J&J Snack Foods Corp. (JJSF) Forms H&S Pattern Trading at $139.54

Doris Richards
April 16, 2018

University of MI professor and noted insider trading researcher, Nejat Seyhun, discovered that when insiders bought shares of their own companies, the stocks outperformed the total market by 8.9% over the following year while when they sold shares, the stock underperformed 5.4% over the same period. The stock decreased 0.25% or $0.35 during the last trading session, reaching $139.77. Looking at some moving average levels on shares of J&J Snack Foods Corp. J&J Snack Foods Corp. (NASDAQ:JJSF) has declined 1.52% since April 15, 2017 and is downtrending. JJSF underperformed by 13.07% the S&P500.

Powers increased its stake in Intuitive Surgical Inc (ISRG) by 188.91% based on its latest 2017Q4 regulatory filing with the SEC.

Gratia Capital Llc holds 3.47% of its portfolio in Insight Enterprises, Inc. for 361,300 shares. (NASDAQ:ISRG). Atria Limited Company reported 1,777 shares. Flowering Tree Investment Management Pte Ltd who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $452.02B market cap company. The stock increased 5.34% or $0.2121 during the last trading session, reaching $4.1866. Legal & General Group Plc grew its holdings in shares of J & J Snack Foods by 1.6% in the third quarter. It has outperformed by 46.88% the S&P500. Flinton Capital Management LLC now owns 3,024 shares of the company's stock valued at $459,000 after acquiring an additional 560 shares during the period. They expect $0.60 earnings per share, up 7.14% or $0.04 from last year's $0.56 per share. JJSF's profit will be $18.86M for 34.54 P/E if the $1.01 EPS becomes a reality. After $0.78 actual EPS reported by J&J Snack Foods Corp. for the previous quarter, Wall Street now forecasts 29.49 % EPS growth. Zacks Investment Research raised shares of J & J Snack Foods from a "sell" rating to a "hold" rating in a research note on Wednesday, January 17th. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. As per Tuesday, July 18, the company rating was maintained by RBC Capital Markets. Suntrust Robinson maintained it with "Buy" rating and $200 target in Thursday, August 17 report. The firm earned "Buy" rating on Wednesday, March 28 by UBS. SunTrust maintained it with "Buy" rating and $210.0 target in Thursday, November 2 report. They issued a "buy" rating on the stock.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $225,440 activity. (NASDAQ:JJSF). Ls Invest Ltd Liability Co owns 436 shares. It also upped Bb&T Corp (NYSE:BBT) stake by 75,617 shares and now owns 1.80 million shares.


BidaskClub upgraded shares of J & J Snack Foods (NASDAQ:JJSF) from a hold rating to a buy rating in a report released on Friday, April 6th. Therefore 64% are positive. Zacks Investment Research cut shares of J & J Snack Foods from a buy rating to a hold rating in a research note on Wednesday, April 4th. Citigroup upgraded the shares of United Nations in report on Wednesday, August 31 to "Buy" rating. (NASDAQ:JJSF) has "Hold" rating given on Monday, September 25 by Jefferies. Its portfolio of products includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies and bakery goods, and other snack foods and drinks. The firm has "Hold" rating by Jefferies given on Thursday, June 29. On Friday, October 27 the firm earned "Hold" rating by Jefferies.

Investors sentiment decreased to 1.04 in 2017 Q4. KeyCorp also issued estimates for J & J Snack Foods' Q2 2018 earnings at $1.01 EPS, Q3 2018 earnings at $1.60 EPS, Q4 2018 earnings at $1.51 EPS, FY2018 earnings at $5.00 EPS, Q1 2019 earnings at $0.98 EPS, Q2 2019 earnings at $1.12 EPS, Q3 2019 earnings at $1.74 EPS, Q4 2019 earnings at $1.66 EPS and FY2019 earnings at $5.50 EPS. It dived, as 7 investors sold J&J Snack Foods Corp. shares while 67 reduced holdings. 29 funds acquired stakes and 48 increased stakes. Congress Asset Mgmt Ma accumulated 9,784 shares. The Westwood Holdings Group Inc holds 476,532 shares with $72.35M value, down from 497,430 last quarter. (NASDAQ:JJSF). Swiss Natl Bank invested in 0% or 25,100 shares. Following the sale, the insider now directly owns 99,872 shares of the company's stock, valued at approximately $13,916,164.48. Schwab Charles Investment Management Inc. now owns 98,066 shares of the company's stock valued at $14,890,000 after acquiring an additional 5,879 shares during the period. Envestnet Asset Mngmt accumulated 0.04% or 43,284 shares. Bahl Gaynor stated it has 0.02% in J&J Snack Foods Corp.

J & J Snack Foods Corp.is a manufacturer, marketer and distributor of a range of snack foods and beverages for the food service and retail supermarket industries.

Westwood Holdings Group Inc increased Brooks Automation Inc (NASDAQ:BRKS) stake by 377,435 shares to 882,810 valued at $21.06M in 2017Q4.

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