J&J Snack Foods (NASDAQ:JJSF) Sets New 52-Week Low at $133.23

J&J Snack Foods Corp. (NASDAQ:JJSF - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The stock traded as low as $133.23 and last traded at $134.02, with a volume of 3041 shares trading hands. The stock had previously closed at $134.40.

J&J Snack Foods Trading Up 0.5 %

The firm has a market capitalization of $2.62 billion, a PE ratio of 32.85 and a beta of 0.52. The company has a quick ratio of 1.36, a current ratio of 2.40 and a debt-to-equity ratio of 0.01. The business's fifty day moving average price is $142.79 and its 200 day moving average price is $155.45.

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 for the quarter, compared to analysts' expectations of $363.54 million. J&J Snack Foods had a return on equity of 9.98% and a net margin of 5.11%. As a group, analysts expect that J&J Snack Foods Corp. will post 5.06 EPS for the current fiscal year.

J&J Snack Foods Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.735 per share. The ex-dividend date was Monday, March 18th. This represents a $2.94 dividend on an annualized basis and a dividend yield of 2.18%. J&J Snack Foods's dividend payout ratio (DPR) is presently 71.53%.

Insider Transactions at J&J Snack Foods

In other news, Director Marjorie Shreiber Roshkoff sold 625 shares of J&J Snack Foods stock in a transaction dated Thursday, February 15th. The shares were 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 22.20% of the company's stock.

Institutional Investors Weigh In On J&J Snack Foods

Several hedge funds have recently modified their holdings of the stock. Arizona State Retirement System boosted its position in shares of J&J Snack Foods by 1.5% in the third quarter. Arizona State Retirement System now owns 4,385 shares of the company's stock worth $718,000 after acquiring an additional 64 shares during the last quarter. Royal Bank of Canada lifted its position in J&J Snack Foods by 1.2% during the second quarter. Royal Bank of Canada now owns 7,290 shares of the company's stock valued at $1,154,000 after buying an additional 86 shares in the last quarter. Evergreen Capital Management LLC lifted its position in J&J Snack Foods by 6.7% during the third quarter. Evergreen Capital Management LLC now owns 1,450 shares of the company's stock valued at $238,000 after buying an additional 91 shares in the last quarter. Captrust Financial Advisors lifted its position in J&J Snack Foods by 4.3% during the second quarter. Captrust Financial Advisors now owns 2,191 shares of the company's stock valued at $307,000 after buying an additional 91 shares in the last quarter. Finally, FMR LLC lifted its position in J&J Snack Foods by 15.6% during the second quarter. FMR LLC now owns 717 shares of the company's stock valued at $100,000 after buying an additional 97 shares in the last quarter. 76.04% of the stock is owned by institutional investors and hedge funds.

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.