Algert Global LLC Has $1.33 Million Position in J & J Snack Foods Corp (JJSF)

Algert Global LLC grew its holdings in J & J Snack Foods Corp (NASDAQ:JJSF) by 341.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,763 shares of the company’s stock after buying an additional 6,777 shares during the period. Algert Global LLC’s holdings in J & J Snack Foods were worth $1,330,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in J & J Snack Foods by 1.5% during the second quarter. Vanguard Group Inc. now owns 1,526,892 shares of the company’s stock worth $201,656,000 after buying an additional 22,527 shares during the period. Macquarie Group Ltd. boosted its stake in J & J Snack Foods by 9.0% during the third quarter. Macquarie Group Ltd. now owns 714,802 shares of the company’s stock worth $93,854,000 after buying an additional 58,865 shares during the period. Westwood Holdings Group Inc. boosted its stake in J & J Snack Foods by 2.6% during the second quarter. Westwood Holdings Group Inc. now owns 480,929 shares of the company’s stock worth $63,463,000 after buying an additional 12,394 shares during the period. Janus Henderson Group PLC boosted its stake in J & J Snack Foods by 128.9% during the second quarter. Janus Henderson Group PLC now owns 444,376 shares of the company’s stock worth $58,690,000 after buying an additional 250,275 shares during the period. Finally, State Street Corp boosted its stake in J & J Snack Foods by 4.7% during the second quarter. State Street Corp now owns 382,415 shares of the company’s stock worth $50,508,000 after buying an additional 16,999 shares during the period. Institutional investors and hedge funds own 68.61% of the company’s stock.

Several research analysts have weighed in on JJSF shares. Zacks Investment Research lowered shares of J & J Snack Foods from a “hold” rating to a “sell” rating in a research note on Saturday, November 18th. CL King began coverage on shares of J & J Snack Foods in a research note on Tuesday, December 19th. They set a “buy” rating for the company. Jefferies Group set a $125.00 price target on shares of J & J Snack Foods and gave the stock a “hold” rating in a research report on Sunday, October 29th. Finally, BidaskClub cut shares of J & J Snack Foods from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd.

Shares of J & J Snack Foods Corp (JJSF) opened at $133.89 on Friday. The stock has a market cap of $2,500.80, a PE ratio of 24.70 and a beta of 0.65. J & J Snack Foods Corp has a 1 year low of $121.20 and a 1 year high of $157.33.

J & J Snack Foods (NASDAQ:JJSF) last issued its quarterly earnings results on Monday, January 29th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.80 by ($0.02). The business had revenue of $265.20 million for the quarter, compared to analyst estimates of $253.95 million. J & J Snack Foods had a return on equity of 11.79% and a net margin of 9.07%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.72 EPS. research analysts anticipate that J & J Snack Foods Corp will post 4.93 earnings per share for the current fiscal year.

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J & J Snack Foods Company Profile

J & J Snack Foods Corp. is a manufacturer, marketer and distributor of a range of snack foods and beverages for the food service and retail supermarket industries. The Company operates in three business segments: Food Service, Retail Supermarkets and Frozen Beverages. Its portfolio of products includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies and bakery goods, and other snack foods and drinks.

Institutional Ownership by Quarter for J & J Snack Foods (NASDAQ:JJSF)

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