Fiesta Restaurant Group, Inc. (FRGI) Position Raised by Worth Venture Partners LLC

Jefferies maintained the stock with "Hold" rating in Thursday, August 4 report.

The stock of Fiesta Restaurant Group Inc (FRGI) shows a multiple bottoms pattern with $15.76 target or 7.00 % below today's $16.95 share price. The average twelve-month price objective among analysts that have issued ratings on the stock in the past year is $21.60. Oppenheimerfunds, Inc. augmented its holdings by buying 2,649 shares an increase of 10.5% from 06/30/2017 to 09/30/2017. Piper Jaffray Cos. reiterated an "overweight" rating and set a $23.00 price target (down previously from $36.00) on shares of Fiesta Restaurant Group in a report on Thursday, August 4th.

Birch Run Capital Advisors Lp increased Fiesta Restaurant Group Inc (FRGI) stake by 42.19% reported in 2017Q2 SEC filing. Zacks Investment Research cut shares of Fiesta Restaurant Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 27th.

In related news, insider John Alan Todd, Jr. sold 2,178 shares of the business's stock in a transaction on Tuesday, August 23rd. The shares were acquired at an average cost of $18.01 per share, for a total transaction of $1,981,100.00. Following the transaction, the director now owns 2,152,565 shares in the company, valued at $34,570,193.90. Following the completion of the transaction, the director now owns 36,270 shares in the company, valued at approximately $667,730.70.

Hedge funds have recently made changes to their positions in the company. BNP Paribas Arbitrage SA lifted its position in Fiesta Restaurant Group by 37.9% during the third quarter. Municipal Employees Retirement System of MI boosted its stake in Fiesta Restaurant Group by 5.1% in the 2nd quarter. California State Teachers Retirement System now owns 41,101 shares with a value of $781,000. BNP Paribas Arbitrage SA now owns 10,225 shares of the restaurant operator's stock worth $211,000 after purchasing an additional 3,880 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in Fiesta Restaurant Group during the 2nd quarter valued at about $217,000. BlackRock Advisors LLC increased its stake in Fiesta Restaurant Group by 4.6% in the second quarter. Inc. now owns 780,868 shares of the company's stock valued at $17,110,000 after buying an additional 3,818 shares during the period. Hedge funds and other institutional investors own 94.35% of the company's stock. The stock of Fiesta Restaurant Group Inc (NASDAQ:FRGI) has "Equal-Weight" rating given on Tuesday, May 9 by Stephens. "(FRGI) Given Average Recommendation of "Hold" by Analysts" was published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of worldwide trademark & copyright laws. Fiesta Restaurant Group Inc had 14 analyst reports since November 19, 2015 according to SRatingsIntel.

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The company is up by 2.69% since yesterday's close of 16.75. The stock had a trading volume of 291,800 shares, compared to its average volume of 415,520. The P/E ratio is N/A and the market value is 468.43M. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.53 and a quick ratio of 0.49.

Fiesta Restaurant Group, Inc. has a one year low of $15.50 and a one year high of $30.65.

Fiesta Restaurant Group (NASDAQ:FRGI) last released its quarterly earnings data on Monday, November 6th. In the last earnings report the EPS was $-0.86 with 26.85M shares now outstanding. The firm had revenue of $158.70 million during the quarter, compared to analyst estimates of $162.05 million. Citigroup Inc has invested 0% in Fiesta Restaurant Group Inc (NASDAQ:FRGI). Fiesta Restaurant Group, Inc. During the same quarter in the previous year, the business earned $0.30 EPS. research analysts expect that Fiesta Restaurant Group will post 0.79 earnings per share for the current year.

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).

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