Jane Street Group LLC increased its stake in shares of Bob Evans Farms Inc (NASDAQ:BOBE) by 764.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,128 shares of the restaurant operator’s stock after acquiring an additional 9,840 shares during the quarter. Jane Street Group LLC owned about 0.06% of Bob Evans Farms worth $863,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Bob Evans Farms by 0.6% during the second quarter. Vanguard Group Inc. now owns 2,721,591 shares of the restaurant operator’s stock valued at $195,492,000 after purchasing an additional 16,931 shares in the last quarter. Victory Capital Management Inc. raised its stake in Bob Evans Farms by 65.4% during the second quarter. Victory Capital Management Inc. now owns 835,743 shares of the restaurant operator’s stock valued at $60,031,000 after purchasing an additional 330,336 shares in the last quarter. Northern Trust Corp raised its stake in Bob Evans Farms by 1.9% during the second quarter. Northern Trust Corp now owns 745,225 shares of the restaurant operator’s stock valued at $53,530,000 after purchasing an additional 13,564 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Bob Evans Farms by 405.7% during the third quarter. JPMorgan Chase & Co. now owns 721,350 shares of the restaurant operator’s stock valued at $55,955,000 after purchasing an additional 578,696 shares in the last quarter. Finally, State Street Corp raised its stake in Bob Evans Farms by 2.0% during the second quarter. State Street Corp now owns 541,902 shares of the restaurant operator’s stock valued at $38,923,000 after purchasing an additional 10,440 shares in the last quarter. 77.93% of the stock is currently owned by institutional investors.

A number of equities research analysts recently issued reports on the stock. Maxim Group downgraded shares of Bob Evans Farms from a “buy” rating to a “hold” rating and set a $77.00 price target on the stock. in a research note on Tuesday, September 19th. Berenberg Bank downgraded shares of Bob Evans Farms from a “buy” rating to a “hold” rating and decreased their price target for the company from $78.00 to $77.00 in a research note on Wednesday, September 20th. Zacks Investment Research raised shares of Bob Evans Farms from a “hold” rating to a “buy” rating and set a $77.00 price target on the stock in a research note on Monday, September 4th. BidaskClub downgraded shares of Bob Evans Farms from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 5th. Finally, CJS Securities assumed coverage on shares of Bob Evans Farms in a research note on Wednesday, September 20th. They set an “outperform” rating and a $85.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $76.05.

Shares of Bob Evans Farms Inc (NASDAQ BOBE) opened at $78.28 on Thursday. Bob Evans Farms Inc has a 12 month low of $47.28 and a 12 month high of $78.33. The firm has a market cap of $1,550.00, a price-to-earnings ratio of 37.37 and a beta of 0.54. The company has a quick ratio of 1.13, a current ratio of 1.63 and a debt-to-equity ratio of 0.72.

Bob Evans Farms (NASDAQ:BOBE) last announced its earnings results on Wednesday, December 6th. The restaurant operator reported $0.35 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.35. Bob Evans Farms had a net margin of 1.91% and a return on equity of 5.14%. The business had revenue of $117.63 million for the quarter, compared to the consensus estimate of $117.10 million. During the same quarter in the prior year, the firm posted $0.56 earnings per share. sell-side analysts expect that Bob Evans Farms Inc will post 2.21 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Monday, December 11th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Friday, December 8th. Bob Evans Farms’s dividend payout ratio is currently 106.25%.

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Bob Evans Farms Company Profile

Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company’s food products are distributed to customers throughout the United States.

Institutional Ownership by Quarter for Bob Evans Farms (NASDAQ:BOBE)

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