President and CEO of Clayton Homes, Inc. since 1999, Kevin T. Clayton is a board member of Ruby Tuesday, Inc., and on Tue., Nov. 10, 2015, purchased 20,000 shares of company stock at $5.20 per share for a total value of $104,000. As wkrb13 reports, in a document filed with the SEC, Clayton now owns 148,244 shares with a value of $770,868.80. He was re-elected to the casual dining restaurant’s board of directors on Oct.7, 2015, according to people.equilar.

Ruby Tuesday (NYSE:RT) last reported its earnings on Oct. 8, 2015, posting ($0.03) earnings per share for Q3, 2015, shy of Thomson-Reuters consensus estimate of $0.05 by $0.08. Zacks raised Ruby Tuesday’s rating from “hold” to “buy” in a research note Sept. 30, setting a $7.00 price objective.

The company’s stock has a 52-week low of $5.10 and a 52-week high of $8.57. In trading today, Mon. Nov. 16, Ruby Tuesday closed up +1.48 percent at $5.49.

The company owns and operates 668 Ruby Tuesday restaurants and franchises an additional 68.

As MHProNews knows, Clayton Homes, the largest producer of manufactured homes in North America, is headquartered in Maryville, Tennessee. The Ruby Tuesday Center for Leadership Excellence is also located in Maryville. ##

(Image credit: Ruby Tuesday, Inc.)

Article submitted by Matthew J. Silver to Daily Business News- MHProNews.