Iszo Capital Management Lp Lowers stake in Nathan's Famous (NATH)

Nathan's Famous (NATH) : Iszo Capital Management Lp reduced its stake in Nathan's Famous by 6.44% during the most recent quarter end. The investment management company now holds a total of 160,671 shares of Nathan's Famous which is valued at $7,813,431 after selling 11,064 shares in Nathan's Famous , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Nathan's Famous makes up approximately 61.62% of Iszo Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Schwab Charles Investment Management Inc added NATH to its portfolio by purchasing 4,700 company shares during the most recent quarter which is valued at $228,561.Geode Capital Management boosted its stake in NATH in the latest quarter, The investment management firm added 3,842 additional shares and now holds a total of 23,725 shares of Nathan's Famous which is valued at $1,153,747.Blackrock Institutional Trust Company N.a. boosted its stake in NATH in the latest quarter, The investment management firm added 21,197 additional shares and now holds a total of 36,188 shares of Nathan's Famous which is valued at $1,759,822. Blackrock Group Ltd sold out all of its stake in NATH during the most recent quarter. The investment firm sold 13,457 shares of NATH which is valued $654,414. New York State Common Retirement Fund added NATH to its portfolio by purchasing 1,829 company shares during the most recent quarter which is valued at $88,944.

Nathan's Famous closed down -0.11 points or -0.22% at $49.2 with 7,067 shares getting traded on Thursday. Post opening the session at $48.93, the shares hit an intraday low of $44.46 and an intraday high of $49.29 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Nathan’s Famous Inc. (Nathan’s) is a licensor wholesaler and retailer of products marketed under Nathan’s Famous brand. Its products are marketed in approximately 53000 locations including supermarkets mass merchandisers and club stores selected foodservice locations and Company-owned and franchised restaurants. The Company uses its Arthur Treacher’s brand products and trademarks as a branded seafood menu-line extension for inclusion in certain Nathan’s Famous restaurants. The Company operates approximately 296 franchised units and five Company-owned units (including one seasonal unit) located in 27 states the Cayman Islands and 10 foreign countries. Its Branded Product Program distributes Nathan’s Beef Hot Dogs throughout the United States the District of Columbia Puerto Rico Canada the United States Virgin Islands Guam and Mexico. It also offers Nathan’s packaged hot dogs and other products for sale in approximately 39000 supermarkets and club stores in 50 states.

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