Radnor Capital Management LLC Acquires Shares of 3,402 J&J Snack Foods Corp. (NASDAQ:JJSF)

Radnor Capital Management LLC acquired a new stake in J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,402 shares of the company's stock, valued at approximately $586,000.

Other institutional investors have also modified their holdings of the company. Fidelis Capital Partners LLC acquired a new position in J&J Snack Foods during the 1st quarter worth $29,000. GAMMA Investing LLC increased its position in shares of J&J Snack Foods by 603.8% in the 2nd 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. raised its holdings in shares of J&J Snack Foods by 39,000.0% in the 3rd quarter. Blue Trust Inc. now owns 391 shares of the company's stock valued at $63,000 after purchasing an additional 390 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of J&J Snack Foods during the 2nd quarter worth $76,000. Finally, Covestor Ltd grew its stake in shares of J&J Snack Foods by 54,200.0% during the first quarter. Covestor Ltd now owns 543 shares of the company's stock worth $78,000 after purchasing an additional 542 shares in the last quarter. 76.04% of the stock is owned by institutional investors and hedge funds.

J&J Snack Foods Stock Down 1.6 %

Shares of NASDAQ JJSF traded down $2.82 during midday trading on Thursday, hitting $176.20. 33,932 shares of the company's stock were exchanged, compared to its average volume of 86,149. The firm's fifty day simple moving average is $167.93 and its 200-day simple moving average is $164.40. The company has a market cap of $3.42 billion, a PE ratio of 39.78 and a beta of 0.63. J&J Snack Foods Corp. has a twelve month low of $133.23 and a twelve month high of $180.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.27 and a quick ratio of 1.39.

J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last released its quarterly earnings data on Monday, August 5th. The company reported $1.98 earnings per share for the quarter, missing analysts' consensus estimates of $1.99 by ($0.01). J&J Snack Foods had a return on equity of 10.70% and a net margin of 5.49%. The company had revenue of $439.96 million for the quarter, compared to analyst estimates of $440.92 million. During the same period in the previous year, the business posted $1.92 EPS. The firm's revenue for the quarter was up 3.3% compared to the same quarter last year. Research analysts predict that J&J Snack Foods Corp. will post 5.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Benchmark restated a "buy" rating and issued a $200.00 price target on shares of J&J Snack Foods in a research note on Tuesday, October 29th.

Insider Activity at J&J Snack Foods

In other news, Director Gerald B. Shreiber sold 20,000 shares of J&J Snack Foods stock in a transaction dated Saturday, August 31st. The stock was 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 the SEC website. Insiders own 22.20% of the company's stock.

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.