Famous Daves Of America Inc Has Bullish Trade, Charles Davidson’s Wexford Capital Lp Bought Stake!

April 17, 2018 - By Ellis Scott

Famous Dave's of America, Inc. (NASDAQ:DAVE) LogoInvestors sentiment increased to 2.25 in 2017 Q4. Its up 1.58, from 0.67 in 2017Q3. It improved, as 2 investors sold Famous Dave's of America, Inc. shares while 2 reduced holdings. 3 funds opened positions while 6 raised stakes. 4.27 million shares or 0.82% less from 4.30 million shares in 2017Q3 were reported.

Vanguard Gp Inc has 196,524 shares for 0% of their portfolio. The New York-based Renaissance Tech Ltd Liability Corporation has invested 0% in Famous Dave's of America, Inc. (NASDAQ:DAVE). Raging Cap Mgmt Lc has invested 0.42% in Famous Dave's of America, Inc. (NASDAQ:DAVE). Royal Comml Bank Of Canada owns 0% invested in Famous Dave's of America, Inc. (NASDAQ:DAVE) for 6 shares. Virtu Ltd holds 0.01% or 15,326 shares in its portfolio. Wexford Cap L P invested in 0.75% or 1.33M shares. Bridgeway Capital Mngmt accumulated 0% or 52,000 shares. Geode Management Limited Liability Corp owns 0% invested in Famous Dave's of America, Inc. (NASDAQ:DAVE) for 30,474 shares. Amg Natl State Bank holds 0.01% of its portfolio in Famous Dave's of America, Inc. (NASDAQ:DAVE) for 20,000 shares. Dimensional Fund Advisors Lp has invested 0% in Famous Dave's of America, Inc. (NASDAQ:DAVE). California Pub Employees Retirement Systems invested in 0% or 24,910 shares. Deutsche Bancorporation Ag invested in 0% or 38,228 shares. Tower Research Cap Lc (Trc) invested 0% of its portfolio in Famous Dave's of America, Inc. (NASDAQ:DAVE). Perkins Cap Mgmt owns 187,600 shares for 1.18% of their portfolio. Morgan Stanley accumulated 12,760 shares.

The New Charles Davidson’s Wexford Capital Lp Holding in Famous Daves Of America Inc

Wexford Capital Lp reported SC 13D/A form with the SEC for Famous Daves Of America Inc. Access it here: 000104846218000020. As reported by Charles Davidson’s Wexford Capital Lp, the filler owns 18.62% or 1,685,556 shares of the Consumer Discretionary–company.

Famous Daves Of America Inc stake is new for [reportingPerson]. Date of activity: April 16, 2018. This shows Charles Davidson’s Wexford Capital Lp’s positive view for Famous Daves Of America Inc. For a hedge fund managing $6.34 billion in assets and having 68+ experts this is interesting position.

The hedge fund is investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Charles Davidson’s Wexford Capital Lp’s portfolio is in the sector.

Famous Daves Of America Inc Institutional Sentiment

Filings show 20 investors own Famous Daves Of America Inc. The ownership in Q3 2017 is low, at Infinity of the outstanding shares. This is increased by 26840. 4300906 were owned by these investors. 2 funds opened new Famous Daves Of America Inc stakes, 4 increased positions. There were 3 that closed positions and 6 reduced them.

Cranbrook Wealth Management Llc is an investor bullish on Famous Daves Of America Inc, owning 155 shares as of Q3 2017 for less than 0.01% of its portfolio. Perkins Capital Management Inc owns 175100 shares or 0.76% of its portfolio. CT Wexford Capital Lp have 0.47% of its portfolio for 1332711 shares. Further, Raging Capital Management Llc reported stake worth 0.39% of its portfolio. The NY Bandera Partners Llc owns 1142104 shares. Famous Daves Of America Inc is 4.13% of its portfolio.

SEC Form 13D.

Charles Davidson’s Wexford Capital Lp website.

Analysts await Famous Dave's of America, Inc. (NASDAQ:DAVE) to report earnings on May, 21. They expect $-0.01 earnings per share, up 80.00 % or $0.04 from last year’s $-0.05 per share. After $-0.03 actual earnings per share reported by Famous Dave's of America, Inc. for the previous quarter, Wall Street now forecasts -66.67 % EPS growth.

The stock increased 2.11% or $0.15 during the last trading session, reaching $7.25. About 48,758 shares traded. Famous Dave's of America, Inc. (NASDAQ:DAVE) has risen 74.39% since April 18, 2017 and is uptrending. It has outperformed by 62.84% the S&P500.

Famous Dave's of America, Inc. develops, owns, operates, and franchises restaurants under the Famous Dave's name. The company has market cap of $54.14 million. It offers smoked, barbequed, and grilled meats, as well as entrée items and delicious side dishes that are prepared using prepared proprietary seasonings, sauces, and mixes. It currently has negative earnings. The firm operates full-service and counter-service restaurants.

Famous Dave's of America, Inc. (NASDAQ:DAVE) Institutional Positions Chart

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