Strs Ohio Makes New Investment in John B. Sanfilippo & Son, Inc. $JBSS

Strs Ohio acquired a new stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the 1st quarter, Holdings Channel.com reports. The fund acquired 7,300 shares of the company’s stock, valued at approximately $579,000.

A number of other institutional investors have also recently modified their holdings of JBSS. EverSource Wealth Advisors LLC increased its position in shares of John B. Sanfilippo & Son by 1,238.7% in the second quarter. EverSource Wealth Advisors LLC now owns 415 shares of the company’s stock worth $26,000 after purchasing an additional 384 shares during the period. Quarry LP bought a new stake in John B. Sanfilippo & Son during the third quarter worth about $32,000. Leonteq Securities AG bought a new stake in John B. Sanfilippo & Son during the fourth quarter worth about $40,000. Virtus Advisers LLC acquired a new stake in John B. Sanfilippo & Son during the third quarter worth about $42,000. Finally, Tower Research Capital LLC TRC grew its stake in John B. Sanfilippo & Son by 225.6% during the second quarter. Tower Research Capital LLC TRC now owns 915 shares of the company’s stock worth $58,000 after buying an additional 634 shares in the last quarter. 70.64% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

JBSS has been the subject of several analyst reports. Wall Street Zen cut shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Weiss Ratings raised shares of John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Finally, Freedom Capital raised shares of John B. Sanfilippo & Son to a “hold” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $109.00.

John B. Sanfilippo & Son Price Performance

Shares of NASDAQ:JBSS opened at $86.56 on Friday. John B. Sanfilippo & Son, Inc. has a one year low of $59.07 and a one year high of $92.08. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.30 and a quick ratio of 0.65. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 15.19 and a beta of 0.32. The firm has a 50 day simple moving average of $79.47 and a 200 day simple moving average of $78.13.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its earnings results on Wednesday, April 29th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 5.76% and a return on equity of 18.11%. Research analysts predict that John B. Sanfilippo & Son, Inc. will post 5.85 earnings per share for the current fiscal year.

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.