Cubist Systematic Strategies LLC cut its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 52.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,759 shares of the company's stock after selling 8,530 shares during the quarter. Cubist Systematic Strategies LLC owned 0.07% of John B. Sanfilippo & Son worth $676,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC lifted its position in shares of John B. Sanfilippo & Son by 4.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 22,043 shares of the company's stock valued at $1,920,000 after acquiring an additional 961 shares in the last quarter. Charles Schwab Investment Management Inc. boosted 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 worth $12,423,000 after buying an additional 7,238 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of John B. Sanfilippo & Son during the fourth quarter valued at $389,000. Franklin Resources Inc. raised its position in John B. Sanfilippo & Son by 10.3% during the third quarter. Franklin Resources Inc. now owns 5,817 shares of the company's stock valued at $551,000 after buying an additional 545 shares during the period. Finally, Legato Capital Management LLC acquired a new stake in John B. Sanfilippo & Son during the 4th quarter worth about $1,208,000. 70.64% of the stock is currently owned by institutional investors and hedge funds.
John B. Sanfilippo & Son Stock Down 2.4%
JBSS stock traded down $1.50 during midday trading on Wednesday, reaching $61.65. The company had a trading volume of 12,144 shares, compared to its average volume of 77,063. The company has a current ratio of 2.04, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02. John B. Sanfilippo & Son, Inc. has a 1 year low of $58.47 and a 1 year high of $105.63. The company has a 50 day moving average of $66.82 and a two-hundred day moving average of $76.58. The company has a market capitalization of $724.94 million, a P/E ratio of 14.78 and a beta of 0.40.
John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.72 earnings per share for the quarter. The company had revenue of $260.91 million during the quarter. John B. Sanfilippo & Son had a return on equity of 15.22% and a net margin of 4.36%.
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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