Radnor Capital Management LLC Takes Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

Radnor Capital Management LLC acquired a new stake in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 3,402 shares of the company’s stock, valued at approximately $586,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of J&J Snack Foods by 4.6% during the first quarter. Vanguard Group Inc. now owns 1,636,305 shares of the company’s stock worth $236,544,000 after purchasing an additional 71,378 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of J&J Snack Foods by 3.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,620,378 shares of the company’s stock valued at $278,899,000 after acquiring an additional 57,887 shares in the last quarter. Westwood Holdings Group Inc. boosted its stake in J&J Snack Foods by 22.4% in the 1st quarter. Westwood Holdings Group Inc. now owns 542,945 shares of the company’s stock worth $78,488,000 after purchasing an additional 99,264 shares during the period. Thrivent Financial for Lutherans grew its position in J&J Snack Foods by 130.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 535,831 shares of the company’s stock worth $87,003,000 after purchasing an additional 303,673 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in J&J Snack Foods by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 458,203 shares of the company’s stock valued at $74,400,000 after purchasing an additional 18,932 shares during the period. 76.04% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other J&J Snack Foods news, Director Gerald B. Shreiber sold 20,000 shares of the business’s stock in a transaction that occurred on Saturday, August 31st. The shares were sold at an average price of $167.95, for a total value of $3,359,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 22.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

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

J&J Snack Foods Stock Performance

Shares of JJSF opened at $179.02 on Thursday. 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 debt-to-equity ratio of 0.01, a quick ratio of 1.39 and a current ratio of 2.27. The company has a market capitalization of $3.48 billion, a PE ratio of 39.78 and a beta of 0.63. The company’s 50 day moving average price is $167.93 and its 200 day moving average price is $164.40.

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

J&J Snack Foods Profile

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.