Creative Planning Has $806,000 Stock Holdings in J&J Snack Foods Corp. (NASDAQ:JJSF)

Creative Planning increased its position in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,683 shares of the company’s stock after buying an additional 86 shares during the quarter. Creative Planning’s holdings in J&J Snack Foods were worth $806,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in J&J Snack Foods by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 1,636,305 shares of the company’s stock worth $236,544,000 after buying an additional 71,378 shares during the period. Allspring Global Investments Holdings LLC raised its stake in J&J Snack Foods by 6.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,562,491 shares of the company’s stock worth $253,702,000 after buying an additional 89,160 shares during the period. Westwood Holdings Group Inc. raised its stake in J&J Snack Foods by 22.4% during the 1st quarter. Westwood Holdings Group Inc. now owns 542,945 shares of the company’s stock worth $78,488,000 after buying an additional 99,264 shares during the period. Thrivent Financial for Lutherans raised its stake in J&J Snack Foods by 130.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 535,831 shares of the company’s stock worth $87,003,000 after buying an additional 303,673 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in J&J Snack Foods by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 458,203 shares of the company’s stock worth $74,400,000 after buying an additional 18,932 shares during the period. 76.04% of the stock is owned by institutional investors and hedge funds.

J&J Snack Foods Stock Performance

Shares of J&J Snack Foods stock opened at $165.86 on Friday. J&J Snack Foods Corp. has a 52 week low of $133.23 and a 52 week high of $176.38. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.01. The business has a 50 day moving average price of $167.71 and a 200-day moving average price of $163.44. The company has a market cap of $3.22 billion, a PE ratio of 36.86 and a beta of 0.63.

J&J Snack Foods (NASDAQ:JJSF) last issued its quarterly earnings data on Monday, August 5th. The company reported $1.98 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.01). The company had revenue of $439.96 million for the quarter, compared to the consensus estimate of $440.92 million. J&J Snack Foods had a net margin of 5.49% and a return on equity of 10.70%. J&J Snack Foods’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business posted $1.92 earnings per share. Equities analysts anticipate that J&J Snack Foods Corp. will post 5.21 earnings per share for the current fiscal year.

J&J Snack Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 8th. Shareholders of record on Tuesday, September 17th were issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 1.88%. This is an increase from J&J Snack Foods’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend was Tuesday, September 17th. J&J Snack Foods’s payout ratio is currently 69.33%.

Analyst Ratings Changes

Separately, Benchmark reaffirmed a “buy” rating and set a $200.00 price target on shares of J&J Snack Foods in a research note on Tuesday, October 29th.

Insiders Place Their Bets

In other J&J Snack Foods news, VP Mary Lou Kehoe sold 1,500 shares of J&J Snack Foods stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $169.59, for a total transaction of $254,385.00. Following the transaction, the vice president now directly owns 742 shares of the company’s stock, valued at $125,835.78. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other J&J Snack Foods news, Director Gerald B. Shreiber sold 20,000 shares of J&J Snack Foods stock in a transaction on Saturday, August 31st. The shares were sold at an average price of $167.95, for a total transaction of $3,359,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Mary Lou Kehoe sold 1,500 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $169.59, for a total transaction of $254,385.00. Following the completion of the transaction, the vice president now directly owns 742 shares in the company, valued at $125,835.78. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 22.20% of the company’s stock.

About J&J Snack Foods

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.