Landscape Capital Management L.L.C. Takes $2.61 Million Position in Kura Sushi USA, Inc. (NASDAQ:KRUS)

Landscape Capital Management L.L.C. bought a new position in Kura Sushi USA, Inc. (NASDAQ:KRUS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 32,388 shares of the company’s stock, valued at approximately $2,609,000.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Kura Sushi USA by 1.8% during the first quarter. Vanguard Group Inc. now owns 327,315 shares of the company’s stock valued at $37,694,000 after purchasing an additional 5,942 shares in the last quarter. Lazard Asset Management LLC boosted its position in shares of Kura Sushi USA by 144.0% in the first quarter. Lazard Asset Management LLC now owns 62,031 shares of the company’s stock worth $7,143,000 after purchasing an additional 36,609 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Kura Sushi USA by 7.6% in the 1st 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. Janus Henderson Group PLC purchased a new stake in shares of Kura Sushi USA during the first quarter worth about $513,000. Finally, Castleark Management LLC bought a new stake in shares of Kura Sushi USA during the first quarter valued at approximately $3,326,000. 65.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on KRUS. Barclays upped 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. 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 price objective for the company. Craig Hallum increased their price target 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. Finally, Piper Sandler lifted their price objective on shares of Kura Sushi USA from $63.00 to $98.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Kura Sushi USA currently has a consensus rating of “Moderate Buy” and an average price target of $84.88.

Kura Sushi USA Trading Up 7.2 %

Shares of NASDAQ KRUS opened at $95.54 on Friday. The stock has a market capitalization of $1.14 billion, a PE ratio of -122.49 and a beta of 1.86. Kura Sushi USA, Inc. has a twelve month low of $48.66 and a twelve month high of $122.81. The stock has a fifty day simple moving average of $88.05 and a 200-day simple moving average of $79.23.

Kura Sushi USA Profile