Janus Henderson Group PLC Purchases 1,412,884 Shares of Mama's Creations, Inc. (NASDAQ:MAMA)

Janus Henderson Group PLC lifted its position in shares of Mama's Creations, Inc. (NASDAQ:MAMA - Free Report) by 4,483.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,444,396 shares of the company's stock after buying an additional 1,412,884 shares during the period. Janus Henderson Group PLC owned about 3.84% of Mama's Creations worth $11,497,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of Mama's Creations by 35.1% in the 3rd quarter. Barclays PLC now owns 47,055 shares of the company's stock worth $343,000 after acquiring an additional 12,213 shares during the last quarter. JPMorgan Chase & Co. raised its position in Mama's Creations by 319.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,842 shares of the company's stock worth $430,000 after purchasing an additional 44,817 shares during the period. Annex Advisory Services LLC raised its position in Mama's Creations by 71.0% in the 4th quarter. Annex Advisory Services LLC now owns 1,221,373 shares of the company's stock worth $9,722,000 after purchasing an additional 507,065 shares during the period. SG Americas Securities LLC lifted its stake in Mama's Creations by 25.2% in the fourth quarter. SG Americas Securities LLC now owns 15,380 shares of the company's stock worth $122,000 after purchasing an additional 3,093 shares during the last quarter. Finally, Evernest Financial Advisors LLC boosted its position in Mama's Creations by 1.5% during the fourth quarter. Evernest Financial Advisors LLC now owns 190,907 shares of the company's stock valued at $1,520,000 after buying an additional 2,907 shares during the period. Institutional investors own 45.18% of the company's stock.

Mama's Creations Trading Up 0.0%

Shares of NASDAQ:MAMA traded up $0.00 on Thursday, reaching $6.92. 31,231 shares of the company traded hands, compared to its average volume of 339,653. The stock has a market capitalization of $260.20 million, a P/E ratio of 76.91 and a beta of 0.64. The business's 50-day simple moving average is $6.57 and its 200 day simple moving average is $7.31. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.16. Mama's Creations, Inc. has a 52 week low of $5.50 and a 52 week high of $9.98.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last posted its quarterly earnings results on Tuesday, April 8th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $33.59 million for 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 analysts anticipate that Mama's Creations, Inc. will post 0.09 EPS for the current fiscal year.

About Mama's Creations

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.