BJ’s Restaurants, Inc. (NASDAQ:BJRI) Director Patrick Walsh sold 120,000 shares of BJ’s Restaurants stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $35.43, for a total value of $4,251,600.00. Following the sale, the director now owns 19,844 shares of the company’s stock, valued at approximately $703,072.92. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Patrick Walsh also recently made the following trade(s):

  • On Friday, November 10th, Patrick Walsh sold 10,000 shares of BJ’s Restaurants stock. The shares were sold at an average price of $31.00, for a total value of $310,000.00.
  • On Wednesday, November 1st, Patrick Walsh sold 37,764 shares of BJ’s Restaurants stock. The shares were sold at an average price of $31.59, for a total value of $1,192,964.76.

Shares of BJ’s Restaurants, Inc. (NASDAQ BJRI) traded up $1.70 during mid-day trading on Monday, reaching $37.25. The company’s stock had a trading volume of 855,760 shares, compared to its average volume of 450,467. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 0.79. BJ’s Restaurants, Inc. has a 12-month low of $28.00 and a 12-month high of $47.55. The company has a market capitalization of $733.52, a P/E ratio of 22.08, a P/E/G ratio of 1.68 and a beta of 0.97.

BJ’s Restaurants (NASDAQ:BJRI) last announced its quarterly earnings data on Thursday, October 26th. The restaurant operator reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.09). BJ’s Restaurants had a net margin of 3.30% and a return on equity of 13.85%. The company had revenue of $247.00 million during the quarter, compared to the consensus estimate of $248.73 million. During the same quarter in the previous year, the firm posted $0.30 EPS. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. equities analysts forecast that BJ’s Restaurants, Inc. will post 1.39 EPS for the current year.

The firm also recently announced a special dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, November 10th. BJ’s Restaurants’s dividend payout ratio (DPR) is presently 7.24%.

A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded BJ’s Restaurants from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Canaccord Genuity dropped their target price on BJ’s Restaurants from $42.00 to $38.00 and set a “buy” rating for the company in a research report on Friday, October 27th. Barclays dropped their target price on BJ’s Restaurants from $29.00 to $27.00 and set an “underweight” rating for the company in a research report on Friday, October 27th. Wells Fargo & Company dropped their target price on BJ’s Restaurants from $35.00 to $30.00 and set a “market perform” rating for the company in a research report on Wednesday, October 18th. Finally, Robert W. Baird restated a “hold” rating and issued a $36.00 target price on shares of BJ’s Restaurants in a research report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $36.89.

Several institutional investors and hedge funds have recently bought and sold shares of BJRI. State of Alaska Department of Revenue increased its stake in shares of BJ’s Restaurants by 77.9% during the second quarter. State of Alaska Department of Revenue now owns 3,557 shares of the restaurant operator’s stock valued at $132,000 after buying an additional 1,557 shares during the period. Victory Capital Management Inc. increased its stake in shares of BJ’s Restaurants by 17.6% during the second quarter. Victory Capital Management Inc. now owns 4,391 shares of the restaurant operator’s stock valued at $164,000 after buying an additional 657 shares during the period. SG Americas Securities LLC increased its stake in shares of BJ’s Restaurants by 20.8% during the second quarter. SG Americas Securities LLC now owns 5,093 shares of the restaurant operator’s stock valued at $190,000 after buying an additional 877 shares during the period. Municipal Employees Retirement System of Michigan increased its stake in shares of BJ’s Restaurants by 59.5% during the third quarter. Municipal Employees Retirement System of Michigan now owns 7,020 shares of the restaurant operator’s stock valued at $214,000 after buying an additional 2,620 shares during the period. Finally, Pacad Investment Ltd. increased its stake in shares of BJ’s Restaurants by 1.8% during the second quarter. Pacad Investment Ltd. now owns 5,800 shares of the restaurant operator’s stock valued at $216,000 after buying an additional 100 shares during the period. 92.12% of the stock is currently owned by hedge funds and other institutional investors.

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About BJ’s Restaurants

BJ’s Restaurants, Inc owns and operates restaurants. The Company segment includes casual dining company-owned restaurants. Each of its restaurants is operated either as a BJ’s Restaurant & Brewhouse, a BJ’s Restaurant & Brewery, a BJ’s Pizza & Grill or a BJ’s Grill restaurant. The Company’s restaurants offer craft beers and other beers, as well as a selection of appetizers, entrees, pastas, burgers and sandwiches, specialty salads, and desserts, including its warm pizza cookie dessert, the Pizookie.

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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