UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stock Holdings in John Bean Technologies Co. (NYSE:JBT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in John Bean Technologies Co. (NYSE:JBT - Free Report) by 170.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 842,184 shares of the industrial products company's stock after buying an additional 531,298 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 2.65% of John Bean Technologies worth $82,964,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of John Bean Technologies by 57.5% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,279,425 shares of the industrial products company's stock valued at $121,507,000 after purchasing an additional 466,846 shares in the last quarter. Conestoga Capital Advisors LLC raised its position in John Bean Technologies by 2.7% in the 2nd quarter. Conestoga Capital Advisors LLC now owns 951,534 shares of the industrial products company's stock worth $90,367,000 after buying an additional 24,981 shares during the last quarter. Royce & Associates LP grew its position in John Bean Technologies by 7.2% in the 3rd quarter. Royce & Associates LP now owns 858,523 shares of the industrial products company's stock worth $84,573,000 after purchasing an additional 57,371 shares during the period. Dimensional Fund Advisors LP lifted its holdings in John Bean Technologies by 2.6% in the second quarter. Dimensional Fund Advisors LP now owns 778,178 shares of the industrial products company's stock valued at $73,908,000 after acquiring an additional 19,549 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of John Bean Technologies by 3.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 393,382 shares of the industrial products company's stock worth $38,752,000 after acquiring an additional 11,474 shares during the last quarter. 98.92% of the stock is currently owned by institutional investors.

John Bean Technologies Price Performance

John Bean Technologies stock traded down $1.00 during mid-day trading on Tuesday, hitting $124.17. The stock had a trading volume of 217,047 shares, compared to its average volume of 282,395. The firm has a market capitalization of $3.95 billion, a P/E ratio of 23.03, a P/E/G ratio of 1.74 and a beta of 1.24. The company has a current ratio of 2.55, a quick ratio of 2.00 and a debt-to-equity ratio of 0.41. John Bean Technologies Co. has a one year low of $82.64 and a one year high of $127.31. The firm's 50 day moving average is $109.75 and its 200 day moving average is $99.02.

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

John Bean Technologies 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.