D. E. Shaw & Co. Inc. bought a new stake in J Alexanders Holdings Inc (NYSE:JAX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,042 shares of the company’s stock, valued at approximately $113,000.

Several other institutional investors have also recently bought and sold shares of JAX. Marshall Wace LLP grew its position in J Alexanders by 1,999.1% during the first quarter. Marshall Wace LLP now owns 9,341 shares of the company’s stock worth $92,000 after buying an additional 8,896 shares in the last quarter. Alpine Global Management LLC acquired a new stake in shares of J Alexanders in the 2nd quarter valued at $236,000. Raymond James Trust N.A. boosted its holdings in shares of J Alexanders by 8.6% in the 2nd quarter. Raymond James Trust N.A. now owns 12,610 shares of the company’s stock valued at $141,000 after purchasing an additional 1,000 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of J Alexanders by 118.8% in the 2nd quarter. Wells Fargo & Company MN now owns 48,827 shares of the company’s stock valued at $548,000 after purchasing an additional 26,516 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of J Alexanders by 11.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 433,011 shares of the company’s stock valued at $4,860,000 after purchasing an additional 45,478 shares in the last quarter. 70.06% of the stock is currently owned by institutional investors.

Separately, Zacks Investment Research raised J Alexanders from a “sell” rating to a “hold” rating in a report on Friday, October 4th.

Shares of JAX stock traded down $0.36 during trading hours on Monday, reaching $9.95. The company’s stock had a trading volume of 5,873 shares, compared to its average volume of 175,786. The firm’s 50 day simple moving average is $11.54 and its 200-day simple moving average is $10.97. The company has a market capitalization of $152.10 million, a price-to-earnings ratio of 16.58 and a beta of 0.71. J Alexanders Holdings Inc has a fifty-two week low of $7.70 and a fifty-two week high of $12.01. The company has a quick ratio of 0.46, a current ratio of 0.55 and a debt-to-equity ratio of 0.64.

J Alexanders (NYSE:JAX) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.02). J Alexanders had a net margin of 2.56% and a return on equity of 8.42%. The firm had revenue of $62.23 million during the quarter. Sell-side analysts predict that J Alexanders Holdings Inc will post 0.6 earnings per share for the current year.

J Alexanders Company Profile

J. Alexander's Holdings, Inc, through its subsidiaries, owns and operates complementary upscale dining restaurants in the United States. It operates restaurants under various concepts, including J. Alexander's, Redlands Grill, Lyndhurst Grill, Overland Park Grill, and River Steakhouse and Grill.

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Institutional Ownership by Quarter for J Alexanders (NYSE:JAX)

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