Bridgewater Associates LP trimmed its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 52.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,609 shares of the company's stock after selling 6,231 shares during the period. Bridgewater Associates LP's holdings in John B. Sanfilippo & Son were worth $529,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its position 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 valued at $3,811,000 after purchasing an additional 28,822 shares during the period. GSA Capital Partners LLP acquired a new stake in John B. Sanfilippo & Son in the 3rd quarter valued at about $2,610,000. Pacer Advisors Inc. increased its holdings in shares of John B. Sanfilippo & Son by 6.5% during the 2nd quarter. Pacer Advisors Inc. now owns 345,252 shares of the company's stock worth $33,548,000 after acquiring an additional 21,069 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $1,062,000. Finally, American Century Companies Inc. grew its position in shares of John B. Sanfilippo & Son by 10.0% in the second quarter. American Century Companies Inc. now owns 115,376 shares of the company's stock valued at $11,211,000 after purchasing an additional 10,514 shares during the last quarter. Institutional investors and hedge funds own 70.64% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.
View Our Latest Report on John B. Sanfilippo & Son
John B. Sanfilippo & Son Price Performance
NASDAQ JBSS traded up $1.32 on Tuesday, hitting $88.47. 69,908 shares of the company's stock were exchanged, compared to its average volume of 63,646. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. John B. Sanfilippo & Son, Inc. has a 52 week low of $79.07 and a 52 week high of $108.96. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 18.74 and a beta of 0.13. The stock has a 50-day moving average of $89.68 and a 200-day moving average of $94.84.
John B. Sanfilippo & Son Profile
(
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.
Featured Articles
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
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
