Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) Stock Price Up as Sentiment Increases, now at 1.46

November 10, 2018 – By Eric Painter

Red Robin Gourmet Burgers Inc’s Sentiment

“Big money sentiment for Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) in Q2 2018 increased to 1.46, according to SEC filings. So its up 0.31, from 2018Q1’s 1.15. 83 investment managers increased and opened new equity positions, while 57 decreased and sold their stock positions in Red Robin Gourmet Burgers Inc so the sentiment is positive. These funds own 16.17 million shares, that’s down from 16.34 million shares in 2018Q1. Funds holding Red Robin Gourmet Burgers Inc in top 10 was flat from 0 to 0 for the same number . In total 16 funds closed positions, 41 reduced and 55 increased. Also 28 funds bought new Red Robin Gourmet Burgers Inc stakes.

Most Red Robin Gourmet Burgers Inc Shareholders

Investment Counselors Of Maryland Llc owns 444,798 shares in Red Robin Gourmet Burgers Inc as of Q2 2018. As of Q2 2018, 208,362 shares of Red Robin Gourmet Burgers Inc are owned by Monarch Partners Asset Management Llc. Elk Creek Partners Llc reported 323,102 shares. Smith Graham & Co. Investment Advisors Lp revealed 172,287 shares position in Red Robin Gourmet Burgers Inc. The Oregon-based fund Hood River Capital Management Llc looks positive on Red Robin Gourmet Burgers Inc, having 259,462 shares.

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises casual-dining and fast-casual restaurants in the United States and Canada.The firm is valued at $449.42 million. As of September 6, 2017, it operated approximately 550 Red Robin restaurants.32.32 is the P/E ratio.

RRGB touched $34.58 during the last trading session after $0.32 change.Currently Red Robin Gourmet Burgers, Inc. is downtrending after 36.81% change in last November 10, 2017. RRGB has also 169,242 shares volume. RRGB underperformed the S&P500 by 52.43%.

Mason Street Advisors Lc holds 0% or 3,750 shs. Gsa Capital Prns Llp holds 18,097 shs. State Board Of Administration Of Florida Retirement reported 0% of its capital in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Whittier Of Nevada invested in 0% or 185 shs. Citadel Advisors Lc reported 428,173 shs stake. Connor Clark & Lunn Management Limited owns 54,642 shs. Sei Company holds 0% or 20,154 shs in its capital. Glenmede Tru Na accumulated 0% or 97 shs. Rothschild Asset Management holds 47,632 shs. Neuberger Berman Grp Inc Ltd Limited Liability Company has invested 0.01% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Advsr Asset Mngmt has invested 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). California State Teachers Retirement holds 19,878 shs or 0% of its capital. Bridgeway Cap Mngmt Inc owns 69,500 shs. Mackay Shields Ltd reported 88,500 shs. 333,635 are held by Wellington Management Gru Ltd Liability Partnership.

Red Robin Gourmet Burgers, Inc. had 0 selling transactions and 1 insider purchase since May 25, 2018. This’s net activity of $247,575.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) Ratings Coverage

In total 9 badysts cover Red Robin Gourmet Burgers (NASDAQ:RRGB). “Buy” rating has 2, “Sell” are 0, while 7 are “Hold”. 22% are bullish. 15 are the (NASDAQ:RRGB)’s badyst reports since May 16, 2018 according to StockzIntelligence Inc. In Thursday, August 2 report Bank of America maintained it with “Buy” rating and $54 target. On Wednesday, May 23 the firm has “Hold” rating by BTIG Research given. On Wednesday, May 23 Canaccord Genuity maintained Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) with “Buy” rating. On Wednesday, May 16 the firm has “Buy” rating given by Maxim Group. On Wednesday, May 23 Stifel Nicolaus downgraded Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) rating. Stifel Nicolaus has “Hold” rating and $55 target. In Thursday, August 2 report Stifel Nicolaus maintained the stock with “Hold” rating. In Thursday, August 2 report Canaccord Genuity downgraded the stock to “Hold” rating. On Thursday, August 2 the rating was maintained by Maxim Group with “Buy”. On Friday, August 3 Morgan Stanley maintained Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) rating. Morgan Stanley has “Equal-Weight” rating and $47 target. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, October 18.

For more Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) news posted briefly go to: Nasdaq.com, Benzinga.com, Benzinga.com, Nasdaq.com or Benzinga.com. The titles are as follows: “New Research Coverage Highlights American Public Education, Protagonist Therapeutics, TravelCenters of America …” posted on November 09, 2018, “Q3 Earnings Preview For Red Robin Gourmet Burgers” on November 06, 2018, “36 Stocks Moving In Wednesday’s Pre-Market Session” with a publish date: November 07, 2018, “New Research Coverage Highlights Enbridge Energy Partners, GCP Applied Technologies, Gulfport Energy, Red …” and the last “10 Stocks Moving In Tuesday’s After-Hours Session” with publication date: November 06, 2018.