Raymond James Financial Inc. Takes Position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Raymond James Financial Inc. bought a new position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 68,219 shares of the company’s stock, valued at approximately $5,943,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Assetmark Inc. acquired a new stake in John B. Sanfilippo & Son during the fourth quarter worth approximately $41,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of John B. Sanfilippo & Son in the 3rd quarter valued at $66,000. KBC Group NV raised its stake in John B. Sanfilippo & Son by 118.3% during the 4th quarter. KBC Group NV now owns 775 shares of the company’s stock worth $68,000 after acquiring an additional 420 shares in the last quarter. XTX Topco Ltd purchased a new stake in John B. Sanfilippo & Son in the third quarter valued at $213,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in John B. Sanfilippo & Son in the third quarter valued at $222,000. Hedge funds and other institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS stock opened at $70.72 on Tuesday. John B. Sanfilippo & Son, Inc. has a 1 year low of $68.56 and a 1 year high of $106.92. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 2.04. The firm has a market cap of $823.04 million, a price-to-earnings ratio of 16.96 and a beta of 0.02. The stock’s 50-day moving average is $75.83 and its two-hundred day moving average is $84.58.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $1.16 earnings per share for the quarter. John B. Sanfilippo & Son had a return on equity of 15.22% and a net margin of 4.36%.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.