Fiesta Restaurant Group Inc (NASDAQ:FRGI) Stock Price Down as Sentiment Falls

May 18, 2018 - By Winifred Garcia

Sentiment for Fiesta Restaurant Group Inc (NASDAQ:FRGI)

Fiesta Restaurant Group Inc (NASDAQ:FRGI) institutional sentiment decreased to 1.02 in Q4 2017. Its down -0.37, from 1.39 in 2017Q3. The ratio fall, as 49 institutional investors started new and increased equity positions, while 48 sold and decreased equity positions in Fiesta Restaurant Group Inc. The institutional investors in our partner’s database now hold: 26.50 million shares, down from 26.84 million shares in 2017Q3. Also, the number of institutional investors holding Fiesta Restaurant Group Inc in their top 10 equity positions was flat from 4 to 4 for the same number . Sold All: 12 Reduced: 36 Increased: 32 New Position: 17.

Fiesta Restaurant Group, Inc., through its subsidiaries, owns, operates, and franchises fast-casual restaurants. The company has market cap of $660.73 million. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brand names. It currently has negative earnings. The companyÂ’s Pollo Tropical restaurants offer various Caribbean inspired food, and Taco Cabana restaurants offer a selection of Mexican food.

It closed at $24.55 lastly. It is down 20.79% since May 18, 2017 and is downtrending. It has underperformed by 32.34% the S&P500.

Analysts await Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) to report earnings on August, 6. They expect $0.23 EPS, down 23.33 % or $0.07 from last year’s $0.3 per share. FRGI’s profit will be $6.19 million for 26.68 P/E if the $0.23 EPS becomes a reality. After $0.16 actual EPS reported by Fiesta Restaurant Group, Inc. for the previous quarter, Wall Street now forecasts 43.75 % EPS growth.

Birch Run Capital Advisors Lp holds 4.45% of its portfolio in Fiesta Restaurant Group, Inc. for 648,000 shares. Bandera Partners Llc owns 281,932 shares or 4.41% of their US portfolio. Moreover, Leucadia National Corp has 3.61% invested in the company for 2.48 million shares. The Florida-based Private Capital Management Llc has invested 3.45% in the stock. Newtyn Management Llc, a New York-based fund reported 700,000 shares.

Since January 1, 0001, it had 3 insider purchases, and 5 insider sales for $6.46 million activity.

Another recent and important Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) news was published by which published an article titled: “Why Fiesta Restaurant Group Inc. Stock Surged Today” on May 08, 2018.

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Institutional Positions Chart

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