Boston Trust Walden Corp Buys 8,374 Shares of Texas Roadhouse, Inc. (NASDAQ:TXRH)

Boston Trust Walden Corp grew its stake in shares of Texas Roadhouse, Inc. (NASDAQ:TXRH) by 3.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 222,519 shares of the restaurant operator’s stock after acquiring an additional 8,374 shares during the period. Boston Trust Walden Corp owned about 0.33% of Texas Roadhouse worth $40,149,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Creative Planning grew its holdings in Texas Roadhouse by 12.8% during the 2nd quarter. Creative Planning now owns 9,562 shares of the restaurant operator’s stock worth $1,642,000 after acquiring an additional 1,083 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Texas Roadhouse by 41.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 684 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 199 shares during the period. Cetera Investment Advisers lifted its holdings in Texas Roadhouse by 125.1% during the second quarter. Cetera Investment Advisers now owns 6,392 shares of the restaurant operator’s stock worth $1,098,000 after buying an additional 3,553 shares during the period. Sanctuary Advisors LLC bought a new stake in Texas Roadhouse during the 2nd quarter valued at $953,000. Finally, GAMMA Investing LLC increased its holdings in shares of Texas Roadhouse by 14.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,198 shares of the restaurant operator’s stock valued at $212,000 after acquiring an additional 149 shares during the period. Hedge funds and other institutional investors own 94.82% of the company’s stock.

Texas Roadhouse Stock Up 1.3 %

Shares of TXRH opened at $183.49 on Tuesday. The company has a market capitalization of $12.24 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 1.30 and a beta of 1.02. Texas Roadhouse, Inc. has a 52 week low of $126.93 and a 52 week high of $206.04. The stock’s 50-day moving average price is $186.02 and its 200-day moving average price is $179.71.

Texas Roadhouse Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th were paid a dividend of $0.61 per share. The ex-dividend date was Tuesday, December 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.33%. Texas Roadhouse’s payout ratio is 41.92%.

Wall Street Analyst Weigh In

TXRH has been the topic of a number of recent research reports. Wedbush reaffirmed an “outperform” rating and set a $200.00 price objective on shares of Texas Roadhouse in a research report on Thursday, December 19th. Robert W. Baird raised their target price on shares of Texas Roadhouse from $190.00 to $205.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $200.00 price target on shares of Texas Roadhouse in a research report on Thursday, January 16th. Morgan Stanley raised Texas Roadhouse from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $205.00 to $213.00 in a research report on Tuesday, January 21st. Finally, Evercore ISI upped their target price on Texas Roadhouse from $195.00 to $200.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Thirteen equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, Texas Roadhouse currently has an average rating of “Hold” and a consensus target price of $191.26.

Insider Activity

In related news, CTO Hernan E. Mujica sold 1,500 shares of Texas Roadhouse stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $202.26, for a total value of $303,390.00. Following the completion of the transaction, the chief technology officer now owns 16,342 shares in the company, valued at $3,305,332.92. The trade was a 8.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Donna E. Epps sold 610 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $195.66, for a total value of $119,352.60. Following the transaction, the director now owns 3,532 shares in the company, valued at $691,071.12. This represents a 14.73 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,480 shares of company stock valued at $668,603 in the last three months. 0.50% of the stock is currently owned by corporate insiders.

Texas Roadhouse Company Profile

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.