Bridge City Capital LLC Has $2.57 Million Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

Bridge City Capital LLC boosted its stake in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 0.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 16,571 shares of the company’s stock after buying an additional 147 shares during the period. Bridge City Capital LLC’s holdings in J&J Snack Foods were worth $2,571,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC raised its holdings in shares of J&J Snack Foods by 40.1% during the third quarter. Jane Street Group LLC now owns 31,936 shares of the company’s stock worth $5,497,000 after acquiring an additional 9,134 shares during the period. State Street Corp increased its holdings in J&J Snack Foods by 2.9% during the 3rd quarter. State Street Corp now owns 602,295 shares of the company’s stock worth $104,140,000 after purchasing an additional 17,062 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of J&J Snack Foods by 27.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 44,572 shares of the company’s stock valued at $7,672,000 after purchasing an additional 9,703 shares during the period. Barclays PLC lifted its holdings in shares of J&J Snack Foods by 434.0% in the third quarter. Barclays PLC now owns 30,065 shares of the company’s stock valued at $5,175,000 after purchasing an additional 24,435 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of J&J Snack Foods by 40.4% during the third quarter. BNP Paribas Financial Markets now owns 11,279 shares of the company’s stock worth $1,941,000 after buying an additional 3,246 shares during the period. Institutional investors own 76.04% of the company’s stock.

Wall Street Analyst Weigh In

JJSF has been the topic of a number of recent research reports. Jefferies Financial Group dropped their target price on J&J Snack Foods from $175.00 to $135.00 and set a “hold” rating on the stock in a research report on Tuesday, February 18th. Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of J&J Snack Foods in a research report on Tuesday, February 4th.

J&J Snack Foods Stock Performance

NASDAQ:JJSF opened at $126.71 on Friday. J&J Snack Foods Corp. has a 52-week low of $116.60 and a 52-week high of $180.80. The company has a market cap of $2.47 billion, a P/E ratio of 29.20 and a beta of 0.66. The stock’s 50-day simple moving average is $133.44 and its 200 day simple moving average is $154.60.

J&J Snack Foods (NASDAQ:JJSF) last issued its earnings results on Monday, February 3rd. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.29). J&J Snack Foods had a return on equity of 9.84% and a net margin of 5.31%. As a group, equities analysts predict that J&J Snack Foods Corp. will post 4.75 earnings per share for the current fiscal year.

J&J Snack Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Tuesday, March 18th will be paid a $0.78 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $3.12 annualized dividend and a yield of 2.46%. J&J Snack Foods’s dividend payout ratio (DPR) is currently 71.89%.

About J&J Snack Foods

J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods.