Gamco Investors INC. ET AL Buys 3,346 Shares of Nathan’s Famous, Inc. (NATH)

Gamco Investors INC. ET AL lifted its stake in Nathan’s Famous, Inc. (NASDAQ:NATH) by 1.4% during the 3rd quarter, Holdings Channel reports. The firm owned 242,132 shares of the restaurant operator’s stock after acquiring an additional 3,346 shares during the period. Gamco Investors INC. ET AL owned approximately 0.06% of Nathan’s Famous worth $19,952,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of NATH. JPMorgan Chase & Co. increased its position in shares of Nathan’s Famous by 12.9% in the first quarter. JPMorgan Chase & Co. now owns 12,542 shares of the restaurant operator’s stock valued at $926,000 after buying an additional 1,431 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Nathan’s Famous by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 211,269 shares of the restaurant operator’s stock valued at $15,613,000 after buying an additional 1,049 shares in the last quarter. Millennium Management LLC purchased a new position in shares of Nathan’s Famous in the first quarter valued at $252,000. Rhumbline Advisers purchased a new position in shares of Nathan’s Famous in the second quarter valued at $261,000. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Nathan’s Famous by 37.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 6,442 shares of the restaurant operator’s stock valued at $607,000 after buying an additional 1,742 shares in the last quarter. Institutional investors and hedge funds own 40.69% of the company’s stock.

NATH has been the subject of a number of research analyst reports. BidaskClub cut Nathan’s Famous from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 1st. ValuEngine cut Nathan’s Famous from a “buy” rating to a “hold” rating in a research report on Monday, September 24th.

Shares of NATH stock opened at $74.01 on Friday. Nathan’s Famous, Inc. has a fifty-two week low of $60.35 and a fifty-two week high of $107.05. The firm has a market capitalization of $319.77 million, a PE ratio of 28.05 and a beta of -0.01.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Investors of record on Monday, December 3rd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Friday, November 30th.

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Nathan’s Famous Company Profile

Nathan's Famous, Inc, together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathan's Famous branded hot dogs, sausages, and corned beef products in refrigerated consumer packages to be resold through retail channels, such as supermarkets, groceries, mass merchandisers, and club stores; and other Nathan's Famous branded refrigerated meat products in consumer packages to be resold through retail channels.

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Institutional Ownership by Quarter for Nathan`s Famous (NASDAQ:NATH)

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