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

Landscape Capital Management L.L.C. acquired a new position in shares of Kura Sushi USA, Inc. (NASDAQ:KRUS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 32,388 shares of the company’s stock, valued at approximately $2,609,000. Landscape Capital Management L.L.C. owned 0.29% of Kura Sushi USA as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of KRUS. Comerica Bank boosted its holdings in shares of Kura Sushi USA by 58.6% in the 1st quarter. Comerica Bank now owns 268 shares of the company’s stock valued at $31,000 after buying an additional 99 shares during the period. Quest Partners LLC raised its position in Kura Sushi USA by 237.9% during the third quarter. Quest Partners LLC now owns 669 shares of the company’s stock valued at $54,000 after buying an additional 471 shares during the period. Virtu Financial LLC purchased a new stake in shares of Kura Sushi USA during the first quarter worth $370,000. Price T Rowe Associates Inc. MD grew its stake in shares of 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 valued at $378,000 after buying an additional 232 shares in the last quarter. Finally, Versor Investments LP bought a new stake in Kura Sushi USA in the second quarter worth $233,000. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Analyst Ratings Changes

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

Kura Sushi USA Stock Performance

KRUS stock opened at $95.54 on Friday. The company’s 50-day simple moving average is $88.05 and its 200 day simple moving average is $79.23. Kura Sushi USA, Inc. has a 52 week low of $48.66 and a 52 week high of $122.81. The company has a market capitalization of $1.14 billion, a PE ratio of -122.49 and a beta of 1.86.

Kura Sushi USA Company Profile