BNP Paribas Financial Markets raised its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 248.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,413 shares of the company's stock after purchasing an additional 28,822 shares during the quarter. BNP Paribas Financial Markets owned 0.35% of John B. Sanfilippo & Son worth $3,811,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the business. nVerses Capital LLC acquired a new position in John B. Sanfilippo & Son in the second quarter worth about $29,000. DekaBank Deutsche Girozentrale acquired a new position in John B. Sanfilippo & Son in the third quarter worth $33,000. Copeland Capital Management LLC bought a new stake in John B. Sanfilippo & Son during the third quarter valued at $39,000. GAMMA Investing LLC raised its holdings in shares of John B. Sanfilippo & Son by 90.5% during the second quarter. GAMMA Investing LLC now owns 579 shares of the company's stock worth $56,000 after purchasing an additional 275 shares during the period. Finally, Quest Partners LLC bought a new position in shares of John B. Sanfilippo & Son in the 2nd quarter worth about $68,000. 70.64% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com downgraded John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.
View Our Latest Stock Analysis on JBSS
John B. Sanfilippo & Son Stock Performance
Shares of JBSS traded down $0.28 during mid-day trading on Thursday, reaching $87.26. 37,888 shares of the company's stock traded hands, compared to its average volume of 63,476. John B. Sanfilippo & Son, Inc. has a 12 month low of $79.07 and a 12 month high of $108.96. The stock has a market capitalization of $1.01 billion, a P/E ratio of 18.77 and a beta of 0.13. The business's 50-day moving average price is $89.26 and its 200-day moving average price is $94.64. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 2.06.
John B. Sanfilippo & Son Profile
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Free Report)
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.
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