Principal Financial Group Inc. Sells 4,395 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Principal Financial Group Inc. lowered its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,656 shares of the company’s stock after selling 4,395 shares during the quarter. Principal Financial Group Inc.’s holdings in John B. Sanfilippo & Son were worth $4,023,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. nVerses Capital LLC acquired a new stake in shares of John B. Sanfilippo & Son in the second quarter worth $29,000. DekaBank Deutsche Girozentrale acquired a new position in John B. Sanfilippo & Son during the 3rd quarter worth $33,000. Copeland Capital Management LLC bought a new stake in John B. Sanfilippo & Son during the third quarter valued at about $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of John B. Sanfilippo & Son in the third quarter valued at about $66,000. Finally, Quest Partners LLC bought a new position in shares of John B. Sanfilippo & Son in the second quarter worth about $68,000. Institutional investors and hedge funds own 70.64% of the company’s stock.

Wall Street Analyst Weigh In

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

John B. Sanfilippo & Son Trading Up 0.2 %

John B. Sanfilippo & Son stock opened at $87.26 on Friday. John B. Sanfilippo & Son, Inc. has a 12 month low of $79.07 and a 12 month high of $108.96. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 18.77 and a beta of 0.13. The business has a 50 day moving average price of $86.43 and a two-hundred day moving average price of $92.92. 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 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.