SCHEDULE: Earnest Partners Amends Cheesecake Factory Stake

Earnest Partners LLC filed an amended Schedule 13G, reporting a 4.8% beneficial ownership stake in Cheesecake Factory Inc. common stock.

Summary

• Earnest Partners LLC, an investment adviser, filed an Amendment No. 2 to its Schedule 13G.
• The filing reports beneficial ownership of 2,388,181 shares of Cheesecake Factory Inc. common stock.
• This represents 4.8% of the class of securities.
• Earnest Partners LLC holds sole voting power over 1,618,968 shares and shared voting power over 227,885 shares.
• Earnest Partners LLC holds sole dispositive power over 2,388,181 shares and no shared dispositive power.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a routine disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the company's performance or outlook. It is a factual report.

Stakeholder Impact

• Shareholders may view the continued investment by Earnest Partners LLC as a sign of confidence in Cheesecake Factory Inc.'s long-term prospects.

Key Dates

Keywords

Cheesecake Factory Inc, Earnest Partners LLC, Schedule 13G, beneficial ownership, common stock, investment adviser, SEC filing