Shareholder Ascend Capital LLC Has Increased Jack In The Box INC (JACK) Stake

Jack in the Box Inc. (NASDAQ:JACK) LogoInvestors sentiment increased to 1.37 in Q2 2019. Its up 0.07, from 1.3 in 2019Q1. It increased, as 23 investors sold JACK shares while 59 reduced holdings. 44 funds opened positions while 68 raised stakes. 25.24 million shares or 7.17% less from 27.18 million shares in 2019Q1 were reported. Goldman Sachs Group holds 275,166 shares. Geode Capital Mgmt Ltd Liability Company has 0.01% invested in Jack in the Box Inc. (NASDAQ:JACK) for 362,671 shares. Marshall Wace Limited Liability Partnership has invested 0.44% of its portfolio in Jack in the Box Inc. (NASDAQ:JACK). Bnp Paribas Asset Mgmt Holding Sa reported 120,819 shares. Morgan Stanley holds 0% or 193,123 shares in its portfolio. J Goldman Communications Ltd Partnership holds 157,737 shares. The New York-based Qs Investors Ltd Liability Co has invested 0.04% in Jack in the Box Inc. (NASDAQ:JACK). Jefferies Group has 56,500 shares for 0.03% of their portfolio. Campbell Adviser Limited Liability Corp reported 3,984 shares. Chicago Equity Ptnrs Ltd Liability Co holds 64,735 shares. Swiss Bancorp has 43,200 shares. Alliancebernstein Ltd Partnership invested in 0.01% or 232,371 shares. Cwm stated it has 12 shares. Susquehanna Intl Group Inc Llp reported 24,456 shares stake. Deutsche Comml Bank Ag reported 0.01% in Jack in the Box Inc. (NASDAQ:JACK).

Ascend Capital Llc increased its stake in Jack In The Box Inc (JACK) by 156.32% based on its latest 2019Q2 regulatory filing with the SEC. Ascend Capital Llc bought 433,526 shares as the company’s stock declined 6.64% . The hedge fund held 710,864 shares of the restaurants company at the end of 2019Q2, valued at $72.45 million, up from 277,338 at the end of the previous reported quarter. Ascend Capital Llc who had been investing in Jack In The Box Inc for a number of months, seems to be bullish on the $2.36 billion market cap company. The stock increased 0.76% or $0.69 during the last trading session, reaching $91.25. About 397,899 shares traded. Jack in the Box Inc. (NASDAQ:JACK) has declined 12.73% since October 12, 2018 and is downtrending. It has underperformed by 12.73% the S&P500.

Ascend Capital Llc, which manages about $4.98B and $2.65B US Long portfolio, decreased its stake in Visa Inc (NYSE:V) by 139,138 shares to 89,422 shares, valued at $9.41 million in 2019Q2, according to the filing. It also reduced its holding in Ishares Inc (EZU) by 220,938 shares in the quarter, leaving it with 318,870 shares, and cut its stake in Berry Global Group Inc (NYSE:BERY).

More notable recent Jack in the Box Inc. (NASDAQ:JACK) news were published by: Benzinga.com which released: “Stifel: Amid Low Expectations, Jack In The Box Is Now A Buy – Benzinga” on May 20, 2019, also Nasdaq.com with their article: “Rugby-All three Barretts to start for NZ against Canada – Nasdaq” published on September 29, 2019, Finance.Yahoo.com published: “Jack in the Box Inc. (NASDAQ:JACK)’s Could Be A Buy For Its Upcoming Dividend – Yahoo Finance” on August 11, 2019. More interesting news about Jack in the Box Inc. (NASDAQ:JACK) were released by: Nasdaq.com and their article: “3 Tech Stocks for Growth Investors to Buy With U.S. Stocks Near Highs – Nasdaq” published on September 23, 2019 as well as Cnbc.com‘s news article titled: “Stocks rise, rebounding from steep 2-day sell-off – CNBC” with publication date: October 03, 2019.

Jack in the Box Inc. (NASDAQ:JACK) Ratings Coverage

Among 6 analysts covering Jack In The Box (NASDAQ:JACK), 3 have Buy rating, 2 Sell and 1 Hold. Therefore 50% are positive. Jack In The Box has $10500 highest and $6900 lowest target. $89.33’s average target is -2.10% below currents $91.25 stock price. Jack In The Box had 10 analyst reports since April 17, 2019 according to SRatingsIntel. On Friday, August 9 the stock rating was maintained by Credit Suisse with “Underperform”. Wedbush maintained Jack in the Box Inc. (NASDAQ:JACK) on Friday, August 2 with “Neutral” rating. The company was maintained on Monday, September 30 by Wells Fargo. The stock has “Buy” rating by Stifel Nicolaus on Monday, May 20. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, May 21. The stock of Jack in the Box Inc. (NASDAQ:JACK) earned “Outperform” rating by Wedbush on Friday, August 9.

Jack in the Box Inc. (NASDAQ:JACK) Ratings Chart

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