12,080 Shares in John B. Sanfilippo & Son, Inc. $JBSS Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 12,080 shares of the company’s stock, valued at approximately $777,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its stake in shares of John B. Sanfilippo & Son by 5.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 969,555 shares of the company’s stock worth $62,323,000 after purchasing an additional 51,658 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of John B. Sanfilippo & Son by 0.4% in the third quarter. Dimensional Fund Advisors LP now owns 297,739 shares of the company’s stock valued at $19,138,000 after buying an additional 1,048 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in shares of John B. Sanfilippo & Son by 1.8% during the third quarter. Gamco Investors INC. ET AL now owns 171,525 shares of the company’s stock valued at $11,026,000 after buying an additional 3,000 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of John B. Sanfilippo & Son by 260.9% during the second quarter. Ameriprise Financial Inc. now owns 148,896 shares of the company’s stock valued at $9,416,000 after buying an additional 107,637 shares during the period. Finally, Hunter Perkins Capital Management LLC boosted its position in John B. Sanfilippo & Son by 0.5% during the third quarter. Hunter Perkins Capital Management LLC now owns 145,788 shares of the company’s stock worth $9,371,000 after acquiring an additional 790 shares during the last quarter. 70.64% of the stock is currently owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Price Performance

JBSS stock opened at $75.93 on Tuesday. The stock has a 50-day moving average price of $76.66 and a two-hundred day moving average price of $70.29. 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 current ratio of 2.27, a quick ratio of 0.69 and a debt-to-equity ratio of 0.08. The company has a market cap of $887.62 million, a PE ratio of 12.68 and a beta of 0.35.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data 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 business had revenue of $314.78 million for the quarter, compared to analyst estimates of $313.43 million.

Wall Street Analyst Weigh In

Several brokerages have weighed in on JBSS. Wall Street Zen upgraded John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. Zacks Research cut John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. BWS Financial restated a “buy” rating and set a $109.00 price objective on shares of John B. Sanfilippo & Son in a report on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a research report on Monday, December 29th. One research 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 currently has an average 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.