Public Sector Pension Investment Board continued to hold its stake in shares of Ruby Tuesday, Inc. (NYSE:RT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,743 shares of the company’s stock at the end of the fourth quarter. Public Sector Pension Investment Board’s holdings in Ruby Tuesday were worth $138,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of RT. Donald Smith & CO. Inc. increased its stake in shares of Ruby Tuesday by 10.7% in the third quarter. Donald Smith & CO. Inc. now owns 6,046,821 shares of the company’s stock valued at $15,117,000 after buying an additional 585,249 shares during the period. Towle & Co. bought a new stake in shares of Ruby Tuesday during the third quarter valued at about $7,494,000. Renaissance Technologies LLC increased its stake in shares of Ruby Tuesday by 6.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,883,869 shares of the company’s stock valued at $6,085,000 after buying an additional 107,800 shares during the period. Royce & Associates LP increased its stake in shares of Ruby Tuesday by 4.3% in the fourth quarter. Royce & Associates LP now owns 1,770,047 shares of the company’s stock valued at $5,717,000 after buying an additional 73,000 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Ruby Tuesday by 15.1% in the third quarter. Wells Fargo & Company MN now owns 1,560,394 shares of the company’s stock valued at $3,901,000 after buying an additional 204,615 shares during the period. Institutional investors and hedge funds own 84.16% of the company’s stock.
Shares of Ruby Tuesday, Inc. (NYSE:RT) opened at 2.45 on Friday. The firm’s 50-day moving average is $2.01 and its 200 day moving average is $2.63. The firm’s market capitalization is $146.59 million. Ruby Tuesday, Inc. has a 12 month low of $1.69 and a 12 month high of $5.48.
Ruby Tuesday (NYSE:RT) last posted its earnings results on Thursday, January 5th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.13. The business had revenue of $214.70 million for the quarter. Ruby Tuesday had a negative return on equity of 2.52% and a negative net margin of 10.60%. On average, equities research analysts anticipate that Ruby Tuesday, Inc. will post $0.08 EPS for the current year.
In other Ruby Tuesday news, CEO F Lane Cardwell, Jr. bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, January 11th. The stock was bought at an average cost of $2.38 per share, with a total value of $47,600.00. Following the completion of the transaction, the chief executive officer now directly owns 146,256 shares in the company, valued at approximately $348,089.28. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.80% of the company’s stock.
Ruby Tuesday Company Profile
Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.
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