Ark Restaurants Corp Stock as Institutional Investors Enter

September 16, 2018 - By Catherine Diaz

Sentiment for Ark Restaurants Corp (NASDAQ:ARKR)

Ark Restaurants Corp (NASDAQ:ARKR) institutional sentiment increased to 5 in 2018 Q2. Its up 4.56, from 0.44 in 2018Q1. The ratio increased, as 10 hedge funds started new and increased equity positions, while 2 sold and reduced their positions in Ark Restaurants Corp. The hedge funds in our partner’s database now have: 1.74 million shares, up from 865,844 shares in 2018Q1. Also, the number of hedge funds holding Ark Restaurants Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 2 Increased: 5 New Position: 5.

Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. The company has market cap of $77.39 million. As of October 1, 2016, it owned and/or operated 21 restaurants and bars, including 6 facilities located in New York City; 2 in Washington, D.C.; 5 in Las Vegas, Nevada; 3 in Atlantic City, New Jersey; 1 at the Foxwoods Resort Casino in Ledyard, Connecticut; 1 in the Faneuil Hall Marketplace in Boston, Massachusetts; and 3 on the east coast of Florida, as well as had 19 fast food concepts and catering operations. It has a 15.93 P/E ratio.

The stock decreased 1.76% or $0.4 during the last trading session, reaching $22.3. About 852 shares traded. Ark Restaurants Corp. (NASDAQ:ARKR) has risen 0.61% since September 16, 2017 and is uptrending. It has underperformed by 15.01% the S&P500.

Zpr Investment Management holds 0.35% of its portfolio in Ark Restaurants Corp. for 10,439 shares. Dalton Greiner Hartman Maher & Co owns 245,773 shares or 0.31% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 39,000 shares. The New York-based First Manhattan Co has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 3,350 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $463,094 activity.

Another recent and important Ark Restaurants Corp. (NASDAQ:ARKR) news was published by Investorplace.com which published an article titled: “7 Small-Cap Restaurant Stocks to Buy” on September 12, 2018.

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