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Shake Shack Inc. is sold by the State of New Jersey Common Pension Fund D for a total of 7,204 shares (NYSE:SHAK)

Shake Shack Inc. is sold by the State of New Jersey Common Pension Fund D for a total of 7,204 shares (NYSE:SHAK)

The State of New Jersey Common Pension Fund D holdings in Shake Shack Inc. (NYSE: SHAK), as reported in the most recent 13F filing that the fund submitted with the SEC, decreased by 13.3% during the third quarter. After selling 7,204 shares during that period, the corporation’s total holdings of the company’s stock amounted to 46,910 shares at the end of the period. Shake Shack had a market value of $2110,000 at the end of the most recent quarter, and the State of New Jersey Common Pension Fund D owned approximately 0.11% of the company.

Shares of SHAK have been bought and sold by several hedge funds throughout the last few months. Vanguard Group Inc. increased the amount of Shake Shack stock owned by 1.2% during the first quarter of the fiscal year. Following the acquisition of an additional 48,614 shares over the preceding three months, Vanguard Group Inc. now owns a total of 4,071,207 shares of the company, which have a combined value of $276,435,000. During the second quarter, State Street Corporation completed an increase of 1.1% in the Shake Shack stock it owned. State Street Corporation now directly owns 1,281,413 shares, which have a value of $50,590,000. This is because the corporation purchased an additional 14,267 shares during the most recent fiscal quarter. During the second quarter, Van Berkom & Associates Inc. increased the amount of Shake Shack stock owned by 43.7%, bringing its total ownership to 100%. The most recent fiscal quarter saw Van Berkom & Associates Inc. acquire an additional 318,266 shares of the company’s stock. This brought the total number of shares the company owned in the enterprise to 1,047,116, with a value of $41,340,000. The Royal Bank of Canada bought an additional 4.4% of Shake Shack’s outstanding stock during the first three months of 2018, bringing the total percentage of the company’s shares it owned to 88.6%. Following the acquisition of an additional 15,473 shares during the preceding quarter, Royal Bank of Canada now has 368,613 shares of the company’s stock, which are currently valued at $25,027,000. This brings the total number of shares owned by the Royal Bank of Canada to 368,613. And finally, during the first three months of this year, Renaissance Technologies LLC increased the percentage of Shake Shack stock owned by 53.8 percent. Renaissance Technologies LLC now has 282,400 shares after purchasing an additional 98,800 in the most recent quarter. The company’s shares are currently valued at a combined total of $19,175,000. The majority of the company’s stock is owned by large financial institutions, which account for 83.55% of the total.

When trading began on Thursday, the price of a single share of Shake Shack stock was $54.39. There is a debt-to-equity ratio of 0.57, a current ratio of 2.54, and a quick ratio of 2.51. In the past year, the price of Shake Shack Inc. has ranged from a low of $37.72 to a high of $79.25. During that time, the price has never been lower than $37.72. This corporation has a price-to-earnings ratio of -92.19, a beta value of 1.59, and a market capitalization of $2.29 billion. The company’s moving average price over the past 200 days is $48.49, and the company’s moving average price over the last 50 days is $48.79.

Shake Shack’s most recent quarterly earnings report was made public on November 3rd, and the company’s stock symbol is SHAK. The report was for the company’s most recent fiscal quarter. The company reported earnings of $0.06 per share for the quarter, which was in line with the $0.06 per share that was the consensus among financial analysts to expect. The return on equity and the net margin that Shake Shack reported were red. The return on equity was -3.52%, and the net margin was -2.67%. The company’s performance during the quarter resulted in actual revenue of $227.81 million, whereas analysts predicted the revenue was $226.79 million. In 2018, Shake Shack Inc. was anticipated to report a loss of

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