Mama’s Creations, Inc. (NASDAQ:MAMA) Shares Purchased by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. raised its holdings in shares of Mama’s Creations, Inc. (NASDAQ:MAMA) by 7.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 410,432 shares of the company’s stock after buying an additional 27,268 shares during the period. Diamond Hill Capital Management Inc. owned about 1.09% of Mama’s Creations worth $3,267,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Thompson Siegel & Walmsley LLC lifted its position in Mama’s Creations by 0.8% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 371,309 shares of the company’s stock valued at $2,956,000 after buying an additional 2,777 shares in the last quarter. Mesirow Financial Investment Management Inc. lifted its position in shares of Mama’s Creations by 90.7% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 61,008 shares of the company’s stock worth $486,000 after purchasing an additional 29,008 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Mama’s Creations during the fourth quarter worth $1,333,000. Principal Financial Group Inc. lifted its position in shares of Mama’s Creations by 9.1% during the fourth quarter. Principal Financial Group Inc. now owns 22,785 shares of the company’s stock worth $181,000 after purchasing an additional 1,896 shares in the last quarter. Finally, Conestoga Capital Advisors LLC lifted its position in shares of Mama’s Creations by 17.2% during the fourth quarter. Conestoga Capital Advisors LLC now owns 193,550 shares of the company’s stock worth $1,541,000 after purchasing an additional 28,450 shares in the last quarter. 45.18% of the stock is owned by institutional investors and hedge funds.

Mama’s Creations Stock Down 1.3 %

Shares of NASDAQ:MAMA opened at $6.29 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $6.98 and a 200 day simple moving average of $7.74. The firm has a market cap of $236.42 million, a PE ratio of 69.90 and a beta of 1.05. Mama’s Creations, Inc. has a 12-month low of $4.38 and a 12-month high of $9.98.

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

Analysts Set New Price Targets

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

About Mama’s Creations

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.