J&J Snack Foods (NASDAQ:JJSF) Hits New 52-Week Low at $135.80

J&J Snack Foods Corp. (NASDAQ:JJSF)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $135.80 and last traded at $135.80, with a volume of 3783 shares changing hands. The stock had previously closed at $138.55.

J&J Snack Foods Trading Up 1.0 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.36 and a current ratio of 2.40. The stock’s fifty day moving average is $143.91 and its 200 day moving average is $156.17. The stock has a market cap of $2.64 billion, a P/E ratio of 33.18 and a beta of 0.52.

J&J Snack Foods (NASDAQ:JJSF) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.35). The firm had revenue of $348.31 million during the quarter, compared to the consensus estimate of $363.54 million. J&J Snack Foods had a return on equity of 9.98% and a net margin of 5.11%. As a group, equities research analysts predict that J&J Snack Foods Corp. will post 5.06 earnings per share for the current fiscal year.

J&J Snack Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Tuesday, March 19th were paid a $0.735 dividend. This represents a $2.94 annualized dividend and a yield of 2.16%. The ex-dividend date was Monday, March 18th. J&J Snack Foods’s payout ratio is currently 71.53%.

Insiders Place Their Bets

In other news, Director Marjorie Shreiber Roshkoff sold 625 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $147.73, for a total transaction of $92,331.25. Following the transaction, the director now directly owns 69,459 shares of the company’s stock, valued at $10,261,178.07. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 22.20% of the stock is owned by insiders.

Hedge Funds Weigh In On J&J Snack Foods

A number of institutional investors have recently modified their holdings of the stock. Arizona State Retirement System increased its position in shares of J&J Snack Foods by 1.5% during the third quarter. Arizona State Retirement System now owns 4,385 shares of the company’s stock worth $718,000 after acquiring an additional 64 shares during the period. Royal Bank of Canada increased its position in shares of J&J Snack Foods by 1.2% during the second quarter. Royal Bank of Canada now owns 7,290 shares of the company’s stock worth $1,154,000 after acquiring an additional 86 shares during the period. Evergreen Capital Management LLC increased its holdings in J&J Snack Foods by 6.7% during the third quarter. Evergreen Capital Management LLC now owns 1,450 shares of the company’s stock valued at $238,000 after buying an additional 91 shares during the period. Captrust Financial Advisors increased its holdings in J&J Snack Foods by 4.3% during the second quarter. Captrust Financial Advisors now owns 2,191 shares of the company’s stock valued at $307,000 after buying an additional 91 shares during the period. Finally, FMR LLC increased its holdings in J&J Snack Foods by 15.6% during the second quarter. FMR LLC now owns 717 shares of the company’s stock valued at $100,000 after buying an additional 97 shares during the period. 76.04% of the stock is owned by hedge funds and other institutional investors.

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.