Geneva Capital Management LLC increased its stake in shares of J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 1.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 526,660 shares of the company's stock after acquiring an additional 7,283 shares during the period. J&J Snack Foods makes up approximately 1.5% of Geneva Capital Management LLC's holdings, making the stock its 20th largest holding. Geneva Capital Management LLC owned about 2.71% of J&J Snack Foods worth $90,649,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sei Investments Co. grew its stake in J&J Snack Foods by 19.4% in the first quarter. Sei Investments Co. now owns 82,401 shares of the company's stock worth $11,912,000 after purchasing an additional 13,382 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of J&J Snack Foods in the 1st quarter worth about $3,197,000. Vanguard Group Inc. boosted its holdings in shares of J&J Snack Foods by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 1,636,305 shares of the company's stock valued at $236,544,000 after buying an additional 71,378 shares during the period. ProShare Advisors LLC grew its position in shares of J&J Snack Foods by 15.3% during the 1st quarter. ProShare Advisors LLC now owns 55,006 shares of the company's stock valued at $7,952,000 after buying an additional 7,315 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in J&J Snack Foods by 130.8% during the second quarter. Thrivent Financial for Lutherans now owns 535,831 shares of the company's stock worth $87,003,000 after acquiring an additional 303,673 shares during the period. Hedge funds and other institutional investors own 76.04% of the company's stock.
Insider Buying and Selling at J&J Snack Foods
In other J&J Snack Foods news, Director Gerald B. Shreiber sold 20,000 shares of the firm's stock in a transaction dated Saturday, August 31st. The shares were sold at an average price of $167.95, for a total transaction of $3,359,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 22.20% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
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 Tuesday, October 29th.
Check Out Our Latest Stock Report on JJSF
J&J Snack Foods Stock Performance
Shares of J&J Snack Foods stock traded down $1.09 during trading on Wednesday, hitting $173.89. 20,028 shares of the stock were exchanged, compared to its average volume of 85,951. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.39 and a current ratio of 2.27. J&J Snack Foods Corp. has a 12 month low of $133.23 and a 12 month high of $180.80. The stock's fifty day moving average is $168.42 and its 200 day moving average is $165.67. The stock has a market cap of $3.38 billion, a PE ratio of 38.58 and a beta of 0.63.
About J&J Snack Foods
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Free Report)
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.
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