Barclays PLC Acquires 5,072 Shares of Mama’s Creations, Inc. (NASDAQ:MAMA)

Barclays PLC boosted its stake in Mama’s Creations, Inc. (NASDAQ:MAMA) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,127 shares of the company’s stock after acquiring an additional 5,072 shares during the period. Barclays PLC’s holdings in Mama’s Creations were worth $415,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in MAMA. SG Americas Securities LLC lifted its position in shares of Mama’s Creations by 25.2% in the 4th quarter. SG Americas Securities LLC now owns 15,380 shares of the company’s stock worth $122,000 after purchasing an additional 3,093 shares during the period. Tocqueville Asset Management L.P. bought a new position in Mama’s Creations in the fourth quarter worth about $141,000. Principal Financial Group Inc. lifted its holdings in Mama’s Creations by 9.1% in the fourth quarter. Principal Financial Group Inc. now owns 22,785 shares of the company’s stock worth $181,000 after buying an additional 1,896 shares during the period. JPMorgan Chase & Co. boosted its position in Mama’s Creations by 319.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 58,842 shares of the company’s stock valued at $430,000 after acquiring an additional 44,817 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its holdings in shares of Mama’s Creations by 90.7% during the 4th quarter. Mesirow Financial Investment Management Inc. now owns 61,008 shares of the company’s stock worth $486,000 after acquiring an additional 29,008 shares during the period. 45.18% of the stock is owned by hedge funds and other institutional investors.

Mama’s Creations Stock Performance

Shares of Mama’s Creations stock opened at $6.48 on Friday. Mama’s Creations, Inc. has a 12 month low of $5.50 and a 12 month high of $9.98. The firm has a market capitalization of $243.62 million, a P/E ratio of 72.01 and a beta of 0.64. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.16. The business has a fifty day simple moving average of $6.44 and a two-hundred day simple moving average of $7.36.

Mama’s Creations (NASDAQ:MAMA) last posted its quarterly earnings data on Tuesday, April 8th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Mama’s Creations had a return on equity of 16.52% and a net margin of 3.02%. The company had revenue of $33.59 million during the quarter, compared to analyst estimates of $31.02 million. On average, equities analysts forecast that Mama’s Creations, Inc. will post 0.09 earnings per share for the current fiscal year.

About Mama’s Creations

Mama’s Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products.