Bard Associates Inc. Has $1.48 Million Stock Holdings in GEN Restaurant Group, Inc. (NASDAQ:GENK)

Bard Associates Inc. raised its stake in shares of GEN Restaurant Group, Inc. (NASDAQ:GENK) by 1.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,676 shares of the company’s stock after purchasing an additional 2,956 shares during the quarter. Bard Associates Inc. owned 0.54% of GEN Restaurant Group worth $1,483,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in GEN Restaurant Group by 487.8% in the 1st quarter. Vanguard Group Inc. now owns 164,574 shares of the company’s stock valued at $1,922,000 after buying an additional 136,578 shares in the last quarter. Herr Investment Group LLC acquired a new stake in shares of GEN Restaurant Group in the 2nd quarter valued at $738,000. Resolute Capital Asset Partners LLC grew its holdings in shares of GEN Restaurant Group by 645.2% in the 2nd quarter. Resolute Capital Asset Partners LLC now owns 74,520 shares of the company’s stock worth $675,000 after purchasing an additional 64,520 shares during the last quarter. Skylands Capital LLC increased its position in shares of GEN Restaurant Group by 19.6% during the 2nd quarter. Skylands Capital LLC now owns 176,360 shares of the company’s stock worth $1,598,000 after purchasing an additional 28,960 shares in the last quarter. Finally, SkyView Investment Advisors LLC acquired a new stake in shares of GEN Restaurant Group during the 2nd quarter worth about $154,000. 10.22% of the stock is currently owned by institutional investors.

GEN Restaurant Group Stock Performance

GEN Restaurant Group stock opened at $8.25 on Friday. The stock has a market capitalization of $270.19 million, a price-to-earnings ratio of 48.53 and a beta of 2.12. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.10. The stock has a 50-day simple moving average of $8.51 and a 200 day simple moving average of $9.21. GEN Restaurant Group, Inc. has a 12-month low of $5.61 and a 12-month high of $14.46.

GEN Restaurant Group (NASDAQ:GENK) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. GEN Restaurant Group had a return on equity of 1.90% and a net margin of 0.39%. The company had revenue of $49.11 million for the quarter, compared to the consensus estimate of $49.90 million. During the same quarter last year, the business posted $0.08 EPS. On average, research analysts anticipate that GEN Restaurant Group, Inc. will post 0.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Roth Mkm decreased their price objective on shares of GEN Restaurant Group from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st.

GEN Restaurant Group Company Profile

GEN Restaurant Group, Inc operates restaurants in California, Arizona, Hawaii, Nevada, Texas, New York, and Florida. It offers meats, poultry, and seafood. The company was founded in 2011 and is based in Cerritos, California.