J&J Snack Foods (NASDAQ:JJSF) Reaches New 1-Year Low at $133.23

J&J Snack Foods Corp. (NASDAQ:JJSF) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $133.23 and last traded at $134.02, with a volume of 3041 shares traded. The stock had previously closed at $134.40.

J&J Snack Foods Stock Down 0.6 %

The firm has a market cap of $2.60 billion, a P/E ratio of 32.66 and a beta of 0.52. The company has a quick ratio of 1.36, a current ratio of 2.40 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $142.65 and a 200-day moving average of $155.30.

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

J&J Snack Foods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Tuesday, March 19th were issued a $0.735 dividend. This represents a $2.94 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend was Monday, March 18th. J&J Snack Foods’s dividend payout ratio is presently 71.53%.

Insider Activity

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

Institutional Trading of J&J Snack Foods

Several large investors have recently made changes to their positions in the company. Raymond James & Associates boosted its stake in shares of J&J Snack Foods by 25.0% in the 1st quarter. Raymond James & Associates now owns 2,504 shares of the company’s stock worth $388,000 after buying an additional 500 shares during the last quarter. Citigroup Inc. increased its holdings in shares of J&J Snack Foods by 8.1% in the first quarter. Citigroup Inc. now owns 12,880 shares of the company’s stock worth $1,997,000 after purchasing an additional 966 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of J&J Snack Foods by 6.6% in the first quarter. PNC Financial Services Group Inc. now owns 3,886 shares of the company’s stock worth $602,000 after purchasing an additional 241 shares during the period. Bank of Montreal Can increased its stake in J&J Snack Foods by 2.8% in the first quarter. Bank of Montreal Can now owns 4,995 shares of the company’s stock valued at $781,000 after acquiring an additional 134 shares during the last quarter. Finally, MetLife Investment Management LLC increased its stake in J&J Snack Foods by 52.5% in the first quarter. MetLife Investment Management LLC now owns 8,010 shares of the company’s stock valued at $1,242,000 after acquiring an additional 2,757 shares during the last quarter. 76.04% of the stock is currently owned by institutional investors and hedge funds.

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.