TIAA CREF Investment Management LLC Sells 1,765 Shares of John B. Sanfilippo & Son, Inc. (JBSS)

TIAA CREF Investment Management LLC reduced its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,076 shares of the company’s stock after selling 1,765 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.15% of John B. Sanfilippo & Son worth $1,219,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of JBSS. Pacer Advisors Inc. raised its position in John B. Sanfilippo & Son by 126.1% during the third quarter. Pacer Advisors Inc. now owns 1,680 shares of the company’s stock valued at $120,000 after purchasing an additional 937 shares in the last quarter. Nisa Investment Advisors LLC raised its position in John B. Sanfilippo & Son by 530.0% during the third quarter. Nisa Investment Advisors LLC now owns 6,300 shares of the company’s stock valued at $450,000 after purchasing an additional 5,300 shares in the last quarter. MetLife Investment Advisors LLC raised its position in John B. Sanfilippo & Son by 52.0% during the third quarter. MetLife Investment Advisors LLC now owns 6,307 shares of the company’s stock valued at $450,000 after purchasing an additional 2,157 shares in the last quarter. American Century Companies Inc. acquired a new position in John B. Sanfilippo & Son during the third quarter valued at approximately $793,000. Finally, BBT Capital Management LLC acquired a new position in John B. Sanfilippo & Son during the third quarter valued at approximately $826,000. Institutional investors and hedge funds own 72.43% of the company’s stock.

Separately, BidaskClub upgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research report on Friday, October 19th.

Shares of NASDAQ:JBSS traded down $0.31 during trading on Monday, hitting $68.77. 100 shares of the company were exchanged, compared to its average volume of 47,625. The company has a market capitalization of $786.54 million, a PE ratio of 24.76 and a beta of 1.28. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.57 and a current ratio of 1.94. John B. Sanfilippo & Son, Inc. has a 1-year low of $53.12 and a 1-year high of $79.37.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Wednesday, January 30th. The company reported $0.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.02). The company had revenue of $253.32 million for the quarter. John B. Sanfilippo & Son had a return on equity of 13.75% and a net margin of 3.68%.

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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: Understanding the different types of bonds

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

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