Heartland Advisors Inc. increased its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Free Report) by 18.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,000 shares of the company’s stock after purchasing an additional 11,000 shares during the quarter. Heartland Advisors Inc. owned 0.60% of John B. Sanfilippo & Son worth $5,553,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the company. Illinois Municipal Retirement Fund raised its position in John B. Sanfilippo & Son by 4.7% during the 1st quarter. Illinois Municipal Retirement Fund now owns 4,907 shares of the company’s stock worth $389,000 after buying an additional 220 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in John B. Sanfilippo & Son by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,336 shares of the company’s stock valued at $378,000 after acquiring an additional 234 shares during the period. Sound Income Strategies LLC lifted its stake in John B. Sanfilippo & Son by 150.9% during the 1st quarter. Sound Income Strategies LLC now owns 404 shares of the company’s stock valued at $33,000 after acquiring an additional 243 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of John B. Sanfilippo & Son by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 101,226 shares of the company’s stock valued at $8,030,000 after acquiring an additional 282 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of John B. Sanfilippo & Son by 1.7% in the 4th quarter. Swiss National Bank now owns 17,776 shares of the company’s stock valued at $1,255,000 after acquiring an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 70.64% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Freedom Capital raised shares of John B. Sanfilippo & Son to a “hold” rating in a report on Tuesday, June 30th. Wall Street Zen lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Weiss Ratings raised John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $109.00.
John B. Sanfilippo & Son Price Performance
Shares of JBSS stock opened at $79.47 on Monday. The stock has a 50 day moving average of $80.12 and a 200 day moving average of $78.65. The company has a current ratio of 2.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.10. The stock has a market cap of $929.00 million, a P/E ratio of 13.94 and a beta of 0.32. John B. Sanfilippo & Son, Inc. has a twelve month low of $59.07 and a twelve month high of $92.08.
John B. Sanfilippo & Son (NASDAQ:JBSS – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.16 by $0.27. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%.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 expect that John B. Sanfilippo & Son, Inc. will post 5.85 EPS for the current year.
John B. Sanfilippo & Son Announces Dividend
The company also recently announced a special dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 17th will be paid a $1.05 dividend. The ex-dividend date is Monday, August 17th. John B. Sanfilippo & Son’s payout ratio is currently 15.79%.
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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