Aew Capital Management LP Decreased Its Stake in Camden Property Trust (CPT) by $34.13 Million; Morgan Dempsey Capital Management Has Lowered Holding in J & J Snack Foods Corp. (JJSF) as Share Value Declined

April 17, 2018 - By William Brooks

J&J Snack Foods Corp. (NASDAQ:JJSF) Logo

Morgan Dempsey Capital Management Llc decreased its stake in J & J Snack Foods Corp. (JJSF) by 3.97% based on its latest 2017Q4 regulatory filing with the SEC. Morgan Dempsey Capital Management Llc sold 1,725 shares as the company’s stock declined 11.52% with the market. The hedge fund held 41,778 shares of the specialty foods company at the end of 2017Q4, valued at $6.34 billion, down from 43,503 at the end of the previous reported quarter. Morgan Dempsey Capital Management Llc who had been investing in J & J Snack Foods Corp. for a number of months, seems to be less bullish one the $2.66 billion market cap company. The stock increased 2.06% or $2.87 during the last trading session, reaching $142.41. About 40,549 shares traded. J&J Snack Foods Corp. (NASDAQ:JJSF) has declined 1.52% since April 17, 2017 and is downtrending. It has underperformed by 13.07% the S&P500.

Jeffrey Furber decreased its stake in Camden Property Trust (CPT) by 32.08% based on its latest 2017Q4 regulatory filing with the SEC. Aew Capital Management LP sold 371,000 shares as the company’s stock declined 9.47% with the market. The hedge fund run by Jeffrey Furber held 785,533 shares of the real estate investment trusts company at the end of 2017Q4, valued at $72.32M, down from 1.16 million at the end of the previous reported quarter. Aew Capital Management LP who had been investing in Camden Property Trust for a number of months, seems to be less bullish one the $8.14B market cap company. The stock increased 0.22% or $0.19 during the last trading session, reaching $85.75. About 520,377 shares traded. Camden Property Trust (NYSE:CPT) has risen 1.59% since April 17, 2017 and is uptrending. It has underperformed by 9.96% the S&P500.

Among 22 analysts covering Camden Property (NYSE:CPT), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 55% are positive. Camden Property had 77 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, March 19 the stock rating was upgraded by UBS to “Neutral”. The stock of Camden Property Trust (NYSE:CPT) has “Buy” rating given on Thursday, August 31 by Stifel Nicolaus. On Monday, February 5 the stock rating was maintained by Sandler O’Neill with “Buy”. The stock of Camden Property Trust (NYSE:CPT) earned “Buy” rating by SunTrust on Tuesday, July 21. The rating was downgraded by Evercore to “Buy” on Monday, August 24. The stock of Camden Property Trust (NYSE:CPT) has “Neutral” rating given on Wednesday, August 10 by Robert W. Baird. On Friday, July 14 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was maintained on Friday, September 15 by KeyBanc Capital Markets. BMO Capital Markets maintained it with “Buy” rating and $91.0 target in Monday, September 4 report. SunTrust downgraded the shares of CPT in report on Thursday, June 2 to “Neutral” rating.

Investors sentiment decreased to 1.37 in 2017 Q4. Its down 0.03, from 1.4 in 2017Q3. It turned negative, as 30 investors sold CPT shares while 83 reduced holdings. 37 funds opened positions while 118 raised stakes. 87.77 million shares or 0.54% less from 88.25 million shares in 2017Q3 were reported. Sg Americas Securities Ltd Com holds 30,550 shares. Strs Ohio has 0.05% invested in Camden Property Trust (NYSE:CPT). Bnp Paribas Asset Mngmt owns 0.04% invested in Camden Property Trust (NYSE:CPT) for 55,149 shares. Moreover, Gateway Invest Advisers Lc has 0.16% invested in Camden Property Trust (NYSE:CPT) for 198,789 shares. Ellington Group Limited Company reported 3,700 shares. Alpine Woods Investors Llc reported 0.22% stake. Picton Mahoney Asset Mgmt holds 226,000 shares or 0.56% of its portfolio. Amer Century Cos invested in 715,625 shares. Quantitative Systematic Strategies Limited Liability Co invested in 0.29% or 12,319 shares. 381,174 were reported by Sumitomo Mitsui Tru Hldg. The Japan-based Daiwa Group Inc Inc has invested 0.01% in Camden Property Trust (NYSE:CPT). Utah Retirement accumulated 21,853 shares. Bb&T Ltd Com has invested 0.01% in Camden Property Trust (NYSE:CPT). Amundi Pioneer Asset holds 0.04% of its portfolio in Camden Property Trust (NYSE:CPT) for 269,955 shares. Fmr Ltd Company has 0.02% invested in Camden Property Trust (NYSE:CPT) for 1.89 million shares.

Analysts await Camden Property Trust (NYSE:CPT) to report earnings on May, 3 after the close. They expect $1.13 EPS, up 3.67% or $0.04 from last year’s $1.09 per share. CPT’s profit will be $107.32 million for 18.97 P/E if the $1.13 EPS becomes a reality. After $1.18 actual EPS reported by Camden Property Trust for the previous quarter, Wall Street now forecasts -4.24% negative EPS growth.

