John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Sees Significant Decline in Short Interest

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 139,000 shares, a decrease of 8.6% from the October 15th total of 152,000 shares. Based on an average daily trading volume, of 76,200 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.6% of the company’s stock are short sold.

John B. Sanfilippo & Son Trading Down 0.3 %

JBSS opened at $82.88 on Monday. The firm has a market cap of $961.66 million, a price-to-earnings ratio of 17.82 and a beta of 0.11. John B. Sanfilippo & Son has a 52 week low of $79.07 and a 52 week high of $108.96. The business’s 50 day moving average is $91.65 and its two-hundred day moving average is $96.23. The company has a quick ratio of 0.66, a current ratio of 2.06 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings results on Tuesday, August 20th. The company reported $0.86 earnings per share (EPS) for the quarter. John B. Sanfilippo & Son had a return on equity of 17.21% and a net margin of 4.90%. The firm had revenue of $269.57 million for the quarter.

Institutional Investors Weigh In On John B. Sanfilippo & Son

Institutional investors have recently modified their holdings of the company. Gamco Investors INC. ET AL increased its holdings in John B. Sanfilippo & Son by 15.3% during the 1st quarter. Gamco Investors INC. ET AL now owns 42,675 shares of the company’s stock valued at $4,520,000 after acquiring an additional 5,650 shares in the last quarter. Summit Global Investments purchased a new position in shares of John B. Sanfilippo & Son during the 3rd quarter worth approximately $715,000. Hunter Perkins Capital Management LLC raised its position in shares of John B. Sanfilippo & Son by 8.2% during the 3rd quarter. Hunter Perkins Capital Management LLC now owns 83,773 shares of the company’s stock worth $7,901,000 after purchasing an additional 6,331 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in John B. Sanfilippo & Son by 2.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,524 shares of the company’s stock valued at $1,327,000 after buying an additional 299 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in John B. Sanfilippo & Son during the 3rd quarter valued at $2,610,000. Hedge funds and other institutional investors own 70.64% of the company’s stock.

Wall Street Analysts Forecast Growth

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

John B. Sanfilippo & Son Company Profile

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.