Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) Director Scott G. Capdevielle sold 962 shares of Rocky Mountain Chocolate Factory stock in a transaction on Monday, February 12th. The shares were sold at an average price of $12.38, for a total transaction of $11,909.56. Following the completion of the transaction, the director now owns 5,728 shares in the company, valued at $70,912.64. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Rocky Mountain Chocolate Factory, Inc. (RMCF) opened at $12.58 on Friday. Rocky Mountain Chocolate Factory, Inc. has a 1 year low of $10.87 and a 1 year high of $13.23. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.86 and a quick ratio of 1.16. The firm has a market cap of $74.21, a price-to-earnings ratio of 22.87 and a beta of 0.69.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last posted its quarterly earnings data on Friday, January 12th. The company reported $0.13 earnings per share for the quarter. Rocky Mountain Chocolate Factory had a net margin of 8.50% and a return on equity of 16.75%. The firm had revenue of $9.96 million for the quarter.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Tuesday, March 6th will be given a $0.12 dividend. The ex-dividend date is Monday, March 5th. This represents a $0.48 dividend on an annualized basis and a yield of 3.82%. Rocky Mountain Chocolate Factory’s dividend payout ratio (DPR) is 87.27%.
Large investors have recently bought and sold shares of the stock. Cardinal Capital Management grew its position in Rocky Mountain Chocolate Factory by 12.5% in the 3rd quarter. Cardinal Capital Management now owns 43,813 shares of the company’s stock valued at $517,000 after buying an additional 4,864 shares during the last quarter. Taylor Hoffman Wealth Management purchased a new position in Rocky Mountain Chocolate Factory in the 4th quarter valued at $668,000. Steinberg Global Asset Management purchased a new position in Rocky Mountain Chocolate Factory in the 3rd quarter valued at $870,000. North Star Investment Management Corp. grew its position in Rocky Mountain Chocolate Factory by 3.8% in the 4th quarter. North Star Investment Management Corp. now owns 137,650 shares of the company’s stock valued at $1,621,000 after buying an additional 5,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Rocky Mountain Chocolate Factory by 3.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 191,420 shares of the company’s stock valued at $2,259,000 after buying an additional 7,189 shares during the last quarter. Hedge funds and other institutional investors own 40.38% of the company’s stock.
Separately, TheStreet lowered shares of Rocky Mountain Chocolate Factory from a “b” rating to a “c+” rating in a research report on Friday, January 12th.
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About Rocky Mountain Chocolate Factory
Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.
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