81,215 Shares in Brinker International, Inc. (NYSE:EAT) Bought by Aquatic Capital Management LLC

Aquatic Capital Management LLC bought a new stake in Brinker International, Inc. (NYSE:EAT - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 81,215 shares of the restaurant operator's stock, valued at approximately $10,744,000. Aquatic Capital Management LLC owned about 0.18% of Brinker International as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wolff Wiese Magana LLC lifted its stake in shares of Brinker International by 100.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 200 shares of the restaurant operator's stock valued at $26,000 after buying an additional 100 shares in the last quarter. Coppell Advisory Solutions LLC bought a new position in shares of Brinker International in the 4th quarter worth $26,000. GAMMA Investing LLC lifted its stake in Brinker International by 123.9% in the fourth quarter. GAMMA Investing LLC now owns 309 shares of the restaurant operator's stock worth $41,000 after purchasing an additional 171 shares during the last quarter. R Squared Ltd purchased a new position in shares of Brinker International in the fourth quarter worth about $83,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Brinker International in the fourth quarter worth about $126,000.

Brinker International Price Performance

EAT stock traded down $3.08 during midday trading on Thursday, hitting $131.22. The company's stock had a trading volume of 1,322,194 shares, compared to its average volume of 1,484,789. The company has a quick ratio of 0.27, a current ratio of 0.33 and a debt-to-equity ratio of 4.96. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 22.67, a price-to-earnings-growth ratio of 0.49 and a beta of 2.21. Brinker International, Inc. has a 12 month low of $53.02 and a 12 month high of $192.22. The company has a 50 day moving average of $147.70 and a two-hundred day moving average of $138.36.

Brinker International (NYSE:EAT - Get Free Report) last posted its earnings results on Tuesday, April 29th. The restaurant operator reported $2.66 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.18. Brinker International had a return on equity of 879.47% and a net margin of 5.45%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the company earned $1.24 EPS. The company's quarterly revenue was up 27.2% compared to the same quarter last year. On average, analysts expect that Brinker International, Inc. will post 8.3 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on EAT shares. Northcoast Research upgraded Brinker International from a "neutral" rating to a "buy" rating and set a $215.00 price target on the stock in a report on Thursday, January 30th. The Goldman Sachs Group boosted their price target on Brinker International from $162.00 to $208.00 and gave the company a "buy" rating in a report on Thursday, January 30th. JPMorgan Chase & Co. boosted their price target on Brinker International from $140.00 to $160.00 and gave the company a "neutral" rating in a report on Thursday, January 30th. BMO Capital Markets upped their target price on Brinker International from $105.00 to $125.00 and gave the stock a "market perform" rating in a report on Monday, January 27th. Finally, StockNews.com upgraded Brinker International from a "hold" rating to a "buy" rating in a report on Friday, January 31st. Thirteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $141.14.

Insider Activity at Brinker International

In other Brinker International news, COO Douglas N. Comings sold 7,500 shares of the stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $187.90, for a total value of $1,409,250.00. Following the sale, the chief operating officer now owns 34,252 shares in the company, valued at $6,435,950.80. This trade represents a 17.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Cindy L. Davis sold 5,802 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $187.86, for a total value of $1,089,963.72. Following the completion of the sale, the director now owns 11,107 shares in the company, valued at approximately $2,086,561.02. The trade was a 34.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,802 shares of company stock worth $3,752,464. Company insiders own 1.72% of the company's stock.

About Brinker International

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.