Nathan’s Famous, Inc. (NASDAQ:NATH) Shares Acquired by Barclays PLC

Barclays PLC increased its holdings in shares of Nathan’s Famous, Inc. (NASDAQ:NATH) by 271.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,084 shares of the restaurant operator’s stock after purchasing an additional 2,984 shares during the quarter. Barclays PLC owned 0.10% of Nathan’s Famous worth $330,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of NATH. Crawford Fund Management LLC increased its position in shares of Nathan’s Famous by 11.9% in the third quarter. Crawford Fund Management LLC now owns 97,660 shares of the restaurant operator’s stock worth $7,901,000 after acquiring an additional 10,350 shares in the last quarter. Seizert Capital Partners LLC boosted its position in Nathan’s Famous by 21.6% during the 3rd quarter. Seizert Capital Partners LLC now owns 4,624 shares of the restaurant operator’s stock worth $374,000 after purchasing an additional 821 shares during the period. Royce & Associates LP increased its holdings in Nathan’s Famous by 48.1% in the 3rd quarter. Royce & Associates LP now owns 120,677 shares of the restaurant operator’s stock valued at $9,763,000 after purchasing an additional 39,193 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Nathan’s Famous in the third quarter valued at about $309,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Nathan’s Famous by 2.8% during the third quarter. Janney Montgomery Scott LLC now owns 11,234 shares of the restaurant operator’s stock worth $909,000 after purchasing an additional 310 shares in the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Nathan’s Famous Stock Performance

NATH stock opened at $79.90 on Friday. The firm has a market cap of $326.39 million, a P/E ratio of 14.96 and a beta of 0.22. Nathan’s Famous, Inc. has a 1 year low of $63.01 and a 1 year high of $94.97. The stock has a 50-day simple moving average of $84.51 and a 200-day simple moving average of $78.81.

Nathan’s Famous Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend was Monday, November 25th. Nathan’s Famous’s dividend payout ratio (DPR) is 37.45%.

Nathan’s Famous Profile

Nathan's Famous, Inc, together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathan's Famous branded hot dogs, sausages, and corned beef products in refrigerated consumer packages to be resold through retail channels, such as supermarkets, groceries, mass merchandisers, and club stores; and other Nathan's Famous branded refrigerated meat products in consumer packages to be resold through retail channels.