Exchange Traded Concepts LLC Grows Stock Holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Exchange Traded Concepts LLC grew its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 4.6% during the fourth quarter, HoldingsChannel reports. The firm owned 22,043 shares of the company’s stock after purchasing an additional 961 shares during the quarter. Exchange Traded Concepts LLC’s holdings in John B. Sanfilippo & Son were worth $1,920,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. DekaBank Deutsche Girozentrale purchased a new position in John B. Sanfilippo & Son during the third quarter worth about $33,000. Copeland Capital Management LLC acquired a new position in shares of John B. Sanfilippo & Son during the 3rd quarter valued at about $39,000. nVerses Capital LLC lifted its holdings in shares of John B. Sanfilippo & Son by 133.3% during the 3rd quarter. nVerses Capital LLC now owns 700 shares of the company’s stock worth $66,000 after acquiring an additional 400 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of John B. Sanfilippo & Son in the third quarter worth approximately $66,000. Finally, Intech Investment Management LLC purchased a new stake in John B. Sanfilippo & Son in the second quarter valued at approximately $212,000. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Trading Up 0.2 %

Shares of JBSS opened at $89.18 on Monday. John B. Sanfilippo & Son, Inc. has a twelve month low of $79.07 and a twelve month high of $108.96. The firm has a market capitalization of $1.03 billion, a P/E ratio of 19.18 and a beta of 0.14. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $86.84 and its 200 day simple moving average is $92.00.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $1.00 EPS for the quarter. The company had revenue of $276.20 million during the quarter. John B. Sanfilippo & Son had a return on equity of 17.21% and a net margin of 4.90%.

Wall Street Analysts Forecast Growth

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

John B. Sanfilippo & Son Company Profile

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.