Renaissance Technologies LLC raised its holdings in Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) by 1.9% in the second quarter, Holdings Channel reports. The fund owned 510,185 shares of the company’s stock after acquiring an additional 9,608 shares during the period. Renaissance Technologies LLC owned about 0.09% of Rocky Mountain Chocolate Factory worth $5,837,000 at the end of the most recent reporting period.
Separately, Capital Management Corp VA lifted its holdings in Rocky Mountain Chocolate Factory by 6.2% in the 2nd quarter. Capital Management Corp VA now owns 331,070 shares of the company’s stock valued at $3,787,000 after acquiring an additional 19,390 shares during the last quarter. 44.98% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ RMCF opened at $9.81 on Friday. Rocky Mountain Chocolate Factory, Inc. has a twelve month low of $9.80 and a twelve month high of $12.60. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.71 and a quick ratio of 1.79. The stock has a market capitalization of $60.53 million, a price-to-earnings ratio of 21.81 and a beta of 0.48.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last issued its quarterly earnings results on Friday, July 13th. The company reported $0.10 earnings per share for the quarter. Rocky Mountain Chocolate Factory had a net margin of 7.35% and a return on equity of 13.77%. The company had revenue of $8.37 million during the quarter.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 14th. Shareholders of record on Tuesday, September 4th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date was Friday, August 31st.
In other Rocky Mountain Chocolate Factory news, CFO Bryan J. Merryman sold 10,000 shares of the company’s stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $10.29, for a total value of $102,900.00. Following the completion of the sale, the chief financial officer now directly owns 25,887 shares of the company’s stock, valued at approximately $266,377.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Edward L. Dudley sold 4,500 shares of the company’s stock in a transaction dated Monday, July 30th. The shares were sold at an average price of $10.35, for a total transaction of $46,575.00. Following the completion of the sale, the vice president now directly owns 37,063 shares of the company’s stock, valued at $383,602.05. The disclosure for this sale can be found here. 11.98% of the stock is currently owned by corporate insiders.
Rocky Mountain Chocolate Factory Profile
Rocky Mountain Chocolate Factory, Inc, together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other. The company produces approximately 700 chocolate candies and other confectionery products, including clusters, caramels, creams, toffees, mints, and truffles; and offers 15 varieties of caramel apples and other products that are prepared in individual stores, as well as provides ice cream, coffee, and other sundries.
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