JPMorgan Chase & Co. Sells 12,719 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

JPMorgan Chase & Co. cut its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 14.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,678 shares of the company’s stock after selling 12,719 shares during the period. JPMorgan Chase & Co. owned about 0.63% of John B. Sanfilippo & Son worth $6,949,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. boosted its holdings in shares of John B. Sanfilippo & Son by 23.8% in the 2nd quarter. Victory Capital Management Inc. now owns 5,490 shares of the company’s stock worth $533,000 after purchasing an additional 1,057 shares in the last quarter. Quest Partners LLC bought a new stake in John B. Sanfilippo & Son in the 2nd quarter worth approximately $68,000. Texas Permanent School Fund Corp boosted its stake in John B. Sanfilippo & Son by 13.3% in the second quarter. Texas Permanent School Fund Corp now owns 8,923 shares of the company’s stock worth $867,000 after buying an additional 1,044 shares in the last quarter. American Century Companies Inc. boosted its stake in John B. Sanfilippo & Son by 10.0% in the second quarter. American Century Companies Inc. now owns 115,376 shares of the company’s stock worth $11,211,000 after buying an additional 10,514 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its position in John B. Sanfilippo & Son by 8.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,778 shares of the company’s stock valued at $270,000 after acquiring an additional 221 shares during the last quarter. Institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Stock Performance

John B. Sanfilippo & Son stock opened at $88.51 on Thursday. The firm has a fifty day simple moving average of $86.23 and a two-hundred day simple moving average of $92.25. The company has a quick ratio of 0.66, a current ratio of 2.06 and a debt-to-equity ratio of 0.02. John B. Sanfilippo & Son, Inc. has a twelve month low of $79.07 and a twelve month high of $108.96. The company has a market capitalization of $1.03 billion, a PE ratio of 19.03 and a beta of 0.14.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of 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 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.