Nisa Investment Advisors LLC Has $240,000 Stock Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

Nisa Investment Advisors LLC decreased its position in J&J Snack Foods Corp. (NASDAQ:JJSF) by 12.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,438 shares of the company’s stock after selling 200 shares during the period. Nisa Investment Advisors LLC’s holdings in J&J Snack Foods were worth $240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in JJSF. Morgan Stanley grew its holdings in shares of J&J Snack Foods by 319.3% in 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 period. American Century Companies Inc. lifted its position in J&J Snack Foods by 12,431.7% in the 3rd quarter. American Century Companies Inc. now owns 204,642 shares of the company’s stock valued at $33,490,000 after acquiring an additional 203,009 shares in the last quarter. Norges Bank bought a new stake in J&J Snack Foods in the 4th quarter valued at $22,557,000. Eaton Vance Management lifted its position in J&J Snack Foods by 53.8% in the 1st quarter. Eaton Vance Management now owns 255,187 shares of the company’s stock valued at $39,579,000 after acquiring an additional 89,278 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in J&J Snack Foods by 234.8% in the 2nd quarter. Wells Fargo & Company MN now owns 105,346 shares of the company’s stock valued at $14,713,000 after acquiring an additional 73,883 shares in the last quarter. Institutional investors and hedge funds own 76.04% of the company’s stock.

J&J Snack Foods Trading Up 0.2 %

JJSF opened at $134.50 on Friday. The stock has a market capitalization of $2.61 billion, a P/E ratio of 32.73 and a beta of 0.52. J&J Snack Foods Corp. has a 12 month low of $133.23 and a 12 month high of $177.71. The firm’s fifty day simple moving average is $142.42 and its 200 day simple moving average is $155.16. The company has a current ratio of 2.40, a quick ratio of 1.36 and a debt-to-equity ratio of 0.01.

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

J&J Snack Foods Dividend Announcement

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

Insiders Place Their Bets

In other J&J Snack Foods news, Director Marjorie Shreiber Roshkoff sold 625 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $147.73, for a total transaction of $92,331.25. Following the sale, 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 legal filing with the Securities & Exchange Commission, which is available at this link. 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.