John B. Sanfilippo & Son (NASDAQ:JBSS) Sets New 52-Week Low – What’s Next?

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) shares reached a new 52-week low on Wednesday . The stock traded as low as $68.46 and last traded at $68.61, with a volume of 25101 shares traded. The stock had previously closed at $70.55.

John B. Sanfilippo & Son Trading Up 0.2 %

The company has a market cap of $797.44 million, a P/E ratio of 16.43 and a beta of 0.02. The company has a quick ratio of 0.67, a current ratio of 2.04 and a debt-to-equity ratio of 0.02. The firm’s 50-day moving average price is $72.78 and its 200-day moving average price is $83.42.

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

Hedge Funds Weigh In On John B. Sanfilippo & Son

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JBSS. Assetmark Inc. purchased a new stake in shares of John B. Sanfilippo & Son during the 4th quarter valued at $41,000. Dunhill Financial LLC increased its stake in John B. Sanfilippo & Son by 100.0% in the fourth quarter. Dunhill Financial LLC now owns 606 shares of the company’s stock valued at $53,000 after acquiring an additional 303 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in John B. Sanfilippo & Son during the third quarter valued at about $66,000. KBC Group NV lifted its stake in 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. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of John B. Sanfilippo & Son in the 4th quarter worth about $139,000. 70.64% of the stock is currently 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.