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

Vanguard Group Inc. lessened its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 8.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 719,576 shares of the company’s stock after selling 64,311 shares during the period. Vanguard Group Inc. owned approximately 0.06% of John B. Sanfilippo & Son worth $50,802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of JBSS. EverSource Wealth Advisors LLC lifted its stake in John B. Sanfilippo & Son by 1,238.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 415 shares of the company’s stock worth $26,000 after acquiring an additional 384 shares in the last quarter. Quarry LP acquired a new position in John B. Sanfilippo & Son during the 3rd quarter worth about $32,000. Virtus Advisers LLC acquired a new position in John B. Sanfilippo & Son during the 3rd quarter worth about $42,000. Tower Research Capital LLC TRC lifted its stake in John B. Sanfilippo & Son by 225.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 915 shares of the company’s stock worth $58,000 after acquiring an additional 634 shares in the last quarter. Finally, AlphaQuest LLC lifted its stake in John B. Sanfilippo & Son by 266.1% during the 3rd quarter. AlphaQuest LLC now owns 992 shares of the company’s stock worth $64,000 after acquiring an additional 721 shares in the last quarter. Institutional investors and hedge funds own 70.64% of the company’s stock.

Analyst Upgrades and Downgrades

JBSS has been the topic of several research reports. Wall Street Zen raised John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. BWS Financial reissued a “buy” rating and set a $109.00 target price on shares of John B. Sanfilippo & Son in a research note on Monday, February 2nd. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $109.00.

John B. Sanfilippo & Son Trading Up 0.2%

JBSS opened at $74.91 on Friday. John B. Sanfilippo & Son, Inc. has a one year low of $59.07 and a one year high of $85.15. The company has a market cap of $875.70 million, a P/E ratio of 13.14 and a beta of 0.38. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.65 and a current ratio of 2.30. The business’s 50-day simple moving average is $78.74 and its 200-day simple moving average is $75.34.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.27. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%.The business had revenue of $281.78 million for the quarter, compared to the consensus estimate of $260.83 million. As a group, equities research analysts expect that John B. Sanfilippo & Son, Inc. will post 5.85 EPS for the current fiscal year.

John B. Sanfilippo & Son Dividend Announcement

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

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.