Bank of America Corp DE Has $3.06 Million Holdings in John B. Sanfilippo & Son, Inc. (JBSS)

Bank of America Corp DE raised its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 7.4% in the 2nd quarter, Holdings Channel reports. The fund owned 41,046 shares of the company’s stock after acquiring an additional 2,832 shares during the period. Bank of America Corp DE’s holdings in John B. Sanfilippo & Son were worth $3,056,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of JBSS. BlackRock Inc. raised its holdings in John B. Sanfilippo & Son by 21.5% in the 2nd quarter. BlackRock Inc. now owns 1,418,660 shares of the company’s stock valued at $105,618,000 after acquiring an additional 251,245 shares during the last quarter. Citadel Advisors LLC raised its holdings in John B. Sanfilippo & Son by 159.7% in the 2nd quarter. Citadel Advisors LLC now owns 72,852 shares of the company’s stock valued at $5,423,000 after acquiring an additional 44,804 shares during the last quarter. Renaissance Technologies LLC raised its holdings in John B. Sanfilippo & Son by 203.1% in the 2nd quarter. Renaissance Technologies LLC now owns 58,800 shares of the company’s stock valued at $4,378,000 after acquiring an additional 39,400 shares during the last quarter. Public Employees Retirement Association of Colorado raised its holdings in John B. Sanfilippo & Son by 27.5% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 182,503 shares of the company’s stock valued at $13,587,000 after acquiring an additional 39,350 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in John B. Sanfilippo & Son in the 2nd quarter valued at $2,592,000. Institutional investors own 67.93% of the company’s stock.

Separately, BidaskClub downgraded John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a report on Friday, September 14th.

JBSS stock opened at $63.90 on Monday. The firm has a market cap of $724.95 million, a PE ratio of 25.66 and a beta of 1.15. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.75 and a quick ratio of 0.62. John B. Sanfilippo & Son, Inc. has a 52 week low of $54.32 and a 52 week high of $79.37.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data on Wednesday, October 31st. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.37). The firm had revenue of $204.29 million for the quarter. John B. Sanfilippo & Son had a return on equity of 12.34% and a net margin of 3.26%.

In other news, CEO Jeffrey T. Sanfilippo sold 8,108 shares of the company’s stock in a transaction on Thursday, August 30th. The stock was sold at an average price of $71.00, for a total transaction of $575,668.00. Following the completion of the sale, the chief executive officer now directly owns 14,840 shares in the company, valued at approximately $1,053,640. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 22.60% of the company’s stock.

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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Want to see what other hedge funds are holding JBSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS).

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

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