Jane Street Group LLC increased its holdings in Jack in the Box Inc. (NASDAQ:JACK) by 124.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,132 shares of the restaurant operator’s stock after purchasing an additional 26,495 shares during the period. Jane Street Group LLC’s holdings in Jack in the Box were worth $523,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of Jack in the Box by 9.0% during the 2nd 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 in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Jack in the Box by 61.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,585 shares of the restaurant operator’s stock worth $156,000 after acquiring an additional 601 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Jack in the Box by 17.8% during the 2nd quarter. Victory Capital Management Inc. now owns 1,875 shares of the restaurant operator’s stock worth $185,000 after acquiring an additional 283 shares in the last quarter. FNY Managed Accounts LLC raised its holdings in shares of Jack in the Box by 90.6% during the 2nd quarter. FNY Managed Accounts LLC now owns 2,030 shares of the restaurant operator’s stock worth $199,000 after acquiring an additional 965 shares in the last quarter. Finally, Vident Investment Advisory LLC purchased a new stake in shares of Jack in the Box during the 3rd quarter worth approximately $203,000. 99.23% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on JACK. Stifel Nicolaus began coverage on Jack in the Box in a report on Monday, October 2nd. They set a “hold” rating and a $105.00 price objective on the stock. SunTrust Banks set a $109.00 price objective on Jack in the Box and gave the stock a “buy” rating in a report on Friday, December 1st. UBS set a $105.00 price objective on Jack in the Box and gave the stock a “hold” rating in a report on Thursday, November 30th. Robert W. Baird reaffirmed a “buy” rating and set a $115.00 price objective on shares of Jack in the Box in a report on Tuesday, September 19th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $120.00 price objective on shares of Jack in the Box in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $112.62.

Jack in the Box Inc. (NASDAQ JACK) opened at $99.21 on Friday. The firm has a market capitalization of $2,910.00, a P/E ratio of 25.68, a PEG ratio of 1.79 and a beta of 0.51. The company has a current ratio of 0.53, a quick ratio of 0.51 and a debt-to-equity ratio of -2.79. Jack in the Box Inc. has a 12-month low of $90.89 and a 12-month high of $113.00.

Jack in the Box (NASDAQ:JACK) last released its earnings results on Wednesday, November 29th. The restaurant operator reported $0.73 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.16). The company had revenue of $338.75 million for the quarter, compared to the consensus estimate of $341.34 million. Jack in the Box had a net margin of 8.71% and a negative return on equity of 30.55%. The business’s revenue for the quarter was down 15.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.03 EPS. analysts forecast that Jack in the Box Inc. will post 4.49 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Monday, December 4th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.61%. The ex-dividend date was Friday, December 1st. Jack in the Box’s dividend payout ratio (DPR) is presently 35.63%.

In other Jack in the Box news, CEO Leonard A. Comma sold 6,021 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $102.22, for a total value of $615,466.62. Following the transaction, the chief executive officer now owns 173,796 shares of the company’s stock, valued at approximately $17,765,427.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Dean C. Gordon sold 278 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $102.22, for a total value of $28,417.16. Following the completion of the transaction, the vice president now directly owns 3,924 shares in the company, valued at approximately $401,111.28. The disclosure for this sale can be found here. Insiders sold a total of 10,971 shares of company stock worth $1,121,715 in the last ninety days. 2.10% of the stock is currently owned by corporate insiders.

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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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