Amundi Has $394,000 Holdings in Jack in the Box Inc. (NASDAQ:JACK)

Amundi boosted its holdings in shares of Jack in the Box Inc. (NASDAQ:JACK) by 141.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,330 shares of the restaurant operator’s stock after acquiring an additional 6,043 shares during the quarter. Amundi owned 0.05% of Jack in the Box worth $394,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in Jack in the Box by 229.7% during the 4th quarter. GAMMA Investing LLC now owns 1,055 shares of the restaurant operator’s stock worth $44,000 after acquiring an additional 735 shares during the period. KBC Group NV lifted its holdings in shares of Jack in the Box by 99.5% during the 4th quarter. KBC Group NV now owns 1,235 shares of the restaurant operator’s stock valued at $51,000 after buying an additional 616 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Jack in the Box by 168.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,558 shares of the restaurant operator’s stock valued at $65,000 after buying an additional 978 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Jack in the Box during the 4th quarter valued at about $72,000. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Jack in the Box by 172.3% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,140 shares of the restaurant operator’s stock valued at $100,000 after buying an additional 1,354 shares during the last quarter. 99.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Jack in the Box

In related news, SVP Sarah L. Super sold 1,688 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $40.52, for a total transaction of $68,397.76. Following the completion of the transaction, the senior vice president now directly owns 16,815 shares of the company’s stock, valued at approximately $681,343.80. This represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.40% of the stock is owned by insiders.

Jack in the Box Trading Down 2.2 %

NASDAQ JACK opened at $30.74 on Friday. The stock has a 50-day simple moving average of $37.73 and a 200 day simple moving average of $42.67. The company has a market capitalization of $579.69 million, a PE ratio of -15.76, a P/E/G ratio of 1.29 and a beta of 1.95. Jack in the Box Inc. has a 12 month low of $30.54 and a 12 month high of $71.26.

Jack in the Box (NASDAQ:JACK) last announced its quarterly earnings results on Tuesday, February 25th. The restaurant operator reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.21. The company had revenue of $469.44 million during the quarter, compared to the consensus estimate of $470.47 million. Jack in the Box had a negative return on equity of 15.79% and a negative net margin of 2.34%. As a group, sell-side analysts predict that Jack in the Box Inc. will post 5.33 earnings per share for the current fiscal year.

Jack in the Box Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $1.76 annualized dividend and a dividend yield of 5.73%. Jack in the Box’s dividend payout ratio is currently -82.63%.

Analyst Ratings Changes

A number of brokerages recently weighed in on JACK. Wedbush downgraded Jack in the Box from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $50.00 to $40.00 in a research note on Friday, February 21st. Oppenheimer cut their price objective on Jack in the Box from $60.00 to $52.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Truist Financial cut their price objective on Jack in the Box from $57.00 to $51.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft cut their price objective on Jack in the Box from $51.00 to $46.00 and set a “hold” rating on the stock in a research note on Thursday, November 21st. Finally, Guggenheim reaffirmed a “buy” rating and issued a $55.00 price target on shares of Jack in the Box in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $49.56.

Jack in the Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.