Weiss Asset Management LP Makes New $1.68 Million Investment in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Weiss Asset Management LP purchased a new stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 17,797 shares of the company's stock, valued at approximately $1,678,000. Weiss Asset Management LP owned 0.15% of John B. Sanfilippo & Son as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Summit Global Investments acquired a new position in John B. Sanfilippo & Son during the third quarter worth about $715,000. Hunter Perkins Capital Management LLC grew its stake in shares of John B. Sanfilippo & Son by 8.2% in the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company's stock worth $7,901,000 after purchasing an additional 6,331 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of John B. Sanfilippo & Son by 248.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 40,413 shares of the company's stock worth $3,811,000 after purchasing an additional 28,822 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in John B. Sanfilippo & Son during the third quarter valued at approximately $2,610,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in John B. Sanfilippo & Son by 2.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 12,524 shares of the company's stock valued at $1,327,000 after purchasing an additional 299 shares during the last quarter. Institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Price Performance

Shares of NASDAQ JBSS traded down $0.96 during mid-day trading on Friday, reaching $86.30. The company had a trading volume of 43,512 shares, compared to its average volume of 61,131. John B. Sanfilippo & Son, Inc. has a 1-year low of $79.07 and a 1-year high of $108.96. The stock has a market cap of $1.00 billion, a PE ratio of 18.56 and a beta of 0.13. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $89.08 and a two-hundred day moving average price of $94.47.

Analyst Ratings Changes

Separately, StockNews.com lowered 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 Company Profile

John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.