Today’s Stock Alert: Is Bravo Brio Restaurant Group, Inc. a Sell? The Stock Declines Again

Today's Stock Alert: Is Bravo Brio Restaurant Group, Inc. a Sell? The Stock Declines Again

The stock of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) is a huge mover today! About 141,496 shares traded hands or 63.87% up from the average. Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) has declined 51.12% since April 6, 2016 and is downtrending. It has underperformed by 53.08% the S&P500.
The move comes after 5 months negative chart setup for the $51.58M company. It was reported on Nov, 8 by Barchart.com. We have $3.05 PT which if reached, will make NASDAQ:BBRG worth $7.22 million less.

Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) Ratings Coverage

Out of 2 analysts covering Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Bravo Brio Restaurant Group Inc. has been the topic of 4 analyst reports since November 6, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Jefferies on Wednesday, February 24. The stock has “Neutral” rating given by Sidoti on Thursday, December 10. The stock of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) earned “Hold” rating by Jefferies on Thursday, August 4.

According to Zacks Investment Research, “Bravo Brio Restaurant Group, Inc. is an owner and operator of two distinct Italian restaurant brands, BRAVO! Cucina Italiana and BRIO Tuscan Grille. BRAVO! Cucina Italiana is a full-service, upscale Italian restaurant offering a menu of freshly prepared classic Italian food. BRAVO offers variety of pasta dishes, steaks, chicken, seafood and pizzas. It also offers seasonal specials, an extensive wine list, carry-out and catering. BRIO Tuscan Grille is an upscale Italian chophouse restaurant serving authentic northern Italian food in a Tuscan Villa atmosphere. The cuisine at BRIO includes steaks, chops, fresh seafood and made-to-order pastas. BRIO also offers creative seasonal specials, an extensive wine list, and carry-out and banquet facilities at select locations. It also operates one full-service upscale American-French bistro restaurant in Columbus, Ohio under the brand Bon Vie. Bravo Brio Restaurant Group is based in Columbus, Ohio.”

Insitutional Activity: The institutional sentiment decreased to 0.63 in Q2 2016. Its down 0.08, from 0.71 in 2016Q1. The ratio turned negative, as 17 funds sold all Bravo Brio Restaurant Group, Inc. shares owned while 34 reduced positions. 11 funds bought stakes while 21 increased positions. They now own 9.85 million shares or 18.69% less from 12.11 million shares in 2016Q1.
Moreover, Deutsche State Bank Ag has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 44,963 shares. Eagle Boston Investment Mngmt Incorporated last reported 0.56% of its portfolio in the stock. Dimensional Fund Advsr L P has 0% invested in the company for 535,662 shares. The Japan-based Daiwa Securities Grp has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Tower Rech Capital Ltd Liability (Trc) holds 0% of its portfolio in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 2,575 shares. Moreover, Renaissance Technologies Limited Company has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 113,649 shares. The New Jersey-based Blackrock Mngmt Lc has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Millennium Mgmt Lc last reported 64,910 shares in the company. Credit Suisse Ag last reported 55,192 shares in the company. Moreover, Blackrock Advsrs Ltd Com has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 81,378 shares. Strs Ohio has 0.01% invested in the company for 300,000 shares. Bnp Paribas Arbitrage owns 3 shares or 0% of their US portfolio. Wedge Capital Mngmt L Limited Partnership Nc last reported 144,140 shares in the company. Globeflex Cap Limited Partnership has 61 shares for 0% of their US portfolio. Rice Hall James And Associates Lc last reported 333,337 shares in the company.

Insider Transactions: Since June 9, 2016, the stock had 5 buys, and 1 insider sale for $1.61 million net activity. Siegler Jason D. also sold $8,000 worth of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) on Thursday, June 9. $38,595 worth of shares were bought by TAC Capital LLC on Tuesday, September 27. Another trade for 1,500 shares valued at $7,601 was bought by GULMI JAMES S.

More important recent Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) news were published by: Globenewswire.com which released: “Bravo Brio Restaurant Group, Inc. Reports Third Quarter Financial Results” on November 02, 2016, also Quotes.Wsj.com published article titled: “News Bravo Brio Restaurant Group Inc.BBRG”, Seekingalpha.com published: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q2 2016 Results …” on August 04, 2016. More interesting news about Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) was released by: Globenewswire.com and their article: “Bravo Brio Restaurant Group, Inc. to Announce Third Quarter 2016 Financial …” with publication date: October 13, 2016.

BBRG Company Profile

Bravo Brio Restaurant Group, Inc., incorporated on July 7, 1987, is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Firm operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement. The Firm has over 110 operating locations, owns approximately four locations, of which over 100 are located adjacent to or in lifestyle centers and shopping malls, and over 10 were free-standing units. The Company’s reward programs, called MyBRAVO Rewards and MyBRIO Rewards, are designed to reward guests for their continuous dining at its restaurants. The Company’s guests can download a MyBRAVO/MyBRIO! Rewards mobile application, register their cards at BRAVO! and BRIO locations or online at www.myBRAVOReward.com or www.myBRIOReward.com.

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