Texas Roadhouse Inc (NASDAQ:TXRH) General Counsel Celia Catlett sold 6,337 shares of Texas Roadhouse stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $56.11, for a total transaction of $355,569.07. Following the transaction, the general counsel now directly owns 26,337 shares in the company, valued at $1,477,769.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Celia Catlett also recently made the following trade(s):
- On Monday, November 13th, Celia Catlett sold 3,663 shares of Texas Roadhouse stock. The shares were sold at an average price of $49.34, for a total transaction of $180,732.42.
Texas Roadhouse Inc (NASDAQ TXRH) traded up $0.36 during mid-day trading on Thursday, hitting $57.03. 67,067 shares of the stock traded hands, compared to its average volume of 922,029. Texas Roadhouse Inc has a one year low of $40.28 and a one year high of $57.55. The firm has a market cap of $4,030.00, a PE ratio of 32.97, a PEG ratio of 2.05 and a beta of 0.52. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.69 and a quick ratio of 0.63.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Wednesday, December 13th were issued a dividend of $0.21 per share. The ex-dividend date was Tuesday, December 12th. This represents a $0.84 annualized dividend and a yield of 1.47%. Texas Roadhouse’s dividend payout ratio (DPR) is currently 48.55%.
A number of large investors have recently bought and sold shares of the business. BlackRock Inc. increased its holdings in Texas Roadhouse by 1.2% during the 2nd quarter. BlackRock Inc. now owns 6,619,255 shares of the restaurant operator’s stock valued at $337,251,000 after acquiring an additional 76,918 shares in the last quarter. Vanguard Group Inc. lifted its position in Texas Roadhouse by 1.8% during the second quarter. Vanguard Group Inc. now owns 5,195,450 shares of the restaurant operator’s stock valued at $264,708,000 after buying an additional 91,825 shares in the last quarter. State Street Corp lifted its position in Texas Roadhouse by 5.1% during the second quarter. State Street Corp now owns 2,221,004 shares of the restaurant operator’s stock valued at $113,158,000 after buying an additional 108,401 shares in the last quarter. Janus Henderson Group PLC lifted its position in Texas Roadhouse by 332.4% during the second quarter. Janus Henderson Group PLC now owns 1,967,343 shares of the restaurant operator’s stock valued at $100,236,000 after buying an additional 1,512,352 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Texas Roadhouse by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 1,666,230 shares of the restaurant operator’s stock worth $81,879,000 after purchasing an additional 14,545 shares in the last quarter. Hedge funds and other institutional investors own 85.95% of the company’s stock.
Several research firms have recently commented on TXRH. BidaskClub upgraded shares of Texas Roadhouse from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. Stifel Nicolaus began coverage on shares of Texas Roadhouse in a research note on Monday, October 2nd. They set a “buy” rating and a $55.00 price objective for the company. Jefferies Group upgraded shares of Texas Roadhouse from an “underperform” rating to a “hold” rating and lifted their price objective for the stock from $41.00 to $50.00 in a research note on Saturday, December 30th. BMO Capital Markets decreased their target price on shares of Texas Roadhouse from $58.00 to $57.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $56.00 price objective on shares of Texas Roadhouse in a report on Tuesday, September 19th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $51.79.
Texas Roadhouse Company Profile
Texas Roadhouse, Inc is a restaurant company, which operates in the casual dining segment. The Company offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. Its restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.
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