John B. Sanfilippo & Son (NASDAQ:JBSS) Trading Down 5.3% – Should You Sell?

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)’s stock price traded down 5.3% during mid-day trading on Friday . The company traded as low as $73.42 and last traded at $73.33. 72,770 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 90,436 shares. The stock had previously closed at $77.41.

Analyst Ratings Changes

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

John B. Sanfilippo & Son Stock Performance

The business’s fifty day moving average price is $87.06 and its two-hundred day moving average price is $91.75. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 2.06. The stock has a market capitalization of $840.65 million, a P/E ratio of 17.38 and a beta of 0.14.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $1.16 earnings per share for the quarter. John B. Sanfilippo & Son had a return on equity of 15.31% and a net margin of 4.36%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in shares of John B. Sanfilippo & Son by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 43,941 shares of the company’s stock worth $3,828,000 after acquiring an additional 1,285 shares during the last quarter. Rhumbline Advisers grew its stake in shares of John B. Sanfilippo & Son by 3.0% during the fourth quarter. Rhumbline Advisers now owns 29,699 shares of the company’s stock valued at $2,587,000 after buying an additional 857 shares during the last quarter. Legato Capital Management LLC purchased a new stake in shares of John B. Sanfilippo & Son in the fourth quarter worth approximately $1,208,000. Wealthcare Capital Partners LLC purchased a new stake in shares of John B. Sanfilippo & Son in the fourth quarter worth approximately $537,000. Finally, Hunter Perkins Capital Management LLC lifted its stake in shares of John B. Sanfilippo & Son by 25.9% during the 4th quarter. Hunter Perkins Capital Management LLC now owns 105,468 shares of the company’s stock worth $9,187,000 after acquiring an additional 21,695 shares during the last quarter. Institutional investors own 70.64% of the company’s stock.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc engages in selling nuts and nut-related products. It offers dried fruit-based products that are sold under, Fisher Nuts, Orchard Valley Harvest, Southern Style Nuts, and Squirrel Brand. The company was founded by Gaspare Sanfilippo and John B. Sanfilippo in 1922 and is headquartered in Elgin, IL.