BNP Paribas Financial Markets Has $2.06 Million Stock Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

BNP Paribas Financial Markets reduced its position in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,315 shares of the company’s stock after selling 1,904 shares during the period. BNP Paribas Financial Markets owned approximately 0.06% of J&J Snack Foods worth $2,058,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Operose Advisors LLC acquired a new position in J&J Snack Foods in the 3rd quarter worth about $28,000. Headlands Technologies LLC acquired a new stake in J&J Snack Foods in the third quarter valued at approximately $32,000. Quantbot Technologies LP bought a new stake in J&J Snack Foods during the 3rd quarter valued at $69,000. International Assets Investment Management LLC bought a new stake in shares of J&J Snack Foods during the fourth quarter worth about $196,000. Finally, Evergreen Capital Management LLC increased its holdings in J&J Snack Foods by 6.7% during the 3rd quarter. Evergreen Capital Management LLC now owns 1,450 shares of the company’s stock worth $238,000 after purchasing an additional 91 shares in the last quarter. 76.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a “buy” rating and set a $195.00 target price on shares of J&J Snack Foods in a research report on Tuesday, May 7th.

Insider Activity

In other news, VP Robert Cranmer sold 2,278 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $162.03, for a total value of $369,104.34. Following the transaction, the vice president now owns 872 shares of the company’s stock, valued at $141,290.16. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 22.20% of the company’s stock.

J&J Snack Foods Trading Down 0.4 %

NASDAQ:JJSF opened at $162.36 on Friday. J&J Snack Foods Corp. has a 12 month low of $133.23 and a 12 month high of $177.71. The company has a current ratio of 2.41, a quick ratio of 1.33 and a debt-to-equity ratio of 0.02. The firm’s 50 day moving average is $145.64 and its 200 day moving average is $154.22. The stock has a market capitalization of $3.15 billion, a PE ratio of 36.57 and a beta of 0.54.

J&J Snack Foods (NASDAQ:JJSF) last released its quarterly earnings data on Monday, May 6th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.63 by $0.21. J&J Snack Foods had a net margin of 5.45% and a return on equity of 10.71%. The company had revenue of $359.73 million during the quarter, compared to the consensus estimate of $341.08 million. During the same period last year, the firm earned $0.43 EPS. J&J Snack Foods’s revenue for the quarter was up 6.5% on a year-over-year basis. Sell-side analysts expect that J&J Snack Foods Corp. will post 5.29 earnings per share for the current year.

J&J Snack Foods Profile

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.