29,314 Shares in RCI Hospitality Holdings Inc (NASDAQ:RICK) Purchased by Caption Management LLC

Caption Management LLC acquired a new position in RCI Hospitality Holdings Inc (NASDAQ:RICK - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 29,314 shares of the restaurant operator's stock, valued at approximately $1,685,000. Caption Management LLC owned 0.33% of RCI Hospitality as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in shares of RCI Hospitality by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 68,070 shares of the restaurant operator's stock valued at $3,912,000 after buying an additional 363 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of RCI Hospitality by 9.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,110 shares of the restaurant operator's stock valued at $409,000 after buying an additional 629 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of RCI Hospitality by 356.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 845 shares of the restaurant operator's stock valued at $49,000 after buying an additional 660 shares during the period. AlphaQuest LLC boosted its stake in shares of RCI Hospitality by 107.4% during the 4th quarter. AlphaQuest LLC now owns 1,338 shares of the restaurant operator's stock valued at $77,000 after buying an additional 693 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of RCI Hospitality by 2.0% during the 4th quarter. Renaissance Technologies LLC now owns 45,900 shares of the restaurant operator's stock valued at $2,638,000 after buying an additional 922 shares during the period. Institutional investors and hedge funds own 53.82% of the company's stock.

RCI Hospitality Price Performance

Shares of RCI Hospitality stock traded up $1.53 during trading on Monday, hitting $43.57. 28,442 shares of the company's stock traded hands, compared to its average volume of 85,357. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.02 and a quick ratio of 0.92. The firm's fifty day moving average price is $41.89 and its 200 day moving average price is $48.76. RCI Hospitality Holdings Inc has a twelve month low of $35.00 and a twelve month high of $61.66. The company has a market cap of $386.34 million, a PE ratio of 77.80 and a beta of 1.41.

RCI Hospitality Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.64%. The ex-dividend date was Monday, March 17th. RCI Hospitality's payout ratio is presently 50.00%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. HC Wainwright restated a "buy" rating and set a $98.00 price target on shares of RCI Hospitality in a report on Wednesday, April 9th. StockNews.com upgraded shares of RCI Hospitality from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th.

RCI Hospitality Profile

RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments. The company's wholly-owned subsidiaries own and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club.