Balyasny Asset Management L.P. decreased its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 54.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,842 shares of the company's stock after selling 22,469 shares during the period. Balyasny Asset Management L.P. owned about 0.16% of John B. Sanfilippo & Son worth $1,641,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its holdings in John B. Sanfilippo & Son by 4.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 22,043 shares of the company's stock valued at $1,920,000 after buying an additional 961 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of John B. Sanfilippo & Son by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 142,611 shares of the company's stock valued at $12,423,000 after purchasing an additional 7,238 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of John B. Sanfilippo & Son in the fourth quarter valued at about $389,000. Franklin Resources Inc. grew its position in shares of John B. Sanfilippo & Son by 10.3% in the third quarter. Franklin Resources Inc. now owns 5,817 shares of the company's stock valued at $551,000 after purchasing an additional 545 shares during the period. Finally, Legato Capital Management LLC acquired a new stake in shares of John B. Sanfilippo & Son in the fourth quarter valued at about $1,208,000. Hedge funds and other institutional investors own 70.64% of the company's stock.
John B. Sanfilippo & Son Stock Up 2.7%
Shares of NASDAQ JBSS opened at $62.81 on Tuesday. The company's 50-day simple moving average is $68.03 and its 200-day simple moving average is $77.60. John B. Sanfilippo & Son, Inc. has a 52-week low of $58.47 and a 52-week high of $105.63. The firm has a market cap of $738.58 million, a price-to-earnings ratio of 15.06 and a beta of 0.40. The company has a quick ratio of 0.67, a current ratio of 2.04 and a debt-to-equity ratio of 0.02.
John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $1.72 earnings per share (EPS) for the quarter. John B. Sanfilippo & Son had a net margin of 4.36% and a return on equity of 15.22%. The business had revenue of $260.91 million for the quarter.
About John B. Sanfilippo & Son
(
Free Report)
John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.
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