New York State Teachers Retirement System reduced its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Free Report) by 3.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,771 shares of the company’s stock after selling 200 shares during the quarter. New York State Teachers Retirement System’s holdings in John B. Sanfilippo & Son were worth $544,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC lifted its position in John B. Sanfilippo & Son by 13.1% during the third quarter. Nisa Investment Advisors LLC now owns 6,407 shares of the company’s stock worth $604,000 after purchasing an additional 743 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in John B. Sanfilippo & Son during the third quarter worth approximately $33,000. Copeland Capital Management LLC bought a new position in shares of John B. Sanfilippo & Son during the 3rd quarter worth about $39,000. nVerses Capital LLC grew its position in John B. Sanfilippo & Son by 133.3% in the 3rd quarter. nVerses Capital LLC now owns 700 shares of the company’s stock valued at $66,000 after purchasing an additional 400 shares during the period. Finally, Hunter Perkins Capital Management LLC increased its holdings in John B. Sanfilippo & Son by 8.2% during 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. 70.64% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a report on Monday, November 4th.
John B. Sanfilippo & Son Stock Down 0.1 %
John B. Sanfilippo & Son stock opened at $86.29 on Monday. John B. Sanfilippo & Son, Inc. has a 1-year low of $79.07 and a 1-year high of $108.96. The firm has a 50 day simple moving average of $92.72 and a 200 day simple moving average of $96.79. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. 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 (NASDAQ:JBSS – Get Free Report) last announced its earnings results on Tuesday, August 20th. The company reported $0.86 earnings per share for the quarter. John B. Sanfilippo & Son had a return on equity of 17.21% and a net margin of 4.90%. The business had revenue of $269.57 million for the quarter.
John B. Sanfilippo & Son Company 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.
Featured Stories
- Five stocks we like better than John B. Sanfilippo & Son
- What is a Secondary Public Offering? What Investors Need to Know
- California Resources Stock Could Be a Huge Long-Term Winner
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Observability Wars: Datadog and Dynatrace Vie for Data Dominance
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
Want to see what other hedge funds are holding JBSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Free Report).
Receive News & Ratings for John B. Sanfilippo & Son Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John B. Sanfilippo & Son and related companies with MarketBeat.com's FREE daily email newsletter.