Mama's Creations, Inc. (NASDAQ:MAMA) Shares Bought by Wasatch Advisors LP

Wasatch Advisors LP grew its stake in Mama's Creations, Inc. (NASDAQ:MAMA - Free Report) by 13.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,063,991 shares of the company's stock after acquiring an additional 476,562 shares during the quarter. Wasatch Advisors LP owned about 10.81% of Mama's Creations worth $32,349,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MAMA. FMR LLC boosted its holdings in shares of Mama's Creations by 23,422.7% in the 3rd quarter. FMR LLC now owns 5,175 shares of the company's stock valued at $38,000 after buying an additional 5,153 shares during the period. SG Americas Securities LLC raised its position in shares of Mama's Creations by 25.2% during the 4th quarter. SG Americas Securities LLC now owns 15,380 shares of the company's stock worth $122,000 after purchasing an additional 3,093 shares during the period. PEAK6 LLC acquired a new position in Mama's Creations during the 4th quarter valued at approximately $137,000. Tocqueville Asset Management L.P. bought a new position in shares of Mama's Creations during the fourth quarter worth about $141,000. Finally, Principal Financial Group Inc. bought a new stake in Mama's Creations in the 3rd quarter valued at about $152,000. Institutional investors and hedge funds own 45.18% of the company's stock.

Mama's Creations Stock Performance

NASDAQ MAMA traded down $0.39 on Monday, hitting $6.14. The stock had a trading volume of 131,434 shares, compared to its average volume of 356,700. The company's 50-day moving average is $6.47 and its two-hundred day moving average is $7.51. Mama's Creations, Inc. has a one year low of $4.75 and a one year high of $9.98. The stock has a market cap of $230.84 million, a price-to-earnings ratio of 68.23 and a beta of 0.95. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.16.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 8th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. The company had revenue of $33.59 million for the quarter, compared to analyst estimates of $31.02 million. Mama's Creations had a return on equity of 16.52% and a net margin of 3.02%. On average, analysts expect that Mama's Creations, Inc. will post 0.09 earnings per share for the current year.

Mama's Creations Company Profile

Mama's Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products.