Thompson Siegel & Walmsley LLC Grows Stake in Mama’s Creations, Inc. (NASDAQ:MAMA)

Thompson Siegel & Walmsley LLC boosted its position in Mama’s Creations, Inc. (NASDAQ:MAMA) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 371,309 shares of the company’s stock after buying an additional 2,777 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Mama’s Creations were worth $2,956,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MAMA. Portolan Capital Management LLC increased its position in Mama’s Creations by 177.2% during the third quarter. Portolan Capital Management LLC now owns 953,629 shares of the company’s stock worth $6,961,000 after buying an additional 609,605 shares in the last quarter. Annex Advisory Services LLC increased its position 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 buying an additional 507,065 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Mama’s Creations during the fourth quarter worth $1,333,000. State Street Corp increased its position in Mama’s Creations by 20.7% during the third quarter. State Street Corp now owns 489,623 shares of the company’s stock worth $3,574,000 after buying an additional 84,050 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Mama’s Creations by 7.7% during the third quarter. Geode Capital Management LLC now owns 755,491 shares of the company’s stock worth $5,516,000 after buying an additional 53,850 shares in the last quarter. 45.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on MAMA. Lake Street Capital raised their price target on Mama’s Creations from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Roth Mkm reissued a “buy” rating and set a $11.00 price target (up previously from $10.00) on shares of Mama’s Creations in a research report on Tuesday, December 17th.

Mama’s Creations Price Performance

Shares of NASDAQ:MAMA opened at $6.29 on Friday. The company has a market cap of $236.42 million, a P/E ratio of 69.90 and a beta of 1.05. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.16. Mama’s Creations, Inc. has a 52 week low of $4.38 and a 52 week high of $9.98. The business has a fifty day simple moving average of $6.98 and a 200-day simple moving average of $7.74.

Mama’s Creations (NASDAQ:MAMA) last announced its quarterly earnings data on Monday, December 16th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Mama’s Creations had a net margin of 3.02% and a return on equity of 16.52%. During the same period in the previous year, the company posted $0.05 earnings per share. Equities research analysts forecast that Mama’s Creations, Inc. will post 0.09 EPS for the current year.

Mama’s Creations Profile

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.