Legato Capital Management LLC Takes $1.21 Million Position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Legato Capital Management LLC purchased a new position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,873 shares of the company's stock, valued at approximately $1,208,000. Legato Capital Management LLC owned approximately 0.12% of John B. Sanfilippo & Son as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale acquired a new position in John B. Sanfilippo & Son during the third quarter worth $33,000. Copeland Capital Management LLC acquired a new stake in shares of John B. Sanfilippo & Son in the third quarter valued at about $39,000. nVerses Capital LLC raised its position in shares of John B. Sanfilippo & Son by 133.3% in the third quarter. nVerses Capital LLC now owns 700 shares of the company's stock valued at $66,000 after buying an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of John B. Sanfilippo & Son in the third quarter valued at about $66,000. Finally, KBC Group NV increased its position in John B. Sanfilippo & Son by 118.3% during the fourth quarter. KBC Group NV now owns 775 shares of the company's stock worth $68,000 after purchasing an additional 420 shares during the last quarter. 70.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a research report on Monday, November 4th.

John B. Sanfilippo & Son Stock Down 0.2 %

NASDAQ:JBSS traded down $0.12 during mid-day trading on Friday, hitting $72.41. The stock had a trading volume of 88,131 shares, compared to its average volume of 88,934. The stock has a 50-day simple moving average of $83.76 and a two-hundred day simple moving average of $89.43. The company has a market capitalization of $842.85 million, a PE ratio of 17.36 and a beta of 0.11. John B. Sanfilippo & Son, Inc. has a twelve month low of $68.56 and a twelve month high of $108.96. The company has a current ratio of 2.04, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $1.16 earnings per share for the quarter. John B. Sanfilippo & Son had a net margin of 4.36% and a return on equity of 15.22%.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc engages in selling nuts and nut-related products. It offers dried fruit-based products that are sold under, Fisher Nuts, Orchard Valley Harvest, Southern Style Nuts, and Squirrel Brand. The company was founded by Gaspare Sanfilippo and John B. Sanfilippo in 1922 and is headquartered in Elgin, IL.