Kura Sushi USA, Inc. (NASDAQ:KRUS) Stock Holdings Boosted by Royce & Associates LP

Royce & Associates LP lifted its position in Kura Sushi USA, Inc. (NASDAQ:KRUS) by 12.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,000 shares of the company’s stock after buying an additional 4,000 shares during the period. Royce & Associates LP owned approximately 0.33% of Kura Sushi USA worth $2,981,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Comerica Bank raised its position in Kura Sushi USA by 58.6% in the first quarter. Comerica Bank now owns 268 shares of the company’s stock worth $31,000 after acquiring an additional 99 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Kura Sushi USA by 7.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,278 shares of the company’s stock worth $378,000 after buying an additional 232 shares in the last quarter. Rhumbline Advisers grew its position in Kura Sushi USA by 4.5% in the second quarter. Rhumbline Advisers now owns 8,172 shares of the company’s stock worth $516,000 after buying an additional 350 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Kura Sushi USA in the first quarter valued at $370,000. Finally, Versor Investments LP bought a new stake in shares of Kura Sushi USA during the 2nd quarter worth $233,000. Institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Stock Performance

KRUS stock opened at $84.47 on Tuesday. The firm has a 50 day simple moving average of $86.83 and a 200 day simple moving average of $79.18. Kura Sushi USA, Inc. has a 52 week low of $48.66 and a 52 week high of $122.81. The stock has a market cap of $949.87 million, a P/E ratio of -108.29 and a beta of 1.86.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Craig Hallum boosted their target price on Kura Sushi USA from $85.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Barclays upped their price objective on shares of Kura Sushi USA from $70.00 to $90.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. Northcoast Research started coverage on shares of Kura Sushi USA in a research report on Tuesday, September 10th. They issued a “buy” rating and a $79.00 target price on the stock. Finally, Piper Sandler upped their price target on shares of Kura Sushi USA from $63.00 to $98.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $84.88.

Kura Sushi USA Profile