FNB Bancorp (FNBG) Forms $36.26 Double Top; Fiesta Restaurant Group (FRGI) Has 1.02 Sentiment

April 15, 2018 - By John Hoffman

Fiesta Restaurant Group Inc (FRGI) investors sentiment decreased to 1.02 in Q4 2017. It’s down -0.37, from 1.39 in 2017Q3. The ratio dropped, as 49 active investment managers increased and started new stock positions, while 48 trimmed and sold stock positions in Fiesta Restaurant Group Inc. The active investment managers in our database reported: 26.50 million shares, down from 26.84 million shares in 2017Q3. Also, the number of active investment managers holding Fiesta Restaurant Group Inc in top ten stock positions was flat from 4 to 4 for the same number . Sold All: 12 Reduced: 36 Increased: 32 New Position: 17.

FNB Bancorp (FNBG) formed double top with $37.35 target or 3.00% above today’s $36.26 share price. FNB Bancorp (FNBG) has $270.49 million valuation. The stock decreased 1.31% or $0.48 during the last trading session, reaching $36.26. About 718 shares traded. FNB Bancorp (NASDAQ:FNBG) has risen 47.98% since April 15, 2017 and is uptrending. It has outperformed by 36.43% the S&P500.

Birch Run Capital Advisors Lp holds 4.45% of its portfolio in Fiesta Restaurant Group, Inc. for 648,000 shares. Bandera Partners Llc owns 281,932 shares or 4.41% of their US portfolio. Moreover, Leucadia National Corp has 3.61% invested in the company for 2.48 million shares. The Florida-based Private Capital Management Llc has invested 3.45% in the stock. Newtyn Management Llc, a New York-based fund reported 700,000 shares.

Fiesta Restaurant Group, Inc., through its subsidiaries, owns, operates, and franchises fast-casual restaurants. The company has market cap of $525.41 million. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brand names. It currently has negative earnings. The companyÂ’s Pollo Tropical restaurants offer various Caribbean inspired food, and Taco Cabana restaurants offer a selection of Mexican food.

Ratings analysis reveals 25% of Fiesta Restaurant’s analysts are positive. Out of 4 Wall Street analysts rating Fiesta Restaurant, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. FRGI was included in 4 notes of analysts from August 29, 2016. Standpoint Research downgraded the stock to “Hold” rating in Tuesday, November 15 report. The firm has “Neutral” rating by Piper Jaffray given on Monday, August 29. The firm has “Outperform” rating by Wedbush given on Tuesday, February 28. The firm has “Mkt Perform” rating by Raymond James given on Tuesday, February 28.

Analysts await Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) to report earnings on May, 14. They expect $0.17 EPS, down 32.00% or $0.08 from last year’s $0.25 per share. FRGI’s profit will be $4.59M for 28.60 P/E if the $0.17 EPS becomes a reality.

Since January 1, 0001, it had 3 insider buys, and 5 insider sales for $6.46 million activity.

The stock increased 0.52% or $0.1 during the last trading session, reaching $19.45. About 140,339 shares traded. Fiesta Restaurant Group, Inc. (FRGI) has declined 20.79% since April 15, 2017 and is downtrending. It has underperformed by 32.34% the S&P500.

FNB Bancorp (NASDAQ:FNBG) Institutional Positions Chart