Gamco Investors INC. ET AL Has $15.23 Million Stake in John B. Sanfilippo & Son, Inc. $JBSS

Gamco Investors INC. ET AL lowered its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,025 shares of the company’s stock after selling 12,300 shares during the period. Gamco Investors INC. ET AL owned about 1.64% of John B. Sanfilippo & Son worth $15,233,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Caxton Associates LLP acquired a new position in shares of John B. Sanfilippo & Son during the 1st quarter worth about $218,000. Inceptionr LLC bought a new stake in John B. Sanfilippo & Son during the first quarter worth about $325,000. Sei Investments Co. boosted its position in John B. Sanfilippo & Son by 111.5% during the first quarter. Sei Investments Co. now owns 10,615 shares of the company’s stock valued at $842,000 after purchasing an additional 5,596 shares during the last quarter. State of Wyoming bought a new position in John B. Sanfilippo & Son in the first quarter valued at approximately $135,000. Finally, First Trust Advisors LP increased its position in shares of John B. Sanfilippo & Son by 0.9% during the 1st quarter. First Trust Advisors LP now owns 29,520 shares of the company’s stock worth $2,342,000 after purchasing an additional 272 shares during the last quarter. 70.64% of the stock is currently owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Trading Up 1.0%

Shares of NASDAQ:JBSS opened at $81.19 on Friday. John B. Sanfilippo & Son, Inc. has a 12-month low of $59.07 and a 12-month high of $92.08. The stock has a market cap of $949.11 million, a PE ratio of 14.24 and a beta of 0.32. The business has a 50 day moving average of $80.61 and a 200-day moving average of $78.93. 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 (NASDAQ:JBSS) last announced 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 company had revenue of $281.78 million for the quarter, compared to analyst estimates of $260.82 million. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%. As a group, equities research analysts forecast that John B. Sanfilippo & Son, Inc. will post 5.85 earnings per share for the current year.

John B. Sanfilippo & Son Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be given a $1.05 dividend. The ex-dividend date of this dividend is Monday, August 17th. John B. Sanfilippo & Son’s payout ratio is presently 15.79%.

Analyst Ratings Changes

Several equities research analysts have recently commented on JBSS shares. Freedom Capital raised John B. Sanfilippo & Son to a “hold” rating in a report on Tuesday, June 30th. Weiss Ratings upgraded 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, Wall Street Zen raised shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $109.00.

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.