J&J Snack Foods Corp. (NASDAQ:JJSF) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its holdings in J&J Snack Foods Corp. (NASDAQ:JJSF) by 4.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 28,144 shares of the company’s stock after selling 1,300 shares during the period. New York State Teachers Retirement System owned approximately 0.15% of J&J Snack Foods worth $4,844,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JJSF. Arizona State Retirement System raised its stake in shares of J&J Snack Foods by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 4,341 shares of the company’s stock valued at $705,000 after acquiring an additional 83 shares during the period. Creative Planning raised its position in J&J Snack Foods by 1.9% in the third quarter. Creative Planning now owns 4,683 shares of the company’s stock valued at $806,000 after purchasing an additional 86 shares during the period. GAMMA Investing LLC lifted its stake in shares of J&J Snack Foods by 24.0% during the third quarter. GAMMA Investing LLC now owns 454 shares of the company’s stock worth $78,000 after purchasing an additional 88 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of J&J Snack Foods by 1.3% in the second quarter. Louisiana State Employees Retirement System now owns 7,800 shares of the company’s stock worth $1,266,000 after buying an additional 100 shares during the period. Finally, Illinois Municipal Retirement Fund grew its stake in shares of J&J Snack Foods by 1.4% in the first quarter. Illinois Municipal Retirement Fund now owns 8,632 shares of the company’s stock valued at $1,248,000 after buying an additional 121 shares in the last quarter. 76.04% of the stock is owned by institutional investors and hedge funds.

J&J Snack Foods Price Performance

JJSF opened at $169.43 on Wednesday. J&J Snack Foods Corp. has a twelve month low of $133.23 and a twelve month high of $176.38. The company has a current ratio of 2.27, a quick ratio of 1.39 and a debt-to-equity ratio of 0.01. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of 37.65 and a beta of 0.63. The company has a fifty day simple moving average of $167.70 and a 200 day simple moving average of $164.07.

J&J Snack Foods (NASDAQ:JJSF) last announced its earnings results on Monday, August 5th. The company reported $1.98 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.01). J&J Snack Foods had a net margin of 5.49% and a return on equity of 10.70%. The business had revenue of $439.96 million for the quarter, compared to analyst estimates of $440.92 million. During the same quarter in the prior year, the business earned $1.92 earnings per share. The firm’s revenue was up 3.3% on a year-over-year basis. Equities research analysts expect that J&J Snack Foods Corp. will post 5.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Benchmark restated a “buy” rating and issued a $200.00 price target on shares of J&J Snack Foods in a report on Tuesday, October 29th.

Insider Buying and Selling at J&J Snack Foods

In other J&J Snack Foods news, VP Mary Lou Kehoe sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $169.59, for a total value of $254,385.00. Following the transaction, the vice president now directly owns 742 shares of the company’s stock, valued at $125,835.78. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, VP Mary Lou Kehoe sold 1,500 shares of J&J Snack Foods stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $169.59, for a total value of $254,385.00. Following the completion of the sale, the vice president now owns 742 shares in the company, valued at approximately $125,835.78. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gerald B. Shreiber sold 20,000 shares of the stock in a transaction on Saturday, August 31st. The shares were sold at an average price of $167.95, for a total transaction of $3,359,000.00. The disclosure for this sale can be found here. 22.20% of the stock is owned by insiders.

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.