Fiesta Restaurant Group, Inc. (FRGI) At $19.55 Forms Bottom; Westwood Holdings Group Increased By $4.87 Million Its Marcus (MCS) Holding

January 23, 2018 - By Shannon Black

Fiesta Restaurant Group, Inc. (FRGI) formed multiple bottom with $17.99 target or 8.00% below today’s $19.55 share price. Fiesta Restaurant Group, Inc. (FRGI) has $524.86 million valuation. The stock decreased 0.51% or $0.1 during the last trading session, reaching $19.55. About 153,917 shares traded. Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) has declined 2.73% since January 23, 2017 and is downtrending. It has underperformed by 19.43% the S&P500.

Westwood Holdings Group Inc increased Marcus Corp (MCS) stake by 33.97% reported in 2017Q3 SEC filing. Westwood Holdings Group Inc acquired 180,191 shares as Marcus Corp (MCS)’s stock rose 5.36%. The Westwood Holdings Group Inc holds 710,653 shares with $19.69M value, up from 530,462 last quarter. Marcus Corp now has $751.65M valuation. The stock decreased 1.64% or $0.45 during the last trading session, reaching $27. About 138,429 shares traded or 80.57% up from the average. The Marcus Corporation (NYSE:MCS) has risen 67.02% since January 23, 2017 and is uptrending. It has outperformed by 50.32% the S&P500.

Investors sentiment increased to 1.39 in 2017 Q3. Its up 0.23, from 1.16 in 2017Q2. It is positive, as 14 investors sold Fiesta Restaurant Group, Inc. shares while 27 reduced holdings. 15 funds opened positions while 42 raised stakes. 26.84 million shares or 8.78% more from 24.67 million shares in 2017Q2 were reported. Rhumbline Advisers holds 52,519 shares. 2,070 are owned by Ameritas Partners. Virginia Retirement System Et Al reported 0.02% of its portfolio in Fiesta Restaurant Group, Inc. (NASDAQ:FRGI). Rbf Limited Com reported 150,000 shares. 168,540 were accumulated by Thomson Horstmann Bryant. Prudential Financial has 335,092 shares. Morgan Stanley reported 36,303 shares. Parametric Port Associate Ltd Company reported 41,554 shares stake. D E Shaw & has 80,954 shares for 0% of their portfolio. Pnc Fincl Serv Grp holds 187 shares. California Public Employees Retirement Systems has 0% invested in Fiesta Restaurant Group, Inc. (NASDAQ:FRGI). 14,096 were accumulated by Bnp Paribas Arbitrage. Sector Pension Investment Board has invested 0% in Fiesta Restaurant Group, Inc. (NASDAQ:FRGI). Barclays Public Limited Company invested in 26,126 shares or 0% of the stock. Goldman Sachs Gru has 80,071 shares for 0% of their portfolio.

Analysts await Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) to report earnings on February, 26. They expect $0.13 EPS, down 51.85% or $0.14 from last year’s $0.27 per share. FRGI’s profit will be $3.49 million for 37.60 P/E if the $0.13 EPS becomes a reality. After $0.06 actual EPS reported by Fiesta Restaurant Group, Inc. for the previous quarter, Wall Street now forecasts 116.67% EPS growth.

Since August 9, 2017, it had 9 buys, and 0 insider sales for $19.54 million activity. FRIEDMAN BRIAN P also bought $3.01M worth of Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) on Wednesday, August 9.

Among 9 analysts covering Fiesta Restaurant Group Inc (NASDAQ:FRGI), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Fiesta Restaurant Group Inc had 14 analyst reports since November 19, 2015 according to SRatingsIntel. The rating was downgraded by Standpoint Research on Tuesday, November 15 to “Hold”. The company was maintained on Tuesday, March 7 by Wedbush. Wedbush maintained Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) rating on Tuesday, February 28. Wedbush has “Outperform” rating and $28 target. The rating was downgraded by Piperjaffray on Monday, August 29 to “Neutral”. The stock of Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) earned “Underweight” rating by PiperJaffray on Thursday, September 7. As per Tuesday, July 26, the company rating was downgraded by Jefferies. The firm has “Sell” rating given on Thursday, September 7 by Piper Jaffray. Raymond James downgraded Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) on Tuesday, May 10 to “Outperform” rating. The firm has “Buy” rating by Wedbush given on Tuesday, August 8. Raymond James upgraded the shares of FRGI in report on Thursday, November 19 to “Strong Buy” rating.

Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.27, from 1.4 in 2017Q2. It turned negative, as 23 investors sold MCS shares while 37 reduced holdings. 22 funds opened positions while 46 raised stakes. 16.55 million shares or 1.10% more from 16.37 million shares in 2017Q2 were reported. Royal Fincl Bank Of Canada reported 34,134 shares. Wells Fargo & Comm Mn owns 0% invested in The Marcus Corporation (NYSE:MCS) for 41,866 shares. Comerica Bancorp holds 0% or 20,184 shares in its portfolio. Opus Capital Grp Inc Ltd Liability Corp reported 113,353 shares. Martingale Asset Management Ltd Partnership owns 98,110 shares. Indexiq Advsr Limited Liability Company has invested 0.03% in The Marcus Corporation (NYSE:MCS). Neuberger Berman Grp Ltd Com reported 22,154 shares. Macquarie Gru has invested 0% in The Marcus Corporation (NYSE:MCS). 102,716 were reported by D E Shaw. Sei has invested 0% in The Marcus Corporation (NYSE:MCS). Kentucky-based Teachers Retirement Systems Of The State Of Kentucky has invested 0% in The Marcus Corporation (NYSE:MCS). Pinebridge Limited Partnership accumulated 2,386 shares. New York State Common Retirement Fund has 20,100 shares. Kbc Nv accumulated 10,699 shares. Dimensional Fund Lp owns 1.59M shares.