Arrowstreet Capital Limited Partnership lifted its position in shares of Jack In The Box Inc. (NASDAQ:JACK) by 6.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 145,726 shares of the restaurant operator’s stock after buying an additional 9,215 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.50% of Jack In The Box worth $14,354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Jack In The Box by 20,582.3% during the first quarter. BlackRock Inc. now owns 3,274,426 shares of the restaurant operator’s stock worth $333,074,000 after buying an additional 3,258,594 shares during the period. FMR LLC increased its position in shares of Jack In The Box by 72.6% during the first quarter. FMR LLC now owns 1,283,344 shares of the restaurant operator’s stock worth $130,542,000 after buying an additional 539,805 shares during the period. State Street Corp increased its position in shares of Jack In The Box by 0.3% during the second quarter. State Street Corp now owns 1,064,477 shares of the restaurant operator’s stock worth $104,850,000 after buying an additional 3,496 shares during the period. Credit Suisse AG increased its position in shares of Jack In The Box by 514.2% during the first quarter. Credit Suisse AG now owns 943,680 shares of the restaurant operator’s stock worth $95,990,000 after buying an additional 790,044 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Jack In The Box by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 746,173 shares of the restaurant operator’s stock worth $73,497,000 after buying an additional 8,434 shares during the period. Institutional investors own 94.94% of the company’s stock.

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Jack In The Box Inc. (JACK) traded down 1.52% on Thursday, hitting $98.70. 64,667 shares of the company were exchanged. The company has a 50 day moving average price of $97.10 and a 200-day moving average price of $99.53. Jack In The Box Inc. has a 52 week low of $90.89 and a 52 week high of $113.30. The stock has a market capitalization of $2.90 billion, a P/E ratio of 22.77 and a beta of 0.58.

Jack In The Box (NASDAQ:JACK) last posted its earnings results on Wednesday, August 9th. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.05 by ($0.06). The company had revenue of $357.80 million for the quarter, compared to the consensus estimate of $360.84 million. Jack In The Box had a net margin of 8.51% and a negative return on equity of 37.83%. Jack In The Box’s revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.07 EPS. On average, equities analysts expect that Jack In The Box Inc. will post $4.05 earnings per share for the current fiscal year.

Several research firms have recently weighed in on JACK. Robert W. Baird decreased their price objective on shares of Jack In The Box from $120.00 to $115.00 and set an “outperform” rating for the company in a research report on Tuesday, August 8th. Barclays PLC cut their target price on shares of Jack In The Box from $110.00 to $103.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 10th. Wedbush reissued a “buy” rating on shares of Jack In The Box in a research note on Friday, August 11th. Zacks Investment Research raised shares of Jack In The Box from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Jefferies Group LLC reissued a “buy” rating and set a $120.00 target price on shares of Jack In The Box in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $114.15.

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.

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

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