First Trust Advisors LP lifted its holdings in shares of Jack in the Box Inc. (NASDAQ:JACK) by 27.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,554 shares of the restaurant operator’s stock after buying an additional 772 shares during the quarter. First Trust Advisors LP’s holdings in Jack in the Box were worth $303,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Teza Capital Management LLC acquired a new stake in shares of Jack in the Box during the 1st quarter worth approximately $280,000. Envestnet Asset Management Inc. grew its position in shares of Jack in the Box by 7,250.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,822 shares of the restaurant operator’s stock worth $339,000 after buying an additional 3,770 shares during the period. Xact Kapitalforvaltning AB grew its position in shares of Jack in the Box by 75.4% during the 1st quarter. Xact Kapitalforvaltning AB now owns 4,651 shares of the restaurant operator’s stock worth $397,000 after buying an additional 2,000 shares during the period. Candriam Luxembourg S.C.A. acquired a new stake in shares of Jack in the Box during the 1st quarter worth approximately $427,000. Finally, WINTON GROUP Ltd acquired a new stake in shares of Jack in the Box during the 1st quarter worth approximately $494,000. Institutional investors own 98.85% of the company’s stock.

Jack in the Box stock opened at $85.03 on Wednesday. Jack in the Box Inc. has a fifty-two week low of $79.23 and a fifty-two week high of $108.55. The company has a market cap of $2.29 billion, a P/E ratio of 22.31, a PEG ratio of 1.57 and a beta of 0.43. The company has a debt-to-equity ratio of -1.94, a quick ratio of 0.82 and a current ratio of 0.83.

Jack in the Box (NASDAQ:JACK) last released its quarterly earnings data on Wednesday, August 8th. The restaurant operator reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.12. Jack in the Box had a net margin of 13.10% and a negative return on equity of 26.21%. The business had revenue of $187.98 million for the quarter, compared to analyst estimates of $185.05 million. During the same quarter last year, the firm earned $0.79 EPS. Jack in the Box’s quarterly revenue was down 23.6% compared to the same quarter last year. analysts expect that Jack in the Box Inc. will post 3.89 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 5th. Investors of record on Monday, August 20th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.88%. The ex-dividend date was Friday, August 17th. Jack in the Box’s payout ratio is 41.24%.

In other Jack in the Box news, SVP Paul D. Melancon sold 1,125 shares of Jack in the Box stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $90.00, for a total value of $101,250.00. Following the transaction, the senior vice president now owns 5,002 shares of the company’s stock, valued at $450,180. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Leonard A. Comma sold 78,719 shares of Jack in the Box stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $90.74, for a total transaction of $7,142,962.06. Following the completion of the transaction, the chief executive officer now directly owns 235,832 shares in the company, valued at approximately $21,399,395.68. The disclosure for this sale can be found here. Insiders have sold a total of 81,693 shares of company stock worth $7,398,751 in the last three months. 2.60% of the stock is owned by insiders.

Several brokerages have recently commented on JACK. ValuEngine upgraded shares of Jack in the Box from a “sell” rating to a “hold” rating in a research report on Thursday, August 9th. BidaskClub upgraded shares of Jack in the Box from a “sell” rating to a “hold” rating in a research report on Friday, August 3rd. UBS Group lifted their price target on shares of Jack in the Box from $95.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, August 10th. Wedbush reiterated an “outperform” rating on shares of Jack in the Box in a research report on Wednesday, July 11th. Finally, Cowen reiterated a “hold” rating and set a $94.00 price target on shares of Jack in the Box in a research report on Thursday, August 9th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $105.50.

About Jack in the Box

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants. As of April 15, 2018, it operated and franchised 2,245 Jack in the Box restaurants primarily in the western and southern United States and Guam. The company was founded in 1951 and is headquartered in San Diego, California.

Recommended Story: Fundamental Analysis and Choosing Stocks

Institutional Ownership by Quarter for Jack in the Box (NASDAQ:JACK)

Receive News & Ratings for Jack in the Box Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack in the Box and related companies with MarketBeat.com's FREE daily email newsletter.