Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) released its quarterly earnings data on Thursday. The company reported $0.14 EPS for the quarter, Bloomberg Earnings reports. Rocky Mountain Chocolate Factory had a return on equity of 18.35% and a net margin of 9.01%. The company had revenue of $9.35 million during the quarter.

Shares of Rocky Mountain Chocolate Factory (RMCF) opened at 11.6355 on Friday. The company has a market capitalization of $68.11 million, a P/E ratio of 20.0612 and a beta of 0.90. Rocky Mountain Chocolate Factory has a 1-year low of $9.65 and a 1-year high of $13.23. The firm’s 50 day moving average price is $11.78 and its 200-day moving average price is $11.37.

The company also recently declared a quarterly dividend, which was paid on Friday, June 16th. Shareholders of record on Tuesday, June 6th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, June 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.13%. Rocky Mountain Chocolate Factory’s dividend payout ratio is currently 84.21%.

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Several hedge funds and other institutional investors have recently made changes to their positions in RMCF. Renaissance Technologies LLC boosted its position in shares of Rocky Mountain Chocolate Factory by 2.3% in the fourth quarter. Renaissance Technologies LLC now owns 488,185 shares of the company’s stock valued at $4,975,000 after buying an additional 11,000 shares during the last quarter. Rice Hall James & Associates LLC boosted its position in shares of Rocky Mountain Chocolate Factory by 41.8% in the first quarter. Rice Hall James & Associates LLC now owns 43,954 shares of the company’s stock valued at $496,000 after buying an additional 12,963 shares during the last quarter. Cardinal Capital Management boosted its position in shares of Rocky Mountain Chocolate Factory by 2.3% in the first quarter. Cardinal Capital Management now owns 32,270 shares of the company’s stock valued at $364,000 after buying an additional 727 shares during the last quarter. North Star Investment Management Corp. boosted its position in shares of Rocky Mountain Chocolate Factory by 27.2% in the first quarter. North Star Investment Management Corp. now owns 127,650 shares of the company’s stock valued at $1,440,000 after buying an additional 27,300 shares during the last quarter. Finally, LSV Asset Management boosted its position in shares of Rocky Mountain Chocolate Factory by 319.4% in the first quarter. LSV Asset Management now owns 26,600 shares of the company’s stock valued at $300,000 after buying an additional 20,258 shares during the last quarter. Hedge funds and other institutional investors own 38.50% of the company’s stock.

About Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.

Earnings History for Rocky Mountain Chocolate Factory (NASDAQ:RMCF)

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