WCM Investment Management CA grew its stake in J & J Snack Foods Corp (NASDAQ:JJSF) by 495.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,580 shares of the company’s stock after buying an additional 12,965 shares during the quarter. WCM Investment Management CA’s holdings in J & J Snack Foods were worth $2,366,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. 1st Global Advisors Inc. boosted its holdings in shares of J & J Snack Foods by 1.3% in the second quarter. 1st Global Advisors Inc. now owns 3,003 shares of the company’s stock valued at $397,000 after buying an additional 39 shares during the period. Amalgamated Bank boosted its holdings in shares of J & J Snack Foods by 4.9% in the second quarter. Amalgamated Bank now owns 2,082 shares of the company’s stock valued at $275,000 after buying an additional 98 shares during the period. California Public Employees Retirement System boosted its holdings in shares of J & J Snack Foods by 1.9% in the second quarter. California Public Employees Retirement System now owns 21,100 shares of the company’s stock valued at $2,787,000 after buying an additional 400 shares during the period. Legal & General Group Plc boosted its holdings in shares of J & J Snack Foods by 1.6% in the third quarter. Legal & General Group Plc now owns 29,342 shares of the company’s stock valued at $3,852,000 after buying an additional 450 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in shares of J & J Snack Foods by 2.6% in the third quarter. Bessemer Group Inc. now owns 18,254 shares of the company’s stock valued at $2,396,000 after buying an additional 456 shares during the period. Institutional investors own 68.61% of the company’s stock.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of J & J Snack Foods from a “hold” rating to a “sell” rating in a report on Saturday, November 18th. Jefferies Group reiterated a “hold” rating and issued a $135.00 price target on shares of J & J Snack Foods in a report on Tuesday, January 30th. BidaskClub cut shares of J & J Snack Foods from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, CL King initiated coverage on shares of J & J Snack Foods in a report on Tuesday, December 19th. They issued a “buy” rating for the company.

J & J Snack Foods Corp (JJSF) opened at $132.17 on Friday. J & J Snack Foods Corp has a 1-year low of $121.20 and a 1-year high of $157.33. The company has a market cap of $2,516.74, a price-to-earnings ratio of 31.63 and a beta of 0.65.

J & J Snack Foods (NASDAQ:JJSF) last announced its earnings results on Monday, January 29th. The company reported $0.78 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.80 by ($0.02). J & J Snack Foods had a return on equity of 11.79% and a net margin of 9.07%. The business had revenue of $265.20 million for the quarter, compared to analyst estimates of $253.95 million. During the same quarter in the previous year, the company posted $0.72 EPS. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. equities research analysts forecast that J & J Snack Foods Corp will post 4.93 earnings per share for the current fiscal year.

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J & J Snack Foods Profile

J & J Snack Foods Corp. is a manufacturer, marketer and distributor of a range of snack foods and beverages for the food service and retail supermarket industries. The Company operates in three business segments: Food Service, Retail Supermarkets and Frozen Beverages. Its portfolio of products includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies and bakery goods, and other snack foods and drinks.

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Institutional Ownership by Quarter for J & J Snack Foods (NASDAQ:JJSF)

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