Texas Roadhouse (NASDAQ:TXRH) Sets New 52-Week High at $96.83

 

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Texas Roadhouse, Inc. (NASDAQ:TXRH – Get Rating)’s stock price hit a new 52-week high on Friday . The stock traded as high as $96.83 and last traded at $94.84, with a volume of 3042 shares. The stock had previously closed at $94.90.

Analyst Ratings Changes

A number of institutional investors have recently modified their holdings of TXRH. BlackRock Inc. increased its holdings in Texas Roadhouse by 7.8% during the first quarter. BlackRock Inc. now owns 8,127,535 shares of the restaurant operator’s stock valued at $680,519,000 after buying an additional 585,944 shares during the period. Macquarie Group Ltd. increased its holdings in Texas Roadhouse by 8.9% during the second quarter. Macquarie Group Ltd. now owns 2,560,882 shares of the restaurant operator’s stock valued at $187,457,000 after buying an additional 208,566 shares during the period. Nordea Investment Management AB increased its holdings in Texas Roadhouse by 23.7% during the second quarter. Nordea Investment Management AB now owns 2,254,678 shares of the restaurant operator’s stock valued at $164,163,000 after buying an additional 432,008 shares during the period. State Street Corp increased its holdings in Texas Roadhouse by 4.1% during the first quarter. State Street Corp now owns 2,195,555 shares of the restaurant operator’s stock valued at $183,834,000 after buying an additional 86,838 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Texas Roadhouse by 55.3% during the second quarter. JPMorgan Chase & Co. now owns 2,186,824 shares of the restaurant operator’s stock valued at $160,075,000 after buying an additional 778,961 shares during the period. 97.80% of the stock is owned by hedge funds and other institutional investors.

Texas Roadhouse Company Profile

(Get Rating)

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises restaurants under the Texas Roadhouse, Bubba’s 33, and Jaggers names. As of December 28, 2021, it operated 566 domestic restaurants and 101 franchise restaurants.

Source: etfdailynews

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