California Public Employees Retirement System lifted its stake in J & J Snack Foods Corp (NASDAQ:JJSF) by 7.2% in the third quarter, HoldingsChannel.com reports. The firm owned 22,625 shares of the company’s stock after purchasing an additional 1,525 shares during the period. California Public Employees Retirement System’s holdings in J & J Snack Foods were worth $2,971,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in JJSF. Janus Henderson Group PLC boosted its position in shares of J & J Snack Foods by 128.9% in the 2nd quarter. Janus Henderson Group PLC now owns 444,376 shares of the company’s stock valued at $58,690,000 after purchasing an additional 250,275 shares during the period. Macquarie Group Ltd. boosted its position in shares of J & J Snack Foods by 11.3% in the 2nd quarter. Macquarie Group Ltd. now owns 655,937 shares of the company’s stock valued at $86,630,000 after purchasing an additional 66,474 shares during the period. WINTON GROUP Ltd purchased a new stake in J & J Snack Foods in the 3rd quarter worth about $5,883,000. Renaissance Technologies LLC lifted its stake in J & J Snack Foods by 8.4% in the 2nd quarter. Renaissance Technologies LLC now owns 381,800 shares of the company’s stock worth $50,424,000 after acquiring an additional 29,700 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in J & J Snack Foods in the 3rd quarter worth about $3,475,000. Institutional investors and hedge funds own 68.67% of the company’s stock.

Several equities research analysts recently issued reports on JJSF shares. Zacks Investment Research raised J & J Snack Foods from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Jefferies Group set a $125.00 price objective on J & J Snack Foods and gave the stock a “hold” rating in a research note on Sunday, October 29th. CL King started coverage on J & J Snack Foods in a research note on Tuesday, December 19th. They issued a “buy” rating for the company. Finally, BidaskClub downgraded J & J Snack Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th.

Shares of J & J Snack Foods Corp (NASDAQ JJSF) opened at $146.50 on Monday. The stock has a market capitalization of $2,730.00, a PE ratio of 34.80 and a beta of 0.81. J & J Snack Foods Corp has a one year low of $121.20 and a one year high of $157.33.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Wednesday, December 13th were paid a $0.45 dividend. 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 1.23%. The ex-dividend date was Tuesday, December 12th. J & J Snack Foods’s dividend payout ratio is currently 42.76%.

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J & J Snack Foods Company Profile

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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