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First Eagle Investment Bolsters Portfolio with Red Robin Gourmet Burgers Inc Acquisition

First Eagle Investment (Trades, Portfolio) has recently expanded its investment portfolio with the addition of shares in Red Robin Gourmet Burgers Inc (NASDAQ:RRGB). On December 31, 2023, the firm acquired 889,413 shares of the casual-dining restaurant operator, reflecting a significant commitment to the company. The transaction, executed at a trade price of $12.47 per share, represents a 0.03% position in First Eagle Investment (Trades, Portfolio)'s portfolio and a 5.75% stake in Red Robin Gourmet Burgers Inc.

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