Gilder Gagnon Howe & Co. LLC Grows Stock Holdings in Kura Sushi USA, Inc. (NASDAQ:KRUS)

Gilder Gagnon Howe & Co. LLC increased its position in shares of Kura Sushi USA, Inc. (NASDAQ:KRUS - Free Report) by 98.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,038 shares of the company's stock after buying an additional 6,973 shares during the period. Gilder Gagnon Howe & Co. LLC owned 0.12% of Kura Sushi USA worth $1,272,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of KRUS. Arcadia Investment Management Corp MI acquired a new stake in shares of Kura Sushi USA in the 4th quarter valued at about $31,000. Quantbot Technologies LP acquired a new stake in shares of Kura Sushi USA in the 4th quarter valued at about $61,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Kura Sushi USA in the 4th quarter valued at about $109,000. US Bancorp DE grew its stake in shares of 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 buying an additional 547 shares during the period. Finally, Concourse Financial Group Securities Inc. acquired a new stake in shares of Kura Sushi USA in the 4th quarter valued at about $215,000. Institutional investors own 65.49% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KRUS. Barclays cut their price target on Kura Sushi USA from $75.00 to $52.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 9th. William Blair reiterated an "outperform" rating on shares of Kura Sushi USA in a research note on Wednesday, April 9th. Lake Street Capital cut their price target on Kura Sushi USA from $103.00 to $62.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. TD Securities reiterated a "hold" rating and set a $72.00 price target on shares of Kura Sushi USA in a research note on Friday, April 4th. Finally, Benchmark cut their price target 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. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $77.20.

Kura Sushi USA Trading Up 1.6 %

Shares of NASDAQ:KRUS traded up $0.96 during mid-day trading on Thursday, reaching $59.84. The company had a trading volume of 229,118 shares, compared to its average volume of 280,960. The firm has a market cap of $723.17 million, a price-to-earnings ratio of -88.00 and a beta of 1.72. The company's 50-day moving average price is $55.52 and its 200-day moving average price is $78.05. Kura Sushi USA, Inc. has a one year low of $40.03 and a one year high of $121.99.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last posted 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 company had revenue of $64.89 million during the quarter, compared to the consensus estimate of $66.30 million. Kura Sushi USA had a negative return on equity of 0.50% and a negative net margin of 3.08%. During the same period last year, the firm posted ($0.09) EPS. On average, research analysts anticipate that Kura Sushi USA, Inc. will post 0.22 EPS for the current fiscal year.

About Kura Sushi USA