JPMorgan Chase & Co. Reduces Position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

JPMorgan Chase & Co. decreased its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 14.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 73,678 shares of the company’s stock after selling 12,719 shares during the period. JPMorgan Chase & Co.’s holdings in John B. Sanfilippo & Son were worth $6,949,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in JBSS. State Street Corp grew its holdings in John B. Sanfilippo & Son by 2.1% in the 3rd quarter. State Street Corp now owns 356,169 shares of the company’s stock worth $33,590,000 after acquiring an additional 7,213 shares during the last quarter. Summit Global Investments purchased a new stake in shares of John B. Sanfilippo & Son during the third quarter worth about $715,000. Hunter Perkins Capital Management LLC grew its stake in shares of John B. Sanfilippo & Son by 8.2% in the third 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 during the last quarter. BNP Paribas Financial Markets increased its holdings in John B. Sanfilippo & Son by 248.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 40,413 shares of the company’s stock valued at $3,811,000 after purchasing an additional 28,822 shares during the period. Finally, Walleye Capital LLC bought a new position in John B. Sanfilippo & Son during the 3rd quarter valued at approximately $1,094,000. 70.64% of the stock is owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Stock Up 0.6 %

Shares of John B. Sanfilippo & Son stock opened at $88.51 on Thursday. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. John B. Sanfilippo & Son, Inc. has a 12-month low of $79.07 and a 12-month high of $108.96. The company has a market cap of $1.03 billion, a P/E ratio of 19.03 and a beta of 0.14. The company’s fifty day simple moving average is $86.23 and its two-hundred day simple moving average is $92.25.

Wall Street Analysts Forecast Growth

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

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc engages in selling nuts and nut-related products. It offers dried fruit-based products that are sold under, Fisher Nuts, Orchard Valley Harvest, Southern Style Nuts, and Squirrel Brand. The company was founded by Gaspare Sanfilippo and John B. Sanfilippo in 1922 and is headquartered in Elgin, IL.