Fiesta Restaurant Group Inc (NASDAQ:FRGI) major shareholder Jefferies Financial Group Inc. purchased 18,917 shares of Fiesta Restaurant Group stock in a transaction on Wednesday, May 22nd. The shares were acquired at an average cost of $13.96 per share, with a total value of $264,081.32. Following the completion of the transaction, the insider now directly owns 4,427,886 shares in the company, valued at approximately $61,813,288.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Jefferies Financial Group Inc. also recently made the following trade(s):

  • On Monday, May 20th, Jefferies Financial Group Inc. purchased 3,817 shares of Fiesta Restaurant Group stock. The shares were acquired at an average cost of $13.90 per share, with a total value of $53,056.30.
  • On Wednesday, May 15th, Jefferies Financial Group Inc. purchased 148,948 shares of Fiesta Restaurant Group stock. The shares were acquired at an average cost of $13.96 per share, with a total value of $2,079,314.08.
  • On Friday, May 17th, Jefferies Financial Group Inc. purchased 252,295 shares of Fiesta Restaurant Group stock. The shares were acquired at an average cost of $13.96 per share, with a total value of $3,522,038.20.
  • On Monday, May 13th, Jefferies Financial Group Inc. purchased 138,571 shares of Fiesta Restaurant Group stock. The shares were acquired at an average cost of $13.56 per share, with a total value of $1,879,022.76.
  • On Thursday, May 9th, Jefferies Financial Group Inc. purchased 167,809 shares of Fiesta Restaurant Group stock. The shares were acquired at an average cost of $13.03 per share, with a total value of $2,186,551.27.

Shares of NASDAQ:FRGI traded down $0.49 during trading on Thursday, hitting $13.60. 8,698 shares of the stock traded hands, compared to its average volume of 324,863. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.81 and a quick ratio of 0.76. The firm has a market cap of $389.82 million, a price-to-earnings ratio of 22.68 and a beta of 0.21. Fiesta Restaurant Group Inc has a 52-week low of $12.27 and a 52-week high of $30.88.

Fiesta Restaurant Group (NASDAQ:FRGI) last posted its earnings results on Monday, May 6th. The restaurant operator reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). The firm had revenue of $165.85 million for the quarter, compared to analysts’ expectations of $163.15 million. Fiesta Restaurant Group had a net margin of 0.86% and a return on equity of 6.55%. Fiesta Restaurant Group’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last year, the firm earned $0.16 earnings per share. On average, sell-side analysts anticipate that Fiesta Restaurant Group Inc will post 0.65 earnings per share for the current fiscal year.

A number of equities analysts have issued reports on FRGI shares. Zacks Investment Research raised shares of Fiesta Restaurant Group from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Tuesday, April 30th. TheStreet lowered shares of Fiesta Restaurant Group from a “c-” rating to a “d” rating in a report on Monday, February 25th. ValuEngine raised shares of Fiesta Restaurant Group from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, Stephens cut their target price on shares of Fiesta Restaurant Group from $32.00 to $25.00 and set an “overweight” rating for the company in a report on Tuesday, February 26th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Fiesta Restaurant Group presently has an average rating of “Hold” and a consensus target price of $22.67.

Several large investors have recently bought and sold shares of the company. Jefferies Financial Group Inc. increased its holdings in shares of Fiesta Restaurant Group by 15.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 3,786,621 shares of the restaurant operator’s stock valued at $56,269,000 after purchasing an additional 516,043 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Fiesta Restaurant Group by 1.4% during the 1st quarter. BlackRock Inc. now owns 3,495,639 shares of the restaurant operator’s stock valued at $45,828,000 after purchasing an additional 46,601 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Fiesta Restaurant Group by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,609,561 shares of the restaurant operator’s stock valued at $21,101,000 after purchasing an additional 5,942 shares in the last quarter. Private Capital Management LLC increased its holdings in shares of Fiesta Restaurant Group by 8.0% during the 1st quarter. Private Capital Management LLC now owns 991,474 shares of the restaurant operator’s stock valued at $12,998,000 after purchasing an additional 73,851 shares in the last quarter. Finally, Thomson Horstmann & Bryant Inc. increased its holdings in shares of Fiesta Restaurant Group by 7.2% during the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 492,211 shares of the restaurant operator’s stock valued at $7,634,000 after purchasing an additional 32,907 shares in the last quarter. 95.00% of the stock is owned by hedge funds and other institutional investors.

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About Fiesta Restaurant Group

Fiesta Restaurant Group, Inc, through its subsidiaries, owns, operates, and franchises fast-casual restaurants. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brands. The company's Pollo Tropical restaurants offer fire-grilled and citrus marinated chicken, and other freshly prepared tropical inspired menu items; and Taco Cabana restaurants that provide Mexican inspired food made fresh by hand.

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Insider Buying and Selling by Quarter for Fiesta Restaurant Group (NASDAQ:FRGI)

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