Citadel Advisors LLC Lowers Stake in John B. Sanfilippo & Son, Inc. (JBSS)

Citadel Advisors LLC cut its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,030 shares of the company’s stock after selling 5,822 shares during the period. Citadel Advisors LLC owned 0.59% of John B. Sanfilippo & Son worth $4,784,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC purchased a new position in shares of John B. Sanfilippo & Son during the second quarter worth approximately $117,000. Piedmont Investment Advisors LLC purchased a new position in shares of John B. Sanfilippo & Son during the second quarter worth approximately $152,000. Russell Investments Group Ltd. purchased a new position in shares of John B. Sanfilippo & Son during the second quarter worth approximately $163,000. Cubist Systematic Strategies LLC purchased a new position in shares of John B. Sanfilippo & Son during the second quarter worth approximately $227,000. Finally, Aperio Group LLC purchased a new position in shares of John B. Sanfilippo & Son during the second quarter worth approximately $255,000. Institutional investors and hedge funds own 70.82% of the company’s stock.

NASDAQ:JBSS opened at $62.21 on Friday. John B. Sanfilippo & Son, Inc. has a 1-year low of $54.32 and a 1-year high of $79.37. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.46 and a current ratio of 1.75. The firm has a market capitalization of $702.03 million, a P/E ratio of 24.85 and a beta of 1.12.

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

Separately, BidaskClub lowered shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 15th.

TRADEMARK VIOLATION NOTICE: “Citadel Advisors LLC Lowers Stake in John B. Sanfilippo & Son, Inc. (JBSS)” was first posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.thelincolnianonline.com/2018/12/08/citadel-advisors-llc-lowers-stake-in-john-b-sanfilippo-son-inc-jbss.html.

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.

Recommended Story: Retained Earnings

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.

Leave a Reply