O Shaughnessy Asset Management LLC Sells 10,052 Shares of Mama’s Creations, Inc. (NASDAQ:MAMA)

O Shaughnessy Asset Management LLC cut its holdings in Mama’s Creations, Inc. (NASDAQ:MAMA) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,271 shares of the company’s stock after selling 10,052 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Mama’s Creations were worth $448,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. FMR LLC increased its stake in shares of Mama’s Creations by 23,422.7% in the 3rd quarter. FMR LLC now owns 5,175 shares of the company’s stock worth $38,000 after purchasing an additional 5,153 shares in the last quarter. SG Americas Securities LLC increased its position in Mama’s Creations by 25.2% in the fourth quarter. SG Americas Securities LLC now owns 15,380 shares of the company’s stock worth $122,000 after buying an additional 3,093 shares in the last quarter. Tocqueville Asset Management L.P. bought a new position in shares of Mama’s Creations in the fourth quarter worth about $141,000. Principal Financial Group Inc. bought a new position in shares of Mama’s Creations in the third quarter worth about $152,000. Finally, Centiva Capital LP purchased a new position in shares of Mama’s Creations during the 3rd quarter valued at about $152,000. Hedge funds and other institutional investors own 45.18% of the company’s stock.

Analysts Set New Price Targets

MAMA has been the topic of a number of recent analyst reports. Roth Mkm restated a “buy” rating and set a $11.00 target price (up previously from $10.00) on shares of Mama’s Creations in a research note on Tuesday, December 17th. Lake Street Capital raised their price objective on shares of Mama’s Creations from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th.

Mama’s Creations Stock Performance

NASDAQ:MAMA opened at $6.58 on Friday. The stock has a 50-day moving average price of $6.60 and a 200 day moving average price of $7.55. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.16. Mama’s Creations, Inc. has a 12-month low of $4.51 and a 12-month high of $9.98. The stock has a market capitalization of $247.32 million, a P/E ratio of 73.12 and a beta of 0.95.

Mama’s Creations (NASDAQ:MAMA) last announced its quarterly earnings data on Tuesday, April 8th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Mama’s Creations had a net margin of 3.02% and a return on equity of 16.52%. The business had revenue of $33.59 million during the quarter, compared to analyst estimates of $31.02 million. Equities research analysts forecast that Mama’s Creations, Inc. will post 0.09 EPS for the current fiscal year.

About Mama’s Creations

Mama’s Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products.