J&J Snack Foods Corp. (NASDAQ:JJSF) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P grew its position in J&J Snack Foods Corp. (NASDAQ:JJSF) by 36.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,061 shares of the company’s stock after purchasing an additional 12,453 shares during the period. Loomis Sayles & Co. L P’s holdings in J&J Snack Foods were worth $7,301,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of JJSF. Jane Street Group LLC grew its stake in shares of J&J Snack Foods by 40.1% in the third quarter. Jane Street Group LLC now owns 31,936 shares of the company’s stock valued at $5,497,000 after buying an additional 9,134 shares in the last quarter. State Street Corp grew its position in J&J Snack Foods by 2.9% in the third quarter. State Street Corp now owns 602,295 shares of the company’s stock valued at $104,140,000 after acquiring an additional 17,062 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of J&J Snack Foods by 27.8% during the third quarter. JPMorgan Chase & Co. now owns 44,572 shares of the company’s stock valued at $7,672,000 after purchasing an additional 9,703 shares during the period. Barclays PLC lifted its position in shares of J&J Snack Foods by 434.0% during the third quarter. Barclays PLC now owns 30,065 shares of the company’s stock worth $5,175,000 after purchasing an additional 24,435 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of J&J Snack Foods by 40.4% in the third quarter. BNP Paribas Financial Markets now owns 11,279 shares of the company’s stock valued at $1,941,000 after purchasing an additional 3,246 shares during the period. Hedge funds and other institutional investors own 76.04% of the company’s stock.

J&J Snack Foods Stock Down 0.4 %

Shares of NASDAQ:JJSF opened at $130.14 on Friday. The company has a market cap of $2.54 billion, a PE ratio of 29.99 and a beta of 0.66. J&J Snack Foods Corp. has a fifty-two week low of $116.60 and a fifty-two week high of $180.80. The firm has a 50-day simple moving average of $131.84 and a 200 day simple moving average of $153.24.

J&J Snack Foods (NASDAQ:JJSF) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.29). J&J Snack Foods had a return on equity of 9.84% and a net margin of 5.31%. As a group, research analysts forecast that J&J Snack Foods Corp. will post 4.75 EPS for the current fiscal year.

J&J Snack Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 8th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $3.12 annualized dividend and a dividend yield of 2.40%. J&J Snack Foods’s dividend payout ratio is currently 71.89%.

Wall Street Analyst Weigh In

JJSF has been the subject of several recent analyst reports. Benchmark restated a “buy” rating and set a $200.00 target price on shares of J&J Snack Foods in a research note on Tuesday, February 4th. Jefferies Financial Group lowered their price objective on J&J Snack Foods from $175.00 to $135.00 and set a “hold” rating for the company in a research note on Tuesday, February 18th.

About J&J Snack Foods

J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods.