Wednesday, 16 January, 2019

Cheesecake Factory apologizes to black man harassed for Trump cap

Cheesecake Factory investigating claims man wearing MAGA hat was harassed by employees Cheesecake Factory apologizes to black man harassed for Trump cap
Jean Garcia | 17 May, 2018, 09:36

Kayne Anderson Rudnick Inv Mngmt Ltd Liability has 2.55M shs for 1% of their capital.

Eugene Joseph, 22, charged that he was "bullied and belittled" after taking his girlfriend's family to the Cheesecake Factory in Dadeland Mall on Mother's Day, the television station reported.

Shares of NASDAQ CAKE traded up $0.35 during mid-day trading on Friday, reaching $52.15.

In its apology that was released on Twitter, the Cheesecake Factory acknowledged that no customer should feel unwelcome in one of its restaurants and that it contacted Joseph directly about what happened. About 403,502 shares traded.

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In recent action, The Cheesecake Factory Incorporated (CAKE) has made a move of -0.82% over the past month, which has come on weak relative transaction volume. It has underperformed by 32.28% the S&P500. CAPPELLO ALEXANDER L bought $4,921 worth of stock or 100 shares.

In other The Cheesecake Factory news, insider Cheryl Slomann sold 5,500 shares of the business's stock in a transaction on Monday, March 12th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the company. Therefore 21% are positive. The company's revenue was up 4.8% compared to the same quarter last year. equities research analysts anticipate that The Cheesecake Factory will post 2.68 EPS for the current fiscal year. The company was downgraded on Wednesday, January 4 by Jefferies. The rating was upgraded by BTIG Research on Tuesday, October 27 to "Buy". Finally, Morgan Stanley reissued an "equal weight" rating and issued a $49.00 price objective (down from $50.00) on shares of The Cheesecake Factory in a report on Thursday, February 22nd. The firm earned "Buy" rating on Tuesday, September 12 by Maxim Group. The stock has a consensus rating of "Hold" and a consensus price target of $49.44. Canaccord Genuity now has a $57.00 target price on the restaurant operator's stock. Telsey Advisory Group lowered The Cheesecake Factory from an "outperform" rating to a "market perform" rating and set a $48.00 price objective for the company.in a report on Thursday, February 22nd. Lumber Liquidators Hldgs Inc (Put) (NYSE:LL) was reduced too. That's change of 0.09, from 2017Q3's 0.98.

CAKE stock opened at $53.17 on Thursday. Oakworth stated it has 500 shares.

The Cheesecake Factory (NASDAQ:CAKE) last posted its quarterly earnings data on Wednesday, April 25th. The Cheesecake Factory's dividend payout ratio (DPR) is 44.62%. Symphony Asset Management Ltd Liability Corp accumulated 0.03% or 6,905 shs. Investors of record on Thursday, May 10th will be given a dividend of $0.29 per share. Ladenburg Thalmann Financial Services Inc. boosted its holdings in The Cheesecake Factory by 328.5% during the fourth quarter. Wells Fargo And Mn invested in 0.01% or 881,699 shs. Disciplined Growth Invsts Mn accumulated 1.00 million shares.

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