Citadel Advisors LLC lifted its holdings in shares of Nathan's Famous, Inc. (NASDAQ:NATH - Free Report) by 187.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,088 shares of the restaurant operator's stock after buying an additional 6,575 shares during the quarter. Citadel Advisors LLC owned about 0.25% of Nathan's Famous worth $793,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Northern Trust Corp lifted its stake in shares of Nathan's Famous by 1.6% during the 4th quarter. Northern Trust Corp now owns 27,011 shares of the restaurant operator's stock valued at $2,123,000 after buying an additional 426 shares in the last quarter. Barclays PLC lifted its stake in Nathan's Famous by 11.5% in the 4th quarter. Barclays PLC now owns 4,555 shares of the restaurant operator's stock worth $359,000 after purchasing an additional 471 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Nathan's Famous by 45.1% in the 4th quarter. Wells Fargo & Company MN now owns 2,056 shares of the restaurant operator's stock worth $162,000 after purchasing an additional 639 shares in the last quarter. Bank of America Corp DE lifted its stake in Nathan's Famous by 30.8% in the 4th quarter. Bank of America Corp DE now owns 2,820 shares of the restaurant operator's stock worth $222,000 after purchasing an additional 664 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its stake in Nathan's Famous by 27.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,697 shares of the restaurant operator's stock worth $291,000 after purchasing an additional 803 shares in the last quarter. 66.54% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Nathan's Famous from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd.
Check Out Our Latest Report on NATH
Nathan's Famous Stock Performance
Shares of NATH stock traded up $1.17 on Friday, hitting $105.39. 37,147 shares of the company's stock traded hands, compared to its average volume of 10,909. The stock has a market capitalization of $430.94 million, a price-to-earnings ratio of 18.17 and a beta of 0.32. Nathan's Famous, Inc. has a one year low of $66.35 and a one year high of $107.00. The company's fifty day simple moving average is $97.72 and its 200 day simple moving average is $90.70.
Nathan's Famous Company Profile
(
Free Report)
Nathan's Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan's Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.
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