State of Alaska Department of Revenue Reduces Stock Position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

State of Alaska Department of Revenue reduced its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 2.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,140 shares of the company’s stock after selling 148 shares during the period. State of Alaska Department of Revenue’s holdings in John B. Sanfilippo & Son were worth $484,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in JBSS. DekaBank Deutsche Girozentrale bought a new stake in shares of John B. Sanfilippo & Son in the 3rd quarter worth about $33,000. Copeland Capital Management LLC acquired a new position in John B. Sanfilippo & Son in the third quarter worth about $39,000. nVerses Capital LLC increased its holdings in John B. Sanfilippo & Son by 133.3% in the third quarter. nVerses Capital LLC now owns 700 shares of the company’s stock valued at $66,000 after buying an additional 400 shares during the last quarter. Hunter Perkins Capital Management LLC raised its stake in John B. Sanfilippo & Son by 8.2% during the third quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock valued at $7,901,000 after buying an additional 6,331 shares in the last quarter. Finally, Oliver Luxxe Assets LLC lifted its holdings in John B. Sanfilippo & Son by 82.8% during the 3rd quarter. Oliver Luxxe Assets LLC now owns 17,434 shares of the company’s stock worth $1,644,000 after buying an additional 7,895 shares during the last quarter. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Trading Down 0.1 %

Shares of NASDAQ:JBSS opened at $86.29 on Friday. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $79.07 and a fifty-two week high of $108.96. The company has a quick ratio of 0.66, a current ratio of 2.06 and a debt-to-equity ratio of 0.02. The company has a market cap of $1.00 billion, a PE ratio of 18.56 and a beta of 0.11. The company’s 50-day moving average price is $92.72 and its 200 day moving average price is $96.81.

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

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Monday, November 4th.

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.