John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC reduced its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,770 shares of the company’s stock after selling 1,542 shares during the period. Confluence Investment Management LLC owned about 0.25% of John B. Sanfilippo & Son worth $2,506,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JBSS. BNP Paribas Financial Markets increased its stake in John B. Sanfilippo & Son by 248.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 40,413 shares of the company’s stock worth $3,811,000 after buying an additional 28,822 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of John B. Sanfilippo & Son during the third quarter worth about $2,610,000. Pacer Advisors Inc. lifted its stake in shares of John B. Sanfilippo & Son by 6.5% in the second quarter. Pacer Advisors Inc. now owns 345,252 shares of the company’s stock worth $33,548,000 after acquiring an additional 21,069 shares in the last quarter. Weiss Asset Management LP purchased a new position in John B. Sanfilippo & Son in the third quarter valued at about $1,678,000. Finally, Barclays PLC grew its stake in John B. Sanfilippo & Son by 386.6% during the 3rd quarter. Barclays PLC now owns 18,471 shares of the company’s stock valued at $1,741,000 after purchasing an additional 14,675 shares in the last quarter. 70.64% of the stock is currently owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Price Performance

Shares of JBSS stock opened at $87.26 on Friday. The firm has a fifty day moving average of $86.43 and a two-hundred day moving average of $92.92. The firm has a market cap of $1.01 billion, a P/E ratio of 18.77 and a beta of 0.13. John B. Sanfilippo & Son, Inc. has a 1-year low of $79.07 and a 1-year high of $108.96. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.06 and a quick ratio of 0.66.

Analyst Upgrades and Downgrades

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

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.