J&J Snack Foods Corp. (NASDAQ:JJSF) Holdings Boosted by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 40.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,279 shares of the company's stock after acquiring an additional 3,246 shares during the quarter. BNP Paribas Financial Markets owned 0.06% of J&J Snack Foods worth $1,941,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of J&J Snack Foods by 603.8% during the second quarter. GAMMA Investing LLC now owns 366 shares of the company's stock valued at $59,000 after purchasing an additional 314 shares during the last quarter. Blue Trust Inc. increased its position in J&J Snack Foods by 39,000.0% in the third quarter. Blue Trust Inc. now owns 391 shares of the company's stock worth $63,000 after buying an additional 390 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in J&J Snack Foods in the second quarter valued at $76,000. Canada Pension Plan Investment Board bought a new position in shares of J&J Snack Foods during the second quarter worth about $114,000. Finally, nVerses Capital LLC acquired a new stake in shares of J&J Snack Foods in the 3rd quarter worth about $120,000. 76.04% of the stock is currently owned by institutional investors.

J&J Snack Foods Stock Down 1.0 %

J&J Snack Foods stock traded down $1.70 during mid-day trading on Friday, hitting $166.92. 52,069 shares of the company's stock traded hands, compared to its average volume of 74,513. J&J Snack Foods Corp. has a one year low of $133.23 and a one year high of $180.80. The company has a market cap of $3.24 billion, a PE ratio of 37.51 and a beta of 0.64. The firm has a 50 day moving average price of $169.19 and a 200 day moving average price of $167.53.

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

J&J Snack Foods Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $3.12 annualized dividend and a yield of 1.87%. J&J Snack Foods's dividend payout ratio is currently 70.11%.

Wall Street Analysts Forecast Growth

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

J&J Snack Foods 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.