Allspring Global Investments Holdings LLC lowered its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 88.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,960 shares of the company's stock after selling 22,196 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in John B. Sanfilippo & Son were worth $258,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of JBSS. BNP Paribas Financial Markets lifted its stake in 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 valued at $3,811,000 after buying an additional 28,822 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of John B. Sanfilippo & Son during the 3rd quarter worth $2,610,000. Hunter Perkins Capital Management LLC lifted its stake in shares of John B. Sanfilippo & Son by 25.9% during the 4th quarter. Hunter Perkins Capital Management LLC now owns 105,468 shares of the company's stock worth $9,187,000 after purchasing an additional 21,695 shares during the period. Weiss Asset Management LP purchased a new position in shares of John B. Sanfilippo & Son during the 3rd quarter worth $1,678,000. Finally, Barclays PLC lifted its stake in shares of John B. Sanfilippo & Son by 386.6% during the 3rd quarter. Barclays PLC now owns 18,471 shares of the company's stock worth $1,741,000 after purchasing an additional 14,675 shares during the period. Hedge funds and other institutional investors own 70.64% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a research note on Monday, November 4th.
Get Our Latest Analysis on JBSS
John B. Sanfilippo & Son Trading Down 0.2 %
Shares of John B. Sanfilippo & Son stock traded down $0.13 during trading hours on Friday, reaching $70.67. 130,408 shares of the company's stock were exchanged, compared to its average volume of 90,554. John B. Sanfilippo & Son, Inc. has a 52-week low of $68.56 and a 52-week high of $108.96. The firm has a market capitalization of $822.46 million, a price-to-earnings ratio of 16.95 and a beta of 0.11. The company has a fifty day moving average of $80.49 and a 200-day moving average of $87.48. 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 issued its quarterly earnings results on Wednesday, January 29th. The company reported $1.16 earnings per share for the quarter. John B. Sanfilippo & Son had a return on equity of 15.22% and a net margin of 4.36%.
John B. Sanfilippo & Son Profile
(
Free Report)
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.
Recommended Stories
Before you consider John B. Sanfilippo & Son, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and John B. Sanfilippo & Son wasn't on the list.
While John B. Sanfilippo & Son currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
