Headlands Technologies LLC purchased a new position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,650 shares of the company’s stock, valued at approximately $916,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of JBSS. AQR Capital Management LLC lifted its holdings in shares of John B. Sanfilippo & Son by 3.2% during the 1st quarter. AQR Capital Management LLC now owns 25,174 shares of the company’s stock worth $1,784,000 after acquiring an additional 769 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in John B. Sanfilippo & Son by 4.6% in the first 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. Dynamic Technology Lab Private Ltd acquired a new position in John B. Sanfilippo & Son in the first quarter worth about $243,000. Jane Street Group LLC raised its position in John B. Sanfilippo & Son by 21.8% in the first quarter. Jane Street Group LLC now owns 17,253 shares of the company’s stock worth $1,223,000 after purchasing an additional 3,090 shares in the last quarter. Finally, Quantbot Technologies LP lifted its stake in John B. Sanfilippo & Son by 86.7% during the second quarter. Quantbot Technologies LP now owns 6,875 shares of the company’s stock worth $435,000 after purchasing an additional 3,192 shares during the period. Institutional investors own 70.64% of the company’s stock.
John B. Sanfilippo & Son Trading Up 0.3%
JBSS stock opened at $73.88 on Wednesday. The business has a fifty day moving average price of $82.83 and a 200 day moving average price of $80.08. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $59.07 and a fifty-two week high of $92.08. The stock has a market capitalization of $863.66 million, a price-to-earnings ratio of 14.05 and a beta of 0.32. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.08 and a quick ratio of 0.62.
John B. Sanfilippo & Son Announces Dividend
The business also recently declared a special dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be paid a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, August 17th. John B. Sanfilippo & Son’s dividend payout ratio is 18.06%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on JBSS shares. Weiss Ratings upgraded John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Freedom Broker upgraded John B. Sanfilippo & Son from a “hold” rating to a “buy” rating and cut their target price for the stock from $95.00 to $91.00 in a research report on Thursday, August 20th. BWS Financial reaffirmed a “buy” rating and issued a $109.00 price target on shares of John B. Sanfilippo & Son in a research note on Friday, August 21st. Wall Street Zen cut John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Freedom Capital upgraded John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, John B. Sanfilippo & Son has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.
View Our Latest Research Report on John B. Sanfilippo & Son
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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