Are Analysts Bullish about The Cheesecake Factory Incorporated (NASDAQ:CAKE) after last week?

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Logo
Investors sentiment decreased to 0.92 in 2019 Q2. Its down 0.31, from 1.23 in 2019Q1. It turned negative, as 22 investors sold The Cheesecake Factory Incorporated shares while 85 reduced holdings. 29 funds opened positions while 69 raised stakes. 44.31 million shares or 1.81% less from 45.13 million shares in 2019Q1 were reported.
Gemmer Asset Mgmt Ltd holds 118 shares. Kayne Anderson Rudnick Inv Ltd Company has invested 0.63% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Credit Suisse Ag reported 53,816 shares. Barnett holds 0% or 15 shares in its portfolio. Rhumbline Advisers holds 153,919 shares or 0.01% of its portfolio. Arizona State Retirement Systems accumulated 0.02% or 30,187 shares. Gabelli Funds Ltd Llc holds 0.12% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE) for 439,000 shares. Cs Mckee Limited Partnership owns 21,600 shares for 0.08% of their portfolio. Bbt Capital Mngmt Limited Liability Com accumulated 19,663 shares or 1.01% of the stock. Citadel Limited Liability Corp has 185,957 shares for 0% of their portfolio. Spark Inv Ltd Company owns 100,500 shares. The Connecticut-based Verition Fund Mngmt Limited has invested 0.02% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Point72 Asset Management Lp accumulated 349,309 shares. Sg Americas Limited Liability invested in 0% or 12,883 shares. Bb&T Corporation stated it has 26,800 shares or 0.02% of all its holdings.

Since May 6, 2019, it had 3 insider buys, and 0 insider sales for $203,685 activity. 750 shares were bought by Ames Edie A, worth $31,635.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Ratings Coverage

Among 5 analysts covering The Cheesecake Factory (NASDAQ:CAKE), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. The Cheesecake Factory has $5300 highest and $4200 lowest target. $45.83’s average target is 7.63% above currents $42.58 stock price. The Cheesecake Factory had 12 analyst reports since March 22, 2019 according to SRatingsIntel. The stock of The Cheesecake Factory Incorporated (NASDAQ:CAKE) earned “Neutral” rating by Wedbush on Thursday, August 1. Barclays Capital maintained it with “Underweight” rating and $4200 target in Thursday, May 2 report. As per Thursday, May 2, the company rating was maintained by Wedbush. JP Morgan maintained the stock with “Neutral” rating in Friday, June 28 report. The rating was maintained by Wells Fargo with “Market Perform” on Thursday, August 1. Raymond James maintained The Cheesecake Factory Incorporated (NASDAQ:CAKE) rating on Monday, July 15. Raymond James has “Outperform” rating and $5300 target. Below is a list of The Cheesecake Factory Incorporated (NASDAQ:CAKE) latest ratings and price target changes.

06/09/2019 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Upgrade
01/08/2019 Broker: Wedbush Rating: Neutral Old Target: $45.0000 New Target: $43.0000 Maintain
01/08/2019 Broker: Wells Fargo Rating: Market Perform Old Target: $47.0000 New Target: $46.0000 Maintain
15/07/2019 Broker: Raymond James Rating: Outperform Old Target: $56.0000 New Target: $53.0000 Maintain
28/06/2019 Broker: JP Morgan Rating: Neutral Old Target: $52.0000 New Target: $45.0000 Maintain
28/06/2019 Broker: Deutsche Bank Rating: Hold New Target: $46.0000 Initiates Coverage On
02/05/2019 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $40.0000 New Target: $42.0000 Maintain
02/05/2019 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $48.0000 New Target: $50.0000 Maintain
26/04/2019 Broker: UBS Rating: Neutral Initiates Coverage On
24/04/2019 Broker: BidaskScore Rating: Hold Upgrade

The stock increased 1.00% or $0.42 during the last trading session, reaching $42.58. About 640,399 shares traded. The Cheesecake Factory Incorporated (NASDAQ:CAKE) has declined 24.69% since September 13, 2018 and is downtrending. It has underperformed by 24.69% the S&P500.

The Cheesecake Factory Incorporated operates restaurants primarily in the United States. The company has market cap of $1.85 billion. The firm also produces cheesecakes and other baked products for foodservice operators, retailers, and distributors. It has a 18.09 P/E ratio. As of March 2, 2017, it operated 208 casual dining restaurants, including 194 under The Cheesecake Factory mark, 13 under the Grand Lux Cafe mark, and 1 currently under the Rock Sugar Pan Asian Kitchen mark; and 15 The Cheesecake Factory branded restaurants in the Middle East, China, and Mexico under licensing agreements.

More notable recent The Cheesecake Factory Incorporated (NASDAQ:CAKE) news were published by: Finance.Yahoo.com which released: “CAKE or TXRH: Which Is the Better Value Stock Right Now? – Yahoo Finance” on July 11, 2019, also Nasdaq.com with their article: “U.S. STOCKS ON THE MOVE-Facebook, Beyond Meat, Lululemon, Mallinckrodt, Kellogg – Nasdaq” published on September 06, 2019, Nasdaq.com published: “CAKE vs. TXRH: Which Stock Is the Better Value Option? – Nasdaq” on June 19, 2019. More interesting news about The Cheesecake Factory Incorporated (NASDAQ:CAKE) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For September 6, 2019 – Benzinga” published on September 06, 2019 as well as Seekingalpha.com‘s news article titled: “Restaurant spending trends higher – Seeking Alpha” with publication date: August 19, 2019.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Institutional Positions Chart

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