John B. Sanfilippo & Son, Inc. $JBSS Shares Sold by UBS Group AG

UBS Group AG lessened its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 37.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 105,640 shares of the company’s stock after selling 62,031 shares during the period. UBS Group AG owned approximately 0.91% of John B. Sanfilippo & Son worth $7,458,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. increased its position in John B. Sanfilippo & Son by 260.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 148,896 shares of the company’s stock worth $9,416,000 after purchasing an additional 107,637 shares during the period. Thrivent Financial for Lutherans lifted its holdings in John B. Sanfilippo & Son by 5.6% in the third quarter. Thrivent Financial for Lutherans now owns 969,555 shares of the company’s stock valued at $62,323,000 after acquiring an additional 51,658 shares during the period. Heartland Advisors Inc. lifted its holdings in John B. Sanfilippo & Son by 450.0% in the third quarter. Heartland Advisors Inc. now owns 55,000 shares of the company’s stock valued at $3,535,000 after acquiring an additional 45,000 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of John B. Sanfilippo & Son by 96.3% in the second quarter. Qube Research & Technologies Ltd now owns 80,173 shares of the company’s stock valued at $5,070,000 after purchasing an additional 39,336 shares during the period. Finally, Invenomic Capital Management LP acquired a new stake in shares of John B. Sanfilippo & Son during the 3rd quarter valued at approximately $1,903,000. 70.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

John B. Sanfilippo & Son Stock Performance

Shares of NASDAQ:JBSS opened at $75.56 on Tuesday. The business has a 50-day moving average of $78.69 and a two-hundred day moving average of $75.55. The firm has a market capitalization of $883.30 million, a PE ratio of 13.26 and a beta of 0.38. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.30 and a quick ratio of 0.65. John B. Sanfilippo & Son, Inc. has a 12 month low of $59.07 and a 12 month high of $85.15.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.43 earnings per share for the quarter, beating 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 $260.83 million. John B. Sanfilippo & Son had a net margin of 5.76% and a return on equity of 18.11%. As a group, research analysts forecast that John B. Sanfilippo & Son, Inc. will post 5.85 earnings per share for the current year.

John B. Sanfilippo & Son Announces Dividend

The firm also recently announced a special dividend, which will be paid on Thursday, May 21st. Stockholders of record on Monday, April 27th will be paid a dividend of $1.50 per share. The ex-dividend date is Monday, April 27th. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is currently 15.79%.

About John B. Sanfilippo & Son

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.