State of New Jersey Common Pension Fund D Increases Stock Position in J&J Snack Foods Corp. (NASDAQ:JJSF)

State of New Jersey Common Pension Fund D lifted its holdings in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 1.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,878 shares of the company’s stock after buying an additional 148 shares during the period. State of New Jersey Common Pension Fund D’s holdings in J&J Snack Foods were worth $2,044,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of JJSF. Arizona State Retirement System raised its position in J&J Snack Foods by 1.9% in the second quarter. Arizona State Retirement System now owns 4,341 shares of the company’s stock worth $705,000 after acquiring an additional 83 shares in the last quarter. Creative Planning grew its stake in shares of J&J Snack Foods by 1.9% during the 3rd quarter. Creative Planning now owns 4,683 shares of the company’s stock worth $806,000 after purchasing an additional 86 shares during the period. GAMMA Investing LLC increased its holdings in shares of J&J Snack Foods by 24.0% in the 3rd quarter. GAMMA Investing LLC now owns 454 shares of the company’s stock valued at $78,000 after purchasing an additional 88 shares in the last quarter. Louisiana State Employees Retirement System lifted its stake 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 valued at $1,266,000 after purchasing an additional 100 shares during the period. Finally, Blair William & Co. IL boosted its holdings in J&J Snack Foods by 2.4% during the second quarter. Blair William & Co. IL now owns 8,103 shares of the company’s stock worth $1,316,000 after buying an additional 190 shares in the last quarter. 76.04% of the stock is currently owned by hedge funds and other institutional investors.

J&J Snack Foods Trading Down 2.8 %

Shares of JJSF stock opened at $161.77 on Friday. J&J Snack Foods Corp. has a fifty-two week low of $133.23 and a fifty-two week high of $180.80. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $168.39 and a 200-day simple moving average of $165.90. The stock has a market cap of $3.14 billion, a P/E ratio of 36.35 and a beta of 0.63.

Insider Buying and Selling at J&J Snack Foods

In related news, Director Gerald B. Shreiber sold 20,000 shares of the company’s stock in a transaction that occurred on Saturday, August 31st. The stock was sold at an average price of $167.95, for a total value of $3,359,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 22.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

J&J Snack Foods Company 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.