Jack In The Box Inc. (JACK) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lowered its stake in Jack In The Box Inc. (NASDAQ:JACK) by 11.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 6,464 shares of the restaurant operator’s stock after selling 849 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Jack In The Box were worth $659,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in shares of Jack In The Box by 9.0% during the 2nd quarter. Royal Bank of Canada now owns 1,274 shares of the restaurant operator’s stock valued at $126,000 after buying an additional 105 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of 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 valued at $156,000 after buying an additional 601 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of 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 valued at $185,000 after buying an additional 283 shares during the last quarter. FNY Managed Accounts LLC grew its position in shares of Jack In The Box by 90.6% during the 2nd quarter. FNY Managed Accounts LLC now owns 2,030 shares of the restaurant operator’s stock valued at $199,000 after buying an additional 965 shares during the last quarter. Finally, Riverhead Capital Management LLC grew its position in shares of 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 valued at $207,000 after buying an additional 797 shares during the last quarter. 96.90% of the stock is owned by institutional investors.

A number of equities research analysts recently weighed in on JACK shares. Zacks Investment Research raised shares of Jack In The Box from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Jefferies Group LLC restated a “buy” rating and issued a $120.00 target price on shares of Jack In The Box in a research report on Thursday, October 12th. Telsey Advisory Group upgraded shares of Jack In The Box from a “market perform” rating to an “outperform” rating and set a $118.00 target price for the company in a research report on Wednesday, October 4th. Wells Fargo & Company restated an “outperform” rating and issued a $125.00 target price on shares of Jack In The Box in a research report on Thursday, August 3rd. Finally, Wedbush restated a “buy” rating and issued a $115.00 target price on shares of Jack In The Box in a research report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $113.38.

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Shares of Jack In The Box Inc. (NASDAQ:JACK) opened at $99.70 on Tuesday. The firm has a market cap of $2,942.15, a P/E ratio of 23.92, a PEG ratio of 1.52 and a beta of 0.52. Jack In The Box Inc. has a one year low of $90.89 and a one year high of $113.30. The company has a quick ratio of 0.63, a current ratio of 0.66 and a debt-to-equity ratio of -2.56.

In other news, insider Frances L. Allen sold 530 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $102.71, for a total value of $54,436.30. Following the completion of the sale, the insider now directly owns 10,979 shares of the company’s stock, valued at approximately $1,127,653.09. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.10% of the company’s stock.

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.

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

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