Allspring Global Investments Holdings LLC Sells 22,196 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Allspring Global Investments Holdings LLC reduced its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 88.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,960 shares of the company’s stock after selling 22,196 shares during the period. Allspring Global Investments Holdings LLC’s holdings in John B. Sanfilippo & Son were worth $258,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Inspire Investing LLC raised its stake in John B. Sanfilippo & Son by 6.5% during the fourth quarter. Inspire Investing LLC now owns 4,627 shares of the company’s stock worth $403,000 after buying an additional 284 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in John B. Sanfilippo & Son during the third quarter worth approximately $33,000. KBC Group NV increased its holdings in John B. Sanfilippo & Son by 118.3% in the fourth quarter. KBC Group NV now owns 775 shares of the company’s stock worth $68,000 after purchasing an additional 420 shares in the last quarter. HighTower Advisors LLC lifted its stake in John B. Sanfilippo & Son by 1.7% in the third quarter. HighTower Advisors LLC now owns 24,775 shares of the company’s stock valued at $2,340,000 after buying an additional 421 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of John B. Sanfilippo & Son by 10.3% during the 3rd quarter. Franklin Resources Inc. now owns 5,817 shares of the company’s stock worth $551,000 after buying an additional 545 shares in the last quarter. 70.64% of the stock is currently owned by institutional investors.

John B. Sanfilippo & Son Stock Up 0.7 %

John B. Sanfilippo & Son stock opened at $73.61 on Wednesday. The firm has a market capitalization of $856.67 million, a price-to-earnings ratio of 17.65 and a beta of 0.11. The firm’s fifty day moving average price is $81.69 and its two-hundred day moving average price is $88.09. John B. Sanfilippo & Son, Inc. has a 1-year low of $68.56 and a 1-year high of $108.96. The company has a current ratio of 2.04, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $1.16 earnings per share for the quarter. John B. Sanfilippo & Son had a net margin of 4.36% and a return on equity of 15.22%.

Analyst Ratings Changes

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

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.