Janus Henderson Group PLC Reduces Position in John B. Sanfilippo & Son, Inc. (JBSS)

Janus Henderson Group PLC lessened its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 286,676 shares of the company’s stock after selling 29,825 shares during the period. Janus Henderson Group PLC owned 2.54% of John B. Sanfilippo & Son worth $19,296,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of John B. Sanfilippo & Son by 7.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,225 shares of the company’s stock valued at $140,000 after acquiring an additional 155 shares during the period. Acrospire Investment Management LLC increased its stake in John B. Sanfilippo & Son by 20.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,380 shares of the company’s stock valued at $150,000 after purchasing an additional 400 shares in the last quarter. First Interstate Bank increased its stake in John B. Sanfilippo & Son by 10.2% during the 2nd quarter. First Interstate Bank now owns 2,430 shares of the company’s stock valued at $153,000 after purchasing an additional 225 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in John B. Sanfilippo & Son by 42.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,145 shares of the company’s stock valued at $198,000 after purchasing an additional 931 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in John B. Sanfilippo & Son by 24.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,433 shares of the company’s stock valued at $217,000 after purchasing an additional 679 shares in the last quarter. Institutional investors own 72.86% of the company’s stock.

In other John B. Sanfilippo & Son news, Director Daniel M. Wright sold 884 shares of the business’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $63.76, for a total transaction of $56,363.84. Following the completion of the sale, the director now owns 16,820 shares in the company, valued at approximately $1,072,443.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 22.09% of the company’s stock.

Shares of John B. Sanfilippo & Son, Inc. (NASDAQ JBSS) opened at $63.24 on Friday. The company has a market cap of $719.84, a price-to-earnings ratio of 19.89 and a beta of 0.95. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.65 and a current ratio of 2.04. John B. Sanfilippo & Son, Inc. has a one year low of $55.10 and a one year high of $74.69.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Monday, October 30th. The company reported $0.91 EPS for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.07. The business had revenue of $214.80 million during the quarter, compared to analyst estimates of $216.11 million. John B. Sanfilippo & Son had a net margin of 4.34% and a return on equity of 16.16%. John B. Sanfilippo & Son’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.89 EPS.

JBSS has been the subject of a number of recent research reports. BidaskClub upgraded shares of John B. Sanfilippo & Son from a “sell” rating to a “hold” rating in a research note on Saturday, December 16th. Sidoti lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “neutral” rating and set a $70.00 price target for the company. in a research note on Tuesday, October 31st.

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About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts. The Company offers nuts under a range of private brands and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly and Sunshine Country brand names. The Company also markets and distributes a diverse product line of food and snack products, including snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit, and chocolate and yogurt coated products under private brands and brand names.

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

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