Russell Investments Group Ltd. Has $12.88 Million Stock Holdings in J&J Snack Foods Corp. (NASDAQ:JJSF)

Russell Investments Group Ltd. decreased its holdings in shares of J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 18.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,087 shares of the company's stock after selling 17,894 shares during the quarter. Russell Investments Group Ltd. owned about 0.40% of J&J Snack Foods worth $12,884,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Operose Advisors LLC acquired a new stake in J&J Snack Foods in the third quarter valued at approximately $28,000. Headlands Technologies LLC acquired a new stake in J&J Snack Foods during the 3rd quarter valued at $32,000. Quantbot Technologies LP purchased a new stake in J&J Snack Foods during the 3rd quarter worth $69,000. International Assets Investment Management LLC acquired a new position in J&J Snack Foods in the 4th quarter worth $196,000. Finally, Evergreen Capital Management LLC boosted its position in J&J Snack Foods by 6.7% in the 3rd 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 during the last quarter. 76.04% of the stock is owned by hedge funds and other institutional investors.

J&J Snack Foods Stock Up 0.5 %

Shares of J&J Snack Foods stock traded up $0.72 during trading hours on Friday, hitting $138.24. 60,008 shares of the company's stock traded hands, compared to its average volume of 76,267. J&J Snack Foods Corp. has a twelve month low of $133.23 and a twelve month high of $177.71. The company has a market cap of $2.68 billion, a PE ratio of 33.64 and a beta of 0.54. 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 stock has a 50 day simple moving average of $140.36 and a 200-day simple moving average of $153.57.

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

J&J Snack Foods Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Tuesday, March 19th were given a dividend of $0.735 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $2.94 annualized dividend and a dividend yield of 2.13%. J&J Snack Foods's payout ratio is 71.53%.

Insider Buying and Selling

In other J&J Snack Foods news, Director Marjorie Shreiber Roshkoff sold 625 shares of the company's stock in a transaction that occurred 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 sale, the director now owns 69,459 shares in the company, valued at $10,261,178.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 22.20% 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.