Corebridge Financial Inc. Cuts Stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Corebridge Financial Inc. cut its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 7.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,776 shares of the company’s stock after selling 373 shares during the quarter. Corebridge Financial Inc.’s holdings in John B. Sanfilippo & Son were worth $416,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JBSS. Assetmark Inc. acquired a new stake in John B. Sanfilippo & Son in the fourth quarter valued at $41,000. KBC Group NV lifted its position in shares of John B. Sanfilippo & Son by 118.3% during the fourth quarter. KBC Group NV now owns 775 shares of the company’s stock worth $68,000 after purchasing an additional 420 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in John B. Sanfilippo & Son in the fourth quarter worth about $139,000. XTX Topco Ltd bought a new stake in John B. Sanfilippo & Son in the third quarter valued at about $213,000. Finally, Point72 Asset Management L.P. acquired a new stake in John B. Sanfilippo & Son during the third quarter valued at approximately $244,000. 70.64% of the stock is currently owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Stock Performance

JBSS stock opened at $67.73 on Thursday. The stock’s 50 day simple moving average is $70.84 and its 200 day simple moving average is $82.33. John B. Sanfilippo & Son, Inc. has a 12-month low of $65.29 and a 12-month high of $105.63. The firm has a market cap of $788.24 million, a P/E ratio of 16.24 and a beta of 0.29. The company has a current ratio of 2.04, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its earnings results on Wednesday, January 29th. The company reported $1.16 EPS 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 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.