Fiesta Restaurant Group, Inc. (FRGI) Receives Buy Rating from Wedbush

Cornelia Mascio
Novembre 20, 2017

Analysts expect Exa Corp (NASDAQ:EXA) to report $-0.05 EPS on November, 29.They anticipate $0.06 EPS change or 600.00% from last quarter's $0.01 EPS. Fiesta Restaurant Group Inc (FRGI) has $464.39 million valuation. The stock increased 3.19% or $0.55 on November 17, reaching $17.8. The company's stock had a trading volume of 272,370 shares, compared to its average volume of 412,663. Fiesta Restaurant Group Inc (NASDAQ:FRGI) has declined 2.73% since November 19, 2016 and is downtrending. It has underperformed by 41.88% the S&P500.

Praesidium Investment Management Company Llc increased its stake in Servicenow Inc (NOW) by 5.15% based on its latest 2017Q2 regulatory filing with the SEC. Da Davidson And holds 0% of its portfolio in Fiesta Restaurant Group Inc (NASDAQ:FRGI) for 4,219 shares. Insiders purchased a total of 865,625 shares of company stock valued at $14,757,808 over the last quarter. Moreover, Skylands Capital Llc has 0.01% invested in the company for 37,037 shares. Municipal Employees Retirement System of MI now owns 6,360 shares of the restaurant operator's stock valued at $131,000 after acquiring an additional 310 shares during the period. About 1.12 million shares traded. It is down 1.23% since November 19, 2016 and is downtrending. Texas Permanent School Fund invested 0.01% in Fiesta Restaurant Group Inc (NASDAQ:FRGI). ServiceNow Inc had 93 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by Wedbush given on Tuesday, August 8. The firm has "Neutral" rating by Piper Jaffray given on Friday, December 2. The stock has "Buy" rating by S&P Research on Friday, August 7. The company has market cap of $1.24 billion. Wedbush maintained the shares of FRGI in report on Tuesday, March 7 with "Outperform" rating. Bank of America maintained ServiceNow Inc (NYSE:NOW) rating on Wednesday, October 25. Legal & General Group Plc now owns 46,910 shares of the restaurant operator's stock valued at $1,134,000 after acquiring an additional 762 shares during the period. It also reduced its holding in Rockwell Collins Inc (NYSE:COL) by 3,315 shares in the quarter, leaving it with 1.04 million shares, and cut its stake in Advanced Energy Inds (NASDAQ:AEIS).

Investors sentiment decreased to 0.74 in Q2 2017. Its up 0.10, from 1.06 in 2017Q1. It fall, as 88 investors sold APA shares while 243 reduced holdings. 10 funds opened positions while 22 raised stakes. 342.91 million shares or 0.58% more from 340.94 million shares in 2017Q1 were reported. Thrivent Fincl For Lutherans holds 0.09% or 200,538 shares in its portfolio. Parametric Portfolio Associates Ltd, a Washington-based fund reported 33,792 shares. Qs Investors Limited Com stated it has 0% of its portfolio in ServiceNow Inc (NYSE:NOW). Wfg Ltd Partnership accumulated 0.01% or 1,295 shares. Criterion Limited Company reported 5.93% of its portfolio in ServiceNow Inc (NYSE:NOW). Moreover, Nationwide Fund has 0% invested in Exa Corp (NASDAQ:EXA). Pictet Asset Mngmt invested 0.17% of its portfolio in ServiceNow Inc (NYSE:NOW). Alpine Woods Cap Invsts Ltd Company holds 0.36% in Apache Corporation (NYSE:APA) or 140,600 shares. California State Teachers Retirement System invested 0% in Exa Corp (NASDAQ:EXA). Benjamin F Edwards And Company owns 823 shares. $18.09M worth of stock was sold by LUDDY FREDERIC B on Wednesday, June 7. The insider SHIELDS JOHN J sold 1,000 shares worth $13,890. (NASDAQ:FRGI) from a sell rating to a hold rating in a research report released on Thursday, November 9th. Therefore 11% are positive.

Fiesta Restaurant Group, Inc owns, operates and franchises two fast-casual restaurant brands, Pollo Tropical and Taco Cabana through its subsidiaries Pollo Operations, Inc, and its subsidiaries, and Pollo Franchise, Inc, (collectively Pollo Tropical) and Taco Cabana, Inc and its subsidiaries (collectively Taco Cabana). The firm earned "Neutral" rating on Monday, August 29 by Piperjaffray. The firm earned "Equal-Weight" rating on Tuesday, May 9 by Stephens.

In other Fiesta Restaurant Group news, Director Brian P. Friedman purchased 290,000 shares of the business's stock in a transaction dated Monday, September 11th. Prudential Inc holds 0.01% of its portfolio in Fiesta Restaurant Group Inc (NASDAQ:FRGI) for 316,032 shares. The stock of Fiesta Restaurant Group Inc (NASDAQ:FRGI) has "Outperform" rating given on Tuesday, February 28 by Wedbush. Stifel Nicolaus maintained the stock with "Hold" rating in Thursday, July 13 report.

Shares of Fiesta Restaurant Group (NASDAQ:FRGI) traded up $0.55 during trading on Thursday, hitting $17.80. The rating was downgraded by Raymond James to "Outperform" on Tuesday, May 10. TheStreet downgraded Fiesta Restaurant Group from a c- rating to a d+ rating in a research note on Thursday, September 7th. The rating was downgraded by Raymond James to "Mkt Perform" on Tuesday, February 28.

Investors sentiment increased to 1.16 in Q2 2017. Its down 0.45, from 1.42 in 2017Q1. 18 funds opened positions while 40 raised stakes. The Birch Run Capital Advisors Lp holds 519,000 shares with $10.72M value, up from 365,000 last quarter. Deutsche Bancshares Ag holds 0% or 205,761 shares in its portfolio. Finally, Voya Investment Management LLC grew its holdings in Fiesta Restaurant Group by 12.1% in the second quarter. Courage Capital Mgmt Ltd Liability reported 184,333 shares. Baillie Gifford And owns 521,230 shares. Art Ltd reported 59,700 shares stake. Municipal Employees Retirement System of MI grew its holdings in shares of Fiesta Restaurant Group by 5.1% during the second quarter. Credit Suisse Ag owns 15,744 shares or 0% of their USA portfolio. Arizona State Retirement Systems has invested 0% of its portfolio in Fiesta Restaurant Group Inc (NASDAQ:FRGI). Fiesta Restaurant Group had a positive return on equity of 9.49% and a negative net margin of 3.40%.

Since May 17, 2017, it had 3 insider purchases, and 0 insider sales for $6.62 million activity. 28,093 shares were bought by FRIEDMAN BRIAN P, worth $608,197.

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