Dimensional Fund Advisors LP grew its position in shares of Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,466 shares of the company’s stock after acquiring an additional 1,863 shares during the quarter. Dimensional Fund Advisors LP owned 0.29% of Papa Murphy’s worth $212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently bought and sold shares of FRSH. Renaissance Technologies LLC purchased a new position in Papa Murphy’s during the 1st quarter worth $421,000. FMR LLC purchased a new position in Papa Murphy’s during the 2nd quarter worth $361,000. Finally, Verity Asset Management Inc. purchased a new position in Papa Murphy’s during the 2nd quarter worth $100,000. 32.27% of the stock is currently owned by hedge funds and other institutional investors.
Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) opened at $6.20 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.28 and a current ratio of 0.31. The stock has a market cap of $105.86, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 2.52 and a beta of 0.14. Papa Murphy’s Holdings, Inc. has a fifty-two week low of $3.50 and a fifty-two week high of $6.80.
Papa Murphy’s (NASDAQ:FRSH) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.04. The firm had revenue of $26.80 million for the quarter, compared to the consensus estimate of $25.03 million. Papa Murphy’s had a negative net margin of 9.72% and a positive return on equity of 5.05%. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.03) EPS. sell-side analysts anticipate that Papa Murphy’s Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.
Separately, Jefferies Group cut their price objective on shares of Papa Murphy’s from $5.00 to $4.50 and set a “hold” rating on the stock in a report on Thursday, August 10th.
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About Papa Murphy’s
Papa Murphy’s Holdings, Inc is a holding company. The Company, together with its subsidiaries, is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company franchises the right to operate Take ‘N’ Bake pizza franchises and operates Take ‘N’ Bake pizza stores owned by the Company.
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