Jack in the Box Inc. (NASDAQ:JACK) Shares Sold by Barclays PLC

Barclays PLC cut its position in shares of Jack in the Box Inc. (NASDAQ:JACK - Free Report) by 55.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 96,518 shares of the restaurant operator's stock after selling 119,599 shares during the quarter. Barclays PLC owned 0.51% of Jack in the Box worth $4,019,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Jack in the Box by 229.7% in the 4th quarter. GAMMA Investing LLC now owns 1,055 shares of the restaurant operator's stock valued at $44,000 after buying an additional 735 shares in the last quarter. West Oak Capital LLC grew its holdings in shares of Jack in the Box by 30,452.9% during the fourth quarter. West Oak Capital LLC now owns 21,387 shares of the restaurant operator's stock worth $891,000 after buying an additional 21,317 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Jack in the Box by 188.5% during the fourth quarter. SG Americas Securities LLC now owns 11,484 shares of the restaurant operator's stock valued at $478,000 after buying an additional 7,504 shares during the period. Janney Montgomery Scott LLC boosted its position in Jack in the Box by 53.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,873 shares of the restaurant operator's stock worth $578,000 after acquiring an additional 4,838 shares during the last quarter. Finally, Inspire Investing LLC raised its holdings in Jack in the Box by 10.2% in the 4th quarter. Inspire Investing LLC now owns 10,688 shares of the restaurant operator's stock valued at $445,000 after acquiring an additional 993 shares during the last quarter. 99.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JACK has been the topic of several research analyst reports. Royal Bank of Canada decreased their target price on shares of Jack in the Box from $45.00 to $30.00 and set an "outperform" rating on the stock in a research report on Thursday, April 24th. Morgan Stanley lowered their price objective on shares of Jack in the Box from $53.00 to $45.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Oppenheimer decreased their target price on shares of Jack in the Box from $60.00 to $52.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. TD Securities dropped their price target on shares of Jack in the Box from $40.00 to $31.00 and set a "hold" rating on the stock in a research note on Monday. Finally, Wedbush lowered shares of Jack in the Box from an "outperform" rating to a "neutral" rating and cut their price objective for the stock from $50.00 to $40.00 in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $44.00.

Jack in the Box Stock Performance

Shares of NASDAQ JACK traded up $0.63 during midday trading on Friday, hitting $26.74. The company's stock had a trading volume of 152,095 shares, compared to its average volume of 657,205. Jack in the Box Inc. has a 1-year low of $22.01 and a 1-year high of $60.73. The firm's fifty day moving average price is $28.91 and its 200-day moving average price is $38.45. The firm has a market cap of $504.28 million, a P/E ratio of -13.75, a P/E/G ratio of 1.29 and a beta of 1.81.

Jack in the Box (NASDAQ:JACK - Get Free Report) last posted its earnings results on Tuesday, February 25th. The restaurant operator reported $1.92 EPS for the quarter, beating the consensus estimate of $1.71 by $0.21. The company had revenue of $469.44 million during the quarter, compared to analyst estimates of $470.47 million. Jack in the Box had a negative return on equity of 15.79% and a negative net margin of 2.34%. As a group, research analysts predict that Jack in the Box Inc. will post 5.33 earnings per share for the current fiscal year.

Jack in the Box Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 8th. Shareholders of record on Thursday, March 20th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date of this dividend was Thursday, March 20th. Jack in the Box's payout ratio is -82.63%.

Jack in the Box Company Profile

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.