Principal Financial Group Inc. Has $4.02 Million Stock Holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Principal Financial Group Inc. decreased its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 42,656 shares of the company’s stock after selling 4,395 shares during the quarter. Principal Financial Group Inc. owned 0.37% of John B. Sanfilippo & Son worth $4,023,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. State Street Corp boosted its holdings in shares of John B. Sanfilippo & Son by 2.1% in the third quarter. State Street Corp now owns 356,169 shares of the company’s stock worth $33,590,000 after buying an additional 7,213 shares during the period. Summit Global Investments purchased a new stake in shares of John B. Sanfilippo & Son in the 3rd quarter valued at approximately $715,000. Hunter Perkins Capital Management LLC grew its position in John B. Sanfilippo & Son by 8.2% during the 3rd 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 in the last quarter. BNP Paribas Financial Markets grew its position 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 worth $3,811,000 after purchasing an additional 28,822 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in John B. Sanfilippo & Son during the 3rd quarter valued at $1,094,000. Hedge funds and other institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Price Performance

Shares of JBSS opened at $87.26 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.06 and a quick ratio of 0.66. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 18.77 and a beta of 0.13. The business’s 50-day moving average is $86.43 and its 200-day moving average is $92.92. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $79.07 and a fifty-two week high of $108.96.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a report 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.