Geode Capital Management LLC Sells 21,213 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Geode Capital Management LLC trimmed its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 215,069 shares of the company’s stock after selling 21,213 shares during the quarter. Geode Capital Management LLC owned 1.85% of John B. Sanfilippo & Son worth $20,287,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in JBSS. Barclays PLC increased its position in shares of John B. Sanfilippo & Son by 386.6% during the third quarter. Barclays PLC now owns 18,471 shares of the company’s stock valued at $1,741,000 after buying an additional 14,675 shares during the period. XTX Topco Ltd purchased a new stake in shares of John B. Sanfilippo & Son during the 3rd quarter valued at $213,000. Weiss Asset Management LP purchased a new position in John B. Sanfilippo & Son in the third quarter worth $1,678,000. State Street Corp increased its stake in John B. Sanfilippo & Son by 2.1% in the third quarter. State Street Corp now owns 356,169 shares of the company’s stock valued at $33,590,000 after acquiring an additional 7,213 shares during the last quarter. Finally, SageView Advisory Group LLC raised its position in John B. Sanfilippo & Son by 89.5% during the third quarter. SageView Advisory Group LLC now owns 4,803 shares of the company’s stock valued at $453,000 after purchasing an additional 2,269 shares in the last quarter. Hedge funds and other institutional investors own 70.64% of the company’s stock.

Wall Street Analyst Weigh In

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

John B. Sanfilippo & Son Stock Up 0.6 %

Shares of NASDAQ JBSS opened at $86.03 on Friday. The stock has a market capitalization of $997.95 million, a P/E ratio of 18.50 and a beta of 0.13. The firm’s 50 day simple moving average is $86.96 and its two-hundred day simple moving average is $93.19. John B. Sanfilippo & Son, Inc. has a one year low of $79.07 and a one year high of $108.96. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.06 and a quick ratio of 0.66.

About John B. Sanfilippo & Son

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.