John B. Sanfilippo & Son, Inc. $JBSS Shares Sold by Hunter Perkins Capital Management LLC

Hunter Perkins Capital Management LLC lessened its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 6.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 136,183 shares of the company’s stock after selling 9,605 shares during the period. John B. Sanfilippo & Son accounts for approximately 2.2% of Hunter Perkins Capital Management LLC’s holdings, making the stock its 11th biggest position. Hunter Perkins Capital Management LLC owned 1.17% of John B. Sanfilippo & Son worth $9,615,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC bought a new position in John B. Sanfilippo & Son in the fourth quarter worth about $283,000. GAMMA Investing LLC grew its holdings in shares of John B. Sanfilippo & Son by 65.6% during the fourth quarter. GAMMA Investing LLC now owns 1,479 shares of the company’s stock valued at $104,000 after purchasing an additional 586 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of John B. Sanfilippo & Son by 15.0% during the third quarter. JPMorgan Chase & Co. now owns 35,904 shares of the company’s stock valued at $2,308,000 after purchasing an additional 4,685 shares during the last quarter. PharVision Advisers LLC acquired a new stake in shares of John B. Sanfilippo & Son during the 3rd quarter worth approximately $207,000. Finally, Virtus Advisers LLC acquired a new stake in shares of John B. Sanfilippo & Son during the 3rd quarter worth approximately $42,000. Institutional investors and hedge funds own 70.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. BWS Financial restated a “buy” rating and set a $109.00 price objective on shares of John B. Sanfilippo & Son in a research report on Monday, February 2nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a research report on Monday, December 29th. Zacks Research cut John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. Finally, Wall Street Zen raised shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS stock opened at $77.59 on Friday. John B. Sanfilippo & Son, Inc. has a 12-month low of $58.47 and a 12-month high of $85.15. 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 firm has a market capitalization of $907.03 million, a price-to-earnings ratio of 12.95 and a beta of 0.35. The business has a 50 day simple moving average of $78.09 and a 200 day simple moving average of $71.39.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its earnings results on Thursday, January 29th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.17. John B. Sanfilippo & Son had a return on equity of 19.54% and a net margin of 6.15%.The firm had revenue of $314.78 million for the quarter, compared to the consensus estimate of $313.43 million.

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.