J&J Snack Foods (NASDAQ:JJSF) Sets New 1-Year Low at $135.80

J&J Snack Foods Corp. (NASDAQ:JJSF - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $135.80 and last traded at $135.80, with a volume of 3783 shares trading hands. The stock had previously closed at $138.55.

J&J Snack Foods Price Performance

The company has a 50 day moving average price of $144.86 and a 200 day moving average price of $156.45. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 33.02 and a beta of 0.52. The company has a current ratio of 2.40, a quick ratio of 1.36 and a debt-to-equity ratio of 0.01.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last issued its quarterly earnings results on Monday, February 5th. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.35). The firm had revenue of $348.31 million during the quarter, compared to the consensus estimate of $363.54 million. J&J Snack Foods had a net margin of 5.11% and a return on equity of 9.98%. As a group, equities research analysts forecast that J&J Snack Foods Corp. will post 5.06 earnings per share for the current year.

J&J Snack Foods Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Tuesday, March 19th were paid a $0.735 dividend. The ex-dividend date was Monday, March 18th. This represents a $2.94 annualized dividend and a yield of 2.18%. J&J Snack Foods's dividend payout ratio is 71.53%.

Insider Activity

In other J&J Snack Foods news, Director Marjorie Shreiber Roshkoff sold 625 shares of the company's stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $147.73, for a total transaction of $92,331.25. Following the completion of the sale, the director now directly owns 69,459 shares in the company, valued at $10,261,178.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 22.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On J&J Snack Foods

Several hedge funds have recently modified their holdings of JJSF. Confluence Investment Management LLC bought a new stake in shares of J&J Snack Foods in the 1st quarter worth approximately $8,909,000. Quadrature Capital Ltd increased its holdings in shares of J&J Snack Foods by 11.3% in the fourth quarter. Quadrature Capital Ltd now owns 1,680 shares of the company's stock worth $281,000 after purchasing an additional 170 shares during the period. Vanguard Group Inc. increased its stake in J&J Snack Foods by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 1,564,927 shares of the company's stock valued at $261,562,000 after acquiring an additional 16,503 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in J&J Snack Foods by 234.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 73,831 shares of the company's stock valued at $12,340,000 after acquiring an additional 51,778 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in J&J Snack Foods in the fourth quarter valued at $248,000. Institutional investors own 76.04% of the company's stock.

J&J Snack Foods Company Profile

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.