Creative Planning Purchases Shares of 32,148 John B. Sanfilippo & Son, Inc. $JBSS

Creative Planning acquired a new position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 32,148 shares of the company’s stock, valued at approximately $2,033,000. Creative Planning owned approximately 0.27% of John B. Sanfilippo & Son at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JBSS. SG Americas Securities LLC boosted its holdings in John B. Sanfilippo & Son by 13.7% in the 2nd quarter. SG Americas Securities LLC now owns 5,456 shares of the company’s stock worth $345,000 after buying an additional 657 shares during the period. Bank of New York Mellon Corp raised its holdings in John B. Sanfilippo & Son by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 130,470 shares of the company’s stock valued at $8,251,000 after acquiring an additional 1,853 shares during the period. Bank of Montreal Can purchased a new position in shares of John B. Sanfilippo & Son in the second quarter valued at about $230,000. Inspire Investing LLC boosted its stake in shares of John B. Sanfilippo & Son by 27.6% in the second quarter. Inspire Investing LLC now owns 6,144 shares of the company’s stock worth $389,000 after acquiring an additional 1,329 shares during the period. Finally, Hunter Perkins Capital Management LLC boosted its stake in shares of John B. Sanfilippo & Son by 21.1% in the second quarter. Hunter Perkins Capital Management LLC now owns 144,998 shares of the company’s stock worth $9,170,000 after acquiring an additional 25,229 shares during the period. 70.64% of the stock is currently owned by institutional investors.

John B. Sanfilippo & Son Stock Performance

NASDAQ:JBSS opened at $72.35 on Wednesday. The company has a market cap of $842.44 million, a price-to-earnings ratio of 12.87 and a beta of 0.36. John B. Sanfilippo & Son, Inc. has a 1 year low of $58.47 and a 1 year high of $91.98. The stock’s 50 day simple moving average is $64.62 and its two-hundred day simple moving average is $64.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.22 and a quick ratio of 0.59.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its earnings results on Wednesday, October 29th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.31. John B. Sanfilippo & Son had a return on equity of 19.17% and a net margin of 5.84%.The firm had revenue of $298.68 million during the quarter, compared to the consensus estimate of $273.93 million.

John B. Sanfilippo & Son Announces Dividend

The firm also recently disclosed a special dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 1st will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, December 1st. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is presently 16.01%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on JBSS. 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, November 3rd. Wall Street Zen upgraded shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 9th. Zacks Research raised shares of John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a report on Friday, November 21st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of John B. Sanfilippo & Son in a research note on Wednesday, November 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.00.

John B. Sanfilippo & Son Profile

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.