Dean Capital Management boosted its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Free Report) by 33.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 47,478 shares of the company’s stock after purchasing an additional 11,821 shares during the quarter. John B. Sanfilippo & Son makes up 1.4% of Dean Capital Management’s portfolio, making the stock its 13th largest position. Dean Capital Management’s holdings in John B. Sanfilippo & Son were worth $3,352,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. AQR Capital Management LLC lifted its position in shares of John B. Sanfilippo & Son by 3.2% in the first quarter. AQR Capital Management LLC now owns 25,174 shares of the company’s stock valued at $1,784,000 after acquiring an additional 769 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of John B. Sanfilippo & Son by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,336 shares of the company’s stock worth $378,000 after purchasing an additional 234 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in John B. Sanfilippo & Son during the 1st quarter valued at approximately $243,000. Jane Street Group LLC raised its stake in John B. Sanfilippo & Son by 21.8% during the 1st quarter. Jane Street Group LLC now owns 17,253 shares of the company’s stock valued at $1,223,000 after purchasing an additional 3,090 shares during the period. Finally, Quantbot Technologies LP lifted its holdings in John B. Sanfilippo & Son by 86.7% in the 2nd quarter. Quantbot Technologies LP now owns 6,875 shares of the company’s stock worth $435,000 after purchasing an additional 3,192 shares in the last quarter. 70.64% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts have weighed in on the company. 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. Wall Street Zen cut shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $109.00.
John B. Sanfilippo & Son Stock Up 0.5%
JBSS opened at $78.04 on Friday. The company has a market capitalization of $912.29 million, a PE ratio of 13.69 and a beta of 0.34. The firm has a 50-day simple moving average of $78.00 and a two-hundred day simple moving average of $76.85. The company has a quick ratio of 0.65, a current ratio of 2.30 and a debt-to-equity ratio of 0.10. John B. Sanfilippo & Son, Inc. has a 52 week low of $59.07 and a 52 week high of $85.15.
John B. Sanfilippo & Son (NASDAQ:JBSS – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.27. The firm had revenue of $281.78 million for the quarter, compared to analysts’ expectations of $260.82 million. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%. Analysts forecast that John B. Sanfilippo & Son, Inc. will post 5.85 earnings per share for the current fiscal year.
John B. Sanfilippo & Son Announces Dividend
The company also recently declared a special dividend, which was paid on Thursday, May 21st. Shareholders of record on Monday, April 27th were issued a dividend of $1.50 per share. The ex-dividend date was Monday, April 27th. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is currently 15.79%.
John B. Sanfilippo & Son Company 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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