JPMorgan Chase & Co. cut its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 14.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,678 shares of the company's stock after selling 12,719 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.63% of John B. Sanfilippo & Son worth $6,949,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. State Street Corp lifted its position in shares of John B. Sanfilippo & Son by 2.1% in the third quarter. State Street Corp now owns 356,169 shares of the company's stock valued at $33,590,000 after acquiring an additional 7,213 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in John B. Sanfilippo & Son by 6.5% in the 2nd quarter. Pacer Advisors Inc. now owns 345,252 shares of the company's stock valued at $33,548,000 after purchasing an additional 21,069 shares in the last quarter. American Century Companies Inc. lifted its holdings in John B. Sanfilippo & Son by 10.0% in the 2nd 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 in the last quarter. Hunter Perkins Capital Management LLC boosted its stake in John B. Sanfilippo & Son by 8.2% during the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company's stock worth $7,901,000 after purchasing an additional 6,331 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of John B. Sanfilippo & Son by 248.7% during the third quarter. BNP Paribas Financial Markets now owns 40,413 shares of the company's stock worth $3,811,000 after buying an additional 28,822 shares in the last quarter. 70.64% of the stock is currently owned by institutional investors and hedge funds.
John B. Sanfilippo & Son Price Performance
Shares of John B. Sanfilippo & Son stock traded up $1.51 on Thursday, hitting $90.02. 71,760 shares of the company were exchanged, compared to its average volume of 86,631. The company has a quick ratio of 0.66, a current ratio of 2.06 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $86.23 and a 200 day moving average price of $92.25. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 19.36 and a beta of 0.14. John B. Sanfilippo & Son, Inc. has a 1-year low of $79.07 and a 1-year high of $108.96.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a research note on Monday, November 4th.
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John B. Sanfilippo & Son Profile
(
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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