Skylands Capital LLC Makes New Investment in John B. Sanfilippo & Son, Inc. $JBSS

Skylands Capital LLC acquired a new stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 7,123 shares of the company’s stock, valued at approximately $458,000. Skylands Capital LLC owned 0.06% of John B. Sanfilippo & Son at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Rhumbline Advisers increased its holdings in John B. Sanfilippo & Son by 1.7% in the third 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. Advisors Asset Management Inc. grew its position in shares of John B. Sanfilippo & Son by 4.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 12,554 shares of the company’s stock worth $807,000 after buying an additional 499 shares during the period. Savant Capital LLC bought a new stake in shares of John B. Sanfilippo & Son in the 3rd quarter valued at $203,000. State of Wyoming increased its stake in shares of John B. Sanfilippo & Son by 65.6% in the 3rd quarter. State of Wyoming now owns 5,748 shares of the company’s stock valued at $369,000 after acquiring an additional 2,278 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in John B. Sanfilippo & Son by 5.6% during the third quarter. Thrivent Financial for Lutherans now owns 969,555 shares of the company’s stock worth $62,323,000 after acquiring an additional 51,658 shares in the last quarter. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Trading Up 0.6%

NASDAQ JBSS opened at $78.99 on Thursday. The stock has a market capitalization of $923.39 million, a price-to-earnings ratio of 13.19 and a beta of 0.36. John B. Sanfilippo & Son, Inc. has a one year low of $58.47 and a one year high of $81.93. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.27 and a quick ratio of 0.69. The business’s fifty day moving average is $74.13 and its 200-day moving average is $68.10.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings data on Thursday, January 29th. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.17. The business had revenue of $314.78 million during the quarter, compared to the consensus estimate of $313.43 million. John B. Sanfilippo & Son had a net margin of 6.15% and a return on equity of 19.54%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on JBSS. Zacks Research lowered shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. Weiss Ratings restated a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a research note on Monday, December 29th. Wall Street Zen cut shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. Finally, BWS Financial reaffirmed a “buy” rating and issued a $109.00 price target on shares of John B. Sanfilippo & Son in a research report on Monday, February 2nd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average 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.