Aquatic Capital Management LLC Has $2.28 Million Stock Holdings in Jack in the Box Inc. (NASDAQ:JACK)

Aquatic Capital Management LLC grew its holdings in shares of Jack in the Box Inc. (NASDAQ:JACK - Free Report) by 38.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 54,778 shares of the restaurant operator's stock after buying an additional 15,178 shares during the period. Aquatic Capital Management LLC owned 0.29% of Jack in the Box worth $2,281,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. raised its holdings in Jack in the Box by 12.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 436,361 shares of the restaurant operator's stock worth $18,170,000 after buying an additional 47,851 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Jack in the Box during the 4th quarter worth $7,655,000. Arrowstreet Capital Limited Partnership grew its holdings in Jack in the Box by 178.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 196,740 shares of the restaurant operator's stock valued at $8,192,000 after purchasing an additional 126,101 shares during the period. Barclays PLC increased its holdings in Jack in the Box by 70.9% in the 3rd quarter. Barclays PLC now owns 216,117 shares of the restaurant operator's stock worth $10,060,000 after acquiring an additional 89,649 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Jack in the Box during the 4th quarter valued at $978,000. 99.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on JACK shares. Oppenheimer lowered their price target on shares of Jack in the Box from $60.00 to $52.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. UBS Group dropped their price objective on Jack in the Box from $50.00 to $44.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 7th. Sanford C. Bernstein set a $24.00 price objective on shares of Jack in the Box in a report on Tuesday, April 22nd. Morgan Stanley reduced their price objective on shares of Jack in the Box from $53.00 to $45.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada decreased their price objective on shares of Jack in the Box from $45.00 to $30.00 and set an "outperform" rating for the company in a research report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $44.00.

Jack in the Box Trading Up 4.0 %

NASDAQ:JACK traded up $1.05 on Friday, reaching $27.16. The stock had a trading volume of 561,515 shares, compared to its average volume of 659,790. Jack in the Box Inc. has a 12-month low of $22.01 and a 12-month high of $60.73. The stock has a market cap of $512.18 million, a P/E ratio of -13.93, a price-to-earnings-growth ratio of 1.29 and a beta of 1.81. The company has a 50-day moving average of $28.78 and a 200 day moving average of $38.20.

Jack in the Box (NASDAQ:JACK - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The restaurant operator reported $1.92 EPS for the quarter, beating the consensus estimate of $1.71 by $0.21. The business had revenue of $469.44 million during the quarter, compared to analyst estimates of $470.47 million. Jack in the Box had a negative net margin of 2.34% and a negative return on equity of 15.79%. On average, equities analysts predict that Jack in the Box Inc. will post 5.33 EPS for the current year.

Jack in the Box Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.48%. Jack in the Box's payout ratio is currently -82.63%.

About Jack in the Box

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.