Expect Equity LLC Takes $1.51 Million Position in Mama’s Creations, Inc. (NASDAQ:MAMA)

Expect Equity LLC bought a new position in shares of Mama’s Creations, Inc. (NASDAQ:MAMA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 189,107 shares of the company’s stock, valued at approximately $1,505,000. Expect Equity LLC owned 0.50% of Mama’s Creations at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Barclays PLC increased its stake in shares of Mama’s Creations by 35.1% during the 3rd quarter. Barclays PLC now owns 47,055 shares of the company’s stock valued at $343,000 after acquiring an additional 12,213 shares during the last quarter. JPMorgan Chase & Co. increased its position in Mama’s Creations by 319.6% during the third quarter. JPMorgan Chase & Co. now owns 58,842 shares of the company’s stock worth $430,000 after purchasing an additional 44,817 shares during the last quarter. Annex Advisory Services LLC raised its stake in Mama’s Creations by 71.0% during the fourth quarter. Annex Advisory Services LLC now owns 1,221,373 shares of the company’s stock worth $9,722,000 after purchasing an additional 507,065 shares during the period. SG Americas Securities LLC raised its stake in Mama’s Creations by 25.2% during the fourth 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. Finally, Evernest Financial Advisors LLC boosted its holdings in shares of Mama’s Creations by 1.5% in the 4th quarter. Evernest Financial Advisors LLC now owns 190,907 shares of the company’s stock valued at $1,520,000 after purchasing an additional 2,907 shares during the last quarter. 45.18% of the stock is owned by institutional investors and hedge funds.

Mama’s Creations Trading Up 2.0 %

MAMA stock opened at $6.73 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.16. The company has a market cap of $252.98 million, a price-to-earnings ratio of 74.77 and a beta of 0.64. The business has a fifty day simple moving average of $6.43 and a 200-day simple moving average of $7.36. Mama’s Creations, Inc. has a 52 week low of $5.50 and a 52 week high of $9.98.

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 the consensus estimate of $0.03 by $0.01. The company had revenue of $33.59 million during the quarter, compared to analyst estimates of $31.02 million. Mama’s Creations had a return on equity of 16.52% and a net margin of 3.02%. On average, equities research analysts expect that Mama’s Creations, Inc. will post 0.09 EPS for the current 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.