Dividend Flows: Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) advises to “Mark your calendars” for Nov 23, 2016; dividends expected to reach $0.07.

Dividend Flows: Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) advises to

Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) is expected to pay $0.07 on Nov 23, 2016. The indicated annual dividend is $0.28. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Ruth’s Hospitality Group, Inc.’s current price of $15.55, the dividend is 0.45%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 28, 2016. The stock closed at $15.55 during the last session. It is down 13.03% since April 5, 2016 and is downtrending. It has underperformed by 14.99% the S&P500.

Ruth’s Hospitality Group, Inc. develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The company has a market cap of $495.86 million. The Firm operates through two divisions: the Company-owned steakhouse restaurant segment and the franchise activities segment. It has a 16.91 P/E ratio. The Company’s Ruth’s Chris restaurants cater to special occasion diners and frequent customers, in addition to the business clientele.

Insitutional Activity: The institutional sentiment decreased to 1.04 in 2016 Q2. Its down 0.15, from 1.19 in 2016Q1. The ratio fall, as 15 funds sold all Ruth’s Hospitality Group, Inc. shares owned while 58 reduced positions. 29 funds bought stakes while 47 increased positions. They now own 26.13 million shares or 5.38% less from 27.61 million shares in 2016Q1.
Ladenburg Thalmann Fincl Inc last reported 0% of its portfolio in the stock. Clarivest Asset Management, a California-based fund reported 22,325 shares. Ubs Asset Americas last reported 24,998 shares in the company. Blackrock Institutional Trust Co Na accumulated 0% or 749,932 shares. Picton Mahoney Asset Management holds 0% or 5,000 shares in its portfolio. Bluecrest Management Limited has 18,376 shares for 0.01% of their US portfolio. Tower Rech Cap Ltd (Trc) has 0% invested in the company for 3,211 shares. Savings Bank Of Montreal Can accumulated 0% or 975 shares. Evercore Wealth Limited Liability Company owns 289 shares or 0% of their US portfolio. Phocas Financial has invested 0.58% of its portfolio in Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH). Catalyst Capital Advisors Limited Liability Company last reported 24,000 shares in the company. Citadel Advisors has 40,797 shares for 0% of their US portfolio. Moreover, Gsa Cap Limited Liability Partnership has 0.05% invested in Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) for 60,395 shares. Royal Fincl Bank Of Canada has 4,127 shares for 0% of their US portfolio. Wedge Capital Mgmt L Ltd Partnership Nc reported 46,926 shares or 0% of all its holdings.

Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) Ratings Coverage

Out of 3 analysts covering Ruth’s Hospitality Group (NASDAQ:RUTH), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Ruth’s Hospitality Group has been the topic of 4 analyst reports since October 12, 2015 according to StockzIntelligence Inc. The stock has “Mkt Perform” rating given by Raymond James on Monday, October 12. The rating was upgraded by Raymond James to “Outperform” on Tuesday, October 18. Jefferies downgraded the shares of RUTH in a report on Tuesday, July 26 to “Hold” rating. Citigroup initiated it with “Neutral” rating and $19 target price in Wednesday, November 25 report.

More important recent Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) news were published by: Businesswire.com which released: “Ruth’s Hospitality Group, Inc. to Announce Third Quarter 2016 Financial …” on October 11, 2016, also Businesswire.com published article titled: “Cheryl Henry Named President and COO of Ruth’s Hospitality Group, Inc.”, Businesswire.com published: “Ruth’s Hospitality Group, Inc. to Announce Second Quarter 2016 Financial …” on July 12, 2016. More interesting news about Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) was released by: Businesswire.com and their article: “Ruth’s Hospitality Group, Inc. Reports First Quarter 2016 Financial Results” with publication date: April 28, 2016.

RUTH Company Profile

Ruth’s Hospitality Group, Inc., incorporated on May 11, 2005, develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Firm operates through two divisions: the Company-owned steakhouse restaurant segment and the franchise activities segment. The Company’s Ruth’s Chris restaurants cater to special occasion diners and frequent customers, in addition to the business clientele.

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