John B. Sanfilippo & Son, Inc. (JBSS) Stake Lowered by Russell Investments Group Ltd.
Russell Investments Group Ltd. reduced its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 37.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,406 shares of the company’s stock after selling 7,517 shares during the quarter. Russell Investments Group Ltd. owned 0.14% of John B. Sanfilippo & Son worth $783,000 at the end of the most recent reporting period.
Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) traded up 1.55% during trading on Friday, hitting $64.08. 143,223 shares of the stock traded hands. The firm has a market cap of $723.91 million, a PE ratio of 20.21 and a beta of 0.73. John B. Sanfilippo & Son, Inc. has a 52-week low of $46.34 and a 52-week high of $74.69. The company’s 50 day moving average is $63.52 and its 200 day moving average is $65.59.
John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Wednesday, August 23rd. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.20). John B. Sanfilippo & Son had a net margin of 4.27% and a return on equity of 15.77%. The company had revenue of $201.59 million during the quarter, compared to analysts’ expectations of $191.14 million. During the same quarter in the previous year, the firm posted $0.64 earnings per share. John B. Sanfilippo & Son’s revenue for the quarter was down 12.9% compared to the same quarter last year. On average, equities research analysts predict that John B. Sanfilippo & Son, Inc. will post $3.33 EPS for the current year.
COPYRIGHT VIOLATION NOTICE: This piece of content was first published by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2017/09/16/john-b-sanfilippo-son-inc-jbss-stake-lowered-by-russell-investments-group-ltd.html.
John B. Sanfilippo & Son Profile
John B. Sanfilippo & Son, Inc is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts. The Company offers nuts under a range of private brands and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly and Sunshine Country brand names. The Company also markets and distributes a diverse product line of food and snack products, including snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit, and chocolate and yogurt coated products under private brands and brand names.
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).
Receive News & Ratings for John B. Sanfilippo & Son Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John B. Sanfilippo & Son Inc. and related companies with MarketBeat.com's FREE daily email newsletter.