4,875 Shares in John Bean Technologies Co. (NYSE:JBT) Acquired by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC bought a new position in John Bean Technologies Co. (NYSE:JBT - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,875 shares of the industrial products company's stock, valued at approximately $480,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JBT. CWM LLC boosted its position in John Bean Technologies by 113.2% in the 2nd quarter. CWM LLC now owns 324 shares of the industrial products company's stock valued at $31,000 after buying an additional 172 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in John Bean Technologies during the 3rd quarter valued at about $39,000. Lazard Asset Management LLC bought a new position in shares of John Bean Technologies in the 1st quarter valued at about $61,000. Innealta Capital LLC acquired a new stake in shares of John Bean Technologies during the 2nd quarter worth approximately $73,000. Finally, Kimelman & Baird LLC bought a new position in John Bean Technologies in the second quarter valued at approximately $85,000. Institutional investors and hedge funds own 98.92% of the company's stock.

John Bean Technologies Trading Down 3.6 %

NYSE JBT traded down $4.25 on Tuesday, reaching $114.23. The company had a trading volume of 305,543 shares, compared to its average volume of 274,430. The company has a quick ratio of 2.00, a current ratio of 2.55 and a debt-to-equity ratio of 0.41. John Bean Technologies Co. has a 52 week low of $82.64 and a 52 week high of $122.00. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 1.66 and a beta of 1.22. The stock's 50 day moving average is $100.16 and its 200-day moving average is $95.98.

John Bean Technologies (NYSE:JBT - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The industrial products company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.09. The business had revenue of $453.80 million for the quarter, compared to analysts' expectations of $442.20 million. John Bean Technologies had a return on equity of 10.16% and a net margin of 10.25%. John Bean Technologies's revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.11 EPS. Equities analysts predict that John Bean Technologies Co. will post 5.21 earnings per share 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.