889 Shares in Texas Roadhouse, Inc. (NASDAQ:TXRH) Acquired by Comprehensive Financial Planning Inc. PA

Comprehensive Financial Planning Inc. PA purchased a new stake in Texas Roadhouse, Inc. (NASDAQ:TXRH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 889 shares of the restaurant operator’s stock, valued at approximately $160,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Texas Roadhouse in the fourth quarter valued at $30,000. True Wealth Design LLC bought a new stake in shares of Texas Roadhouse in the 3rd quarter valued at about $30,000. PSI Advisors LLC increased its stake in shares of Texas Roadhouse by 70.8% in the third quarter. PSI Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $32,000 after buying an additional 75 shares during the period. UMB Bank n.a. raised its position in shares of Texas Roadhouse by 118.6% during the third quarter. UMB Bank n.a. now owns 258 shares of the restaurant operator’s stock worth $46,000 after acquiring an additional 140 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Texas Roadhouse by 32.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 267 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 65 shares during the period. 94.82% of the stock is currently owned by institutional investors and hedge funds.

Texas Roadhouse Price Performance

Shares of TXRH stock opened at $175.96 on Monday. Texas Roadhouse, Inc. has a one year low of $130.15 and a one year high of $206.04. The company has a market cap of $11.74 billion, a P/E ratio of 30.23, a P/E/G ratio of 1.28 and a beta of 1.02. The firm has a 50-day moving average of $183.66 and a 200-day moving average of $179.95.

Insider Buying and Selling at Texas Roadhouse

In other news, CTO Hernan E. Mujica sold 1,500 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $202.26, for a total transaction of $303,390.00. Following the completion of the sale, the chief technology officer now directly owns 16,342 shares of the company’s stock, valued at $3,305,332.92. This trade represents a 8.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Christopher C. Colson sold 1,370 shares of Texas Roadhouse stock in a transaction on Friday, January 10th. The stock was sold at an average price of $179.46, for a total value of $245,860.20. Following the sale, the insider now owns 10,000 shares in the company, valued at $1,794,600. The trade was a 12.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on TXRH shares. Loop Capital decreased their target price on shares of Texas Roadhouse from $215.00 to $209.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Royal Bank of Canada reissued a “sector perform” rating and set a $200.00 target price on shares of Texas Roadhouse in a research note on Thursday, January 16th. Morgan Stanley raised shares of Texas Roadhouse from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $205.00 to $213.00 in a research report on Tuesday, January 21st. Evercore ISI lifted their price objective on Texas Roadhouse from $195.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Finally, Stifel Nicolaus upped their target price on Texas Roadhouse from $180.00 to $195.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Thirteen equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $191.26.

Texas Roadhouse Profile

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.