2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. reduced its holdings in J&J Snack Foods Corp. ( NASDAQ:JJSF – Free Report ) by 37.
7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,440 shares of the company’s stock after selling 11,173 shares during the quarter. Russell Investments Group Ltd.
owned approximately 0.09% of J&J Snack Foods worth $2,861,000 at the end of the most recent reporting period. A number of other large investors have also bought and sold shares of the business.
Smartleaf Asset Management LLC grew its stake in shares of J&J Snack Foods by 163.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 319 shares of the company’s stock valued at $50,000 after purchasing an additional 198 shares during the last quarter.
Newbridge Financial Services Group Inc. acquired a new stake in shares of J&J Snack Foods in the 4th quarter valued at $74,000. Huntington National Bank raised its position in shares of J&J Snack Foods by 25.
4% during the fourth quarter. Huntington National Bank now owns 513 shares of the company’s stock worth $80,000 after acquiring an additional 104 shares during the last quarter. Blue Trust Inc.
lifted its stake in shares of J&J Snack Foods by 27.4% during the fourth quarter. Blue Trust Inc.
now owns 498 shares of the company’s stock valued at $86,000 after acquiring an additional 107 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in J&J Snack Foods by 32.8% in the fourth quarter.
GAMMA Investing LLC now owns 603 shares of the company’s stock valued at $94,000 after acquiring an additional 149 shares during the last quarter. 76.04% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets Several research analysts have recently issued reports on the stock. Jefferies Financial Group reduced their target price on shares of J&J Snack Foods from $175.00 to $135.
00 and set a “hold” rating on the stock in a research note on Tuesday, February 18th. Benchmark reiterated a “buy” rating and set a $200.00 target price on shares of J&J Snack Foods in a research report on Tuesday, February 4th.
J&J Snack Foods Stock Performance Shares of NASDAQ JJSF opened at $135.67 on Friday. J&J Snack Foods Corp.
has a 52-week low of $116.60 and a 52-week high of $180.80.
The stock has a market cap of $2.64 billion, a P/E ratio of 31.26 and a beta of 0.
48. The firm has a 50 day moving average price of $131.45 and a 200 day moving average price of $149.
63. J&J Snack Foods ( NASDAQ:JJSF – Get Free Report ) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.
33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.29).
J&J Snack Foods had a net margin of 5.31% and a return on equity of 9.84%.
Analysts predict that J&J Snack Foods Corp. will post 4.75 earnings per share for the current fiscal year.
J&J Snack Foods Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Tuesday, March 18th were paid a dividend of $0.78 per share.
The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $3.12 dividend on an annualized basis and a yield of 2.
30%. J&J Snack Foods’s payout ratio is 71.89%.
J&J Snack Foods Company Profile ( Free Report ) J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages.
The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods. Further Reading Receive News & Ratings for J&J Snack Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J&J Snack Foods and related companies with MarketBeat.com's FREE daily email newsletter .
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