SG Americas Securities LLC Sells 2,429 Shares of J&J Snack Foods Corp. (NASDAQ:JJSF)

SG Americas Securities LLC lessened its stake in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 64.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,335 shares of the company’s stock after selling 2,429 shares during the quarter. SG Americas Securities LLC’s holdings in J&J Snack Foods were worth $207,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of JJSF. GAMMA Investing LLC boosted its holdings in shares of J&J Snack Foods by 32.8% during the 4th quarter. GAMMA Investing LLC now owns 603 shares of the company’s stock valued at $94,000 after acquiring an additional 149 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in J&J Snack Foods by 27.8% in the third quarter. JPMorgan Chase & Co. now owns 44,572 shares of the company’s stock valued at $7,672,000 after buying an additional 9,703 shares during the period. Franklin Resources Inc. boosted its position in J&J Snack Foods by 4.1% during the third quarter. Franklin Resources Inc. now owns 1,546 shares of the company’s stock valued at $259,000 after acquiring an additional 61 shares during the last quarter. Barclays PLC raised its position in shares of J&J Snack Foods by 434.0% in the 3rd quarter. Barclays PLC now owns 30,065 shares of the company’s stock worth $5,175,000 after acquiring an additional 24,435 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of J&J Snack Foods by 40.1% in the 3rd quarter. Jane Street Group LLC now owns 31,936 shares of the company’s stock valued at $5,497,000 after purchasing an additional 9,134 shares during the period. 76.04% of the stock is currently owned by institutional investors and hedge funds.

J&J Snack Foods Stock Down 1.2 %

Shares of NASDAQ:JJSF opened at $122.34 on Friday. J&J Snack Foods Corp. has a twelve month low of $116.60 and a twelve month high of $180.80. The stock’s 50 day moving average is $150.85 and its 200-day moving average is $162.50. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 27.49 and a beta of 0.64.

J&J Snack Foods (NASDAQ:JJSF) last released its quarterly earnings data on Monday, February 3rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.29). J&J Snack Foods had a return on equity of 10.32% and a net margin of 5.50%. Equities research analysts anticipate that J&J Snack Foods Corp. will post 5.49 earnings per share for the current fiscal year.

J&J Snack Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Tuesday, December 17th were paid a $0.78 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $3.12 annualized dividend and a yield of 2.55%. J&J Snack Foods’s dividend payout ratio (DPR) is 70.11%.

Analyst Upgrades and Downgrades

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

J&J Snack Foods Profile

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.