Expect Equity LLC Invests $1.51 Million in Mama's Creations, Inc. (NASDAQ:MAMA)

Expect Equity LLC acquired a new stake in Mama's Creations, Inc. (NASDAQ:MAMA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 189,107 shares of the company's stock, valued at approximately $1,505,000. Expect Equity LLC owned about 0.50% of Mama's Creations as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in shares of Mama's Creations in the 4th quarter worth $68,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Mama's Creations by 19.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,622 shares of the company's stock worth $101,000 after purchasing an additional 2,073 shares during the period. SG Americas Securities LLC grew its holdings in shares of Mama's Creations by 25.2% during the 4th quarter. SG Americas Securities LLC now owns 15,380 shares of the company's stock worth $122,000 after purchasing an additional 3,093 shares during the period. PEAK6 LLC purchased a new position in shares of Mama's Creations during the 4th quarter worth $137,000. Finally, Tocqueville Asset Management L.P. purchased a new position in shares of Mama's Creations during the 4th quarter worth $141,000. 45.18% of the stock is owned by institutional investors and hedge funds.

Mama's Creations Trading Down 0.9%

Shares of NASDAQ MAMA traded down $0.06 during mid-day trading on Wednesday, reaching $6.58. 61,541 shares of the company's stock were exchanged, compared to its average volume of 343,190. The company's 50-day moving average is $6.46 and its 200-day moving average is $7.35. Mama's Creations, Inc. has a 52-week low of $5.50 and a 52-week high of $9.98. The firm has a market capitalization of $247.38 million, a price-to-earnings ratio of 73.12 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.00 and a current ratio of 1.17.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last announced its earnings results on Tuesday, April 8th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. The company had revenue of $33.59 million during the quarter, compared to analysts' expectations of $31.02 million. Mama's Creations had a return on equity of 16.52% and a net margin of 3.02%. Analysts expect that Mama's Creations, Inc. will post 0.09 EPS for the current fiscal year.

Mama's Creations Company Profile

Mama's Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products.