8,939 Shares in J&J Snack Foods Corp. (NASDAQ:JJSF) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP purchased a new position in J&J Snack Foods Corp. (NASDAQ:JJSF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,939 shares of the company's stock, valued at approximately $1,387,000.

Other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its position in shares of J&J Snack Foods by 163.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 319 shares of the company's stock valued at $50,000 after purchasing an additional 198 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of J&J Snack Foods in the fourth quarter worth $74,000. Blue Trust Inc. lifted its stake in shares of J&J Snack Foods by 27.4% during the fourth quarter. Blue Trust Inc. now owns 498 shares of the company's stock worth $86,000 after buying an additional 107 shares during the period. GAMMA Investing LLC grew its holdings in shares of J&J Snack Foods by 32.8% during the fourth quarter. GAMMA Investing LLC now owns 603 shares of the company's stock valued at $94,000 after buying an additional 149 shares during the last quarter. Finally, KBC Group NV increased its position in shares of J&J Snack Foods by 48.2% in the 4th quarter. KBC Group NV now owns 627 shares of the company's stock valued at $97,000 after acquiring an additional 204 shares during the period. Institutional investors and hedge funds own 76.04% of the company's stock.

J&J Snack Foods Price Performance

NASDAQ:JJSF traded down $0.45 during mid-day trading on Tuesday, hitting $126.94. The company's stock had a trading volume of 134,852 shares, compared to its average volume of 94,586. The business's fifty day moving average is $133.08 and its two-hundred day moving average is $154.18. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 29.25 and a beta of 0.66. J&J Snack Foods Corp. has a 1 year low of $116.60 and a 1 year high of $180.80.

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J&J Snack Foods (NASDAQ:JJSF - Get Free Report) last issued its earnings results on Monday, February 3rd. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates 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%. Analysts anticipate that J&J Snack Foods Corp. will post 4.75 EPS for the current fiscal year.

J&J Snack Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date is Tuesday, March 18th. J&J Snack Foods's dividend payout ratio (DPR) is presently 71.89%.

Analyst Ratings Changes

A number of analysts have commented on JJSF shares. Benchmark reaffirmed a "buy" rating and set a $200.00 price target on shares of J&J Snack Foods in a research report on Tuesday, February 4th. Jefferies Financial Group dropped their target price on J&J Snack Foods from $175.00 to $135.00 and set a "hold" rating on the stock in a research report on Tuesday, February 18th.

About J&J Snack Foods

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.