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Massachusetts Financial cuts stake to 5.7% in Red Robin
By E. Janene Geiss
Philadelphia, Feb. 2 - Massachusetts Financial Services Co. decreased its stake to 5.7% in Red Robin Gourmet Burgers, Inc. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.
That represents a passive stake of 880,800 shares.
Those holdings are down from the passive stake of 6.5%, or 1,087,940 shares, that the investor reported owning Dec. 31, 2007, according to an SC 13G/A filing.
Red Robin is a Greenwood Village, Colo.-based casual dining company.
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