7,499 Shares in Nathan’s Famous, Inc. (NASDAQ:NATH) Acquired by Ellsworth Advisors LLC

Ellsworth Advisors LLC bought a new position in Nathan’s Famous, Inc. (NASDAQ:NATH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,499 shares of the restaurant operator’s stock, valued at approximately $589,000. Ellsworth Advisors LLC owned about 0.18% of Nathan’s Famous as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. GSA Capital Partners LLP acquired a new position in shares of Nathan’s Famous during the third quarter worth approximately $309,000. Barclays PLC lifted its holdings in shares of Nathan’s Famous by 271.3% during the third quarter. Barclays PLC now owns 4,084 shares of the restaurant operator’s stock worth $330,000 after buying an additional 2,984 shares during the last quarter. Seizert Capital Partners LLC lifted its holdings in shares of Nathan’s Famous by 21.6% during the third quarter. Seizert Capital Partners LLC now owns 4,624 shares of the restaurant operator’s stock worth $374,000 after buying an additional 821 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Nathan’s Famous by 125.5% during the third quarter. JPMorgan Chase & Co. now owns 4,744 shares of the restaurant operator’s stock worth $384,000 after buying an additional 2,640 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Nathan’s Famous by 2.8% during the third quarter. Janney Montgomery Scott LLC now owns 11,234 shares of the restaurant operator’s stock worth $909,000 after buying an additional 310 shares during the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Nathan’s Famous Stock Up 0.0 %

Shares of NATH stock opened at $78.08 on Tuesday. Nathan’s Famous, Inc. has a 12 month low of $63.01 and a 12 month high of $94.97. The firm has a market cap of $318.57 million, a PE ratio of 14.62 and a beta of 0.25. The stock has a 50 day moving average of $82.52 and a 200-day moving average of $79.67.

Nathan’s Famous Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 25th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend was Monday, November 25th. Nathan’s Famous’s dividend payout ratio is presently 37.45%.

About Nathan’s Famous

Nathan’s Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan’s Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.