Nathan's Famous, Inc. (NASDAQ:NATH - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $88.03 and traded as high as $96.63. Nathan's Famous shares last traded at $96.04, with a volume of 4,347 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Nathan's Famous from a "strong-buy" rating to a "buy" rating in a research report on Friday, April 18th.
Read Our Latest Research Report on NATH
Nathan's Famous Price Performance
The stock has a market cap of $393.77 million, a PE ratio of 16.60 and a beta of 0.21. The company's fifty day moving average is $95.42 and its 200-day moving average is $88.34.
Nathan's Famous (NASDAQ:NATH - Get Free Report) last posted its earnings results on Thursday, February 6th. The restaurant operator reported $1.10 earnings per share for the quarter. Nathan's Famous had a net margin of 16.19% and a negative return on equity of 96.05%.
Nathan's Famous Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date was Tuesday, February 18th. Nathan's Famous's dividend payout ratio is presently 34.48%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NATH. Barclays PLC increased its stake in shares of Nathan's Famous by 271.3% in the 3rd quarter. Barclays PLC now owns 4,084 shares of the restaurant operator's stock worth $330,000 after acquiring an additional 2,984 shares during the last quarter. Geode Capital Management LLC increased its position in Nathan's Famous by 3.3% during the third quarter. Geode Capital Management LLC now owns 63,252 shares of the restaurant operator's stock worth $5,118,000 after purchasing an additional 2,011 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Nathan's Famous by 125.5% during the third quarter. JPMorgan Chase & Co. now owns 4,744 shares of the restaurant operator's stock worth $384,000 after purchasing an additional 2,640 shares during the period. Annex Advisory Services LLC boosted its holdings in Nathan's Famous by 21.9% in the 4th quarter. Annex Advisory Services LLC now owns 17,953 shares of the restaurant operator's stock valued at $1,411,000 after purchasing an additional 3,221 shares during the last quarter. Finally, Ellsworth Advisors LLC purchased a new stake in shares of Nathan's Famous in the 4th quarter valued at approximately $589,000. Hedge funds and other institutional investors own 66.54% of the company's stock.
About Nathan's Famous
(
Get Free Report)
Nathan's Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan's Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.
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