Bamco Inc. NY Grows Stock Holdings in John Bean Technologies Co. (NYSE:JBT)

Bamco Inc. NY raised its stake in John Bean Technologies Co. (NYSE:JBT - Free Report) by 3.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 700,000 shares of the industrial products company's stock after buying an additional 25,000 shares during the period. Bamco Inc. NY owned about 2.20% of John Bean Technologies worth $68,957,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. CWM LLC lifted its position in shares of John Bean Technologies by 113.2% during the 2nd quarter. CWM LLC now owns 324 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 172 shares during the period. Wolverine Asset Management LLC bought a new position in John Bean Technologies during the 3rd quarter valued at $39,000. Lazard Asset Management LLC purchased a new position in John Bean Technologies during the 1st quarter worth $61,000. Innealta Capital LLC bought a new stake in shares of John Bean Technologies in the 2nd quarter worth $73,000. Finally, Kimelman & Baird LLC bought a new position in shares of John Bean Technologies during the second quarter valued at about $85,000. 98.92% of the stock is currently owned by institutional investors.

John Bean Technologies Stock Down 0.2 %

JBT stock traded down $0.26 during trading on Monday, reaching $125.76. The stock had a trading volume of 156,793 shares, compared to its average volume of 282,145. John Bean Technologies Co. has a one year low of $82.64 and a one year high of $127.31. The company's 50 day moving average is $109.08 and its two-hundred day moving average is $98.80. The company has a quick ratio of 2.00, a current ratio of 2.55 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of 23.38, a P/E/G ratio of 1.75 and a beta of 1.22.

John Bean Technologies (NYSE:JBT - Get Free Report) last announced its earnings results on Tuesday, October 22nd. The industrial products company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.09. The firm had revenue of $453.80 million during the quarter, compared to analyst estimates of $442.20 million. John Bean Technologies had a return on equity of 10.16% and a net margin of 10.25%. The business's revenue was up 12.4% compared to the same quarter last year. During the same period last year, the firm posted $1.11 EPS. Equities research analysts forecast that John Bean Technologies Co. will post 5.23 EPS for the current year.

John Bean Technologies Company Profile

John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.