Jane Street Group LLC Purchases 9,134 Shares of J&J Snack Foods Corp. (NASDAQ:JJSF)

Jane Street Group LLC boosted its stake in shares of J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 40.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,936 shares of the company's stock after purchasing an additional 9,134 shares during the period. Jane Street Group LLC owned approximately 0.16% of J&J Snack Foods worth $5,497,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JJSF. 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 purchasing an additional 303,673 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of J&J Snack Foods by 6.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,562,491 shares of the company's stock valued at $253,702,000 after acquiring an additional 89,160 shares during the period. Bank of New York Mellon Corp raised its stake in shares of J&J Snack Foods by 16.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 223,242 shares of the company's stock valued at $36,248,000 after acquiring an additional 31,897 shares during the period. Bernzott Capital Advisors acquired a new stake in J&J Snack Foods during the 2nd quarter valued at $4,990,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of J&J Snack Foods by 4.3% during the second quarter. Dimensional Fund Advisors LP now owns 458,203 shares of the company's stock worth $74,400,000 after purchasing an additional 18,932 shares during the last quarter. Hedge funds and other institutional investors own 76.04% of the company's stock.

Wall Street Analysts Forecast Growth

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

J&J Snack Foods Stock Performance

Shares of NASDAQ:JJSF traded down $1.82 during trading hours on Tuesday, hitting $165.06. The stock had a trading volume of 78,235 shares, compared to its average volume of 85,420. The stock's fifty day simple moving average is $168.97 and its 200 day simple moving average is $167.87. J&J Snack Foods Corp. has a 1-year low of $133.23 and a 1-year high of $180.80. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 37.09 and a beta of 0.64.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last posted its quarterly earnings data on Wednesday, November 13th. The company reported $1.60 EPS for the quarter, missing analysts' consensus estimates of $1.85 by ($0.25). The company 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%. J&J Snack Foods's revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.73 EPS. As a group, research analysts anticipate that J&J Snack Foods Corp. will post 5.49 EPS for the current year.

J&J Snack Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Tuesday, December 17th. J&J Snack Foods's dividend payout ratio is 70.11%.

About J&J Snack Foods

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.