Ascend Capital LLC Stake in Jack In The Box INC (JACK) Increased by $50.81 Million as Shares Declined

June 29, 2018 - By Kevin Carney

Jack in the Box Inc. (NASDAQ:JACK) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.92. That’s change of 0.35, from 2017Q4’s 1.27. 41 investors sold all, 66 reduced holdings as JACK ratio dropped. 70 rose positions while 28 funds took positions. Funds hold 27.91 million shares thus 0.76% more from 2017Q4’s 27.70 million shares. Morgan Stanley holds 0.02% or 850,564 shs. Grp One Trading LP holds 0% or 1,251 shs in its capital. Eminence Capital Lp has 560,000 shs. Comerica Bancorp invested in 0.08% or 118,884 shs. Goldman Sachs invested 0.01% of its capital in Jack in the Box Inc. (NASDAQ:JACK). Pnc Financial Services Gp Inc reported 2,179 shs. Ameriprise holds 387,654 shs or 0.01% of its capital. Moreover, Schroder Inv Management Group Incorporated has 0.02% invested in Jack in the Box Inc. (NASDAQ:JACK) for 111,571 shs. Martingale Asset Mngmt Ltd Partnership accumulated 14,206 shs. Stratos Wealth Partners Limited, a Ohio-based fund reported 135 shs. Canada Pension Plan Investment Board holds 0.01% of its capital in Jack in the Box Inc. (NASDAQ:JACK) for 68,682 shs. Swiss Bank & Trust invested in 0.01% or 51,300 shs. Jnba Advsr has 400 shs. Advantus Capital Mngmt owns 3,624 shs. Cipher Cap Limited Partnership holds 5,052 shs or 0.05% of its capital.

JACK registered $349,826 net activity with 0 insider purchases and 4 insider sales since February 23, 2018. GOEBEL DAVID had sold 1,486 shs worth $125,834.

In Jack In The Box Inc (JACK) was rose the holdings owned by Malcolm Fairbairn. The reduction is 1195.51% according to 2018Q1 SEC form. The company’s stock declined 8.97% with the market as Ascend Capital Llc bought 597,753 shares. At the end of 2018Q1, the hedge fund run by Malcolm Fairbairn held 647,753 shares of the restaurants company, valued at $55.27M, up from 50,000 at the end of the previous reported quarter. $2.45B is the MC of Jack In The Box Inc. The stock decreased 0.61% or $0.53 during the last trading session, reaching $86.02.Jack in the Box Inc. has volume of 116,205 shares. Since June 29, 2017 JACK has declined 21.27% and is downtrending. JACK underperformed the S&P500 by 33.84%.

Ascend Capital Llc manages about $4.98 billion and $2.46B US Long portfolio. It decreased its stake in Berry Global Group Inc (NYSE:BERY) by 231,322 shares to 58,411 shares, valued at $3.20 million in 2018Q1, according to the filing. For a total of 164,347 shares it reduced its holding in Activision Blizzard Inc (NASDAQ:ATVI) by 245,437 shares in the quarter, and has cut its stake in Halliburton Co (NYSE:HAL).

There’s a significant Jack in the Box Inc. (NASDAQ:JACK) news published by It’s an item titled: “Do Not Be Fooled. Sonic Stock Is Just Not the Stock You Think It Is” on June 28, 2018.

Jack in the Box Inc. (NASDAQ:JACK) Ratings Coverage

In total 12 analysts cover Jack In The Box (NASDAQ:JACK). “Buy” rating has 7, “Sell” are 0, while 5 are “Hold”. (NASDAQ:JACK) has 58% bullish analysts. 19 are the (NASDAQ:JACK)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Thursday, March 29 Robert W. Baird maintained Jack in the Box Inc. (NASDAQ:JACK) with “Buy” rating. On Wednesday, January 10 Robert W. Baird maintained the shares of JACK in report with “Buy” rating. On Friday, January 5 the stock of Jack in the Box Inc. (NASDAQ:JACK) earned “Neutral” rating by Goldman Sachs. The company rating was maintained by Oppenheimer on Friday, June 1. On Wednesday, March 14 the firm has “Buy” rating by Telsey Advisory given. On Tuesday, January 2 SunTrust maintained Jack in the Box Inc. (NASDAQ:JACK) with “Buy” rating. On Friday, January 19 the company was upgraded by Goldman Sachs. On Tuesday, March 6 the stock has “Overweight” rating by Morgan Stanley. On Tuesday, January 2 the company was maintained by Robert W. Baird. On Tuesday, January 30 Wells Fargo maintained Jack in the Box Inc. (NASDAQ:JACK) with “Outperform” rating.

Jack in the Box Inc. (NASDAQ:JACK) Analyst Ratings Chart

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