International Assets Investment Management LLC Takes Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

International Assets Investment Management LLC acquired a new stake in J&J Snack Foods Corp. (NASDAQ:JJSF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,170 shares of the company’s stock, valued at approximately $196,000.

Several other hedge funds also recently modified their holdings of JJSF. Operose Advisors LLC bought a new position in shares of J&J Snack Foods in the 3rd quarter valued at about $28,000. Headlands Technologies LLC bought a new position in J&J Snack Foods during the third quarter worth about $32,000. Quantbot Technologies LP bought a new position in J&J Snack Foods during the third quarter worth about $69,000. Evergreen Capital Management LLC grew its holdings in J&J Snack Foods by 6.7% during the third quarter. Evergreen Capital Management LLC now owns 1,450 shares of the company’s stock worth $238,000 after purchasing an additional 91 shares during the period. Finally, Versor Investments LP bought a new position in J&J Snack Foods during the third quarter worth about $245,000. Institutional investors own 76.04% of the company’s stock.

J&J Snack Foods Trading Down 1.5 %

J&J Snack Foods stock opened at $136.67 on Monday. J&J Snack Foods Corp. has a 52 week low of $133.23 and a 52 week high of $177.71. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.36 and a current ratio of 2.40. The stock has a market capitalization of $2.65 billion, a P/E ratio of 33.25 and a beta of 0.52. The stock has a 50-day simple moving average of $141.16 and a 200 day simple moving average of $154.15.

J&J Snack Foods (NASDAQ:JJSF) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.35). J&J Snack Foods had a return on equity of 9.98% and a net margin of 5.11%. The business had revenue of $348.31 million for the quarter, compared to the consensus estimate of $363.54 million. Analysts expect that J&J Snack Foods Corp. will post 5.06 earnings per share for the current year.

J&J Snack Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Tuesday, March 19th were issued a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Monday, March 18th. J&J Snack Foods’s payout ratio is currently 71.53%.

Insider Buying and Selling

In related news, Director Marjorie Shreiber Roshkoff sold 625 shares of J&J Snack Foods stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $147.73, for a total transaction of $92,331.25. Following the completion of the transaction, the director now owns 69,459 shares in the company, valued at $10,261,178.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 22.20% of the stock is currently owned by corporate insiders.

J&J Snack Foods 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.