LSV Asset Management Discloses Passive Stake in Jack in the Box
Ticker: JACK · Form: SC 13G · Filed: Feb 9, 2024 · CIK: 807882
| Field | Detail |
|---|---|
| Company | Jack In The Box INC (JACK) |
| Form Type | SC 13G |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**LSV Asset Management just revealed a passive stake in Jack in the Box, signaling institutional confidence.**
AI Summary
LSV Asset Management, a Chicago-based investment firm, filed an SC 13G on February 9, 2024, disclosing its ownership in Jack in the Box Inc. (NASDAQ: JACK). This filing indicates that LSV Asset Management holds a significant, though passive, stake in the fast-food chain. This matters to investors because it signals that a professional asset manager sees value in Jack in the Box, potentially boosting investor confidence.
Why It Matters
This filing shows that a large institutional investor, LSV Asset Management, has taken a notable position in Jack in the Box, which can be seen as a vote of confidence in the company's future prospects.
Risk Assessment
Risk Level: low — An SC 13G filing typically indicates a passive investment, posing minimal immediate risk to the company or its shareholders.
Analyst Insight
Investors should note that LSV Asset Management's passive stake suggests a long-term, non-activist investment. This could be a positive signal, but further research into LSV's investment philosophy and Jack in the Box's fundamentals is warranted.
Key Players & Entities
- LSV Asset Management (company) — the investment firm filing the SC 13G
- Jack in the Box Inc. (company) — the subject company in which LSV Asset Management holds a stake
- Chicago (location) — business address of LSV Asset Management
- San Diego (location) — business address of Jack in the Box Inc.
- February 9, 2024 (date) — date the SC 13G was filed
FAQ
What type of filing is this document?
This document is an SC 13G, as stated in the 'FORM TYPE: SC 13G' section and the title 'SCHEDULE 13G'.
Who is the subject company of this filing?
The subject company is JACK IN THE BOX INC., identified by 'COMPANY CONFORMED NAME: JACK IN THE BOX INC' and CIK 0000807882.
Who filed this SC 13G?
This SC 13G was filed by LSV ASSET MANAGEMENT, as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LSV ASSET MANAGEMENT' with CIK 0001050470.
What is the business address of Jack in the Box Inc.?
The business address for Jack in the Box Inc. is 9357 SPECTRUM CENTER BLVD, SAN DIEGO, CA 92123-1516, as per the 'BUSINESS ADDRESS' section for the subject company.
When was this SC 13G filed?
This SC 13G was filed on February 9, 2024, as indicated by 'FILED AS OF DATE: 20240209'.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on February 9, 2024 regarding JACK IN THE BOX INC (JACK).