Ownership Action to Note: Jack In The Box Inc (NASDAQ:JACK) Institutional Investors Sentiment

November 30, 2016 - By Darrin Black   ·   0 Comments

Ownership Action to Note: Jack In The Box Inc (NASDAQ:JACK) Institutional Investors Sentiment

Sentiment for Jack In The Box Inc (NASDAQ:JACK)

Jack In The Box Inc (NASDAQ:JACK) institutional sentiment increased to 0.92 in Q2 2016. Its up 0.14, from 0.78 in 2016Q1. The ratio increased, as 109 funds increased and opened new stock positions, while 139 reduced and sold their positions in Jack In The Box Inc. The funds in our partner’s database now have: 31.72 million shares, down from 31.74 million shares in 2016Q1. Also, the number of funds holding Jack In The Box Inc in their top 10 stock positions increased from 1 to 3 for an increase of 2. Sold All: 34 Reduced: 105 Increased: 59 New Position: 50.

Jack in the Box Inc. is a restaurant company. The company has a market cap of $3.38 billion. The Firm operates and franchises approximately 2,910 Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants (Qdoba). It has a 28.17 P/E ratio. The Company’s divisions are Jack in the Box and Qdoba Restaurant operations.

About 213,252 shares traded hands. Jack in the Box Inc. (NASDAQ:JACK) has risen 51.88% since April 27, 2016 and is uptrending. It has outperformed by 46.65% the S&P500.

Analysts await Jack in the Box Inc. (NASDAQ:JACK) to report earnings on February, 15. They expect $1.26 earnings per share, up 35.48% or $0.33 from last year’s $0.93 per share. JACK’s profit will be $40.79M for 20.71 P/E if the $1.26 EPS becomes a reality. After $1.03 actual earnings per share reported by Jack in the Box Inc. for the previous quarter, Wall Street now forecasts 22.33% EPS growth.

According to Zacks Investment Research, “Jack in the Box is a quick-service hamburger restaurant chain. Jack in the Box restaurants offer a broad selection of distinctive, innovative products targeted at the adult fast-food consumer. The Jack in the Box menu features a variety of hamburgers, specialty sandwiches, salads, Mexican food, finger foods and side items. The core of the Jack in the Box menu is its hamburger products, including its signature hamburgers, the Jumbo Jack, Ultimate Cheeseburger and Sourdough Jack.”

Tiger Legatus Capital Management Llc holds 5.72% of its portfolio in Jack in the Box Inc. for 220,000 shares. Hwg Holdings Lp owns 30,340 shares or 2.42% of their US portfolio. Moreover, Falcon Point Capital Llc has 2.19% invested in the company for 147,332 shares. The Wisconsin-based Cortina Asset Management Llc has invested 1.5% in the stock. Emerald Advisers Inc Pa, a Pennsylvania-based fund reported 333,300 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 19 sales for $16.54 million net activity.

Jack in the Box Inc. (NASDAQ:JACK) Ratings Coverage

Ratings analysis reveals 57% of Jack In The Box Inc.’s analysts are positive. Out of 14 Wall Street analysts rating Jack In The Box Inc., 8 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $70 while the high is $121. The stock’s average target of $95.80 is -8.24% below today’s ($104.4) share price. JACK was included in 27 notes of analysts from August 6, 2015. The stock of Jack in the Box Inc. (NASDAQ:JACK) earned “Buy” rating by Wunderlich on Wednesday, August 5. The rating was maintained by Cowen & Co with “Outperform” on Thursday, May 26. The stock has “Equal-Weight” rating given by Barclays Capital on Friday, February 19. The firm has “Outperform” rating given on Thursday, June 23 by Wedbush. The rating was upgraded by Robert W. Baird to “Outperform” on Thursday, May 26. The rating was initiated by SunTrust on Wednesday, January 6 with “Neutral”. The firm has “Hold” rating given on Tuesday, April 5 by Evercore. The firm has “Outperform” rating given on Friday, August 5 by Wedbush. Jefferies maintained Jack in the Box Inc. (NASDAQ:JACK) rating on Friday, November 25. Jefferies has “Buy” rating and $121 price target. The stock of Jack in the Box Inc. (NASDAQ:JACK) earned “Buy” rating by Jefferies on Thursday, November 19.

JACK Company Profile

Jack in the Box Inc., incorporated on May 27, 1999, is a restaurant company. The Firm operates and franchises approximately 2,910 Jack in the Box quick-service restaurants (QSR) and Qdoba Mexican Eats fast-casual restaurants (Qdoba). The Company’s divisions are Jack in the Box and Qdoba Restaurant operations. The Firm operates and franchises approximately 2,250 Jack in the Box restaurants, primarily in the western and southern United States, including one in Guam, approximately 660 Qdoba restaurants across the United States, and approximately four in Canada.

More important recent Jack in the Box Inc. (NASDAQ:JACK) news were published by: Wsj.com which released: “Jack in the Box Same-Store Sales at Company-Owned Locations Disappoint” on November 21, 2016, also Streetinsider.com published article titled: “Form 3 JACK IN THE BOX INC /NEW For: Nov 17 Filed by: ALTER IWONA”, Streetinsider.com published: “Form 4 JACK IN THE BOX INC /NEW For: Nov 28 Filed by: COMMA LEONARD A” on November 30, 2016. More interesting news about Jack in the Box Inc. (NASDAQ:JACK) was released by: Zacks.com and their article: “Will Jack in the Box (JACK) Q4 Earnings Spring a Surprise?” with publication date: November 18, 2016.

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By Darrin Black


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