John B. Sanfilippo & Son (NASDAQ:JBSS) Sets New 1-Year Low – What’s Next?

Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $66.04 and last traded at $67.17, with a volume of 106983 shares traded. The stock had previously closed at $68.52.

John B. Sanfilippo & Son Trading Up 1.5 %

The firm has a market capitalization of $788.24 million, a PE ratio of 16.24 and a beta of 0.29. The business has a 50 day moving average price of $70.84 and a 200-day moving average price of $82.33. The company has a current ratio of 2.04, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its earnings results on Wednesday, January 29th. The company reported $1.16 earnings per share (EPS) for the quarter. John B. Sanfilippo & Son had a return on equity of 15.22% and a net margin of 4.36%.

Hedge Funds Weigh In On John B. Sanfilippo & Son

Hedge funds have recently bought and sold shares of the company. Assetmark Inc. purchased a new position in John B. Sanfilippo & Son in the 4th quarter valued at approximately $41,000. Dunhill Financial LLC increased its stake in John B. Sanfilippo & Son by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 606 shares of the company’s stock valued at $53,000 after purchasing an additional 303 shares in the last quarter. KBC Group NV boosted its holdings in shares of John B. Sanfilippo & Son by 118.3% during the fourth quarter. KBC Group NV now owns 775 shares of the company’s stock worth $68,000 after purchasing an additional 420 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of John B. Sanfilippo & Son during the fourth quarter worth $139,000. Finally, Aquatic Capital Management LLC acquired a new stake in shares of John B. Sanfilippo & Son during the fourth quarter worth $147,000. 70.64% of the stock is owned by hedge funds and other institutional investors.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.