Greenhouse Funds LLLP cut its holdings in shares of Habit Restaurants Inc (NASDAQ:HABT) by 75.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,722 shares of the restaurant operator’s stock after selling 840,061 shares during the quarter. Habit Restaurants makes up 0.7% of Greenhouse Funds LLLP’s portfolio, making the stock its 29th largest position. Greenhouse Funds LLLP owned about 1.05% of Habit Restaurants worth $2,604,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the business. Millennium Management LLC bought a new stake in Habit Restaurants during the 4th quarter worth about $1,821,000. Two Sigma Investments LP bought a new stake in Habit Restaurants during the 4th quarter worth about $1,007,000. Two Sigma Advisers LP lifted its position in Habit Restaurants by 75.3% during the 4th quarter. Two Sigma Advisers LP now owns 156,900 shares of the restaurant operator’s stock worth $1,498,000 after buying an additional 67,400 shares in the last quarter. Ellington Management Group LLC lifted its position in Habit Restaurants by 345.1% during the 4th quarter. Ellington Management Group LLC now owns 45,400 shares of the restaurant operator’s stock worth $434,000 after buying an additional 35,200 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Habit Restaurants by 273.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 35,534 shares of the restaurant operator’s stock worth $339,000 after buying an additional 26,027 shares in the last quarter. 73.49% of the stock is currently owned by hedge funds and other institutional investors.
HABT has been the topic of a number of research analyst reports. TheStreet raised shares of Habit Restaurants from a “d” rating to a “c-” rating in a report on Monday, November 20th. Maxim Group initiated coverage on shares of Habit Restaurants in a report on Wednesday, December 13th. They issued a “buy” rating and a $13.00 target price on the stock. ValuEngine cut shares of Habit Restaurants from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Zacks Investment Research raised shares of Habit Restaurants from a “sell” rating to a “hold” rating in a report on Thursday, January 4th. Finally, Wedbush reaffirmed a “hold” rating and issued a $10.00 target price on shares of Habit Restaurants in a report on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. Habit Restaurants presently has a consensus rating of “Hold” and an average target price of $14.86.
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Habit Restaurants Company Profile
The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.
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