Summit Global Investments Makes New Investment in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Summit Global Investments acquired a new stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,578 shares of the company's stock, valued at approximately $715,000. Summit Global Investments owned approximately 0.07% of John B. Sanfilippo & Son at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JBSS. BNP Paribas Financial Markets raised its holdings in shares of John B. Sanfilippo & Son by 8.4% in the first quarter. BNP Paribas Financial Markets now owns 8,006 shares of the company's stock worth $848,000 after buying an additional 620 shares during the last quarter. Texas Permanent School Fund Corp raised its stake in shares of John B. Sanfilippo & Son by 1.7% in the first quarter. Texas Permanent School Fund Corp now owns 7,879 shares of the company's stock worth $835,000 after purchasing an additional 128 shares during the last quarter. Illinois Municipal Retirement Fund lifted its holdings in shares of John B. Sanfilippo & Son by 2.8% during the first quarter. Illinois Municipal Retirement Fund now owns 4,997 shares of the company's stock worth $529,000 after purchasing an additional 137 shares during the period. Susquehanna Fundamental Investments LLC purchased a new stake in John B. Sanfilippo & Son in the first quarter valued at approximately $617,000. Finally, Russell Investments Group Ltd. increased its holdings in John B. Sanfilippo & Son by 6.9% in the 1st quarter. Russell Investments Group Ltd. now owns 6,807 shares of the company's stock worth $721,000 after buying an additional 437 shares during the period. 70.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of John B. Sanfilippo & Son from a "buy" rating to a "hold" rating in a report on Monday, November 4th.

John B. Sanfilippo & Son Stock Performance

JBSS traded down $0.06 during midday trading on Friday, hitting $86.29. 85,087 shares of the company were exchanged, compared to its average volume of 55,707. The company's 50 day simple moving average is $92.72 and its 200 day simple moving average is $96.79. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 18.56 and a beta of 0.11. John B. Sanfilippo & Son, Inc. has a 1-year low of $79.07 and a 1-year high of $108.96. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 20th. The company reported $0.86 EPS for the quarter. The business had revenue of $269.57 million for the quarter. John B. Sanfilippo & Son had a net margin of 4.90% and a return on equity of 17.21%.

John B. Sanfilippo & Son Profile

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.