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

State of New Jersey Common Pension Fund D raised its holdings in shares of J&J Snack Foods Corp. (NASDAQ:JJSF) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,878 shares of the company’s stock after acquiring an additional 148 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.06% of J&J Snack Foods worth $2,044,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Arizona State Retirement System boosted its holdings 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 valued at $705,000 after purchasing an additional 83 shares in the last quarter. Creative Planning boosted its holdings in shares of J&J Snack Foods by 1.9% in the 3rd quarter. Creative Planning now owns 4,683 shares of the company’s stock valued at $806,000 after buying an additional 86 shares in the last quarter. GAMMA Investing LLC grew its position 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 buying an additional 88 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of J&J Snack Foods by 1.3% in the 2nd quarter. Louisiana State Employees Retirement System now owns 7,800 shares of the company’s stock valued at $1,266,000 after buying an additional 100 shares during the last quarter. Finally, Blair William & Co. IL raised its stake in J&J Snack Foods by 2.4% during the 2nd quarter. Blair William & Co. IL now owns 8,103 shares of the company’s stock worth $1,316,000 after acquiring an additional 190 shares in the last quarter. Hedge funds and other institutional investors own 76.04% of the company’s stock.

J&J Snack Foods Trading Down 2.8 %

NASDAQ:JJSF opened at $161.77 on Friday. The company has a market capitalization of $3.14 billion, a PE ratio of 36.35 and a beta of 0.63. J&J Snack Foods Corp. has a 52-week low of $133.23 and a 52-week high of $180.80. The stock’s 50 day moving average price is $168.39 and its 200 day moving average price is $165.90. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.01.

Analyst Upgrades and Downgrades

Separately, Benchmark reaffirmed a “buy” rating and set a $200.00 price objective on shares of J&J Snack Foods in a report on Friday.

Insider Activity

In other news, Director Gerald B. Shreiber sold 20,000 shares of the company’s stock in a transaction dated Saturday, August 31st. The shares were sold at an average price of $167.95, for a total value of $3,359,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 22.20% of the company’s stock.

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.