Illinois Municipal Retirement Fund Buys 267 Shares of J&J Snack Foods Corp. (NASDAQ:JJSF)

Illinois Municipal Retirement Fund raised its stake in J&J Snack Foods Corp. (NASDAQ:JJSF) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,511 shares of the company’s stock after purchasing an additional 267 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in J&J Snack Foods were worth $1,423,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its stake in J&J Snack Foods by 4.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 172,108 shares of the company’s stock valued at $28,165,000 after purchasing an additional 7,023 shares in the last quarter. Vanguard Group Inc. grew its stake in J&J Snack Foods by 0.6% in the third quarter. Vanguard Group Inc. now owns 1,548,424 shares of the company’s stock valued at $253,400,000 after purchasing an additional 8,918 shares in the last quarter. Swiss National Bank boosted its stake in shares of J&J Snack Foods by 1.2% during the 3rd quarter. Swiss National Bank now owns 33,900 shares of the company’s stock worth $5,548,000 after acquiring an additional 400 shares during the period. L2 Asset Management LLC bought a new position in shares of J&J Snack Foods during the 3rd quarter worth approximately $3,087,000. Finally, American Century Companies Inc. boosted its stake in shares of J&J Snack Foods by 12,431.7% during the 3rd quarter. American Century Companies Inc. now owns 204,642 shares of the company’s stock worth $33,490,000 after acquiring an additional 203,009 shares during the period. 76.04% of the stock is currently owned by institutional investors.

Insider Transactions at J&J Snack Foods

In other news, Director Marjorie Shreiber Roshkoff sold 625 shares of J&J Snack Foods stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $147.73, for a total transaction of $92,331.25. Following the completion of the transaction, the director now directly owns 69,459 shares in the company, valued at approximately $10,261,178.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 22.20% of the stock is currently owned by corporate insiders.

J&J Snack Foods Stock Performance

Shares of NASDAQ JJSF opened at $136.67 on Friday. The company has a current ratio of 2.40, a quick ratio of 1.36 and a debt-to-equity ratio of 0.01. J&J Snack Foods Corp. has a 12 month low of $133.23 and a 12 month high of $177.71. The stock has a 50 day moving average of $141.38 and a 200-day moving average of $154.37. The company has a market capitalization of $2.65 billion, a P/E ratio of 33.25 and a beta of 0.52.

J&J Snack Foods (NASDAQ:JJSF) last issued its earnings results on Monday, February 5th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.35). J&J Snack Foods had a return on equity of 9.98% and a net margin of 5.11%. The business had revenue of $348.31 million for the quarter, compared to the consensus estimate of $363.54 million. As a group, equities research analysts predict that J&J Snack Foods Corp. will post 5.06 EPS for the current year.

J&J Snack Foods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.735 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $2.94 annualized dividend and a dividend yield of 2.15%. J&J Snack Foods’s dividend payout ratio is currently 71.53%.

About J&J Snack Foods

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.