Sei Investments Co. Purchases 2,286 Shares of J&J Snack Foods Corp. (NASDAQ:JJSF)

Sei Investments Co. increased its holdings in J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,818 shares of the company's stock after purchasing an additional 2,286 shares during the quarter. Sei Investments Co. owned approximately 0.63% of J&J Snack Foods worth $18,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its holdings in J&J Snack Foods by 163.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 319 shares of the company's stock worth $50,000 after buying an additional 198 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in J&J Snack Foods in the fourth quarter worth $74,000. Blue Trust Inc. lifted its stake in J&J Snack Foods by 27.4% in the fourth quarter. Blue Trust Inc. now owns 498 shares of the company's stock worth $86,000 after acquiring an additional 107 shares during the period. GAMMA Investing LLC boosted its holdings in J&J Snack Foods by 32.8% in the fourth quarter. GAMMA Investing LLC now owns 603 shares of the company's stock valued at $94,000 after acquiring an additional 149 shares in the last quarter. Finally, KBC Group NV increased its position in J&J Snack Foods by 48.2% during the 4th quarter. KBC Group NV now owns 627 shares of the company's stock valued at $97,000 after purchasing an additional 204 shares during the period. 76.04% of the stock is owned by institutional investors.

J&J Snack Foods Trading Up 0.7 %

JJSF traded up $0.87 during trading on Tuesday, reaching $132.59. The stock had a trading volume of 117,112 shares, compared to its average volume of 98,798. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 30.55 and a beta of 0.66. The stock's 50 day moving average is $131.39 and its two-hundred day moving average is $152.74. J&J Snack Foods Corp. has a one year low of $116.60 and a one year high of $180.80.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.29). J&J Snack Foods had a return on equity of 9.84% and a net margin of 5.31%. On average, equities research analysts predict that J&J Snack Foods Corp. will post 4.75 earnings per share for the current year.

J&J Snack Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Tuesday, March 18th will be given a $0.78 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.35%. J&J Snack Foods's dividend payout ratio is currently 71.89%.

Analysts Set New Price Targets

JJSF has been the topic of a number of research reports. Benchmark reaffirmed a "buy" rating and set a $200.00 target price on shares of J&J Snack Foods in a research note on Tuesday, February 4th. Jefferies Financial Group lowered their price objective on shares of J&J Snack Foods from $175.00 to $135.00 and set a "hold" rating for the company in a report on Tuesday, February 18th.

J&J Snack Foods Profile

J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods.