Virtu KCG Holdings LLC boosted its stake in Jack In The Box Inc. (NASDAQ:JACK) by 36.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,110 shares of the restaurant operator’s stock after purchasing an additional 2,178 shares during the period. Virtu KCG Holdings LLC’s holdings in Jack In The Box were worth $799,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JACK. FNY Managed Accounts LLC acquired a new stake in Jack In The Box in the 1st quarter valued at $108,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Jack In The Box by 61.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,585 shares of the restaurant operator’s stock valued at $156,000 after purchasing an additional 601 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Jack In The Box by 17.8% in the 2nd quarter. Victory Capital Management Inc. now owns 1,875 shares of the restaurant operator’s stock valued at $185,000 after purchasing an additional 283 shares in the last quarter. Riverhead Capital Management LLC increased its holdings in Jack In The Box by 61.3% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,097 shares of the restaurant operator’s stock valued at $207,000 after purchasing an additional 797 shares in the last quarter. Finally, Creative Planning increased its holdings in Jack In The Box by 27.9% in the 2nd quarter. Creative Planning now owns 2,290 shares of the restaurant operator’s stock valued at $226,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Jack In The Box Inc. (JACK) opened at 100.39 on Thursday. The company has a market cap of $2.95 billion, a PE ratio of 23.16 and a beta of 0.58. The stock’s 50 day moving average is $96.50 and its 200 day moving average is $99.48. Jack In The Box Inc. has a 12 month low of $90.89 and a 12 month high of $113.30.

Jack In The Box (NASDAQ:JACK) last posted its quarterly earnings data on Wednesday, August 9th. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.06). Jack In The Box had a negative return on equity of 37.83% and a net margin of 8.51%. The company had revenue of $357.80 million for the quarter, compared to the consensus estimate of $360.84 million. During the same quarter in the previous year, the firm posted $1.07 EPS. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. Equities analysts predict that Jack In The Box Inc. will post $4.05 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 5th. Stockholders of record on Tuesday, August 22nd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, August 18th. This represents a $1.60 annualized dividend and a dividend yield of 1.59%. Jack In The Box’s payout ratio is 36.70%.

A number of equities analysts have weighed in on JACK shares. TheStreet raised shares of Jack In The Box from a “c+” rating to a “b-” rating in a research report on Thursday, June 15th. Bank of America Corporation reissued a “buy” rating and issued a $118.00 price objective (down from $120.00) on shares of Jack In The Box in a research report on Tuesday, June 13th. Jefferies Group LLC reissued a “buy” rating and issued a $120.00 price objective on shares of Jack In The Box in a research report on Thursday, July 27th. Wedbush reissued a “buy” rating on shares of Jack In The Box in a research report on Friday, August 11th. Finally, Robert W. Baird reissued a “buy” rating and issued a $115.00 price objective on shares of Jack In The Box in a research report on Tuesday, September 19th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $114.15.

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Jack In The Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas.

Institutional Ownership by Quarter for Jack In The Box (NASDAQ:JACK)

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