J&J Snack Foods Corp. (NASDAQ:JJSF) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in J&J Snack Foods Corp. (NASDAQ:JJSF) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,382 shares of the company’s stock after selling 823 shares during the quarter. New York State Teachers Retirement System owned 0.16% of J&J Snack Foods worth $5,245,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of J&J Snack Foods by 0.6% during the 2nd quarter. BlackRock Inc. now owns 2,319,930 shares of the company’s stock valued at $367,384,000 after buying an additional 13,013 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of J&J Snack Foods by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 1,558,636 shares of the company’s stock valued at $201,796,000 after buying an additional 28,390 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of J&J Snack Foods by 0.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,389,507 shares of the company’s stock valued at $227,393,000 after buying an additional 9,205 shares during the last quarter. Macquarie Group Ltd. boosted its stake in shares of J&J Snack Foods by 1.1% during the 1st quarter. Macquarie Group Ltd. now owns 1,287,436 shares of the company’s stock valued at $190,824,000 after buying an additional 14,175 shares during the last quarter. Finally, Morgan Stanley boosted its stake in shares of J&J Snack Foods by 319.3% during the 4th quarter. Morgan Stanley now owns 761,978 shares of the company’s stock valued at $114,076,000 after buying an additional 580,248 shares during the last quarter. Institutional investors and hedge funds own 76.04% of the company’s stock.

J&J Snack Foods Stock Performance

Shares of JJSF opened at $134.58 on Friday. The business’s fifty day moving average price is $143.40 and its 200 day moving average price is $155.91. J&J Snack Foods Corp. has a 12-month low of $133.73 and a 12-month high of $177.71. The stock has a market capitalization of $2.61 billion, a PE ratio of 32.74 and a beta of 0.52. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.40 and a quick ratio of 1.36.

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

J&J Snack Foods Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Tuesday, March 19th were given a $0.735 dividend. This represents a $2.94 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend was Monday, March 18th. J&J Snack Foods’s dividend payout ratio is presently 71.53%.

Insiders Place Their Bets

In other J&J Snack Foods news, Director Marjorie Shreiber Roshkoff sold 625 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $147.73, for a total value of $92,331.25. Following the sale, 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 Securities & Exchange Commission, which is available through this link. 22.20% of the stock is owned by corporate insiders.

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.