Caption Management LLC Makes New $1.50 Million Investment in Jack in the Box Inc. (NASDAQ:JACK)

Caption Management LLC purchased a new position in Jack in the Box Inc. (NASDAQ:JACK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,929 shares of the restaurant operator's stock, valued at approximately $1,496,000. Caption Management LLC owned 0.19% of Jack in the Box as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC increased its stake 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 during the last quarter. GAMMA Investing LLC increased its position in shares of Jack in the Box by 229.7% in the fourth quarter. GAMMA Investing LLC now owns 1,055 shares of the restaurant operator's stock worth $44,000 after purchasing an additional 735 shares during the last quarter. West Oak Capital LLC raised its stake in Jack in the Box by 30,452.9% in the fourth quarter. West Oak Capital LLC now owns 21,387 shares of the restaurant operator's stock valued at $891,000 after purchasing an additional 21,317 shares in the last quarter. SG Americas Securities LLC lifted its position in Jack in the Box by 188.5% during the fourth quarter. SG Americas Securities LLC now owns 11,484 shares of the restaurant operator's stock valued at $478,000 after purchasing an additional 7,504 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Jack in the Box by 53.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 13,873 shares of the restaurant operator's stock worth $578,000 after buying an additional 4,838 shares in the last quarter. Hedge funds and other institutional investors own 99.79% of the company's stock.

Jack in the Box Stock Performance

JACK stock traded down $0.30 on Friday, reaching $26.92. The company's stock had a trading volume of 469,526 shares, compared to its average volume of 660,117. The firm has a market cap of $507.66 million, a PE ratio of -13.81, a PEG ratio of 1.29 and a beta of 1.35. The business has a fifty day simple moving average of $27.72 and a two-hundred day simple moving average of $37.67. Jack in the Box Inc. has a 12-month low of $22.01 and a 12-month high of $60.73.

Jack in the Box (NASDAQ:JACK - Get Free Report) last announced its earnings results on Tuesday, February 25th. The restaurant operator reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.71 by $0.21. Jack in the Box had a negative net margin of 2.34% and a negative return on equity of 15.79%. The firm had revenue of $469.44 million for the quarter, compared to analyst estimates of $470.47 million. As a group, research analysts anticipate that Jack in the Box Inc. will post 5.33 earnings per share for the current fiscal year.

Jack in the Box Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Investors of record on Thursday, March 20th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.76 annualized dividend and a yield of 6.54%. Jack in the Box's payout ratio is -82.63%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on JACK. Morgan Stanley dropped 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 report on Tuesday, January 21st. Guggenheim reiterated a "buy" rating and issued a $55.00 price objective on shares of Jack in the Box in a report on Thursday, February 27th. TD Securities decreased their price objective on Jack in the Box from $40.00 to $31.00 and set a "hold" rating on the stock in a report on Monday, April 28th. Robert W. Baird cut their target price on Jack in the Box from $34.00 to $25.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Finally, Royal Bank of Canada reduced their price target on shares of Jack in the Box from $45.00 to $30.00 and set an "outperform" rating on the stock in a research report on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, Jack in the Box presently has an average rating of "Hold" and a consensus price target of $44.00.

Jack in the Box 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.