Universal Beteiligungs und Servicegesellschaft mbH Makes New $248,000 Investment in Kura Sushi USA, Inc. (NASDAQ:KRUS)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 4,834 shares of Kura Sushi USA, valued at approximately $248,000, during the first quarter.
• Analysts have a consensus rating of "Moderate Buy" for Kura Sushi USA, with a target price of $92.30, reflecting positive outlook and interest from institutional investors.
• Kura Sushi reported a quarterly EPS of $0.05, exceeding expectations, and demonstrated revenue of approximately $73.97 million, indicating strong financial performance.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Kura Sushi USA, Inc. (NASDAQ:KRUS - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,834 shares of the company's stock, valued at approximately $248,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KRUS. BNP Paribas Financial Markets bought a new stake in Kura Sushi USA in the 4th quarter valued at $77,000. KLP Kapitalforvaltning AS bought a new position in Kura Sushi USA during the 4th quarter worth approximately $109,000. GAMMA Investing LLC boosted its holdings in shares of Kura Sushi USA by 30,191.7% during the 1st quarter. GAMMA Investing LLC now owns 3,635 shares of the company's stock worth $186,000 after buying an additional 3,623 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in Kura Sushi USA in the fourth quarter worth approximately $204,000. Finally, Concourse Financial Group Securities Inc. bought a new position in shares of Kura Sushi USA in the fourth quarter valued at $215,000. 65.49% of the stock is owned by institutional investors.

Kura Sushi USA Stock Down 2.0%

KRUS traded down $1.69 during midday trading on Wednesday, hitting $84.42. 258,660 shares of the company traded hands, compared to its average volume of 287,296. Kura Sushi USA, Inc. has a 52 week low of $40.03 and a 52 week high of $110.66. The company's 50-day moving average is $80.82 and its 200 day moving average is $69.11. The firm has a market capitalization of $1.02 billion, a PE ratio of -105.53 and a beta of 1.80.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 8th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.07. The firm had revenue of $73,965 billion during the quarter, compared to analyst estimates of $71.82 million. Kura Sushi USA had a negative return on equity of 0.49% and a negative net margin of 3.48%. On average, sell-side analysts predict that Kura Sushi USA, Inc. will post 0.22 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on KRUS shares. Barclays boosted their price target on shares of Kura Sushi USA from $71.00 to $75.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 9th. Lake Street Capital boosted their price objective on Kura Sushi USA from $62.00 to $98.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. TD Securities restated a "hold" rating and set a $79.00 target price on shares of Kura Sushi USA in a research report on Wednesday, July 9th. Citigroup increased their target price on Kura Sushi USA from $85.00 to $96.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Finally, Wall Street Zen raised shares of Kura Sushi USA from a "strong sell" rating to a "hold" rating in a research note on Saturday, July 12th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Kura Sushi USA has a consensus rating of "Moderate Buy" and a consensus price target of $92.30.

Kura Sushi USA Company Profile