Aristotle Capital Boston LLC Has $24.98 Million Holdings in J&J Snack Foods Corp. (NASDAQ:JJSF)

Aristotle Capital Boston LLC decreased its position in J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 161,012 shares of the company's stock after selling 17,405 shares during the period. Aristotle Capital Boston LLC owned about 0.83% of J&J Snack Foods worth $24,978,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Barclays PLC raised its stake in shares of J&J Snack Foods by 434.0% in the third quarter. Barclays PLC now owns 30,065 shares of the company's stock valued at $5,175,000 after purchasing an additional 24,435 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in J&J Snack Foods by 27.8% in the 3rd 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. GAMMA Investing LLC raised its stake in shares of J&J Snack Foods by 32.8% in the 4th quarter. GAMMA Investing LLC now owns 603 shares of the company's stock valued at $94,000 after buying an additional 149 shares in the last quarter. D.B. Root & Company LLC lifted its holdings in shares of J&J Snack Foods by 6.8% during the 4th quarter. D.B. Root & Company LLC now owns 8,304 shares of the company's stock worth $1,288,000 after acquiring an additional 528 shares during the period. Finally, Inspire Investing LLC boosted its position in shares of J&J Snack Foods by 8.3% during the 4th quarter. Inspire Investing LLC now owns 2,579 shares of the company's stock valued at $400,000 after acquiring an additional 198 shares in the last quarter. Institutional investors own 76.04% of the company's stock.

J&J Snack Foods Stock Performance

Shares of NASDAQ JJSF traded up $2.56 during midday trading on Monday, reaching $131.84. 176,596 shares of the company traded hands, compared to its average volume of 105,789. The stock's 50-day simple moving average is $132.30 and its 200-day simple moving average is $146.26. J&J Snack Foods Corp. has a 12 month low of $116.60 and a 12 month high of $180.80. The firm has a market cap of $2.57 billion, a PE ratio of 30.38 and a beta of 0.49.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.62 by ($0.29). J&J Snack Foods had a net margin of 5.31% and a return on equity of 9.84%. On average, equities research analysts expect that J&J Snack Foods Corp. will post 4.75 EPS for the current year.

J&J Snack Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Tuesday, March 18th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $3.12 dividend on an annualized basis and a yield of 2.37%. J&J Snack Foods's dividend payout ratio is 71.89%.

Wall Street Analyst Weigh In

JJSF has been the subject of several recent research reports. Jefferies Financial Group dropped their price target on shares of J&J Snack Foods from $175.00 to $135.00 and set a "hold" rating for the company in a research report on Tuesday, February 18th. Benchmark reissued a "buy" rating and issued a $200.00 target price on shares of J&J Snack Foods in a report on Tuesday, February 4th.

J&J Snack Foods Profile

J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods.