Jamba (JMBA) : Pacific Grove Capital Lp scooped up 264,167 additional shares in Jamba during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,240,057 shares of Jamba which is valued at $14,074,647.Jamba makes up approximately 6.36% of Pacific Grove Capital Lp’s portfolio.
Other Hedge Funds, Including , Aqr Capital Management sold out all of its stake in JMBA during the most recent quarter. The investment firm sold 11,862 shares of JMBA which is valued $134,634.Bandera Partners reduced its stake in JMBA by selling 32,690 shares or 9.85% in the most recent quarter. The Hedge Fund company now holds 299,310 shares of JMBA which is valued at $3,397,169. Jamba makes up approx 2.15% of Bandera Partners’s portfolio.Tower Research Capital (trc) reduced its stake in JMBA by selling 1,573 shares or 75.37% in the most recent quarter. The Hedge Fund company now holds 514 shares of JMBA which is valued at $5,834.Pax World Management boosted its stake in JMBA in the latest quarter, The investment management firm added 96,380 additional shares and now holds a total of 579,307 shares of Jamba which is valued at $6,297,067. Jamba makes up approx 0.35% of Pax World Management’s portfolio.
Jamba closed down -0.18 points or -1.65% at $10.75 with 59,716 shares getting traded on Thursday. Post opening the session at $10.9, the shares hit an intraday low of $10.7 and an intraday high of $10.965 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Jamba reported $0.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.19. The company had revenue of $21.50 million for the quarter, compared to analysts expectations of $22.75 million. The company’s revenue was down -60.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.19 EPS.
Jamba Inc. is a restaurant retailer of specialty food and beverage offerings. The Company’s offerings include whole fruit smoothies squeezed juices and juice blends Energy Bowls hot teas and a range of food items including hot oatmeal breakfast wraps sandwiches Artisan Flatbreads baked goods and snacks. The Company through its wholly owned subsidiary Jamba Juice Company operates a portfolio of franchised and Company-owned Jamba Juice stores and licensed JambaGO and Jamba Smoothie Station formats. The Jamba brand includes product platforms and both licensed and company driven consumer packaged goods. Jamba Juice Company sells consumer packaged goods (CPG) products and licenses its trademarks for CPG products sells through retail channels such as grocery stores warehouse clubs and convenience stores. It has around 868 Jamba Juice stores 543 franchise-operated stores in the United States and 62 franchise-operated stores in international locations.