Fmr LLC lessened its stake in Panera Bread Co (NASDAQ:PNRA) by 99.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,062 shares of the company’s stock after selling 646,842 shares during the quarter. Fmr LLC’s holdings in Panera Bread were worth $334,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in PNRA. BlueMountain Capital Management LLC purchased a new position in shares of Panera Bread in the 2nd quarter valued at about $136,868,000. Alpine Associates Management Inc. purchased a new position in shares of Panera Bread in the 2nd quarter valued at about $93,567,000. Gabelli Funds LLC boosted its stake in shares of Panera Bread by 2,235.3% in the 2nd quarter. Gabelli Funds LLC now owns 284,905 shares of the company’s stock valued at $89,643,000 after buying an additional 272,705 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of Panera Bread by 14,667.5% in the 2nd quarter. Gamco Investors INC. ET AL now owns 212,800 shares of the company’s stock valued at $66,955,000 after buying an additional 211,359 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Panera Bread by 432.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 247,942 shares of the company’s stock valued at $78,013,000 after buying an additional 201,416 shares during the period. Institutional investors and hedge funds own 96.66% of the company’s stock.

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Panera Bread Co (NASDAQ:PNRA) opened at $314.93 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.73 and a debt-to-equity ratio of 1.62. Panera Bread Co has a 52 week low of $185.69 and a 52 week high of $316.21.

Panera Bread Profile

Panera Bread Company is a food service company. The Company is a national bakery-cafe concept. As of December 27, 2016, the Company operated 2,036 own and franchise-operated bakery-cafe locations in 46 states, the District of Columbia, and Ontario, Canada. It operates through three segments: Company bakery-cafe operations, franchise operations, and fresh dough and other product operations.

Institutional Ownership by Quarter for Panera Bread (NASDAQ:PNRA)

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