O Shaughnessy Asset Management LLC Has $391,000 Stock Holdings in Ingles Markets, Incorporated (NASDAQ:IMKTA)

O Shaughnessy Asset Management LLC lowered its stake in shares of Ingles Markets, Incorporated (NASDAQ:IMKTA) by 11.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,061 shares of the company’s stock after selling 809 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Ingles Markets were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Ingles Markets by 3.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,830 shares of the company’s stock valued at $1,852,000 after purchasing an additional 712 shares in the last quarter. Captrust Financial Advisors purchased a new stake in Ingles Markets in the 3rd quarter valued at $206,000. Janus Henderson Group PLC lifted its stake in Ingles Markets by 11.7% during the 3rd quarter. Janus Henderson Group PLC now owns 14,664 shares of the company’s stock valued at $1,094,000 after acquiring an additional 1,540 shares in the last quarter. Jane Street Group LLC boosted its holdings in Ingles Markets by 29.4% during the 3rd quarter. Jane Street Group LLC now owns 18,041 shares of the company’s stock worth $1,346,000 after acquiring an additional 4,101 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of Ingles Markets by 346.2% in the 3rd quarter. Barclays PLC now owns 23,689 shares of the company’s stock worth $1,768,000 after acquiring an additional 18,380 shares in the last quarter. Institutional investors own 62.54% of the company’s stock.

Ingles Markets Trading Down 1.0 %

NASDAQ IMKTA opened at $63.87 on Friday. The business’s fifty day moving average is $63.47 and its 200-day moving average is $65.71. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.24 and a quick ratio of 1.45. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 15.43 and a beta of 0.75. Ingles Markets, Incorporated has a one year low of $58.92 and a one year high of $82.01.

Ingles Markets (NASDAQ:IMKTA) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.87 EPS for the quarter. Ingles Markets had a net margin of 1.45% and a return on equity of 5.09%.

Ingles Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 10th will be paid a $0.165 dividend. The ex-dividend date is Thursday, April 10th. This represents a $0.66 annualized dividend and a yield of 1.03%. Ingles Markets’s payout ratio is 15.94%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Ingles Markets from a “buy” rating to a “hold” rating in a research report on Monday, February 10th.

Ingles Markets Profile

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items.