Texas Roadhouse, Inc. $TXRH Stock Position Increased by Qube Research & Technologies Ltd

Qube Research & Technologies Ltd increased its position in shares of Texas Roadhouse, Inc. (NASDAQ:TXRH - Free Report) by 16.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 919,999 shares of the restaurant operator's stock after acquiring an additional 131,198 shares during the period. Qube Research & Technologies Ltd owned approximately 1.39% of Texas Roadhouse worth $172,417,000 at the end of the most recent quarter.Get Texas Roadhouse alerts:How Texas Roadhouse Is Winning in a Changing Consumer MarketSeveral other institutional investors and hedge funds have also added to or reduced their stakes in the business. Broadleaf Partners LLC increased its holdings in shares of Texas Roadhouse by 0.7% in the second quarter. Broadleaf Partners LLC now owns 17,815 shares of the restaurant operator's stock valued at $3,339,000 after buying an additional 125 shares in the last quarter. Cerity Partners LLC raised its position in shares of Texas Roadhouse by 26.2% during the second quarter. Cerity Partners LLC now owns 77,852 shares of the restaurant operator's stock worth $14,591,000 after purchasing an additional 16,179 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Texas Roadhouse by 13.5% during the second quarter. Federated Hermes Inc. now owns 555,871 shares of the restaurant operator's stock valued at $104,176,000 after purchasing an additional 65,935 shares during the last quarter. Jump Financial LLC lifted its holdings in shares of Texas Roadhouse by 435.6% during the second quarter. Jump Financial LLC now owns 18,499 shares of the restaurant operator's stock valued at $3,467,000 after purchasing an additional 15,045 shares during the last quarter. Finally, Hendershot Investments Inc. boosted its position in shares of Texas Roadhouse by 3.2% in the 2nd quarter. Hendershot Investments Inc. now owns 63,740 shares of the restaurant operator's stock valued at $11,946,000 after purchasing an additional 1,951 shares during the period. 94.82% of the stock is owned by institutional investors and hedge funds. Texas Roadhouse Stock PerformanceTXRH opened at $164.95 on Wednesday. The company has a market cap of $10.91 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 2.69 and a beta of 0.88. The stock has a 50-day moving average of $169.27 and a 200-day moving average of $176.62. Texas Roadhouse, Inc. has a 52-week low of $148.73 and a 52-week high of $199.99. Tariffs Won’t Stop These 3 Stocks From RisingTexas Roadhouse (NASDAQ:TXRH - Get Free Report) last announced its earnings results on Thursday, November 6th. The restaurant operator reported $1.25 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.03). Texas Roadhouse had a return on equity of 30.59% and a net margin of 7.49%.The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the business earned $1.26 EPS. The business's revenue was up 12.8% compared to the same quarter last year. On average, research analysts predict that Texas Roadhouse, Inc. will post 7.23 earnings per share for the current year. Texas Roadhouse Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 2nd will be given a dividend of $0.68 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.6%. Texas Roadhouse's payout ratio is currently 41.59%. Insiders Place Their BetsTexas Roadhouse Stock Steering for New Highs This YearIn other news, Director Gregory N. Moore sold 1,400 shares of the firm's stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $170.00, for a total transaction of $238,000.00. Following the completion of the transaction, the director directly owned 32,150 shares of the company's stock, valued at approximately $5,465,500. This trade represents a 4.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Hugh J. Carroll sold 1,000 shares of Texas Roadhouse stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $167.27, for a total value of $167,270.00. Following the sale, the director directly owned 1,854 shares in the company, valued at $310,118.58. The trade was a 35.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.50% of the company's stock. Analysts Set New Price TargetsSeveral analysts have recently commented on TXRH shares. Royal Bank Of Canada decreased their target price on Texas Roadhouse from $185.00 to $175.00 and set a "sector perform" rating for the company in a research report on Friday, November 7th. Evercore ISI lowered shares of Texas Roadhouse from an "outperform" rating to an "in-line" rating and set a $190.00 price objective on the stock. in a research note on Thursday, September 4th. Stephens lowered their price target on shares of Texas Roadhouse from $175.00 to $168.00 and set an "equal weight" rating on the stock in a report on Friday, November 7th. Barclays reduced their price objective on Texas Roadhouse from $187.00 to $170.00 and set an "equal weight" rating for the company in a research report on Friday, November 7th. Finally, Mizuho raised Texas Roadhouse to a "strong-buy" rating in a research report on Tuesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $192.95.Read Our Latest Analysis on TXRHAbout Texas Roadhouse (Free Report)Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.See AlsoFive stocks we like better than Texas RoadhouseCompound Interest and Why It Matters When InvestingConsumers Got Coal, But Santa Dropped Off Big Gains for These 2 RetailersHow to Invest in Biotech Stocks10X Gains? These 3 Robotics Stocks Could Explode by 2035The Significance of Brokerage Rankings in Stock SelectionAnheuser-Busch Buys BeatBox to Win Over Younger DrinkersThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Texas Roadhouse Right Now?Before you consider Texas Roadhouse, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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