Annex Advisory Services LLC Has $1.41 Million Stake in Nathan’s Famous, Inc. (NASDAQ:NATH)

Annex Advisory Services LLC raised its stake in shares of Nathan’s Famous, Inc. (NASDAQ:NATH) by 21.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 17,953 shares of the restaurant operator’s stock after purchasing an additional 3,221 shares during the period. Annex Advisory Services LLC owned approximately 0.44% of Nathan’s Famous worth $1,411,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC lifted its position in shares of Nathan’s Famous by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 63,252 shares of the restaurant operator’s stock worth $5,118,000 after buying an additional 2,011 shares in the last quarter. Crawford Fund Management LLC lifted its position in shares of Nathan’s Famous by 11.9% during the 3rd quarter. Crawford Fund Management LLC now owns 97,660 shares of the restaurant operator’s stock worth $7,901,000 after buying an additional 10,350 shares in the last quarter. Barclays PLC lifted its position in shares of Nathan’s Famous by 271.3% during the 3rd quarter. Barclays PLC now owns 4,084 shares of the restaurant operator’s stock worth $330,000 after buying an additional 2,984 shares in the last quarter. AE Wealth Management LLC bought a new stake in shares of Nathan’s Famous in the 2nd quarter worth approximately $813,000. Finally, Royce & Associates LP raised its holdings in shares of Nathan’s Famous by 48.1% in the 3rd quarter. Royce & Associates LP now owns 120,677 shares of the restaurant operator’s stock worth $9,763,000 after purchasing an additional 39,193 shares during the period. Institutional investors own 66.54% of the company’s stock.

Nathan’s Famous Trading Up 0.0 %

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

Nathan’s Famous Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 25th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.56%. Nathan’s Famous’s dividend payout ratio (DPR) is presently 37.45%.

Nathan’s Famous Company Profile

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.