Barclays PLC Increases Stock Position in Nathan’s Famous, Inc. (NASDAQ:NATH)

Barclays PLC increased its position in shares of Nathan’s Famous, Inc. (NASDAQ:NATH) by 271.3% during the 3rd quarter, Holdings Channel reports. The firm owned 4,084 shares of the restaurant operator’s stock after purchasing an additional 2,984 shares during the quarter. Barclays PLC’s holdings in Nathan’s Famous were worth $330,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new position in shares of Nathan’s Famous during the 3rd quarter worth approximately $309,000. Seizert Capital Partners LLC grew its holdings in shares of Nathan’s Famous by 21.6% in the third quarter. Seizert Capital Partners LLC now owns 4,624 shares of the restaurant operator’s stock valued at $374,000 after acquiring an additional 821 shares in the last quarter. AE Wealth Management LLC purchased a new stake in shares of Nathan’s Famous during the second quarter valued at approximately $813,000. Janney Montgomery Scott LLC lifted its holdings in Nathan’s Famous by 2.8% during the third quarter. Janney Montgomery Scott LLC now owns 11,234 shares of the restaurant operator’s stock worth $909,000 after acquiring an additional 310 shares during the period. Finally, Annex Advisory Services LLC grew its stake in Nathan’s Famous by 15.4% in the 3rd quarter. Annex Advisory Services LLC now owns 14,732 shares of the restaurant operator’s stock valued at $1,192,000 after purchasing an additional 1,961 shares during the period. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Nathan’s Famous Price Performance

Shares of Nathan’s Famous stock opened at $78.08 on Monday. The firm has a market cap of $318.57 million, a PE ratio of 14.62 and a beta of 0.25. Nathan’s Famous, Inc. has a 1 year low of $63.01 and a 1 year high of $94.97. The stock has a fifty day moving average price of $82.83 and a 200-day moving average price of $79.61.

Nathan’s Famous Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 25th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, November 25th. This represents a $2.00 dividend on an annualized basis and a yield of 2.56%. Nathan’s Famous’s dividend payout ratio (DPR) is presently 37.45%.

Nathan’s Famous Company Profile

Nathan’s Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan’s Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.