Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Experiences Heavier than Usual Trading Volume

Fiesta Restaurant Group
Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Experiences Heavier than Usual Trading Volume
Author

13 September, 2017

Courage Capital Management Llc sold 19,600 shares as Fiesta Restaurant Group Ord Shs (FRGI)'s stock declined 17.14%. 274,295 shares of the company's stock traded hands. That puts the market capitalization at $5.87 bln. With short interest at 2,805,375 and short average daily volume at 517,410, days to cover is 5.0 and the percentage of shorted shares is 0.10% as of August 15. Finally, Raymond James Financial, Inc. reissued a "market perform" rating on shares of Fiesta Restaurant Group in a research note on Monday, July 24th. It has underperformed by 19.43% the S&P500.The move comes after 7 months positive chart setup for the $446.90M company. Moreover, Falcon Point Capital Llc has 3.17% invested in the company for 793,104 shares. Matarin Capital Mgmt Limited Liability Corp, a Connecticut-based fund reported 126,906 shares.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. 552,223 shares were traded during trading, an increase of 33% from the average session volume of 416,544 shares. Friedman, through Leucadia National Corp (NYSE:LUK) where he serves as President, now owns 2,406,295 shares Fiesta Restaurant Group worth approximately $40.8 million. It has underperformed by 16.70% the S&P500. Antipodean Limited Liability Corporation has invested 3.26% in Fiesta Restaurant Group Inc (NASDAQ:FRGI).

Needham Investment Management Llc decreased Akamai Technologies Inc (NASDAQ:AKAM) stake by 12,500 shares to 132,500 valued at $8.84 million in 2016Q4. It also reduced Alphabet Inc stake by 1,441 shares and now owns 7,123 shares.

Investors sentiment increased to 1.13 in Q4 2016. Its down 0.27, from 1.28 in 2016Q3. It increased, as 21 investors sold FRGI shares while 43 reduced holdings. 70 funds opened positions while 162 raised stakes. Glg Llc holds 8,376 shares. State Treasurer State Of Michigan accumulated 17,956 shares. Schwab Charles Mgmt reported 107,612 shares. Louisiana State Employees Retirement Sys invested in 0.02% or 10,800 shares. The New York-based Kerrisdale Advisers Llc has invested 3.06% in the stock. Blackrock Institutional Com Na reported 706,562 shares or 0% of all its holdings. 1,639 were reported by Amer Bank.

COPYRIGHT VIOLATION NOTICE: "Fiesta Restaurant Group, Inc". Metropolitan Life Ins holds 29,561 shares. First Personal Fin Services owns 181 shares. It is down 0.00% since September 11, 2016 and is. Wolfe Research initiated the shares of AES in report on Wednesday, November 4 with "Peer Perform" rating. Therefore 78% are positive. Ingram Micro had 7 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned "Outperform" rating on Tuesday, February 28 by Wedbush. The firm has "Hold" rating given on Tuesday, July 26 by Jefferies. Lastly, Comerica Bank grew its holdings in stocks of Fiesta Restaurant Group by 4.2% during the Q1. On Monday, August 29 the stock rating was downgraded by Piperjaffray to "Neutral". The stock has "Neutral" rating by Citigroup on Thursday, February 18. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company's stock. Shares for $108,050 were bought by TWOHIG PAUL E on Monday, March 13. Citigroup downgraded Affiliated Managers Group, Inc. (NYSE:AMG) on Monday, June 5 to "Hold" rating. State Of Tennessee Treasury Department holds 0% of its portfolio in Fiesta Restaurant Group Inc (NASDAQ:FRGI) for 21,435 shares.

More important recent Fiesta Restaurant Group Inc (NASDAQ:FRGI) news were published by: Fool.com which released: "Why Fiesta Restaurant Group Inc". Fiesta Restaurant Group Ord Shs now has $467.09 million valuation.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $410,956 activity. More recently, shares of the company have been hit by Hurricane Harvey as 27% of the company's Taco Cabana restaurants are located in Houston. Deutsche Bancshares Ag stated it has 0% in Fiesta Restaurant Group Inc (NASDAQ:FRGI). $43,381 worth of Fiesta Restaurant Group Inc (NASDAQ:FRGI) was bought by SMITH JACK A. On Tuesday, March 14 Stockinger Richard C. bought $150,012 worth of Fiesta Restaurant Group Inc (NASDAQ:FRGI) or 6,945 shares.

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