The stock increased 13.88% or $0.29 during the last trading session, reaching $2.38. Kayne Anderson Rudnick Inv Mngmt Ltd Liability has 2.55M shs for 1% of their capital.
Shares of Cheesecake Factory rose as much as 2 percent to $52.84 on Wednesday. The Susquehanna International Group Llp holds 328,700 shares with $15.84M value, up from 165,300 last quarter.
The Cheesecake Factory (NASDAQ:CAKE) last released its quarterly earnings data on Wednesday, April 25th. The stock has been active on the tape, now trading at $51.92, down from yesterday's close by -3.06%. About 403,502 shares traded.
The Cheesecake Factory Incorporated operates restaurants primarily in the United States.The company has $2.28 billion market cap. It has underperformed by 32.28% the S&P500. Also, VP Debby R. Zurzolo sold 936 shares of the business's stock in a transaction on Thursday, May 10th. The insider Ames Edie A bought 200 shs worth $10,488. OVERTON DAVID sold 93,300 shares worth $4.84 million. "Buy" rating has 1, "Sell" are 0, while 9 are "Hold". Therefore 21% are positive.
Several other equities analysts also recently issued reports on the stock. The rating was upgraded by BTIG Research on Tuesday, October 27 to "Buy". The firm earned "Buy" rating on Tuesday, September 12 by Maxim Group. The company has an average rating of "Hold" and a consensus target price of $49.44. The company rating was maintained by Stephens on Thursday, February 22. Canaccord Genuity now has a $57.00 target price on the restaurant operator's stock. Finally, Barclays restated an "equal weight" rating and issued a $47.00 price objective (up from $43.00) on shares of The Cheesecake Factory in a research note on Tuesday, January 16th. Lumber Liquidators Hldgs Inc (Put) (NYSE:LL) was reduced too. The Cheesecake Factory has a 1-year low of $52.01 and a 1-year high of $52.82.
During 2017 Q4 the big money sentiment decreased to 0.89. Its down 0.09, from 0.98 in 2017Q3. That suggests something of the likelihood of a short squeeze in shares of CAKE. On Thursday, February 22 the stock has "Neutral" rating by Bank of America. Oakworth stated it has 500 shares. The Cheesecake Factory's dividend payout ratio is now 44.62%. Symphony Asset Management Ltd Liability Corp accumulated 0.03% or 6,905 shs. Perhaps, that suggests something about why 0.49% of the outstanding share supply is held by institutional investors. Ladenburg Thalmann Financial Services Inc. increased its position in shares of The Cheesecake Factory by 328.5% during the fourth quarter. Disciplined Growth Invsts Mn accumulated 1.00 million shares.