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

Nicolet Advisory Services LLC grew its stake in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 6.4% in the third quarter, according to the company in its most recent Form 13F 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 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Champlain Investment Partners LLC boosted its holdings in shares of J&J Snack Foods by 2.2% during the 3rd quarter. Champlain Investment Partners LLC now owns 377,750 shares of the company’s stock valued at $65,018,000 after buying an additional 8,187 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in J&J Snack Foods by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 184,105 shares of the company’s stock worth $31,688,000 after buying an additional 1,446 shares during the last quarter. Landscape Capital Management L.L.C. bought a new position in J&J Snack Foods during the third quarter valued at approximately $665,000. Intech Investment Management LLC bought a new stake in shares of J&J Snack Foods in the third quarter worth $654,000. Finally, Segall Bryant & Hamill LLC grew its stake in shares of J&J Snack Foods by 5.6% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 24,960 shares of the company’s stock valued at $4,296,000 after purchasing an additional 1,324 shares during the period. 76.04% of the stock is owned by institutional investors.

J&J Snack Foods Stock Up 2.1 %

Shares of J&J Snack Foods stock opened at $171.16 on Monday. The stock’s 50-day simple moving average is $168.66 and its 200-day simple moving average is $166.98. J&J Snack Foods Corp. has a 52 week low of $133.23 and a 52 week high of $180.80. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 38.46 and a beta of 0.63.

J&J Snack Foods (NASDAQ:JJSF) last released its quarterly earnings data on Wednesday, November 13th. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.85 by ($0.25). The company had revenue of $426.76 million for the quarter, compared to the consensus estimate of $428.33 million. J&J Snack Foods had a net margin of 5.50% and a return on equity of 10.32%. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the company earned $1.73 EPS. On average, equities analysts expect that J&J Snack Foods Corp. will post 5.49 earnings per share for the current year.

J&J Snack Foods Dividend Announcement

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

Analysts Set New Price Targets

Separately, Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of J&J Snack Foods in a report on Friday, November 15th.

Insider Buying and Selling

In related news, Director Gerald B. Shreiber sold 20,000 shares of J&J Snack Foods stock in a transaction that occurred 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 22.20% of the stock is currently 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.