Cheesecake Factory Apologizes To Black Man Who Was Harassed In Restaurant

17 May, 2018, 09:34 | Author: Arnold Perez
  • Phillip Pessar  Flickr

The shares were sold at an average price of $51.93, for a total transaction of $4,845,069.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. On Thursday, February 22 the stock has "Neutral" rating by Bank of America. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.48 and a quick ratio of 0.42. TheStreet raised shares of The Cheesecake Factory from a c+ rating to a b rating in a research report on Friday, January 5th. The restaurant operator reported $0.56 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.68 by ($0.12). The business had revenue of $590.69 million for the quarter, compared to analyst estimates of $583.76 million.

Joseph also said he would "definitely not" return to The Cheesecake Factory again. During the same period previous year, the firm posted $0.72 EPS. The stock carved out a 52-week low down at $38.34.

The Cheesecake Factory published an official statement regarding the MAGA hat incident
The Cheesecake Factory Twitter

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 22nd. Amer Century Cos invested in 112,687 shares or 0.01% of the stock. Kayne Anderson Rudnick Inv Mngmt Ltd Liability has 2.55M shs for 1% of their capital. The ex-dividend date of this dividend is Wednesday, May 9th. The Cheesecake Factory's payout ratio is now 44.62%.

CAKE has been the topic of a number of recent research reports. The firm has "Market Perform" rating by Telsey Advisory Group given on Tuesday, September 29. Morgan Stanley reaffirmed an "equal weight" rating and issued a $49.00 target price (down previously from $50.00) on shares of The Cheesecake Factory in a report on Thursday, February 22nd. The firm also produces cheesecakes and other baked products for foodservice operators, retailers, and distributors.15.85 is the P/E ratio. The company presently has an average rating of "Hold" and an average target price of $49.44. Hedge funds and other institutional investors own 97.62% of the company's stock. Public Employees Retirement System of OH lifted its holdings in shares of The Cheesecake Factory by 8.7% in the 3rd quarter. Perennial Advisors LLC now owns 2,900 shares of the restaurant operator's stock valued at $140,000 after acquiring an additional 1,600 shares during the last quarter. BlackRock Inc. grew its holdings in The Cheesecake Factory by 0.8% in the 1st quarter. Public Employees Retirement System of OH now owns 74,481 shares of the restaurant operator's stock worth $3,137,000 after acquiring an additional 5,938 shares during the last quarter. On Monday, March 12 CAPPELLO ALEXANDER L bought $4,921 worth of The Cheesecake Factory Incorporated (NASDAQ:CAKE) or 100 shs. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in shares of The Cheesecake Factory during the fourth quarter valued at about $256,000. Finally, Elkfork Partners LLC purchased a new stake in The Cheesecake Factory during the fourth quarter worth about $267,000.

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