SEC Filing Coverage: Why Satterfield Thomas A Jr Reported Big Ark Restaurants Corp Position?

SEC Filing Coverage: Why Satterfield Thomas A Jr Reported Big Ark Restaurants Corp Position?

The New Satterfield Thomas A Jr Holding in Ark Restaurants Corp

Satterfield Thomas A Jr filed with the SEC SC 13G form for Ark Restaurants Corp. The form can be accessed here: 000119312516767354. As reported in Satterfield Thomas A Jr’s form, the filler as of late owns 5.21% or 178,251 shares of the Consumer Discretionary–company.

Ark Restaurants Corp stake is a new one for the and it was filed because of activity on November10, 2016. We feel this shows Satterfield Thomas A Jr’s positive view for the stock.

Ark Restaurants Corp Institutional Sentiment

Latest Security and Exchange filings show 25 investors own Ark Restaurants Corp. The institutional ownership in Q3 2015 is low, at 90.93% of the outstanding shares. This is increased by 2305344 the total institutional shares. 3109968 were the shares owned by these institutional investors. In total 1 funds opened new Ark Restaurants Corp stakes, 5 increased stakes. There were 1 that closed positions and 6 reduced them.

Lsv Asset Management is an institutional investor bullish on Ark Restaurants Corp, owning 5082 shares as of Q3 2015 for less than 0.01% of its portfolio. Brandywine Global Investment Management Llc owns 20250 shares or less than 0.01% of its portfolio. OH James Investment Research Inc have less than 0.01% of their stock portfolio for 1060 shares. Further, First Manhattan Company reported stake worth 0.01% of its US stock portfolio. The NY Dalton Greiner Hartman Maher & Co owns 144124 shares. Ark Restaurants Corp is 0.18% of the manager’s US portfolio.

Business Profile

Ark Restaurants Corp. owns and operates approximately 20 restaurants and bars, over 20 fast food concepts and catering operations. The Company operates approximately six small food court restaurants and over one service restaurant in the Village Eateries food court at the New York-New York Hotel & Casino. It also operates the hotel’s room service, banquet facilities and employee cafeteria. It operates approximately six restaurants in New York City; approximately three in Washington, District of Columbia; over six in Las Vegas, Nevada; approximately three in Atlantic City, New Jersey; over one at the Foxwoods Resort Casino in Ledyard, Connecticut; approximately one in Boston, Massachusetts, and over two in Florida. Its restaurants include Center Cafe, Sequoia, Canyon Road, Bryant Park Grill & Cafe, Gallagher’s Steakhouse, Gonzalez y Gonzalez, Village Eateries, Robert, Thunder Grill, Gallagher’s Burger Bar, Broadway Burger Bar and Grill, The Rustic Inn and Southwest Porch.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 0.63 in Q2 2016. Its down 0.07, from 0.7 in 2016Q1. The ratio worsened, as 3 funds sold all Ark Restaurants Corp shares owned while 5 reduced positions. 1 funds bought stakes while 4 increased positions. They now own 840,212 shares or 5.10% more from 799,418 shares in 2016Q1.

Bankshares Of America De has 3,350 shares for 0% of their US portfolio. Vanguard has invested 0% of its portfolio in Ark Restaurants Corp (NASDAQ:ARKR). Lsv Asset has invested 0% of its portfolio in Ark Restaurants Corp (NASDAQ:ARKR). Renaissance Technologies Limited Co accumulated 0% or 68,400 shares. Blackrock Fund Advsrs last reported 5,047 shares in the company. Dalton Greiner Hartman Maher And has 185,878 shares for 0.26% of their US portfolio. James Inv Rech has 1,160 shares for 0% of their US portfolio. Deutsche Commercial Bank Ag has invested 0% of its portfolio in Ark Restaurants Corp (NASDAQ:ARKR). Tower Research Cap Lc (Trc) accumulated 464 shares or 0% of the stock. The Texas-based Dimensional Fund Limited Partnership has invested 0% in Ark Restaurants Corp (NASDAQ:ARKR). Blackrock Institutional Na reported 2,586 shares or 0% of all its holdings. Fmr Limited Liability Company has invested 0% of its portfolio in Ark Restaurants Corp (NASDAQ:ARKR). Glenmede Trust Na has 0% invested in the company for 1,046 shares. Blackrock Ltd Limited Liability Company, a New Jersey-based fund reported 329 shares. Bridgeway Mgmt Inc accumulated 0% or 9,900 shares.

Analysts await Ark Restaurants Corp (NASDAQ:ARKR) to report earnings on December, 28.

About 190 shares traded hands. Ark Restaurants Corp (NASDAQ:ARKR) has risen 3.11% since April 12, 2016 and is uptrending. It has underperformed by 1.87% the S&P500.

Ark Restaurants Corp. owns and operates approximately 20 restaurants and bars, over 20 fast food concepts and catering operations. The company has a market cap of $73.13 million. The Firm operates approximately six small food court restaurants and over one service restaurant in the Village Eateries food court at the New York-New York Hotel & Casino. It has a 14.79 P/E ratio. It also operates the hotel’s room service, banquet facilities and employee cafeteria.

More notable recent Ark Restaurants Corp (NASDAQ:ARKR) news were published by: Seekingalpha.com which released: “Ark Restaurants: A Hidden Underdog Within The Restaurant Industry? (ARKR)” on February 26, 2015, also Seekingalpha.com with their article: “Ark Restaurants Is A Decent Business With Great Optionality (ARKR)” published on May 30, 2015, Prnewswire.com published: “Landry’s Sends Letter To Ark Restaurants Corp. Questioning Motives Of Board” on March 08, 2013. More interesting news about Ark Restaurants Corp (NASDAQ:ARKR) were released by: Seekingalpha.com and their article: “Ark Restaurants: Very Reasonably Priced Microcap With A Nice Write-Up In Barron’s” published on June 28, 2016 as well as Businesswire.com‘s news article titled: “Ark Restaurants Announces Financial Results for the First Quarter of 2016” with publication date: February 12, 2016.

According to Zacks Investment Research, “Ark Restaurants Corp. is a holding company which, through subsidiaries, operates 29 restaurants, two bakeries and a cafeteria. Of those facilities, 23 restaurants and two bakeries are owned by the Company and six restaurants and the cafeteria are owned by others and managed by the Company.”

ARKR Company Profile

Ark Restaurants Corp., incorporated on January 4, 1983, owns and operates approximately 20 restaurants and bars, over 20 fast food concepts and catering activities through its subsidiaries. The Firm operates approximately six small food court restaurants and over one service restaurant in the Village Eateries food court at the New York-New York Hotel & Casino. It also operates that hotel’s room service, banquet facilities and employee cafeteria. The Company’s restaurants include Center Cafe, Sequoia, Canyon Road, Bryant Park Grill & Cafe, Gallagher’s Steakhouse, Gonzalez y Gonzalez, Village Eateries, Robert, Thunder Grill, Gallagher’s Burger Bar, Yolos, Clyde Frazier’s Wine and Dine, Broadway Burger Bar and Grill, The Rustic Inn and Southwest Porch.

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