Virginia Retirement Systems ET AL trimmed its position in J & J Snack Foods Corp. (NASDAQ:JJSF) by 3.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,400 shares of the company’s stock after selling 500 shares during the period. Virginia Retirement Systems ET AL owned approximately 0.07% of J & J Snack Foods worth $1,628,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC lifted its position in shares of J & J Snack Foods by 128.9% during the 2nd quarter. Janus Henderson Group PLC now owns 444,376 shares of the company’s stock valued at $58,690,000 after acquiring an additional 250,275 shares during the last quarter. Macquarie Group Ltd. lifted its position in shares of J & J Snack Foods by 11.3% during the 2nd quarter. Macquarie Group Ltd. now owns 655,937 shares of the company’s stock valued at $86,630,000 after acquiring an additional 66,474 shares during the last quarter. Aberdeen Asset Management PLC UK lifted its position in shares of J & J Snack Foods by 21.3% during the 2nd quarter. Aberdeen Asset Management PLC UK now owns 274,425 shares of the company’s stock valued at $36,244,000 after acquiring an additional 48,273 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of J & J Snack Foods by 8.4% during the 2nd quarter. Renaissance Technologies LLC now owns 381,800 shares of the company’s stock valued at $50,424,000 after acquiring an additional 29,700 shares during the last quarter. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of J & J Snack Foods during the 3rd quarter valued at $3,475,000. Hedge funds and other institutional investors own 70.21% of the company’s stock.

Shares of J & J Snack Foods Corp. (NASDAQ JJSF) opened at $149.39 on Wednesday. J & J Snack Foods Corp. has a one year low of $121.20 and a one year high of $154.02. The stock has a market cap of $2,800.91, a price-to-earnings ratio of 35.73 and a beta of 0.81.

J & J Snack Foods (NASDAQ:JJSF) last announced its earnings results on Thursday, November 9th. The company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.04. J & J Snack Foods had a net margin of 7.30% and a return on equity of 11.91%. The company had revenue of $316.73 million for the quarter, compared to the consensus estimate of $287.91 million. During the same period in the previous year, the business earned $1.10 EPS. The company’s revenue was up 20.8% on a year-over-year basis. equities research analysts anticipate that J & J Snack Foods Corp. will post 4.45 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Wednesday, December 13th will be paid a dividend of $0.45 per share. This is an increase from J & J Snack Foods’s previous quarterly dividend of $0.42. This represents a $1.80 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, December 12th. J & J Snack Foods’s payout ratio is 40.00%.

A number of brokerages have recently commented on JJSF. Zacks Investment Research downgraded J & J Snack Foods from a “hold” rating to a “sell” rating in a research report on Saturday, November 18th. Jefferies Group set a $130.00 price objective on J & J Snack Foods and gave the company a “hold” rating in a research report on Thursday, November 16th.

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About J & J Snack Foods

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.

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Institutional Ownership by Quarter for J & J Snack Foods (NASDAQ:JJSF)

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