Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Get Free Report) fell 5.3% during mid-day trading on Friday . The company traded as low as $73.42 and last traded at $73.33. 72,770 shares changed hands during trading, a decline of 20% from the average session volume of 90,436 shares. The stock had previously closed at $77.41.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.
Get Our Latest Stock Analysis on JBSS
John B. Sanfilippo & Son Trading Up 0.4 %
The firm has a market cap of $817.34 million, a PE ratio of 16.90 and a beta of 0.11. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.04 and a quick ratio of 0.67. The business has a 50-day moving average price of $86.52 and a two-hundred day moving average price of $91.31.
John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last posted its earnings results on Wednesday, January 29th. The company reported $1.16 earnings per share for the quarter. John B. Sanfilippo & Son had a net margin of 4.36% and a return on equity of 15.22%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Bank of Montreal Can acquired a new position in shares of John B. Sanfilippo & Son in the second quarter worth $1,062,000. AQR Capital Management LLC raised its stake in John B. Sanfilippo & Son by 20.3% in the 2nd quarter. AQR Capital Management LLC now owns 33,158 shares of the company's stock valued at $3,222,000 after purchasing an additional 5,598 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in John B. Sanfilippo & Son by 3.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,371 shares of the company's stock valued at $328,000 after purchasing an additional 111 shares in the last quarter. Algert Global LLC acquired a new stake in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $298,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of John B. Sanfilippo & Son during the second quarter worth about $419,000. 70.64% of the stock is currently owned by institutional investors and hedge funds.
About John B. Sanfilippo & Son
(
Get 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.
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