First Trust Advisors LP Increases Position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

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First Trust Advisors LP raised its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 17.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,914 shares of the company’s stock after purchasing an additional 1,437 shares during the quarter. First Trust Advisors LP owned 0.09% of John B. Sanfilippo & Son worth $738,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of JBSS. Acadian Asset Management LLC purchased a new position in John B. Sanfilippo & Son during the second quarter valued at approximately $2,592,000. TD Asset Management Inc. purchased a new position in John B. Sanfilippo & Son during the second quarter valued at approximately $2,308,000. BlackRock Inc. lifted its holdings in John B. Sanfilippo & Son by 2.3% during the first quarter. BlackRock Inc. now owns 1,167,415 shares of the company’s stock valued at $67,557,000 after purchasing an additional 25,848 shares in the last quarter. WINTON GROUP Ltd purchased a new position in John B. Sanfilippo & Son during the first quarter valued at approximately $1,242,000. Finally, JPMorgan Chase & Co. lifted its holdings in John B. Sanfilippo & Son by 108.6% during the first quarter. JPMorgan Chase & Co. now owns 32,232 shares of the company’s stock valued at $1,865,000 after purchasing an additional 16,779 shares in the last quarter. 67.89% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Jeffrey T. Sanfilippo sold 8,108 shares of the business’s stock in a transaction on Thursday, August 30th. The shares were sold at an average price of $71.00, for a total value of $575,668.00. Following the transaction, the chief executive officer now owns 14,840 shares of the company’s stock, valued at $1,053,640. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 22.60% of the stock is currently owned by insiders.

NASDAQ:JBSS traded up $0.18 during trading hours on Friday, hitting $68.34. 41,971 shares of the stock traded hands, compared to its average volume of 64,784. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.11 and a quick ratio of 0.62. John B. Sanfilippo & Son, Inc. has a 1 year low of $54.32 and a 1 year high of $79.37. The company has a market capitalization of $809.81 million, a P/E ratio of 25.22 and a beta of 1.05.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Thursday, August 23rd. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.33). John B. Sanfilippo & Son had a return on equity of 14.04% and a net margin of 3.65%. The company had revenue of $211.51 million during the quarter.

Separately, BidaskClub raised shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a report on Wednesday, June 20th.

John B. Sanfilippo & Son Profile

John B. Sanfilippo & Son, Inc, together with 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.

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Institutional Ownership by Quarter for John B. Sanfilippo & Son (NASDAQ:JBSS)

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