Legato Capital Management LLC Makes New $1.21 Million Investment in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Legato Capital Management LLC purchased a new stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) during the fourth quarter, Holdings Channel.com reports. The firm purchased 13,873 shares of the company’s stock, valued at approximately $1,208,000.

Other large investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its holdings in shares of John B. Sanfilippo & Son by 3.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,371 shares of the company’s stock valued at $328,000 after purchasing an additional 111 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in John B. Sanfilippo & Son during the second quarter valued at about $419,000. Inspire Investing LLC grew its stake in shares of John B. Sanfilippo & Son by 20.3% during the third quarter. Inspire Investing LLC now owns 4,343 shares of the company’s stock valued at $410,000 after buying an additional 734 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of John B. Sanfilippo & Son by 12.9% in the third quarter. Exchange Traded Concepts LLC now owns 21,082 shares of the company’s stock worth $1,988,000 after buying an additional 2,410 shares during the period. Finally, Hunter Perkins Capital Management LLC lifted its stake in shares of John B. Sanfilippo & Son by 8.2% in the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock valued at $7,901,000 after acquiring an additional 6,331 shares during the last quarter. 70.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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 Stock Down 1.1 %

Shares of John B. Sanfilippo & Son stock opened at $71.43 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 2.04. John B. Sanfilippo & Son, Inc. has a 52-week low of $68.56 and a 52-week high of $108.96. The company’s 50 day moving average price is $84.66 and its 200-day moving average price is $89.98. The stock has a market capitalization of $831.45 million, a price-to-earnings ratio of 17.13 and a beta of 0.11.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $1.16 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%.

About John B. Sanfilippo & Son

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.