Nicolet Advisory Services LLC Purchases 126 Shares of J&J Snack Foods Corp. (NASDAQ:JJSF)

Nicolet Advisory Services LLC raised its stake in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 6.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,105 shares of the company’s stock after purchasing an additional 126 shares during the quarter. Nicolet Advisory Services LLC’s holdings in J&J Snack Foods were worth $355,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of J&J Snack Foods by 4.6% during the first quarter. Vanguard Group Inc. now owns 1,636,305 shares of the company’s stock worth $236,544,000 after acquiring an additional 71,378 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of J&J Snack Foods by 3.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,620,378 shares of the company’s stock worth $278,899,000 after purchasing an additional 57,887 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in J&J Snack Foods by 19.9% during the third quarter. Thrivent Financial for Lutherans now owns 642,648 shares of the company’s stock worth $110,612,000 after purchasing an additional 106,817 shares during the period. Geneva Capital Management LLC boosted its position in J&J Snack Foods by 1.4% during the third quarter. Geneva Capital Management LLC now owns 526,660 shares of the company’s stock worth $90,649,000 after purchasing an additional 7,283 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of J&J Snack Foods by 4.3% in the second quarter. Dimensional Fund Advisors LP now owns 458,203 shares of the company’s stock valued at $74,400,000 after purchasing an additional 18,932 shares during the last quarter. 76.04% of the stock is owned by institutional investors.

J&J Snack Foods Stock Up 2.1 %

JJSF stock opened at $171.16 on Monday. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 38.46 and a beta of 0.63. J&J Snack Foods Corp. has a 12-month low of $133.23 and a 12-month high of $180.80. The company’s fifty day simple moving average is $168.66 and its 200 day simple moving average is $166.98.

J&J Snack Foods (NASDAQ:JJSF) last posted its quarterly earnings results on Wednesday, November 13th. The company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.85 by ($0.25). The business had revenue of $426.76 million during the quarter, compared to analyst estimates of $428.33 million. J&J Snack Foods had a net margin of 5.50% and a return on equity of 10.32%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.73 EPS. Research analysts expect that J&J Snack Foods Corp. will post 5.49 earnings per share for the current year.

J&J Snack Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 7th. Stockholders of record on Tuesday, December 17th will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Tuesday, December 17th. J&J Snack Foods’s dividend payout ratio is presently 70.11%.

Insider Activity at J&J Snack Foods

In related news, Director Gerald B. Shreiber sold 20,000 shares of the firm’s stock in a transaction dated Saturday, August 31st. The shares were sold at an average price of $167.95, for a total transaction of $3,359,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 22.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of J&J Snack Foods in a research note on Friday, November 15th.

J&J Snack Foods Profile

J&J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates through three segments: Food Service, Retail Supermarkets, and Frozen Beverages. It offers soft pretzels under the SUPERPRETZEL, SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, BAVARIAN BAKERY, and BRAUHAUS brands, as well as under the private labels; frozen novelty under the DIPPIN'DOTS, LUIGI'S, WHOLE FRUIT, DOGSTERS, PHILLY SWIRL, ICEE, and MINUTE MAID brands; churros under the HOLA! and CALIFORNIA CHURROS brands; and handheld products under the SUPREME STUFFERS and SWEET STUFFERS brands.