189,107 Shares in Mama's Creations, Inc. (NASDAQ:MAMA) Purchased by Expect Equity LLC

Expect Equity LLC acquired a new stake in shares of Mama's Creations, Inc. (NASDAQ:MAMA - Free Report) in the 4th quarter, according to the company in its most recent disclosure 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 approximately 0.50% of Mama's Creations at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MAMA. JPMorgan Chase & Co. grew its stake in shares of Mama's Creations by 319.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,842 shares of the company's stock valued at $430,000 after buying an additional 44,817 shares during the period. Annex Advisory Services LLC grew its stake in shares of Mama's Creations by 71.0% in the 4th quarter. Annex Advisory Services LLC now owns 1,221,373 shares of the company's stock valued at $9,722,000 after buying an additional 507,065 shares during the period. Principal Financial Group Inc. increased its stake in Mama's Creations by 9.1% during the fourth quarter. Principal Financial Group Inc. now owns 22,785 shares of the company's stock worth $181,000 after acquiring an additional 1,896 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Mama's Creations during the fourth quarter worth $1,333,000. Finally, First Eagle Investment Management LLC increased its stake in Mama's Creations by 22.7% during the fourth quarter. First Eagle Investment Management LLC now owns 1,135,417 shares of the company's stock worth $9,038,000 after acquiring an additional 210,045 shares during the last quarter. Institutional investors and hedge funds own 45.18% of the company's stock.

Mama's Creations Trading Up 2.8%

Shares of MAMA stock traded up $0.18 during trading hours on Monday, hitting $6.64. The company had a trading volume of 241,503 shares, compared to its average volume of 344,298. Mama's Creations, Inc. has a fifty-two week low of $5.50 and a fifty-two week high of $9.98. The company's fifty day moving average is $6.44 and its 200 day moving average is $7.35. The stock has a market capitalization of $249.64 million, a PE ratio of 73.79 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.17 and a quick ratio of 1.00.

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

Mama's Creations 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.