Jack In The Box Inc. (JACK) Stake Lessened by First Quadrant L P CA

First Quadrant L P CA cut its stake in Jack In The Box Inc. (NASDAQ:JACK) by 35.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,400 shares of the restaurant operator’s stock after selling 4,600 shares during the period. First Quadrant L P CA’s holdings in Jack In The Box were worth $856,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its holdings in shares of Jack In The Box by 20,582.3% in the first quarter. BlackRock Inc. now owns 3,274,426 shares of the restaurant operator’s stock valued at $333,074,000 after acquiring an additional 3,258,594 shares in the last quarter. State Street Corp boosted its holdings in shares of Jack In The Box by 0.3% in the second quarter. State Street Corp now owns 1,064,477 shares of the restaurant operator’s stock valued at $104,850,000 after acquiring an additional 3,496 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Jack In The Box by 60.9% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 850,225 shares of the restaurant operator’s stock valued at $86,656,000 after acquiring an additional 321,825 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Jack In The Box by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 746,173 shares of the restaurant operator’s stock valued at $73,497,000 after acquiring an additional 8,434 shares in the last quarter. Finally, Koch Industries Inc. bought a new position in shares of Jack In The Box in the second quarter valued at approximately $568,000. Institutional investors and hedge funds own 96.09% of the company’s stock.

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Shares of Jack In The Box Inc. (NASDAQ:JACK) opened at $102.69 on Friday. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 24.21, a P/E/G ratio of 1.53 and a beta of 0.52. The company has a debt-to-equity ratio of -2.56, a quick ratio of 0.63 and a current ratio of 0.66.

Jack In The Box (NASDAQ:JACK) last posted its quarterly earnings results on Wednesday, August 9th. The restaurant operator reported $0.99 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.05 by ($0.06). The business had revenue of $357.80 million for the quarter, compared to the consensus estimate of $360.84 million. Jack In The Box had a negative return on equity of 37.83% and a net margin of 8.51%. The company’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period last year, the firm earned $1.07 earnings per share. equities analysts anticipate that Jack In The Box Inc. will post 4.07 EPS for the current fiscal year.

Several research firms have recently issued reports on JACK. Zacks Investment Research upgraded shares of Jack In The Box from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Wedbush reaffirmed a “buy” rating and issued a $115.00 price objective on shares of Jack In The Box in a research note on Friday, October 13th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Jack In The Box in a research note on Thursday, October 12th. Telsey Advisory Group raised shares of Jack In The Box from a “market perform” rating to an “outperform” rating and set a $118.00 price objective for the company in a research note on Wednesday, October 4th. Finally, Stifel Nicolaus assumed coverage on shares of Jack In The Box in a research report on Monday, October 2nd. They issued a “hold” rating and a $105.00 target price for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. Jack In The Box currently has a consensus rating of “Buy” and an average price target of $113.38.

Jack In The Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas.

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Institutional Ownership by Quarter for Jack In The Box (NASDAQ:JACK)

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