John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 152,000 shares, a growth of 9.8% from the September 30th total of 138,400 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 72,200 shares, the days-to-cover ratio is presently 2.1 days.
Institutional Trading of John B. Sanfilippo & Son
Several large investors have recently bought and sold shares of the business. Pacer Advisors Inc. raised its holdings in shares of John B. Sanfilippo & Son by 6.5% during the 2nd quarter. Pacer Advisors Inc. now owns 345,252 shares of the company's stock worth $33,548,000 after acquiring an additional 21,069 shares during the period. Bank of New York Mellon Corp increased its position in John B. Sanfilippo & Son by 1.1% during the second quarter. Bank of New York Mellon Corp now owns 136,987 shares of the company's stock worth $13,311,000 after purchasing an additional 1,436 shares during the last quarter. American Century Companies Inc. raised its stake in John B. Sanfilippo & Son by 10.0% during the second quarter. American Century Companies Inc. now owns 115,376 shares of the company's stock worth $11,211,000 after purchasing an additional 10,514 shares during the period. Hunter Perkins Capital Management LLC boosted its holdings in John B. Sanfilippo & Son by 8.2% in the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company's stock valued at $7,901,000 after purchasing an additional 6,331 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of John B. Sanfilippo & Son by 4.8% during the 1st quarter. Principal Financial Group Inc. now owns 48,907 shares of the company's stock valued at $5,180,000 after buying an additional 2,244 shares during the period. Hedge funds and other institutional investors own 70.64% of the company's stock.
John B. Sanfilippo & Son Price Performance
Shares of JBSS stock traded down $0.87 during trading hours on Wednesday, hitting $92.16. 60,956 shares of the company's stock were exchanged, compared to its average volume of 62,596. The firm has a 50 day moving average of $94.07 and a two-hundred day moving average of $97.44. John B. Sanfilippo & Son has a fifty-two week low of $89.73 and a fifty-two week high of $108.96. The firm has a market cap of $1.07 billion, a P/E ratio of 16.68 and a beta of 0.10. The company has a quick ratio of 0.77, a current ratio of 2.34 and a debt-to-equity ratio of 0.02.
John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 20th. The company reported $0.86 EPS for the quarter. John B. Sanfilippo & Son had a return on equity of 19.45% and a net margin of 5.65%. The firm had revenue of $269.57 million during the quarter.
John B. Sanfilippo & Son Company Profile
(
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John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.
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