Aew Capital Management L P, which manages about $25.93 billion and $3.86 billion US Long portfolio, upped its stake in Duke Realty Corp (NYSE:DRE) by 2.14M shares to 2.46 million shares, valued at $67.01M in 2017Q4, according to the filing. It also increased its holding in Retail Properties Of America Inc Cl A (NYSE:RPAI) by 365,800 shares in the quarter, for a total of 6.63M shares, and has risen its stake in Rlj Lodging Trust (NYSE:RLJ).

Since December 8, 2017, it had 0 insider buys, and 4 sales for $10.39 million activity. The insider Sengelmann William W. sold 4,478 shares worth $395,963. CAMPO RICHARD J sold $4.82 million worth of stock or 52,247 shares. 425 shares were sold by WESTBROOK KELVIN R, worth $37,579 on Friday, January 5.

Among 5 analysts covering J&J Snack Foods (NASDAQ:JJSF), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. J&J Snack Foods had 13 analyst reports since December 16, 2015 according to SRatingsIntel. The stock of J&J Snack Foods Corp. (NASDAQ:JJSF) has “Hold” rating given on Thursday, November 16 by Jefferies. Jefferies maintained J&J Snack Foods Corp. (NASDAQ:JJSF) rating on Monday, September 25. Jefferies has “Hold” rating and $125.0 target. DA Davidson downgraded J&J Snack Foods Corp. (NASDAQ:JJSF) on Wednesday, January 4 to “Neutral” rating. The rating was initiated by Jefferies on Wednesday, December 16 with “Hold”. Jefferies maintained the shares of JJSF in report on Friday, October 27 with “Hold” rating. The stock of J&J Snack Foods Corp. (NASDAQ:JJSF) has “Sector Weight” rating given on Monday, August 22 by KeyBanc Capital Markets. The stock of J&J Snack Foods Corp. (NASDAQ:JJSF) has “Hold” rating given on Wednesday, July 27 by Jefferies. The firm earned “Buy” rating on Wednesday, October 5 by DA Davidson. The stock of J&J Snack Foods Corp. (NASDAQ:JJSF) has “Hold” rating given on Tuesday, August 1 by Jefferies. The stock of J&J Snack Foods Corp. (NASDAQ:JJSF) earned “Hold” rating by Jefferies on Thursday, June 29.

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.29, from 1.33 in 2017Q3. It dived, as 7 investors sold JJSF shares while 67 reduced holdings. 29 funds opened positions while 48 raised stakes. 11.96 million shares or 1.71% less from 12.17 million shares in 2017Q3 were reported. State Board Of Administration Of Florida Retirement Sys stated it has 0% in J&J Snack Foods Corp. (NASDAQ:JJSF). Federated Invsts Pa, a Pennsylvania-based fund reported 48 shares. Ameriprise Fincl holds 82,920 shares. Bryn Mawr Trust invested 0.02% in J&J Snack Foods Corp. (NASDAQ:JJSF). Envestnet Asset Inc has 5,502 shares for 0% of their portfolio. Tiaa Cref Invest Limited Com holds 0.01% of its portfolio in J&J Snack Foods Corp. (NASDAQ:JJSF) for 71,266 shares. Parametric Associate reported 0.01% stake. Rk Asset Ltd Llc stated it has 30,293 shares or 3.88% of all its holdings. Covington Capital Mgmt holds 400 shares or 0% of its portfolio. Neuberger Berman Grp Limited reported 723,016 shares. State Of Alaska Department Of Revenue has 2,970 shares for 0.01% of their portfolio. Ranger Invest Mngmt Lp reported 130,280 shares stake. Victory Cap stated it has 0% of its portfolio in J&J Snack Foods Corp. (NASDAQ:JJSF). Granite Point Management Limited Partnership stated it has 0.09% in J&J Snack Foods Corp. (NASDAQ:JJSF). Acadian Asset Management Ltd Llc invested in 0.09% or 138,848 shares.

Since February 16, 2018, it had 0 buys, and 1 sale for $731,509 activity.

Morgan Dempsey Capital Management Llc, which manages about $340.50M and $311.19 billion US Long portfolio, upped its stake in Philip Morris International Inc. (NYSE:PM) by 696 shares to 49,893 shares, valued at $5.27B in 2017Q4, according to the filing. It also increased its holding in At&T Inc. (NYSE:T) by 30,921 shares in the quarter, for a total of 153,288 shares, and has risen its stake in Crown Castle International Corp. (NYSE:CCI).

Analysts await J&J Snack Foods Corp. (NASDAQ:JJSF) to report earnings on April, 30 after the close. They expect $1.01 earnings per share, up 18.82% or $0.16 from last year’s $0.85 per share. JJSF’s profit will be $18.87 million for 35.25 P/E if the $1.01 EPS becomes a reality. After $0.78 actual earnings per share reported by J&J Snack Foods Corp. for the previous quarter, Wall Street now forecasts 29.49% EPS growth.

J&J Snack Foods Corp. (NASDAQ:JJSF) Institutional Positions Chart

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By1 William Brooks

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