Manatuck Hill Partners LLC decreased its holdings in shares of Mama's Creations, Inc. (NASDAQ:MAMA - Free Report) by 22.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 620,000 shares of the company's stock after selling 180,000 shares during the period. Mama's Creations makes up approximately 2.0% of Manatuck Hill Partners LLC's investment portfolio, making the stock its 13th largest holding. Manatuck Hill Partners LLC owned 1.65% of Mama's Creations worth $4,935,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD boosted its position in Mama's Creations by 19.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,622 shares of the company's stock valued at $101,000 after buying an additional 2,073 shares during the last quarter. SG Americas Securities LLC raised its position in Mama's Creations by 25.2% during the fourth quarter. SG Americas Securities LLC now owns 15,380 shares of the company's stock worth $122,000 after acquiring an additional 3,093 shares during the period. PEAK6 LLC acquired a new stake in shares of Mama's Creations in the fourth quarter valued at about $137,000. Tocqueville Asset Management L.P. purchased a new stake in shares of Mama's Creations during the fourth quarter worth about $141,000. Finally, Sharpepoint LLC acquired a new position in shares of Mama's Creations during the 4th quarter worth about $147,000. Hedge funds and other institutional investors own 45.18% of the company's stock.
Mama's Creations Price Performance
MAMA stock traded up $0.12 during trading on Wednesday, hitting $6.66. The stock had a trading volume of 71,297 shares, compared to its average volume of 343,055. The company's 50-day moving average price is $6.41 and its two-hundred day moving average price is $7.38. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.17 and a quick ratio of 1.00. The stock has a market capitalization of $250.39 million, a P/E ratio of 74.01 and a beta of 0.64. Mama's Creations, Inc. has a twelve month low of $5.50 and a twelve month high of $9.98.
Mama's Creations (NASDAQ:MAMA - Get Free Report) last issued its earnings results on Tuesday, April 8th. The company reported $0.04 earnings per share 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 analysts' expectations 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, research analysts predict that Mama's Creations, Inc. will post 0.09 EPS for the current fiscal year.
About Mama's Creations
(
Free Report)
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.
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