Alps Advisors Has Increased Netflix (NFLX) Position; Ruths Hospitality Group (RUTH) Has 1.06 Sentiment

March 23, 2018 - By Maria Brooks

RuthÂ’s Hospitality Group, Inc., together with its subsidiaries, develops, operates, and franchises fine dining restaurants. The company has market cap of $720.52 million. The Company’s restaurants offer food and beverage products to special occasion diners and frequent customers, as well as business clientele. It has a 24.87 P/E ratio. The firm operates restaurants under the RuthÂ’s Chris Steak House trade name.

Alps Advisors Inc increased Netflix Inc (NFLX) stake by 96.86% reported in 2017Q3 SEC filing. Alps Advisors Inc acquired 1,698 shares as Netflix Inc (NFLX)’s stock rose 10.41%. The Alps Advisors Inc holds 3,451 shares with $626,000 value, up from 1,753 last quarter. Netflix Inc now has $132.83 billion valuation. The stock decreased 0.19% or $0.5972 during the last trading session, reaching $306.1028. About 3.99M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since March 23, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Since October 2, 2017, it had 0 insider buys, and 39 selling transactions for $157.72 million activity. On Monday, October 16 FRIEDLAND JONATHAN sold $735,522 worth of Netflix, Inc. (NASDAQ:NFLX) or 3,617 shares. Shares for $174,286 were sold by KILGORE LESLIE J. Shares for $3.13M were sold by Peters Gregory K on Tuesday, March 6. On Tuesday, February 20 the insider HASTINGS REED sold $18.02M. 63,378 shares valued at $12.61M were sold by HYMAN DAVID A on Monday, October 30. Another trade for 1,000 shares valued at $187,940 was made by WELLS DAVID B on Monday, December 11. BATTLE A GEORGE also sold $2.77 million worth of Netflix, Inc. (NASDAQ:NFLX) shares.

Investors sentiment increased to 1.31 in 2017 Q3. Its up 0.19, from 1.12 in 2017Q2. It increased, as 56 investors sold NFLX shares while 255 reduced holdings. 115 funds opened positions while 233 raised stakes. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. Lmr Partners Llp invested 0.1% in Netflix, Inc. (NASDAQ:NFLX). Signaturefd Llc reported 1,384 shares stake. Apriem Advsr invested in 1,664 shares or 0.08% of the stock. Lord Abbett & Co Ltd Llc owns 380,763 shares. Torch Wealth Ltd Liability Com accumulated 3,780 shares. Los Angeles Cap Management & Equity invested in 331,519 shares or 0.35% of the stock. Da Davidson And reported 5,434 shares stake. Highland Capital Mgmt Limited Company invested in 6,964 shares. Oregon Employees Retirement Fund stated it has 0.13% in Netflix, Inc. (NASDAQ:NFLX). Mariner Wealth Advsrs Limited Company invested in 1,391 shares. Washington Natl Bank has invested 0.01% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Bank Of New York Mellon reported 0.18% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Pub Sector Pension Board, Quebec – Canada-based fund reported 47,877 shares. 6,925 were reported by Wetherby Asset Management Incorporated. Carret Asset Mngmt Lc stated it has 0.33% of its portfolio in Netflix, Inc. (NASDAQ:NFLX).

Alps Advisors Inc decreased Facebook Inc (NASDAQ:FB) stake by 2,250 shares to 11,589 valued at $1.98M in 2017Q3. It also reduced Garmin Ltd (NASDAQ:GRMN) stake by 33,946 shares and now owns 871,415 shares. Prologis Inc (NYSE:PLD) was reduced too.

Among 56 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 15 Hold. Therefore 70% are positive. Netflix had 232 analyst reports since August 4, 2015 according to SRatingsIntel. As per Tuesday, September 1, the company rating was maintained by Bank of America. Raymond James maintained Netflix, Inc. (NASDAQ:NFLX) on Friday, August 14 with “Outperform” rating. Guggenheim maintained it with “Buy” rating and $285.0 target in Tuesday, January 23 report. On Friday, June 23 the stock rating was maintained by Raymond James with “Buy”. As per Friday, March 9, the company rating was maintained by Piper Jaffray. As per Monday, October 9, the company rating was maintained by Loop Capital. The stock has “Outperform” rating by Macquarie Research on Tuesday, January 2. The company was maintained on Tuesday, October 18 by Wedbush. UBS maintained it with “Buy” rating and $19000 target in Wednesday, August 9 report. The firm earned “Buy” rating on Tuesday, July 18 by Pivotal Research.

Analysts await Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) to report earnings on May, 4. They expect $0.43 EPS, up 22.86% or $0.08 from last year’s $0.35 per share. RUTH’s profit will be $12.75M for 14.13 P/E if the $0.43 EPS becomes a reality. After $0.44 actual EPS reported by Ruth's Hospitality Group, Inc. for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth.

Hancock Holding Co holds 0.57% of its portfolio in Ruth's Hospitality Group, Inc. for 646,240 shares. Globeflex Capital L P owns 75,765 shares or 0.45% of their US portfolio. Moreover, Prospector Partners Llc has 0.32% invested in the company for 100,400 shares. The Missouri-based Piermont Capital Management Inc. has invested 0.13% in the stock. Foundry Partners Llc, a Minnesota-based fund reported 149,340 shares.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $584,953 activity.

The stock increased 0.41% or $0.1 during the last trading session, reaching $24.3. About 80,154 shares traded. Ruth's Hospitality Group, Inc. (RUTH) has risen 30.20% since March 23, 2017 and is uptrending. It has outperformed by 13.50% the S&P500.

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