Brinker International, Inc. (NYSE:EAT) VP Joseph G. Taylor sold 1,000 shares of the stock in a transaction dated Wednesday, January 27th. The shares were sold at an average price of $50.12, for a total transaction of $50,120.00. Following the completion of the sale, the vice president now owns 992 shares of the company’s stock, valued at approximately $49,719.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Brinker International from a “sell” rating to a “hold” rating in a research note on Wednesday, November 4th. Citigroup Inc. increased their target price on shares of Brinker International from $54.00 to $57.00 in a research note on Wednesday. Maxim Group restated a “buy” rating and set a $56.00 price target on shares of Brinker International in a research note on Wednesday, January 20th. Goldman Sachs cut shares of Brinker International from a “buy” rating to a “neutral” rating and cut their price target for the stock from $59.00 to $51.00 in a research note on Thursday, November 19th. Finally, JPMorgan Chase & Co. cut their price target on shares of Brinker International from $59.00 to $58.00 and set an “overweight” rating for the company in a research note on Thursday, January 21st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $58.89.

Shares of Brinker International, Inc. (NYSE:EAT) traded down 1.45% during mid-day trading on Wednesday, hitting $49.06. 1,222,008 shares of the company were exchanged. Brinker International, Inc. has a 12-month low of $43.20 and a 12-month high of $63.40. The firm has a market capitalization of $2.90 billion and a P/E ratio of 14.92. The company’s 50-day moving average price is $47.15 and its 200-day moving average price is $50.60.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, January 20th. The company reported $0.78 EPS for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.03. The company earned $788.60 million during the quarter, compared to analyst estimates of $799.30 million. During the same quarter last year, the company posted $0.71 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. Equities research analysts predict that Brinker International, Inc. will post $3.57 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors recently made changes to their positions in EAT. Atria Investments raised its position in shares of Brinker International by 43.6% in the fourth quarter. Atria Investments now owns 7,543 shares of the company’s stock worth $349,000 after buying an additional 2,292 shares during the period. Creative Planning increased its stake in Brinker International by 61.2% in the fourth quarter. Creative Planning now owns 9,748 shares of the company’s stock worth $467,000 after buying an additional 3,700 shares in the last quarter. Oakbrook Investments LLC acquired a new stake in Brinker International during the fourth quarter worth about $283,000. KBC Group increased its stake in Brinker International by 9.7% in the third quarter. KBC Group now owns 71,422 shares of the company’s stock worth $3,762,000 after buying an additional 6,327 shares in the last quarter. Finally, Grassi Investment Management increased its stake in Brinker International by 17.8% in the fourth quarter. Grassi Investment Management now owns 65,000 shares of the company’s stock worth $3,117,000 after buying an additional 9,825 shares in the last quarter.

Brinker International, Inc. (NYSE:EAT) owns, develops, operates and franchises the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. At September 24, 2014, the Company owned, operated or franchised 1,622 restaurants in the United States and 29 countries and two territories outside of the United States. Chili’s operates in the Bar and Grill category of casual dining. The Company has operations around the world, with locations in 32 foreign countries and two United States territories. Maggiano’s is a full-service, casual dining Italian restaurant brand. Its Maggiano’s restaurants feature individual and family-style menus, and its restaurants also have banquet facilities designed to host party business or social events.

12 Month Chart for NYSE:EAT

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