WCM Investment Management CA decreased its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 11.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,968 shares of the company’s stock after selling 5,140 shares during the quarter. WCM Investment Management CA owned approximately 0.33% of John B. Sanfilippo & Son worth $2,827,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in John B. Sanfilippo & Son by 4.8% in the second quarter. Bank of New York Mellon Corp now owns 124,505 shares of the company’s stock valued at $9,270,000 after acquiring an additional 5,737 shares during the period. California Public Employees Retirement System boosted its position in shares of John B. Sanfilippo & Son by 5.2% during the second quarter. California Public Employees Retirement System now owns 15,459 shares of the company’s stock worth $1,151,000 after buying an additional 759 shares during the period. Millennium Management LLC acquired a new position in shares of John B. Sanfilippo & Son during the second quarter worth about $3,632,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new position in shares of John B. Sanfilippo & Son during the second quarter worth about $1,348,000. Finally, Macquarie Group Ltd. acquired a new position in shares of John B. Sanfilippo & Son during the second quarter worth about $383,000. 67.89% of the stock is currently owned by institutional investors and hedge funds.

In related news, CEO Jeffrey T. Sanfilippo sold 8,108 shares of the stock in a transaction that occurred on Thursday, August 30th. The stock was sold at an average price of $71.00, for a total transaction of $575,668.00. Following the completion of the transaction, the chief executive officer now directly owns 14,840 shares of the company’s stock, valued at $1,053,640. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 22.60% of the company’s stock.

Shares of JBSS stock traded up $0.18 on Friday, hitting $68.34. 41,971 shares of the stock were exchanged, compared to its average volume of 64,784. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.11 and a quick ratio of 0.62. The stock has a market capitalization of $809.81 million, a P/E ratio of 25.22 and a beta of 1.05. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $54.32 and a fifty-two week high of $79.37.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings data on Thursday, August 23rd. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.33). The firm had revenue of $211.51 million for the quarter. John B. Sanfilippo & Son had a return on equity of 14.04% and a net margin of 3.65%.

Separately, BidaskClub cut John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research report on Friday, September 14th.

John B. Sanfilippo & Son 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.

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Institutional Ownership by Quarter for John B. Sanfilippo & Son (NASDAQ:JBSS)

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