HBK Investments L P purchased a new position in shares of Jack in the Box Inc. (NASDAQ:JACK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,851 shares of the restaurant operator’s stock, valued at approximately $1,163,000.

Several other institutional investors have also recently added to or reduced their stakes in JACK. Meeder Asset Management Inc. grew its position in shares of Jack in the Box by 597.5% during the fourth quarter. Meeder Asset Management Inc. now owns 1,123 shares of the restaurant operator’s stock worth $110,000 after acquiring an additional 962 shares during the last quarter. Cerebellum GP LLC bought a new position in shares of Jack in the Box during the fourth quarter worth about $118,000. Royal Bank of Canada grew its position in shares of Jack in the Box by 9.0% during the second quarter. Royal Bank of Canada now owns 1,274 shares of the restaurant operator’s stock worth $126,000 after acquiring an additional 105 shares during the last quarter. Vident Investment Advisory LLC bought a new position in shares of Jack in the Box during the third quarter worth about $203,000. Finally, Diligent Investors LLC bought a new position in shares of Jack in the Box during the third quarter worth about $206,000. Institutional investors and hedge funds own 98.74% of the company’s stock.

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In other Jack in the Box news, VP Vanessa C. Fox sold 610 shares of the company’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $91.00, for a total value of $55,510.00. Following the completion of the sale, the vice president now directly owns 2,051 shares of the company’s stock, valued at approximately $186,641. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Vanessa C. Fox sold 500 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $88.40, for a total transaction of $44,200.00. Following the completion of the sale, the vice president now directly owns 2,142 shares of the company’s stock, valued at $189,352.80. The disclosure for this sale can be found here. Corporate insiders own 2.60% of the company’s stock.

Shares of Jack in the Box stock opened at $84.87 on Thursday. The firm has a market cap of $2,486.90, a PE ratio of 22.94, a P/E/G ratio of 1.47 and a beta of 0.43. Jack in the Box Inc. has a 1-year low of $79.30 and a 1-year high of $113.00. The company has a debt-to-equity ratio of -2.77, a current ratio of 1.53 and a quick ratio of 1.52.

Jack in the Box (NASDAQ:JACK) last posted its quarterly earnings data on Wednesday, February 21st. The restaurant operator reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.17. The business had revenue of $294.50 million during the quarter, compared to the consensus estimate of $284.37 million. Jack in the Box had a net margin of 8.20% and a negative return on equity of 28.27%. The company’s quarterly revenue was down 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.18 earnings per share. analysts forecast that Jack in the Box Inc. will post 3.97 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Monday, March 5th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.89%. The ex-dividend date was Friday, March 2nd. Jack in the Box’s payout ratio is currently 43.24%.

Several equities analysts have recently commented on JACK shares. Cowen restated a “hold” rating and set a $99.00 price target on shares of Jack in the Box in a research report on Monday, November 27th. Robert W. Baird set a $115.00 price target on shares of Jack in the Box and gave the stock a “buy” rating in a research report on Monday, November 27th. UBS set a $105.00 price target on shares of Jack in the Box and gave the stock a “hold” rating in a research report on Thursday, November 30th. Wedbush restated a “hold” rating and set a $104.00 price target on shares of Jack in the Box in a research report on Friday, December 1st. Finally, SunTrust Banks set a $109.00 price target on shares of Jack in the Box and gave the stock a “buy” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the stock. Jack in the Box presently has a consensus rating of “Buy” and an average price target of $107.62.

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Jack in the Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas.

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

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