Mama’s Creations, Inc. (NASDAQ:MAMA) Stock Position Lifted by Aristides Capital LLC

Aristides Capital LLC grew its stake in shares of Mama’s Creations, Inc. (NASDAQ:MAMA) by 12.1% during the 4th quarter, HoldingsChannel reports. The fund owned 105,420 shares of the company’s stock after acquiring an additional 11,380 shares during the period. Aristides Capital LLC’s holdings in Mama’s Creations were worth $839,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MAMA. Annex Advisory Services LLC grew its stake in Mama’s Creations by 71.0% in the fourth quarter. Annex Advisory Services LLC now owns 1,221,373 shares of the company’s stock valued at $9,722,000 after purchasing an additional 507,065 shares in the last quarter. First Eagle Investment Management LLC grew its stake in shares of Mama’s Creations by 22.7% in the 4th quarter. First Eagle Investment Management LLC now owns 1,135,417 shares of the company’s stock valued at $9,038,000 after buying an additional 210,045 shares in the last quarter. Geode Capital Management LLC increased its holdings in Mama’s Creations by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 757,796 shares of the company’s stock worth $6,033,000 after buying an additional 2,305 shares during the last quarter. State Street Corp raised its position in Mama’s Creations by 20.7% during the third quarter. State Street Corp now owns 489,623 shares of the company’s stock valued at $3,574,000 after acquiring an additional 84,050 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its stake in Mama’s Creations by 7.1% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 410,432 shares of the company’s stock valued at $3,267,000 after acquiring an additional 27,268 shares during the last quarter. 45.18% of the stock is owned by institutional investors and hedge funds.

Mama’s Creations Stock Up 6.6 %

MAMA opened at $6.81 on Friday. The firm has a market cap of $255.97 million, a P/E ratio of 75.68 and a beta of 0.95. 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 has a 50 day moving average price of $6.69 and a 200 day moving average price of $7.58. Mama’s Creations, Inc. has a twelve month low of $4.38 and a twelve month high of $9.98.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Lake Street Capital increased their price target on shares of Mama’s Creations from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Roth Mkm reiterated a “buy” rating and issued a $11.00 price objective (up from $10.00) on shares of Mama’s Creations in a report on Tuesday, December 17th.

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.