Strs Ohio purchased a new position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,300 shares of the company’s stock, valued at approximately $579,000. Strs Ohio owned about 0.06% of John B. Sanfilippo & Son as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Inspire Investing LLC lifted its position in shares of John B. Sanfilippo & Son by 316.1% in the first quarter. Inspire Investing LLC now owns 27,589 shares of the company’s stock valued at $2,189,000 after buying an additional 20,958 shares during the last quarter. Skylands Capital LLC increased its holdings in shares of John B. Sanfilippo & Son by 48.4% during the 1st quarter. Skylands Capital LLC now owns 13,500 shares of the company’s stock worth $1,071,000 after acquiring an additional 4,400 shares during the last quarter. Louisiana State Employees Retirement System bought a new stake in John B. Sanfilippo & Son in the 1st quarter valued at $317,000. Hsbc Holdings PLC raised its stake in John B. Sanfilippo & Son by 82.6% in the 4th quarter. Hsbc Holdings PLC now owns 20,413 shares of the company’s stock valued at $1,447,000 after acquiring an additional 9,234 shares during the period. Finally, Dean Capital Management lifted its holdings in John B. Sanfilippo & Son by 33.2% during the 4th quarter. Dean Capital Management now owns 47,478 shares of the company’s stock valued at $3,352,000 after purchasing an additional 11,821 shares during the last quarter. Institutional investors own 70.64% of the company’s stock.
Analyst Upgrades and Downgrades
JBSS has been the subject of a number of research analyst reports. Freedom Capital raised shares of John B. Sanfilippo & Son to a “hold” rating in a research report on Tuesday, June 30th. Weiss Ratings raised shares of John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Wall Street Zen cut shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $109.00.
John B. Sanfilippo & Son Trading Down 0.1%
Shares of John B. Sanfilippo & Son stock opened at $86.56 on Friday. The firm has a 50-day moving average of $79.47 and a 200-day moving average of $78.13. The stock has a market cap of $1.01 billion, a PE ratio of 15.19 and a beta of 0.32. John B. Sanfilippo & Son, Inc. has a 52-week low of $59.07 and a 52-week high of $92.08. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.65 and a current ratio of 2.30.
John B. Sanfilippo & Son (NASDAQ:JBSS – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.27. John B. Sanfilippo & Son had a net margin of 5.76% and a return on equity of 18.11%. The business had revenue of $281.78 million for the quarter, compared to analyst estimates of $260.82 million. As a group, sell-side analysts forecast that John B. Sanfilippo & Son, Inc. will post 5.85 EPS for the current year.
John B. Sanfilippo & Son Profile
John B. Sanfilippo & Son, Inc is a family‐held processor and marketer of tree nuts and snack nut products. Headquartered in Elgin, Illinois, the company operates manufacturing facilities, processing plants and sales offices across the United States and abroad. It supplies a broad range of channels, including retail, foodservice, industrial and private‐label customers.
The company’s product portfolio spans in‐shell and shelled pecans, walnuts, almonds, cashews, pistachios and peanuts, as well as mixed‐nut blends, chocolate‐covered treats, granolas and specialty snack items.
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