Thrivent Financial for Lutherans Sells 148,651 Shares of John B. Sanfilippo & Son, Inc. $JBSS

Thrivent Financial for Lutherans lowered its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 15.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 820,904 shares of the company’s stock after selling 148,651 shares during the quarter. Thrivent Financial for Lutherans owned about 0.07% of John B. Sanfilippo & Son worth $57,955,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JBSS. Quantbot Technologies LP lifted its stake in John B. Sanfilippo & Son by 2.7% in the 3rd quarter. Quantbot Technologies LP now owns 7,059 shares of the company’s stock worth $454,000 after purchasing an additional 184 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in John B. Sanfilippo & Son by 4.6% in the 1st 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. Illinois Municipal Retirement Fund lifted its stake in John B. Sanfilippo & Son by 5.9% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 4,825 shares of the company’s stock worth $310,000 after purchasing an additional 268 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in John B. Sanfilippo & Son by 1,238.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 415 shares of the company’s stock worth $26,000 after purchasing an additional 384 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in John B. Sanfilippo & Son by 1.7% in the 3rd quarter. Rhumbline Advisers now owns 25,742 shares of the company’s stock worth $1,655,000 after purchasing an additional 427 shares in the last quarter. Institutional investors own 70.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on JBSS. BWS Financial reiterated a “buy” rating and issued a $109.00 price target on shares of John B. Sanfilippo & Son in a research note on Monday, February 2nd. Wall Street Zen upgraded shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, John B. Sanfilippo & Son has a consensus rating of “Hold” and an average price target of $109.00.

John B. Sanfilippo & Son Stock Performance

Shares of NASDAQ:JBSS opened at $74.91 on Friday. The company has a market capitalization of $875.70 million, a price-to-earnings ratio of 13.14 and a beta of 0.38. John B. Sanfilippo & Son, Inc. has a 12 month low of $59.07 and a 12 month high of $85.15. The firm’s 50-day moving average is $78.74 and its 200 day moving average is $75.34. The company has a current ratio of 2.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.10.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.16 by $0.27. The company had revenue of $281.78 million for the quarter, compared to the consensus estimate of $260.83 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 EPS for the current year.

John B. Sanfilippo & Son Dividend Announcement

The company also recently declared a special dividend, which will be paid on Thursday, May 21st. Investors of record on Monday, April 27th will be issued a dividend of $1.50 per share. The ex-dividend date is Monday, April 27th. John B. Sanfilippo & Son’s dividend payout ratio is presently 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.