Universal Beteiligungs und Servicegesellschaft mbH Invests $1.95 Million in Jack in the Box Inc. (NASDAQ:JACK)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Jack in the Box Inc. (NASDAQ:JACK - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 46,715 shares of the restaurant operator's stock, valued at approximately $1,945,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.25% of Jack in the Box as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the stock. Quadrant Capital Group LLC raised its holdings in shares of Jack in the Box by 96.7% during the fourth quarter. Quadrant Capital Group LLC now owns 899 shares of the restaurant operator's stock worth $37,000 after acquiring an additional 442 shares during the period. Public Employees Retirement System of Ohio bought a new position in Jack in the Box during the 4th quarter worth about $40,000. KBC Group NV raised its stake in shares of Jack in the Box by 99.5% in the 4th quarter. KBC Group NV now owns 1,235 shares of the restaurant operator's stock valued at $51,000 after purchasing an additional 616 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Jack in the Box by 168.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,558 shares of the restaurant operator's stock valued at $65,000 after purchasing an additional 978 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Jack in the Box in the fourth quarter valued at about $137,000. Institutional investors own 99.79% of the company's stock.

Wall Street Analyst Weigh In

JACK has been the topic of a number of recent research reports. Wall Street Zen raised Jack in the Box from a "sell" rating to a "hold" rating in a research report on Thursday, February 27th. The Goldman Sachs Group decreased their price target on shares of Jack in the Box from $24.00 to $19.00 and set a "sell" rating for the company in a research note on Wednesday. Robert W. Baird lowered their price objective on shares of Jack in the Box from $34.00 to $25.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Truist Financial cut shares of Jack in the Box from a "buy" rating to a "hold" rating and reduced their target price for the stock from $51.00 to $22.00 in a report on Tuesday, May 27th. Finally, Stifel Nicolaus set a $32.00 target price on shares of Jack in the Box and gave the company a "buy" rating in a research report on Monday, April 28th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $38.32.

Jack in the Box Price Performance

NASDAQ JACK traded down $0.82 during trading on Thursday, reaching $19.45. 517,389 shares of the company's stock were exchanged, compared to its average volume of 851,756. The business has a 50 day moving average price of $24.00 and a 200-day moving average price of $34.37. The stock has a market capitalization of $367.10 million, a P/E ratio of -9.97, a PEG ratio of 1.29 and a beta of 1.20. Jack in the Box Inc. has a fifty-two week low of $18.24 and a fifty-two week high of $60.73.

Jack in the Box (NASDAQ:JACK - Get Free Report) last posted its earnings results on Wednesday, May 14th. The restaurant operator reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.07. Jack in the Box had a negative return on equity of 15.79% and a negative net margin of 2.34%. The business had revenue of $336.70 million for the quarter, compared to analyst estimates of $345.81 million. During the same period in the previous year, the firm earned $1.46 EPS. The firm's revenue was down 7.8% compared to the same quarter last year. On average, analysts forecast that Jack in the Box Inc. will post 5.33 earnings per share for the current year.

Jack in the Box Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 9.05%. The ex-dividend date was Thursday, March 20th. Jack in the Box's payout ratio is presently -16.21%.

About Jack in the Box

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.