Raymond James & Associates Invests $83,000 in BurgerFi International, Inc. (NASDAQ:BFI)

Raymond James & Associates acquired a new position in shares of BurgerFi International, Inc. (NASDAQ:BFIFree Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 71,881 shares of the company’s stock, valued at approximately $83,000.

Other institutional investors also recently modified their holdings of the company. State Street Corp grew its stake in BurgerFi International by 10.5% in the 1st quarter. State Street Corp now owns 43,393 shares of the company’s stock valued at $181,000 after buying an additional 4,113 shares during the last quarter. BlackRock Inc. grew its stake in BurgerFi International by 5.4% in the 1st quarter. BlackRock Inc. now owns 100,832 shares of the company’s stock valued at $420,000 after buying an additional 5,149 shares during the last quarter. UBS Group AG grew its stake in BurgerFi International by 104.0% in the 4th quarter. UBS Group AG now owns 20,339 shares of the company’s stock valued at $26,000 after buying an additional 10,369 shares during the last quarter. PDT Partners LLC acquired a new position in BurgerFi International in the 1st quarter valued at about $67,000. Finally, Millennium Management LLC acquired a new position in BurgerFi International in the 2nd quarter valued at about $115,000. 39.16% of the stock is currently owned by institutional investors and hedge funds.

BurgerFi International Stock Performance

NASDAQ BFI opened at $0.58 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $15.59 million, a P/E ratio of -0.29 and a beta of 0.50. BurgerFi International, Inc. has a 12-month low of $0.55 and a 12-month high of $2.06. The firm has a 50-day moving average price of $0.80 and a two-hundred day moving average price of $1.13.

BurgerFi International (NASDAQ:BFIGet Free Report) last issued its quarterly earnings results on Wednesday, November 15th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.02). BurgerFi International had a negative return on equity of 60.27% and a negative net margin of 26.61%. The firm had revenue of $39.48 million for the quarter.

BurgerFi International Company Profile

(Free Report)

BurgerFi International, Inc, together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants. Its restaurants offer burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine, pizza, coal fired chicken wings, homemade meatballs, and a variety of handcrafted sandwiches and salads.

Featured Articles

Want to see what other hedge funds are holding BFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BurgerFi International, Inc. (NASDAQ:BFIFree Report).

Institutional Ownership by Quarter for BurgerFi International (NASDAQ:BFI)

Receive News & Ratings for BurgerFi International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BurgerFi International and related companies with MarketBeat.com's FREE daily email newsletter.