State of Tennessee Department of Treasury acquired a new position in shares of Nathan's Famous, Inc. (NASDAQ:NATH - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,737 shares of the restaurant operator's stock, valued at approximately $294,000. State of Tennessee Department of Treasury owned 0.09% of Nathan's Famous as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Barclays PLC boosted its holdings in Nathan's Famous by 11.5% during the 4th quarter. Barclays PLC now owns 4,555 shares of the restaurant operator's stock valued at $359,000 after acquiring an additional 471 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Nathan's Famous by 45.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,056 shares of the restaurant operator's stock valued at $162,000 after purchasing an additional 639 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in shares of Nathan's Famous by 27.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,697 shares of the restaurant operator's stock worth $291,000 after purchasing an additional 803 shares during the last quarter. SG Americas Securities LLC purchased a new position in Nathan's Famous in the 4th quarter worth about $109,000. Finally, Geode Capital Management LLC lifted its holdings in Nathan's Famous by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 63,252 shares of the restaurant operator's stock valued at $5,118,000 after buying an additional 2,011 shares in the last quarter. Institutional investors own 66.54% of the company's stock.
Nathan's Famous Stock Performance
NASDAQ NATH traded down $2.92 on Friday, reaching $99.06. 6,635 shares of the stock traded hands, compared to its average volume of 10,305. Nathan's Famous, Inc. has a 12 month low of $66.35 and a 12 month high of $104.96. The company has a fifty day moving average price of $95.12 and a 200-day moving average price of $89.00. The company has a market cap of $405.06 million, a price-to-earnings ratio of 17.08 and a beta of 0.32.
Nathan's Famous (NASDAQ:NATH - Get Free Report) last released its quarterly earnings data 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%.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Nathan's Famous from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd.
View Our Latest Report on Nathan's Famous
Nathan's Famous Profile
(
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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