Two Sigma Investments LP Has $6.21 Million Holdings in Kura Sushi USA, Inc. (NASDAQ:KRUS)

Two Sigma Investments LP increased its holdings in shares of Kura Sushi USA, Inc. (NASDAQ:KRUS - Free Report) by 82.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,585 shares of the company's stock after buying an additional 30,968 shares during the quarter. Two Sigma Investments LP owned 0.57% of Kura Sushi USA worth $6,212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in shares of Kura Sushi USA by 4.2% during the 4th quarter. Bank of America Corp DE now owns 5,906 shares of the company's stock valued at $535,000 after buying an additional 238 shares during the period. Arcadia Investment Management Corp MI bought a new position in Kura Sushi USA during the fourth quarter worth $31,000. Price T Rowe Associates Inc. MD raised its stake in Kura Sushi USA by 13.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,973 shares of the company's stock valued at $360,000 after purchasing an additional 466 shares during the last quarter. US Bancorp DE boosted its holdings in Kura Sushi USA by 43.5% in the 4th quarter. US Bancorp DE now owns 1,805 shares of the company's stock valued at $163,000 after purchasing an additional 547 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Kura Sushi USA in the 4th quarter valued at $61,000. 65.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on KRUS shares. Citigroup reduced their target price on shares of Kura Sushi USA from $71.00 to $47.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Lake Street Capital decreased their price objective on Kura Sushi USA from $103.00 to $62.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Benchmark cut their target price on Kura Sushi USA from $115.00 to $100.00 and set a "buy" rating for the company in a research note on Tuesday, March 25th. William Blair reaffirmed an "outperform" rating on shares of Kura Sushi USA in a research report on Wednesday, April 9th. Finally, TD Securities reissued a "hold" rating and issued a $72.00 price target on shares of Kura Sushi USA in a report on Friday, April 4th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $77.20.

Kura Sushi USA Stock Performance

Shares of NASDAQ:KRUS traded up $0.23 on Friday, hitting $66.07. The stock had a trading volume of 115,360 shares, compared to its average volume of 216,942. The firm's 50 day moving average price is $58.20 and its 200-day moving average price is $73.74. Kura Sushi USA, Inc. has a twelve month low of $40.03 and a twelve month high of $110.66. The company has a market capitalization of $798.40 million, a price-to-earnings ratio of -97.15 and a beta of 1.55.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last released its quarterly earnings results on Tuesday, April 8th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.06). The firm had revenue of $64.89 million during the quarter, compared to analyst estimates of $66.30 million. Kura Sushi USA had a negative net margin of 3.08% and a negative return on equity of 0.50%. During the same quarter last year, the firm earned ($0.09) earnings per share. As a group, sell-side analysts predict that Kura Sushi USA, Inc. will post 0.22 EPS for the current year.

Kura Sushi USA Company Profile