DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Makes New $251,000 Investment in Brinker International, Inc. (NYSE:EAT)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of Brinker International, Inc. (NYSE:EAT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,894 shares of the restaurant operator's stock, valued at approximately $251,000.

A number of other hedge funds have also recently modified their holdings of the business. Horrell Capital Management Inc. lifted its position in Brinker International by 0.3% during the 4th quarter. Horrell Capital Management Inc. now owns 26,657 shares of the restaurant operator's stock valued at $3,526,000 after acquiring an additional 76 shares during the period. AdvisorShares Investments LLC lifted its holdings in shares of Brinker International by 4.4% during the fourth quarter. AdvisorShares Investments LLC now owns 2,131 shares of the restaurant operator's stock valued at $282,000 after purchasing an additional 89 shares during the last quarter. Wolff Wiese Magana LLC boosted its position in shares of Brinker International by 100.0% in the 4th quarter. Wolff Wiese Magana LLC now owns 200 shares of the restaurant operator's stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Savant Capital LLC grew its stake in shares of Brinker International by 4.7% in the 4th quarter. Savant Capital LLC now owns 3,274 shares of the restaurant operator's stock worth $433,000 after buying an additional 147 shares during the last quarter. Finally, Summit Investment Advisors Inc. increased its position in Brinker International by 3.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 4,509 shares of the restaurant operator's stock valued at $596,000 after buying an additional 148 shares in the last quarter.

Brinker International Stock Up 6.1%

Shares of EAT stock opened at $145.39 on Tuesday. Brinker International, Inc. has a 52 week low of $56.27 and a 52 week high of $192.22. 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 company's fifty day simple moving average is $144.40 and its two-hundred day simple moving average is $141.45. The stock has a market cap of $6.46 billion, a P/E ratio of 25.20, a PEG ratio of 0.49 and a beta of 1.66.

Brinker International (NYSE:EAT - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The restaurant operator reported $2.66 EPS for the quarter, beating the consensus estimate of $2.48 by $0.18. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.38 billion. Brinker International had a net margin of 5.45% and a return on equity of 879.47%. Brinker International's quarterly revenue was up 27.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.24 earnings per share. Analysts predict that Brinker International, Inc. will post 8.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EAT shares. BMO Capital Markets increased their price target on shares of Brinker International from $105.00 to $125.00 and gave the company a "market perform" rating in a report on Monday, January 27th. StockNews.com raised Brinker International from a "hold" rating to a "buy" rating in a report on Friday, January 31st. KeyCorp cut Brinker International from an "overweight" rating to a "sector weight" rating and set a $115.00 price objective on the stock. in a research report on Friday, January 24th. Barclays cut their price objective on Brinker International from $165.00 to $155.00 and set an "equal weight" rating for the company in a report on Wednesday, April 30th. Finally, Wells Fargo & Company decreased their price target on shares of Brinker International from $165.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 30th. Thirteen investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Brinker International has a consensus rating of "Hold" and a consensus target price of $141.14.

Insider Transactions at Brinker International

In other news, Director Ramona Hood sold 777 shares of the company's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $135.23, for a total value of $105,073.71. Following the transaction, the director now directly owns 8,568 shares in the company, valued at approximately $1,158,650.64. This represents a 8.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Douglas N. Comings sold 2,350 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $135.91, for a total transaction of $319,388.50. Following the completion of the transaction, the chief operating officer now directly owns 20,591 shares in the company, valued at $2,798,522.81. This represents a 10.24% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.72% of the company's stock.

Brinker International Company Profile

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.

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