Janus Henderson Group PLC Has $8.13 Million Stake in John B. Sanfilippo & Son, Inc. $JBSS

Janus Henderson Group PLC trimmed its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 7.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,543 shares of the company’s stock after selling 8,762 shares during the period. Janus Henderson Group PLC owned approximately 0.88% of John B. Sanfilippo & Son worth $8,135,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position in shares of 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 purchasing an additional 384 shares during the last quarter. Quarry LP bought a new stake in John B. Sanfilippo & Son during the 3rd quarter valued at approximately $32,000. Sound Income Strategies LLC grew its holdings in John B. Sanfilippo & Son by 150.9% in the 1st quarter. Sound Income Strategies LLC now owns 404 shares of the company’s stock valued at $33,000 after buying an additional 243 shares during the last quarter. Leonteq Securities AG acquired a new stake in John B. Sanfilippo & Son in the 4th quarter valued at approximately $40,000. Finally, Virtus Advisers LLC bought a new position in John B. Sanfilippo & Son in the 3rd quarter worth approximately $42,000. 70.64% of the stock is owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Stock Up 1.0%

JBSS stock opened at $85.18 on Thursday. John B. Sanfilippo & Son, Inc. has a twelve month low of $59.07 and a twelve month high of $92.08. The company has a market cap of $995.75 million, a PE ratio of 14.94 and a beta of 0.32. The business’s 50-day simple moving average is $81.86 and its 200 day simple moving average is $79.70. 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 Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be issued a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, August 17th. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is presently 15.79%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wall Street Zen upgraded John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. 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, Freedom Capital raised shares of John B. Sanfilippo & Son to a “hold” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, John B. Sanfilippo & Son currently 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.