Nisa Investment Advisors LLC reduced its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 58.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,638 shares of the company's stock after selling 3,769 shares during the period. Nisa Investment Advisors LLC's holdings in John B. Sanfilippo & Son were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the stock. State Street Corp raised its holdings in shares of John B. Sanfilippo & Son by 2.1% in the 3rd quarter. State Street Corp now owns 356,169 shares of the company's stock worth $33,590,000 after purchasing an additional 7,213 shares in the last quarter. Summit Global Investments bought a new stake in shares of John B. Sanfilippo & Son in the 3rd quarter worth approximately $715,000. Hunter Perkins Capital Management LLC raised its holdings in shares of 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 worth $7,901,000 after purchasing an additional 6,331 shares in the last quarter. Barclays PLC raised its holdings in shares of John B. Sanfilippo & Son by 386.6% in the 3rd quarter. Barclays PLC now owns 18,471 shares of the company's stock worth $1,741,000 after purchasing an additional 14,675 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of John B. Sanfilippo & Son by 248.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 40,413 shares of the company's stock worth $3,811,000 after purchasing an additional 28,822 shares in the last quarter. 70.64% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.
View Our Latest Analysis on JBSS
John B. Sanfilippo & Son Trading Down 10.6 %
Shares of JBSS stock traded down $9.21 during trading hours on Thursday, reaching $77.41. 287,326 shares of the stock traded hands, compared to its average volume of 91,670. John B. Sanfilippo & Son, Inc. has a 1-year low of $73.05 and a 1-year high of $108.96. The business has a fifty day moving average price of $87.17 and a 200 day moving average price of $91.86. 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 firm has a market capitalization of $897.96 million, a PE ratio of 16.65 and a beta of 0.14.
John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The company reported $1.16 earnings per share (EPS) for the quarter. John B. Sanfilippo & Son had a net margin of 4.90% and a return on equity of 17.21%.
About John B. Sanfilippo & Son
(
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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