Raymond James Financial Services Advisors Inc. Cuts Stock Position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Raymond James Financial Services Advisors Inc. trimmed its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 56.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,168 shares of the company’s stock after selling 15,974 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 0.11% of John B. Sanfilippo & Son worth $1,254,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. AEGON ASSET MANAGEMENT UK Plc purchased a new position in John B. Sanfilippo & Son in the 4th quarter valued at about $1,909,000. Exchange Traded Concepts LLC boosted its stake in shares of John B. Sanfilippo & Son by 1.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 16,386 shares of the company’s stock worth $1,688,000 after acquiring an additional 203 shares during the last quarter. Gladius Capital Management LP increased its position in shares of John B. Sanfilippo & Son by 61.3% during the third quarter. Gladius Capital Management LP now owns 329 shares of the company’s stock worth $33,000 after purchasing an additional 125 shares in the last quarter. Vanguard Group Inc. raised its stake in John B. Sanfilippo & Son by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 753,394 shares of the company’s stock valued at $74,435,000 after purchasing an additional 7,572 shares during the last quarter. Finally, Citigroup Inc. lifted its holdings in John B. Sanfilippo & Son by 77.1% in the 3rd quarter. Citigroup Inc. now owns 15,034 shares of the company’s stock valued at $1,485,000 after purchasing an additional 6,545 shares in the last quarter. Hedge funds and other institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Price Performance

John B. Sanfilippo & Son stock opened at $97.35 on Friday. The company has a fifty day simple moving average of $102.34 and a 200-day simple moving average of $100.73. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 16.90 and a beta of 0.05. The company has a quick ratio of 0.72, a current ratio of 2.26 and a debt-to-equity ratio of 0.02. John B. Sanfilippo & Son, Inc. has a 52-week low of $90.02 and a 52-week high of $127.26.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings results on Wednesday, January 31st. The company reported $1.64 earnings per share for the quarter. The firm had revenue of $291.22 million for the quarter. John B. Sanfilippo & Son had a net margin of 6.73% and a return on equity of 22.78%.

About John B. Sanfilippo & Son

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.