Mama’s Creations, Inc. (NASDAQ:MAMA) Stock Position Trimmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in shares of Mama’s Creations, Inc. (NASDAQ:MAMA) by 43.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,999 shares of the company’s stock after selling 25,843 shares during the period. JPMorgan Chase & Co. owned 0.09% of Mama’s Creations worth $263,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MAMA. American Century Companies Inc. raised its stake in shares of Mama’s Creations by 9.2% during the fourth quarter. American Century Companies Inc. now owns 82,985 shares of the company’s stock valued at $661,000 after purchasing an additional 7,014 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of Mama’s Creations in the 4th quarter worth approximately $141,000. First Eagle Investment Management LLC increased its stake in shares of Mama’s Creations by 22.7% during the fourth quarter. First Eagle Investment Management LLC now owns 1,135,417 shares of the company’s stock valued at $9,038,000 after acquiring an additional 210,045 shares during the period. Diamond Hill Capital Management Inc. raised its holdings in Mama’s Creations by 7.1% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 410,432 shares of the company’s stock worth $3,267,000 after purchasing an additional 27,268 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC lifted its position in Mama’s Creations by 0.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 371,309 shares of the company’s stock worth $2,956,000 after purchasing an additional 2,777 shares during the period. Institutional investors own 45.18% of the company’s stock.

Mama’s Creations Stock Down 0.4 %

Shares of MAMA stock opened at $6.68 on Friday. Mama’s Creations, Inc. has a 1 year low of $5.50 and a 1 year high of $9.98. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.00 and a current ratio of 1.17. The business’s fifty day moving average is $6.39 and its 200-day moving average is $7.39. The stock has a market cap of $251.14 million, a PE ratio of 74.23 and a beta of 0.95.

Mama’s Creations (NASDAQ:MAMA) last released its earnings results on Tuesday, April 8th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $33.59 million for the quarter, compared to the consensus estimate of $31.02 million. Mama’s Creations had a net margin of 3.02% and a return on equity of 16.52%. Equities analysts expect that Mama’s Creations, Inc. will post 0.09 earnings per share for the current fiscal year.

Mama’s Creations Company Profile

Mama’s Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products.