Franklin Resources Inc. Raises Stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Franklin Resources Inc. raised its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 10.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,817 shares of the company’s stock after buying an additional 545 shares during the period. Franklin Resources Inc. owned about 0.05% of John B. Sanfilippo & Son worth $551,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Virtu Financial LLC purchased a new position in shares of John B. Sanfilippo & Son in the 3rd quarter valued at $263,000. Barclays PLC raised its position in John B. Sanfilippo & Son by 386.6% in the third quarter. Barclays PLC now owns 18,471 shares of the company’s stock valued at $1,741,000 after purchasing an additional 14,675 shares during the period. XTX Topco Ltd acquired a new position in shares of John B. Sanfilippo & Son during the third quarter worth about $213,000. Weiss Asset Management LP acquired a new stake in shares of John B. Sanfilippo & Son in the third quarter valued at about $1,678,000. Finally, State Street Corp raised its holdings in shares of John B. Sanfilippo & Son by 2.1% during the 3rd quarter. State Street Corp now owns 356,169 shares of the company’s stock valued at $33,590,000 after buying an additional 7,213 shares during the period. 70.64% of the stock is owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Stock Performance

John B. Sanfilippo & Son stock opened at $85.85 on Tuesday. John B. Sanfilippo & Son, Inc. has a 12-month low of $79.07 and a 12-month 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. The company has a market capitalization of $995.86 million, a price-to-earnings ratio of 18.46 and a beta of 0.13. The firm’s fifty day moving average price is $86.80 and its 200 day moving average price is $93.08.

Wall Street Analysts Forecast Growth

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

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.