This Weeks Target Prices For Fiesta Restaurant Group, Inc. (NASDAQ:FRGI)

Marco Green
June 11, 2017

Dimensional Fund Advisors LP now owns 945,209 shares of the restaurant operator's stock valued at $28,215,000 after buying an additional 37,495 shares during the last quarter. (Fiesta), launched on April 27, 2011, owns, operates and franchises two fast-casual restaurant brands, Pollo Tropical and Taco Cabana through its subsidiaries Pollo Operations, Inc., and its subsidiaries, and Pollo Franchise, Inc., (collectively Pollo Tropical) and Taco Cabana, Inc. and its subsidiaries (collectively Taco Cabana). The stock rose 0.72% or $0.15 reaching $21.05. About 241,455 shares traded. Macquarie Group Ltd. raised its position in Fiesta Restaurant Group by 7.5% in the fourth quarter. The stock has "Hold" rating by Standpoint Research on Tuesday, November 15. The stock now has an average rating of "Hold" and a consensus target price of $27.57. The rating was initiated by Wunderlich with "Hold" on Friday, January 29. On Monday, October 5 the stock rating was upgraded by Sidoti to "Buy".

Among 7 analysts covering Fiesta Restaurant Group Inc (NASDAQ:FRGI), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Fiesta Restaurant Group Inc has a 52 week low of $19.40 and a 52 week high of $30.65. Wedbush maintained the shares of FRGI in report on Tuesday, March 7 with "Outperform" rating.

Fiesta Restaurant Group, Inc. was downgraded to "equal-weight" by analysts at Stephens. Wedbush maintained the stock with "Outperform" rating in Tuesday, March 7 report. On May 10 the stock rating was downgraded from " to "Outperform" with a current price target of $37.50 in a statement from Sterne Agee CRT. Fiesta Restaurant Group Inc had 11 analyst reports since November 19, 2015 according to SRatingsIntel. The stock has "Hold" rating by TheStreet on Thursday, August 20. The stock of Fiesta Restaurant Group Inc (NASDAQ:FRGI) earned "Hold" rating by Jefferies on Tuesday, July 26. Canaccord Genuity added FRGI to its research portfolio by announcing an initial rating of "Hold".

Investors sentiment decreased to 1.03 in Q4 2016. It dropped, as 21 investors sold FRGI shares while 43 reduced holdings. (NASDAQ:FRGI) last session's volume of 0.59 million shares was higher than its average volume of 0.46 million shares. Northern Trust reported 0% of its portfolio in Fiesta Restaurant Group Inc (NASDAQ:FRGI). 34,458 are owned by Great West Life Assurance Com Can. Sei Investments Co. boosted its position in shares of Fiesta Restaurant Group by 45.5% in the third quarter.

Turning to Callon Petroleum Company (NYSE:CPE), its shares were trading at $10.34 a retreat of $-0.44, on the trading floor. Parametric Portfolio Associate Ltd owns 334,831 shares. Texas Permanent School Fund accumulated 19,508 shares. American Group has invested 0% in Fiesta Restaurant Group Inc (NASDAQ:FRGI). New Jersey-based Blackrock Inv Mngmt Limited Liability Company has invested 0% in FTD Companies Inc (NASDAQ:FTD). Swiss Bancorp reported 0% in Fiesta Restaurant Group Inc (NASDAQ:FRGI). Quantitative Invest Mgmt Limited Liability has 48,400 shares for 0.04% of their portfolio. Fiesta Restaurant Group, Inc.is headquartered in Miami, Florida.

Wasatch Advisors Inc increased Zoe's Kitchen Inc. Wasatch Advsrs owns 3.19 million shares or 1.44% of their USA portfolio. It also upped Pra Group Inc. The shares were bought on March 14th for an average price of $21.60.

Fiesta Restaurant Group (NASDAQ:FRGI) last posted its quarterly earnings results on Monday, May 8th. The stock, after opening at $20.85, hit $21.4 through the close by scoring 2.39%. The insider SMITH JACK A bought $43,381. Also, Director Brian P. Friedman purchased 125,000 shares of the company's stock in a transaction on Monday, March 6th.

Since March 10, 2017, it had 1 buying transaction, and 0 insider sales for $706,143 activity. Its down 0.64, from 1.67 in 2016Q3. It fall, as 12 investors sold Medifast Inc shares while 53 reduced holdings. 19 funds opened positions while 36 raised stakes. 950 were reported by Blackrock. Bnp Paribas Arbitrage stated it has 0% in FTD Companies Inc (NASDAQ:FTD). Prudential Finance reported 0.01% of its portfolio in FTD Companies Inc (NASDAQ:FTD). Pnc Fin Svcs Group has 601 shares. 23,477 were reported by Addison Clark Limited Co. Prudential owns 82,134 shares. Susquehanna Grp Incorporated Llp holds 118,717 shares. Wells Fargo And Mn holds 83,975 shares.

On August 29 the company was rated "Neutral" according to a PiperJaffray report which is down from the previous " rating. It is down 2.73% since June 9, 2016 and is downtrending.

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