Silvercrest Asset Management Group LLC Acquires 169,825 Shares of Mama's Creations, Inc. (NASDAQ:MAMA)

Silvercrest Asset Management Group LLC raised its position in Mama's Creations, Inc. (NASDAQ:MAMA - Free Report) by 32.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 687,417 shares of the company's stock after purchasing an additional 169,825 shares during the quarter. Silvercrest Asset Management Group LLC owned 1.83% of Mama's Creations worth $5,472,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets bought a new position in shares of Mama's Creations during the fourth quarter valued at approximately $68,000. Price T Rowe Associates Inc. MD lifted its position in shares of Mama's Creations by 19.7% during the fourth 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 last quarter. SG Americas Securities LLC boosted its stake in shares of Mama's Creations by 25.2% during the fourth quarter. SG Americas Securities LLC now owns 15,380 shares of the company's stock valued at $122,000 after purchasing an additional 3,093 shares during the period. PEAK6 LLC bought a new position in shares of Mama's Creations in the fourth quarter worth about $137,000. Finally, Tocqueville Asset Management L.P. purchased a new position in Mama's Creations in the 4th quarter worth about $141,000. 45.18% of the stock is owned by hedge funds and other institutional investors.

Mama's Creations Trading Up 2.3%

MAMA traded up $0.16 on Friday, reaching $7.13. 72,129 shares of the company traded hands, compared to its average volume of 338,816. The company has a market cap of $268.06 million, a P/E ratio of 79.29 and a beta of 0.64. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.16. Mama's Creations, Inc. has a one year low of $5.50 and a one year high of $9.98. The firm has a fifty day simple moving average of $6.58 and a two-hundred day simple moving average of $7.31.

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