7,391 Shares in J&J Snack Foods Corp. (NASDAQ:JJSF) Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC purchased a new stake in J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,391 shares of the company's stock, valued at approximately $1,147,000.

Several other large investors have also added to or reduced their stakes in the business. ProShare Advisors LLC lifted its position in J&J Snack Foods by 12.0% in the 4th quarter. ProShare Advisors LLC now owns 50,673 shares of the company's stock valued at $7,861,000 after acquiring an additional 5,434 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of J&J Snack Foods by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,682 shares of the company's stock worth $1,347,000 after buying an additional 332 shares in the last quarter. Gotham Asset Management LLC lifted its position in shares of J&J Snack Foods by 56.5% during the 4th quarter. Gotham Asset Management LLC now owns 1,818 shares of the company's stock worth $282,000 after buying an additional 656 shares in the last quarter. Deutsche Bank AG lifted its position in shares of J&J Snack Foods by 51.1% during the 4th quarter. Deutsche Bank AG now owns 14,057 shares of the company's stock worth $2,181,000 after buying an additional 4,756 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. raised its holdings in shares of J&J Snack Foods by 86.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 24,082 shares of the company's stock worth $3,736,000 after purchasing an additional 11,188 shares during the period. Institutional investors own 76.04% of the company's stock.

J&J Snack Foods Trading Up 0.3%

Shares of JJSF stock traded up $0.35 during trading hours on Tuesday, hitting $114.90. 48,411 shares of the company's stock were exchanged, compared to its average volume of 110,048. The company has a market capitalization of $2.24 billion, a PE ratio of 26.47 and a beta of 0.49. J&J Snack Foods Corp. has a 12-month low of $111.11 and a 12-month high of $180.80. The business's 50 day simple moving average is $125.28 and its 200-day simple moving average is $138.72.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.34). The business had revenue of $356.10 million during the quarter, compared to the consensus estimate of $369.01 million. J&J Snack Foods had a return on equity of 9.84% and a net margin of 5.31%. The company's revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.84 earnings per share. Equities analysts anticipate that J&J Snack Foods Corp. will post 4.75 EPS for the current year.

J&J Snack Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Tuesday, June 17th will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $3.12 dividend on an annualized basis and a yield of 2.72%. J&J Snack Foods's dividend payout ratio is currently 80.00%.

Analyst Ratings Changes

JJSF has been the topic of a number of research reports. Benchmark lowered their price target on shares of J&J Snack Foods from $165.00 to $150.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Jefferies Financial Group lowered their target price on shares of J&J Snack Foods from $175.00 to $135.00 and set a "hold" rating on the stock in a report on Tuesday, February 18th.

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.