Dimensional Fund Advisors LP raised its stake in shares of J & J Snack Foods Corp. (NASDAQ:JJSF) by 0.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 440,420 shares of the company’s stock after buying an additional 1,274 shares during the period. Dimensional Fund Advisors LP owned 2.35% of J & J Snack Foods Corp. worth $59,703,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. State Street Corp raised its stake in shares of J & J Snack Foods Corp. by 9.5% in the fourth quarter. State Street Corp now owns 341,346 shares of the company’s stock valued at $45,551,000 after buying an additional 29,576 shares during the last quarter. Bank of Montreal Can raised its stake in shares of J & J Snack Foods Corp. by 8.5% in the first quarter. Bank of Montreal Can now owns 1,319 shares of the company’s stock valued at $179,000 after buying an additional 103 shares during the last quarter. Guggenheim Capital LLC acquired a new stake in shares of J & J Snack Foods Corp. during the fourth quarter valued at approximately $1,918,000. Alliancebernstein L.P. raised its stake in shares of J & J Snack Foods Corp. by 58.7% in the first quarter. Alliancebernstein L.P. now owns 36,114 shares of the company’s stock valued at $4,896,000 after buying an additional 13,352 shares during the last quarter. Finally, Capital Impact Advisors LLC raised its stake in shares of J & J Snack Foods Corp. by 61.1% in the first quarter. Capital Impact Advisors LLC now owns 13,578 shares of the company’s stock valued at $1,841,000 after buying an additional 5,152 shares during the last quarter. 67.85% of the stock is currently owned by institutional investors.

Shares of J & J Snack Foods Corp. (NASDAQ JJSF) traded down 1.28% during mid-day trading on Thursday, hitting $127.54. The stock had a trading volume of 85,057 shares. The stock has a 50 day moving average price of $132.41 and a 200-day moving average price of $132.57. J & J Snack Foods Corp. has a 52-week low of $102.81 and a 52-week high of $143.21. The company has a market cap of $2.39 billion, a PE ratio of 31.65 and a beta of 0.72.

J & J Snack Foods Corp. (NASDAQ:JJSF) last posted its quarterly earnings data on Monday, July 24th. The company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.49 by $0.15. J & J Snack Foods Corp. had a return on equity of 11.55% and a net margin of 7.33%. The firm had revenue of $295.40 million for the quarter, compared to analysts’ expectations of $297.83 million. During the same quarter in the previous year, the firm posted $1.43 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, equities analysts expect that J & J Snack Foods Corp. will post $4.29 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 6th. Shareholders of record on Wednesday, June 21st were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.32%. The ex-dividend date was Monday, June 19th. J & J Snack Foods Corp.’s payout ratio is 41.90%.

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Several analysts have commented on JJSF shares. Zacks Investment Research lowered J & J Snack Foods Corp. from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 26th. BidaskClub raised J & J Snack Foods Corp. from a “sell” rating to a “hold” rating in a research note on Monday, July 24th.

In other J & J Snack Foods Corp. news, insider Robert Joseph Pape sold 3,000 shares of J & J Snack Foods Corp. stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $131.29, for a total transaction of $393,870.00. Following the transaction, the insider now directly owns 15,221 shares in the company, valued at approximately $1,998,365.09. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 21.00% of the company’s stock.

About J & J Snack Foods Corp.

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 Corp. (NASDAQ:JJSF)

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