Segall Bryant & Hamill LLC Sells 2,290 Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS)

Segall Bryant & Hamill LLC trimmed its position in Kura Sushi USA, Inc. (NASDAQ:KRUS) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,957 shares of the company’s stock after selling 2,290 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.50% of Kura Sushi USA worth $4,508,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of KRUS. Castleark Management LLC bought a new position in Kura Sushi USA in the 1st quarter valued at $3,326,000. Lazard Asset Management LLC boosted its stake in Kura Sushi USA by 144.0% during the first quarter. Lazard Asset Management LLC now owns 62,031 shares of the company’s stock valued at $7,143,000 after buying an additional 36,609 shares during the period. Rheos Capital Works Inc. boosted its stake in Kura Sushi USA by 6.3% during the third quarter. Rheos Capital Works Inc. now owns 204,000 shares of the company’s stock valued at $16,434,000 after buying an additional 12,000 shares during the period. Virtu Financial LLC purchased a new position in Kura Sushi USA during the first quarter worth about $370,000. Finally, Sequoia Financial Advisors LLC bought a new position in Kura Sushi USA in the 2nd quarter worth about $412,000. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Analyst Upgrades and Downgrades

KRUS has been the subject of several research analyst reports. Barclays lifted their target price on shares of Kura Sushi USA from $70.00 to $90.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. Piper Sandler lifted their price objective on shares of Kura Sushi USA from $63.00 to $98.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Northcoast Research initiated coverage on Kura Sushi USA in a research note on Tuesday, September 10th. They issued a “buy” rating and a $79.00 target price on the stock. Finally, Craig Hallum raised their price target on Kura Sushi USA from $85.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Kura Sushi USA has an average rating of “Moderate Buy” and a consensus target price of $84.88.

Kura Sushi USA Price Performance

Shares of KRUS stock opened at $103.69 on Friday. The business has a 50-day moving average of $88.57 and a 200 day moving average of $79.21. Kura Sushi USA, Inc. has a 1-year low of $48.66 and a 1-year high of $122.81. The stock has a market capitalization of $1.24 billion, a PE ratio of -132.94 and a beta of 1.86.

Kura Sushi USA Company Profile