Tudor Investment Corp ET AL Buys 27,408 Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS)

Tudor Investment Corp ET AL raised its holdings in Kura Sushi USA, Inc. (NASDAQ:KRUS - Free Report) by 387.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,477 shares of the company's stock after purchasing an additional 27,408 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.29% of Kura Sushi USA worth $3,123,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. 12 West Capital Management LP boosted its stake in shares of Kura Sushi USA by 12.8% in the 4th quarter. 12 West Capital Management LP now owns 556,415 shares of the company's stock valued at $50,400,000 after purchasing an additional 63,000 shares during the last quarter. Portolan Capital Management LLC grew its stake in shares of Kura Sushi USA by 72.4% during the fourth quarter. Portolan Capital Management LLC now owns 373,253 shares of the company's stock worth $33,809,000 after purchasing an additional 156,723 shares during the period. Vanguard Group Inc. grew its position in shares of Kura Sushi USA by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 357,842 shares of the company's stock worth $32,413,000 after buying an additional 19,025 shares during the period. Voya Investment Management LLC boosted its stake in Kura Sushi USA by 1.6% during the 4th quarter. Voya Investment Management LLC now owns 204,583 shares of the company's stock worth $18,531,000 after acquiring an additional 3,217 shares during the last quarter. Finally, Hood River Capital Management LLC raised its stake in shares of Kura Sushi USA by 109.1% in the 4th quarter. Hood River Capital Management LLC now owns 201,806 shares of the company's stock valued at $18,280,000 after purchasing an additional 105,316 shares during the period. Institutional investors and hedge funds own 65.49% of the company's stock.

Kura Sushi USA Trading Up 1.3 %

Shares of KRUS traded up $0.78 during trading hours on Thursday, reaching $61.24. 34,139 shares of the stock traded hands, compared to its average volume of 275,008. The company has a market cap of $740.09 million, a price-to-earnings ratio of -90.06 and a beta of 1.55. Kura Sushi USA, Inc. has a 52 week low of $40.03 and a 52 week high of $121.99. The stock has a fifty day simple moving average of $55.16 and a 200 day simple moving average of $77.18.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last issued 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). Kura Sushi USA had a negative net margin of 3.08% and a negative return on equity of 0.50%. The business had revenue of $64.89 million for the quarter, compared to analysts' expectations of $66.30 million. During the same period in the previous year, the business posted ($0.09) earnings per share. 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 equities analysts have recently weighed in on KRUS shares. William Blair reaffirmed an "outperform" rating on shares of Kura Sushi USA in a research note on Wednesday, April 9th. TD Cowen started coverage on Kura Sushi USA in a report on Tuesday, February 25th. They set a "hold" rating and a $72.00 target price on the stock. Barclays lowered their price target on Kura Sushi USA from $75.00 to $52.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 9th. TD Securities restated a "hold" rating and set a $72.00 target price on shares of Kura Sushi USA in a report on Friday, April 4th. Finally, Citigroup cut 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. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Kura Sushi USA presently has a consensus rating of "Moderate Buy" and an average target price of $77.20.

Kura Sushi USA Company Profile