Fuller & Thaler Asset Management Inc. grew its holdings in Bob Evans Farms, Inc. (NASDAQ:BOBE) by 28.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 70,800 shares of the restaurant operator’s stock after buying an additional 15,800 shares during the period. Fuller & Thaler Asset Management Inc. owned 0.35% of Bob Evans Farms worth $5,488,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Flinton Capital Management LLC raised its holdings in shares of Bob Evans Farms by 60.0% in the second quarter. Flinton Capital Management LLC now owns 1,408 shares of the restaurant operator’s stock valued at $101,000 after buying an additional 528 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Bob Evans Farms in the second quarter valued at about $101,000. PNC Financial Services Group Inc. raised its holdings in shares of Bob Evans Farms by 4.2% in the first quarter. PNC Financial Services Group Inc. now owns 1,680 shares of the restaurant operator’s stock valued at $109,000 after buying an additional 68 shares during the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of Bob Evans Farms by 7.1% in the second quarter. Ameritas Investment Partners Inc. now owns 1,740 shares of the restaurant operator’s stock valued at $125,000 after buying an additional 115 shares during the last quarter. Finally, Creative Planning raised its holdings in shares of Bob Evans Farms by 65.4% in the second quarter. Creative Planning now owns 1,925 shares of the restaurant operator’s stock valued at $138,000 after buying an additional 761 shares during the last quarter. 81.75% of the stock is owned by institutional investors and hedge funds.

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A number of equities research analysts have recently commented on BOBE shares. Zacks Investment Research raised shares of Bob Evans Farms from a “hold” rating to a “buy” rating and set a $77.00 target price for the company in a report on Monday, September 4th. Sidoti started coverage on shares of Bob Evans Farms in a report on Wednesday, August 23rd. They issued a “neutral” rating and a $76.00 target price for the company. Maxim Group reaffirmed a “buy” rating and issued a $77.00 target price on shares of Bob Evans Farms in a report on Wednesday, August 30th. William Blair cut shares of Bob Evans Farms from an “outperform” rating to a “market perform” rating in a report on Friday, September 22nd. Finally, CJS Securities started coverage on shares of Bob Evans Farms in a report on Wednesday, September 20th. They issued an “outperform” rating and a $85.00 target price for the company. Nine research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $76.05.

Bob Evans Farms, Inc. (NASDAQ:BOBE) opened at $77.60 on Friday. The stock has a market cap of $1,555.66, a PE ratio of 33.89 and a beta of 0.55. Bob Evans Farms, Inc. has a 1-year low of $43.96 and a 1-year high of $78.18. The company has a current ratio of 1.11, a quick ratio of 0.83 and a debt-to-equity ratio of 0.52.

Bob Evans Farms (NASDAQ:BOBE) last posted its quarterly earnings results on Wednesday, August 30th. The restaurant operator reported $0.37 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.37. The firm had revenue of $109.30 million during the quarter, compared to analysts’ expectations of $102.29 million. Bob Evans Farms had a net margin of 19.49% and a return on equity of 19.52%. The firm’s revenue for the quarter was up 27.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 earnings per share. analysts predict that Bob Evans Farms, Inc. will post 2.21 EPS for the current fiscal year.

About Bob Evans Farms

Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company’s food products are distributed to customers throughout the United States.

Institutional Ownership by Quarter for Bob Evans Farms (NASDAQ:BOBE)

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