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GSA Capital Partners LLP Has $2.76 Million Stock Position in Jack in the Box Inc. (NASDAQ:JACK)

Jack in the Box logo with Retail/Wholesale background

GSA Capital Partners LLP raised its position in Jack in the Box Inc. (NASDAQ:JACK - Free Report) by 777.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,809 shares of the restaurant operator's stock after purchasing an additional 29,957 shares during the quarter. GSA Capital Partners LLP owned about 0.17% of Jack in the Box worth $2,760,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Quadrant Capital Group LLC increased its position in Jack in the Box by 21.8% in the 4th quarter. Quadrant Capital Group LLC now owns 1,541 shares of the restaurant operator's stock valued at $126,000 after acquiring an additional 276 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Jack in the Box by 16.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 5,144 shares of the restaurant operator's stock valued at $420,000 after purchasing an additional 721 shares during the period. DekaBank Deutsche Girozentrale bought a new stake in shares of Jack in the Box during the third quarter valued at about $93,000. Phocas Financial Corp. lifted its holdings in Jack in the Box by 1.8% in the fourth quarter. Phocas Financial Corp. now owns 76,898 shares of the restaurant operator's stock worth $6,277,000 after purchasing an additional 1,375 shares during the period. Finally, Deutsche Bank AG grew its position in Jack in the Box by 3.0% in the 3rd quarter. Deutsche Bank AG now owns 54,107 shares of the restaurant operator's stock valued at $3,737,000 after buying an additional 1,597 shares in the last quarter. Institutional investors own 99.79% of the company's stock.


Jack in the Box Stock Down 1.2 %

Shares of Jack in the Box stock traded down $0.65 during trading on Friday, hitting $54.62. The stock had a trading volume of 737,912 shares, compared to its average volume of 483,277. The company has a market capitalization of $1.06 billion, a PE ratio of 9.76, a P/E/G ratio of 0.78 and a beta of 1.88. Jack in the Box Inc. has a 1 year low of $52.01 and a 1 year high of $99.56. The stock has a 50 day simple moving average of $56.32 and a 200 day simple moving average of $69.07.

Jack in the Box (NASDAQ:JACK - Get Free Report) last posted its quarterly earnings data on Tuesday, May 14th. The restaurant operator reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.03. The firm had revenue of $365.40 million for the quarter, compared to analysts' expectations of $369.53 million. Jack in the Box had a net margin of 7.07% and a negative return on equity of 16.97%. The company's quarterly revenue was down 7.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.47 EPS. As a group, equities analysts expect that Jack in the Box Inc. will post 6.31 earnings per share for the current fiscal year.

Jack in the Box Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 25th. Investors of record on Thursday, June 6th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Thursday, June 6th. Jack in the Box's dividend payout ratio is currently 30.99%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Truist Financial dropped their price target on shares of Jack in the Box from $99.00 to $83.00 and set a "buy" rating on the stock in a research report on Wednesday, May 15th. Bank of America dropped their target price on Jack in the Box from $87.00 to $83.00 and set a "buy" rating on the stock in a report on Wednesday, May 15th. Barclays decreased their price target on Jack in the Box from $80.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 15th. The Goldman Sachs Group began coverage on Jack in the Box in a research note on Thursday. They issued a "sell" rating and a $55.00 price objective on the stock. Finally, Loop Capital decreased their target price on Jack in the Box from $118.00 to $112.00 and set a "buy" rating for the company in a research note on Wednesday, May 15th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Jack in the Box has an average rating of "Hold" and a consensus target price of $75.94.

Get Our Latest Stock Report on JACK

Jack in the Box Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Jack in the Box (NASDAQ:JACK)

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