GSA Capital Partners LLP lessened its holdings in Jack in the Box Inc. (NASDAQ:JACK) by 89.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,622 shares of the restaurant operator’s stock after selling 48,857 shares during the period. GSA Capital Partners LLP’s holdings in Jack in the Box were worth $436,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JACK. JNBA Financial Advisors acquired a new stake in shares of Jack in the Box in the 4th quarter worth about $31,000. Strs Ohio grew its position in Jack in the Box by 600.0% in the 4th quarter. Strs Ohio now owns 1,400 shares of the restaurant operator’s stock worth $108,000 after purchasing an additional 1,200 shares in the last quarter. Ancora Advisors LLC bought a new stake in Jack in the Box in the 3rd quarter worth about $110,000. Tower Research Capital LLC TRC grew its position in Jack in the Box by 267.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,543 shares of the restaurant operator’s stock worth $129,000 after purchasing an additional 1,123 shares in the last quarter. Finally, Dupont Capital Management Corp bought a new stake in Jack in the Box in the 4th quarter worth about $197,000. Institutional investors own 95.52% of the company’s stock.

In other news, CEO Leonard A. Comma sold 1,615 shares of the stock in a transaction that occurred on Friday, December 21st. The shares were sold at an average price of $77.44, for a total transaction of $125,065.60. Following the completion of the transaction, the chief executive officer now directly owns 207,552 shares of the company’s stock, valued at approximately $16,072,826.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 2,304 shares of company stock valued at $179,218 over the last three months. Insiders own 2.30% of the company’s stock.

A number of equities research analysts have issued reports on JACK shares. BidaskClub raised shares of Jack in the Box from a “sell” rating to a “hold” rating in a research report on Monday, January 7th. Wells Fargo & Co reduced their price objective on shares of Jack in the Box from $96.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, February 14th. Cowen reaffirmed a “hold” rating and issued a $81.00 price objective on shares of Jack in the Box in a research report on Friday, November 30th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Jack in the Box in a research report on Wednesday, November 21st. Finally, Zacks Investment Research downgraded shares of Jack in the Box from a “hold” rating to a “strong sell” rating in a research report on Monday, November 26th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $90.44.

Shares of JACK stock opened at $77.61 on Friday. Jack in the Box Inc. has a 52-week low of $74.19 and a 52-week high of $93.98. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 20.48, a PEG ratio of 1.48 and a beta of 0.55.

Jack in the Box (NASDAQ:JACK) last released its earnings results on Wednesday, February 20th. The restaurant operator reported $1.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.30 by $0.05. Jack in the Box had a net margin of 16.55% and a negative return on equity of 20.44%. The firm had revenue of $290.80 million during the quarter, compared to the consensus estimate of $275.26 million. During the same period in the prior year, the firm earned $1.23 EPS. The company’s revenue was down 1.3% compared to the same quarter last year. On average, equities analysts predict that Jack in the Box Inc. will post 4.25 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 19th. Stockholders of record on Monday, March 4th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, March 1st. Jack in the Box’s dividend payout ratio is currently 42.22%.

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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.

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

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