Dimensional Fund Advisors LP Has $740,000 Holdings in The ONE Group Hospitality, Inc. (NASDAQ:STKS)

Dimensional Fund Advisors LP cut its holdings in The ONE Group Hospitality, Inc. (NASDAQ:STKS - Free Report) by 37.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 255,251 shares of the restaurant operator's stock after selling 153,755 shares during the period. Dimensional Fund Advisors LP owned about 0.83% of ONE Group Hospitality worth $740,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Geode Capital Management LLC boosted its holdings in shares of ONE Group Hospitality by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 506,337 shares of the restaurant operator's stock valued at $1,469,000 after buying an additional 8,162 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of ONE Group Hospitality by 430.8% in the 4th quarter. JPMorgan Chase & Co. now owns 83,411 shares of the restaurant operator's stock valued at $242,000 after buying an additional 67,698 shares during the period. Barclays PLC boosted its stake in ONE Group Hospitality by 6.7% during the 4th quarter. Barclays PLC now owns 49,634 shares of the restaurant operator's stock valued at $143,000 after purchasing an additional 3,126 shares during the period. Magnus Financial Group LLC acquired a new position in ONE Group Hospitality during the 4th quarter valued at about $72,000. Finally, Stoneridge Investment Partners LLC boosted its stake in ONE Group Hospitality by 22.6% during the 4th quarter. Stoneridge Investment Partners LLC now owns 14,574 shares of the restaurant operator's stock valued at $42,000 after purchasing an additional 2,684 shares during the period. 29.14% of the stock is owned by institutional investors and hedge funds.

ONE Group Hospitality Price Performance

Shares of STKS stock traded up $0.01 during midday trading on Thursday, reaching $3.63. 60,450 shares of the company were exchanged, compared to its average volume of 96,061. The ONE Group Hospitality, Inc. has a 12 month low of $2.37 and a 12 month high of $5.55. The company has a market cap of $112.18 million, a P/E ratio of -4.54 and a beta of 1.97. The company's 50 day moving average price is $3.15 and its two-hundred day moving average price is $3.17. The company has a debt-to-equity ratio of 6.73, a quick ratio of 0.44 and a current ratio of 0.52.

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The restaurant operator reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.18) by $0.32. ONE Group Hospitality had a negative net margin of 2.45% and a positive return on equity of 15.75%. The company had revenue of $211.13 million for the quarter, compared to the consensus estimate of $202.87 million. On average, sell-side analysts expect that The ONE Group Hospitality, Inc. will post -0.18 earnings per share for the current year.

Insiders Place Their Bets

In other ONE Group Hospitality news, CFO Tyler Loy bought 10,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were acquired at an average cost of $2.55 per share, for a total transaction of $25,500.00. Following the acquisition, the chief financial officer now directly owns 220,246 shares of the company's stock, valued at $561,627.30. This trade represents a 4.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 25.10% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have issued reports on STKS. Noble Financial raised shares of ONE Group Hospitality to a "strong-buy" rating in a research note on Wednesday, April 23rd. Wall Street Zen raised shares of ONE Group Hospitality from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Northcoast Research began coverage on shares of ONE Group Hospitality in a research note on Friday, April 11th. They set a "buy" rating and a $5.00 target price for the company. Stephens reduced their target price on shares of ONE Group Hospitality from $6.00 to $5.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. Finally, Wedbush reissued a "neutral" rating and set a $3.50 target price on shares of ONE Group Hospitality in a research note on Tuesday, March 11th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $4.50.

ONE Group Hospitality Profile

The ONE Group Hospitality, Inc, a restaurant company, develops, owns, operates, manages, and licenses restaurants and lounges worldwide. It operates through STK, Kona Grill, and ONE Hospitality segments. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.