New York State Common Retirement Fund trimmed its stake in shares of Jack In The Box Inc. (NASDAQ:JACK) by 17.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,380 shares of the restaurant operator’s stock after selling 8,320 shares during the quarter. New York State Common Retirement Fund owned approximately 0.13% of Jack In The Box worth $3,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. FNY Managed Accounts LLC bought a new position in Jack In The Box during the 1st quarter worth approximately $108,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Jack In The Box by 61.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,585 shares of the restaurant operator’s stock worth $156,000 after acquiring an additional 601 shares during the last quarter. Victory Capital Management Inc. grew its position in Jack In The Box by 17.8% during the 2nd quarter. Victory Capital Management Inc. now owns 1,875 shares of the restaurant operator’s stock worth $185,000 after acquiring an additional 283 shares during the last quarter. Riverhead Capital Management LLC grew its position in Jack In The Box by 61.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,097 shares of the restaurant operator’s stock worth $207,000 after acquiring an additional 797 shares during the last quarter. Finally, Creative Planning grew its position in Jack In The Box by 27.9% during the 2nd quarter. Creative Planning now owns 2,290 shares of the restaurant operator’s stock worth $226,000 after acquiring an additional 500 shares during the last quarter. Institutional investors and hedge funds own 94.58% of the company’s stock.

Several equities analysts recently issued reports on JACK shares. Jefferies Group LLC restated a “buy” rating and set a $120.00 price target on shares of Jack In The Box in a research report on Thursday, July 27th. Wedbush restated a “buy” rating on shares of Jack In The Box in a research report on Friday, August 11th. Robert W. Baird restated a “buy” rating and set a $115.00 price target on shares of Jack In The Box in a research report on Tuesday, September 19th. TheStreet lowered Jack In The Box from a “b-” rating to a “c” rating in a research report on Wednesday, August 9th. Finally, Barclays PLC reduced their price target on Jack In The Box from $110.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $113.38.

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Jack In The Box Inc. (NASDAQ JACK) opened at 101.36 on Thursday. Jack In The Box Inc. has a 1-year low of $90.89 and a 1-year high of $113.30. The stock has a 50 day moving average price of $97.75 and a 200-day moving average price of $99.50. The stock has a market cap of $2.98 billion, a PE ratio of 23.39 and a beta of 0.58.

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

Jack In The Box 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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