John B. Sanfilippo & Son, Inc. (JBSS) Position Lifted by WCM Investment Management CA

WCM Investment Management CA increased its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 501.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 57,912 shares of the company’s stock after buying an additional 48,285 shares during the period. WCM Investment Management CA’s holdings in John B. Sanfilippo & Son were worth $3,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Royce & Associates LP raised its holdings in John B. Sanfilippo & Son by 0.9% in the 3rd quarter. Royce & Associates LP now owns 1,037,500 shares of the company’s stock worth $69,834,000 after acquiring an additional 9,300 shares during the period. Citadel Advisors LLC raised its holdings in John B. Sanfilippo & Son by 90.1% in the 3rd quarter. Citadel Advisors LLC now owns 31,782 shares of the company’s stock worth $2,139,000 after acquiring an additional 15,062 shares during the period. Capital Management Corp VA raised its holdings in John B. Sanfilippo & Son by 2.8% in the 3rd quarter. Capital Management Corp VA now owns 108,866 shares of the company’s stock worth $7,328,000 after acquiring an additional 2,975 shares during the period. Sei Investments Co. raised its holdings in John B. Sanfilippo & Son by 6.8% in the 3rd quarter. Sei Investments Co. now owns 33,129 shares of the company’s stock worth $2,230,000 after acquiring an additional 2,095 shares during the period. Finally, First Trust Advisors LP bought a new position in John B. Sanfilippo & Son in the 3rd quarter worth $466,000. Hedge funds and other institutional investors own 72.30% of the company’s stock.

Shares of John B. Sanfilippo & Son, Inc. (JBSS) opened at $59.16 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.82 and a debt-to-equity ratio of 0.14. The stock has a market cap of $674.54, a price-to-earnings ratio of 21.87 and a beta of 0.92. John B. Sanfilippo & Son, Inc. has a 12-month low of $54.32 and a 12-month high of $74.69.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.43). The company had revenue of $259.10 million during the quarter, compared to analyst estimates of $260.67 million. John B. Sanfilippo & Son had a return on equity of 13.78% and a net margin of 3.68%. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.13 earnings per share.

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

Several research firms have issued reports on JBSS. BidaskClub lowered shares of John B. Sanfilippo & Son from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. Sidoti lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “neutral” rating and set a $70.00 price target on the stock. in a research report on Tuesday, October 31st.

COPYRIGHT VIOLATION NOTICE: “John B. Sanfilippo & Son, Inc. (JBSS) Position Lifted by WCM Investment Management CA” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://sportsperspectives.com/2018/02/09/john-b-sanfilippo-son-inc-jbss-position-lifted-by-wcm-investment-management-ca.html.

John B. Sanfilippo & Son Profile

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.

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)

Receive News & Ratings for John B. Sanfilippo & Son Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John B. Sanfilippo & Son and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply