Deutsche Bank AG Has $210,000 Position in Mama’s Creations, Inc. (NASDAQ:MAMA)

Deutsche Bank AG grew its holdings in Mama’s Creations, Inc. (NASDAQ:MAMA) by 3,085.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,407 shares of the company’s stock after purchasing an additional 25,578 shares during the quarter. Deutsche Bank AG owned about 0.07% of Mama’s Creations worth $210,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in MAMA. Wasatch Advisors LP grew its position in shares of Mama’s Creations by 13.3% in the fourth quarter. Wasatch Advisors LP now owns 4,063,991 shares of the company’s stock valued at $32,349,000 after purchasing an additional 476,562 shares during the last quarter. Grandeur Peak Global Advisors LLC acquired a new stake in shares of Mama’s Creations in the fourth quarter valued at about $3,748,000. First Eagle Investment Management LLC grew its position in shares of Mama’s Creations by 22.7% in 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 purchasing an additional 210,045 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Mama’s Creations in the fourth quarter valued at about $1,333,000. Finally, Penn Capital Management Company LLC acquired a new stake in shares of Mama’s Creations in the fourth quarter valued at about $981,000. 45.18% of the stock is owned by institutional investors and hedge funds.

Mama’s Creations Stock Up 2.3%

MAMA stock opened at $8.50 on Tuesday. Mama’s Creations, Inc. has a twelve month low of $5.50 and a twelve month high of $9.98. The company has a market cap of $319.57 million, a PE ratio of 94.45 and a beta of 0.64. The business’s 50-day simple moving average is $6.78 and its 200 day simple moving average is $7.29. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.16.

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

About Mama’s Creations

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.