Barclays PLC Has $5.18 Million Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

Barclays PLC increased its position in shares of J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 434.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,065 shares of the company's stock after purchasing an additional 24,435 shares during the quarter. Barclays PLC owned approximately 0.15% of J&J Snack Foods worth $5,175,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its holdings in shares of J&J Snack Foods by 39,000.0% during the third quarter. Blue Trust Inc. now owns 391 shares of the company's stock worth $63,000 after buying an additional 390 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in J&J Snack Foods during the 2nd quarter valued at $76,000. GAMMA Investing LLC raised its position in J&J Snack Foods by 24.0% in the 3rd quarter. GAMMA Investing LLC now owns 454 shares of the company's stock valued at $78,000 after purchasing an additional 88 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in J&J Snack Foods in the second quarter worth $114,000. Finally, nVerses Capital LLC bought a new stake in shares of J&J Snack Foods during the third quarter worth $120,000. 76.04% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Benchmark reiterated a "buy" rating and set a $200.00 price target on shares of J&J Snack Foods in a research report on Friday, November 15th.

J&J Snack Foods Stock Down 0.4 %

JJSF stock traded down $0.65 during trading on Friday, hitting $160.13. The company had a trading volume of 341,778 shares, compared to its average volume of 86,337. The firm has a 50-day moving average price of $168.61 and a 200-day moving average price of $167.76. J&J Snack Foods Corp. has a 12 month low of $133.23 and a 12 month high of $180.80. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 35.98 and a beta of 0.64.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last issued its quarterly earnings results on Wednesday, November 13th. The company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.85 by ($0.25). The firm had revenue of $426.76 million for the quarter, compared to analyst estimates of $428.33 million. J&J Snack Foods had a net margin of 5.50% and a return on equity of 10.32%. The company's revenue was down 3.9% compared to the same quarter last year. During the same period last year, the company earned $1.73 EPS. Equities analysts expect that J&J Snack Foods Corp. will post 5.49 EPS for the current year.

J&J Snack Foods Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th will be paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Tuesday, December 17th. J&J Snack Foods's dividend payout ratio (DPR) is 70.11%.

J&J Snack Foods Company Profile

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.