Goldman Sachs Group Inc. grew its holdings in shares of Ruby Tuesday, Inc. (NYSE:RT) by 53.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 204,196 shares of the restaurant operator’s stock after buying an additional 71,479 shares during the quarter. Goldman Sachs Group Inc. owned 0.34% of Ruby Tuesday worth $410,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thrivent Financial For Lutherans grew its stake in Ruby Tuesday by 7.3% during the first quarter. Thrivent Financial For Lutherans now owns 35,460 shares of the restaurant operator’s stock worth $100,000 after buying an additional 2,420 shares during the period. Marquette Asset Management Inc. grew its stake in Ruby Tuesday by 9.5% during the second quarter. Marquette Asset Management Inc. now owns 54,365 shares of the restaurant operator’s stock worth $109,000 after buying an additional 4,707 shares during the period. Virtu KCG Holdings LLC purchased a new stake in Ruby Tuesday during the second quarter worth approximately $126,000. SG Americas Securities LLC purchased a new stake in Ruby Tuesday during the second quarter worth approximately $143,000. Finally, Citigroup Inc. grew its stake in Ruby Tuesday by 87.5% during the second quarter. Citigroup Inc. now owns 105,597 shares of the restaurant operator’s stock worth $212,000 after buying an additional 49,268 shares during the period. Institutional investors own 76.26% of the company’s stock.
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Shares of Ruby Tuesday, Inc. (RT) opened at $2.37 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 1.08 and a debt-to-equity ratio of 0.72. Ruby Tuesday, Inc. has a 52 week low of $1.69 and a 52 week high of $3.68.
Ruby Tuesday (NYSE:RT) last released its quarterly earnings data on Monday, October 16th. The restaurant operator reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $217.31 million for the quarter. Ruby Tuesday had a negative return on equity of 3.67% and a negative net margin of 8.36%.
In other news, Director Bernard Lanigan, Jr. sold 309,592 shares of the company’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $2.38, for a total value of $736,828.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 4.80% of the stock is currently owned by corporate insiders.
Ruby Tuesday 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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