WCM Investment Management CA Has $3.45 Million Stake in John B. Sanfilippo & Son, Inc. (JBSS)

WCM Investment Management CA lifted its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 27.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,315 shares of the company’s stock after buying an additional 10,347 shares during the period. WCM Investment Management CA’s holdings in John B. Sanfilippo & Son were worth $3,449,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acadian Asset Management LLC increased its holdings in shares of John B. Sanfilippo & Son by 107.7% in the third quarter. Acadian Asset Management LLC now owns 72,301 shares of the company’s stock worth $5,160,000 after buying an additional 37,493 shares during the period. James Investment Research Inc. increased its holdings in shares of John B. Sanfilippo & Son by 9.5% in the third quarter. James Investment Research Inc. now owns 13,674 shares of the company’s stock worth $976,000 after buying an additional 1,190 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of John B. Sanfilippo & Son by 530.0% in the third quarter. Nisa Investment Advisors LLC now owns 6,300 shares of the company’s stock worth $450,000 after buying an additional 5,300 shares during the period. Northern Trust Corp increased its holdings in shares of John B. Sanfilippo & Son by 3.5% in the second quarter. Northern Trust Corp now owns 112,817 shares of the company’s stock worth $8,400,000 after buying an additional 3,840 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of John B. Sanfilippo & Son by 4.8% in the second quarter. Bank of New York Mellon Corp now owns 124,505 shares of the company’s stock worth $9,270,000 after buying an additional 5,737 shares during the period. Hedge funds and other institutional investors own 67.93% of the company’s stock.

JBSS opened at $63.90 on Friday. The stock has a market capitalization of $715.42 million, a PE ratio of 25.33 and a beta of 1.15. The company has a current ratio of 1.75, a quick ratio of 0.62 and a debt-to-equity ratio of 0.12. John B. Sanfilippo & Son, Inc. has a 12 month low of $54.32 and a 12 month high of $79.37.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data on Wednesday, October 31st. The company reported $0.57 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.37). The company had revenue of $204.29 million during the quarter. John B. Sanfilippo & Son had a return on equity of 12.34% and a net margin of 3.26%.

Separately, BidaskClub upgraded John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 7th.

In related news, CEO Jeffrey T. Sanfilippo sold 8,108 shares of the firm’s stock in a transaction dated Thursday, August 30th. The stock was sold at an average price of $71.00, for a total value of $575,668.00. Following the sale, the chief executive officer now directly owns 14,840 shares of the company’s stock, valued at $1,053,640. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 22.60% of the stock is owned by company insiders.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc, together with 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.

Further Reading: Conference Calls

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Institutional Ownership by Quarter for John B. Sanfilippo & Son (NASDAQ:JBSS)

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