Brinker International, Inc. (NYSE:EAT) Stock Holdings Boosted by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Brinker International, Inc. (NYSE:EAT - Free Report) by 22.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 123,349 shares of the restaurant operator's stock after acquiring an additional 22,535 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.28% of Brinker International worth $16,318,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of EAT. Price T Rowe Associates Inc. MD raised its position in Brinker International by 3,277.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 987,334 shares of the restaurant operator's stock worth $130,615,000 after acquiring an additional 958,101 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Brinker International in the fourth quarter worth $82,408,000. Fuller & Thaler Asset Management Inc. purchased a new position in Brinker International in the fourth quarter worth $61,929,000. American Century Companies Inc. raised its position in Brinker International by 4,710.3% in the fourth quarter. American Century Companies Inc. now owns 280,824 shares of the restaurant operator's stock worth $37,150,000 after acquiring an additional 274,986 shares in the last quarter. Finally, Man Group plc raised its position in Brinker International by 293.6% in the fourth quarter. Man Group plc now owns 239,306 shares of the restaurant operator's stock worth $31,658,000 after acquiring an additional 178,503 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. The Goldman Sachs Group increased their price objective on Brinker International from $162.00 to $208.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Citigroup dropped their price target on Brinker International from $185.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Wall Street Zen upgraded Brinker International from a "hold" rating to a "buy" rating in a research report on Friday, January 31st. Barclays dropped their price target on Brinker International from $165.00 to $155.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. raised their price target on Brinker International from $140.00 to $160.00 and gave the company a "neutral" rating in a research report on Thursday, January 30th. 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 presently has an average rating of "Hold" and an average target price of $141.14.

Brinker International Trading Up 2.6%

NYSE:EAT traded up $4.42 during mid-day trading on Friday, reaching $172.89. The company's stock had a trading volume of 1,833,516 shares, compared to its average volume of 1,495,256. The company's fifty day simple moving average is $147.83 and its two-hundred day simple moving average is $145.51. The company has a debt-to-equity ratio of 4.96, a current ratio of 0.33 and a quick ratio of 0.27. Brinker International, Inc. has a twelve month low of $56.27 and a twelve month high of $192.22. The stock has a market cap of $7.69 billion, a P/E ratio of 29.96, a P/E/G 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 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.18. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.38 billion. Brinker International had a return on equity of 879.47% and a net margin of 5.45%. The company's revenue was up 27.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.24 EPS. On average, equities analysts predict that Brinker International, Inc. will post 8.3 EPS for the current year.

Insider Activity at Brinker International

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