Eagle Asset Management Inc. reduced its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 22.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,553 shares of the company's stock after selling 12,586 shares during the quarter. Eagle Asset Management Inc. owned 0.37% of John B. Sanfilippo & Son worth $3,672,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new position in shares of John B. Sanfilippo & Son during the second quarter worth about $29,000. DekaBank Deutsche Girozentrale purchased a new position in John B. Sanfilippo & Son in the 3rd quarter worth approximately $33,000. Copeland Capital Management LLC acquired a new stake in John B. Sanfilippo & Son in the third quarter valued at approximately $39,000. GAMMA Investing LLC raised its stake 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 valued at $56,000 after purchasing an additional 275 shares during the period. Finally, Quest Partners LLC acquired a new position in shares of John B. Sanfilippo & Son during the second quarter worth $68,000. 70.64% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.
Read Our Latest Stock Analysis on JBSS
John B. Sanfilippo & Son Stock Up 2.0 %
Shares of JBSS stock traded up $1.66 during mid-day trading on Monday, reaching $85.75. 68,770 shares of the company were exchanged, compared to its average volume of 63,336. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 2.06. The business's 50 day simple moving average is $90.67 and its 200 day simple moving average is $95.58. The company has a market capitalization of $994.70 million, a P/E ratio of 18.08 and a beta of 0.11. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $79.07 and a fifty-two week high of $108.96.
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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