Dimensional Fund Advisors LP Boosts Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

Dimensional Fund Advisors LP raised its stake in J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 468,298 shares of the company's stock after purchasing an additional 6,544 shares during the quarter. Dimensional Fund Advisors LP owned 2.40% of J&J Snack Foods worth $72,648,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of JJSF. NewEdge Advisors LLC lifted its stake in J&J Snack Foods by 20.4% during the 4th quarter. NewEdge Advisors LLC now owns 2,256 shares of the company's stock valued at $350,000 after acquiring an additional 383 shares in the last quarter. Mariner LLC lifted its position in shares of J&J Snack Foods by 17.4% during the fourth quarter. Mariner LLC now owns 2,708 shares of the company's stock valued at $420,000 after purchasing an additional 401 shares in the last quarter. Summit Investment Advisors Inc. lifted its position in shares of J&J Snack Foods by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,596 shares of the company's stock valued at $248,000 after purchasing an additional 101 shares in the last quarter. Raymond James Financial Inc. purchased a new position in J&J Snack Foods during the fourth quarter worth about $674,000. Finally, Invesco Ltd. grew its position in J&J Snack Foods by 0.5% in the 4th quarter. Invesco Ltd. now owns 74,566 shares of the company's stock worth $11,567,000 after purchasing an additional 396 shares in the last quarter. Institutional investors own 76.04% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on JJSF. Benchmark reaffirmed a "buy" rating and issued a $200.00 target price on shares of J&J Snack Foods in a report on Tuesday, February 4th. Jefferies Financial Group reduced 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.

J&J Snack Foods Stock Performance

NASDAQ JJSF traded up $2.25 on Monday, hitting $131.53. 83,450 shares of the stock traded hands, compared to its average volume of 149,326. The business's fifty day moving average is $132.35 and its two-hundred day moving average is $146.51. 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 capitalization of $2.56 billion, a price-to-earnings ratio of 30.31 and a beta of 0.49.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last announced 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 9.84% and a net margin of 5.31%. Analysts expect that J&J Snack Foods Corp. will post 4.75 EPS for the current fiscal year.

J&J Snack Foods Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Tuesday, March 18th were given a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend was Tuesday, March 18th. J&J Snack Foods's dividend payout ratio (DPR) is currently 71.89%.

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.