Price T Rowe Associates Inc. MD Purchases 2,073 Shares of Mama’s Creations, Inc. (NASDAQ:MAMA)

Price T Rowe Associates Inc. MD raised its position in shares of Mama’s Creations, Inc. (NASDAQ:MAMA) by 19.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,622 shares of the company’s stock after purchasing an additional 2,073 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Mama’s Creations were worth $101,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC increased its stake in Mama’s Creations by 25.2% during the 4th quarter. SG Americas Securities LLC now owns 15,380 shares of the company’s stock valued at $122,000 after purchasing an additional 3,093 shares in the last quarter. PEAK6 LLC bought a new stake in Mama’s Creations during the 4th quarter valued at about $137,000. Tocqueville Asset Management L.P. bought a new stake in Mama’s Creations during the 4th quarter valued at about $141,000. Sharpepoint LLC bought a new stake in Mama’s Creations during the 4th quarter valued at about $147,000. Finally, Principal Financial Group Inc. increased its stake in Mama’s Creations by 9.1% during the 4th quarter. Principal Financial Group Inc. now owns 22,785 shares of the company’s stock valued at $181,000 after purchasing an additional 1,896 shares in the last quarter. 45.18% of the stock is currently owned by institutional investors.

Mama’s Creations Stock Up 5.1%

NASDAQ:MAMA opened at $6.85 on Monday. The firm has a 50-day simple moving average of $6.52 and a two-hundred day simple moving average of $7.31. Mama’s Creations, Inc. has a fifty-two week low of $5.50 and a fifty-two week high of $9.98. The firm has a market cap of $257.53 million, a P/E ratio of 76.12 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.00 and a current ratio of 1.17.

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

Mama’s Creations Profile

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.