Ruby Tuesday Inc. (NYSE:RT) Director Donald E. Hess acquired 120,300 shares of the stock in a transaction dated Tuesday, October 11th. The stock was acquired at an average price of $2.70 per share, with a total value of $324,810.00. Following the completion of the acquisition, the director now owns 141,195 shares in the company, valued at approximately $381,226.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of Ruby Tuesday Inc. (NYSE:RT) opened at 3.15 on Monday. The company’s market capitalization is $188.34 million. The stock has a 50 day moving average of $2.80 and a 200-day moving average of $3.74. Ruby Tuesday Inc. has a one year low of $2.08 and a one year high of $5.77.
Ruby Tuesday (NYSE:RT) last released its earnings results on Thursday, October 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). The company earned $256.70 million during the quarter. Ruby Tuesday had a negative net margin of 8.07% and a negative return on equity of 0.30%. On average, equities analysts expect that Ruby Tuesday Inc. will post $0.08 earnings per share for the current year.
A number of large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in Ruby Tuesday by 3.8% in the second quarter. Royal Bank of Canada now owns 63,835 shares of the company’s stock valued at $230,000 after buying an additional 2,335 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in Ruby Tuesday by 7.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 681,888 shares of the company’s stock valued at $2,462,000 after buying an additional 46,579 shares in the last quarter. Wedge Capital Management L L P NC raised its stake in Ruby Tuesday by 41.4% in the second quarter. Wedge Capital Management L L P NC now owns 46,926 shares of the company’s stock valued at $169,000 after buying an additional 13,732 shares in the last quarter. Highbridge Capital Management LLC purchased a new stake in Ruby Tuesday during the second quarter valued at about $240,000. Finally, AQR Capital Management LLC raised its stake in Ruby Tuesday by 13.0% in the second quarter. AQR Capital Management LLC now owns 113,407 shares of the company’s stock valued at $409,000 after buying an additional 13,048 shares in the last quarter. 86.30% of the stock is owned by institutional investors.
Ruby Tuesday Company Profile
Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.
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