Advisors Asset Management Inc. Has $593,000 Stock Holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Advisors Asset Management Inc. lifted its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 38.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,289 shares of the company’s stock after acquiring an additional 1,750 shares during the quarter. Advisors Asset Management Inc.’s holdings in John B. Sanfilippo & Son were worth $593,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. nVerses Capital LLC bought a new stake in John B. Sanfilippo & Son in the second quarter worth $29,000. DekaBank Deutsche Girozentrale bought a new stake in John B. Sanfilippo & Son in the third quarter worth $33,000. Copeland Capital Management LLC bought a new stake in John B. Sanfilippo & Son in the third quarter worth $39,000. GAMMA Investing LLC boosted its holdings in John B. Sanfilippo & Son by 90.5% in the second quarter. GAMMA Investing LLC now owns 579 shares of the company’s stock worth $56,000 after purchasing an additional 275 shares in the last quarter. Finally, Quest Partners LLC bought a new stake in John B. Sanfilippo & Son in the second quarter worth $68,000. 70.64% of the stock is owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Stock Up 1.0 %

JBSS stock opened at $84.74 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.06 and a quick ratio of 0.66. John B. Sanfilippo & Son, Inc. has a 52-week low of $79.07 and a 52-week high of $108.96. The company has a 50-day moving average of $90.20 and a two-hundred day moving average of $95.26. The stock has a market capitalization of $982.98 million, a price-to-earnings ratio of 18.22 and a beta of 0.11.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a report 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.