SG Americas Securities LLC Increases Stock Holdings in John B. Sanfilippo & Son, Inc. $JBSS

SG Americas Securities LLC boosted its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 186.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,650 shares of the company’s stock after acquiring an additional 10,194 shares during the period. SG Americas Securities LLC owned 0.13% of John B. Sanfilippo & Son worth $1,006,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ameriprise Financial Inc. increased its position 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. Qube Research & Technologies Ltd boosted its position in John B. Sanfilippo & Son by 96.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 80,173 shares of the company’s stock valued at $5,070,000 after acquiring an additional 39,336 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of John B. Sanfilippo & Son by 28.8% during the 2nd quarter. Gamco Investors INC. ET AL now owns 168,525 shares of the company’s stock worth $10,658,000 after acquiring an additional 37,720 shares during the period. Creative Planning purchased a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth approximately $2,033,000. Finally, Hunter Perkins Capital Management LLC raised its position in shares of John B. Sanfilippo & Son by 21.1% in the 2nd 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 in the last quarter. 70.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

JBSS has been the topic of several research reports. Wall Street Zen upgraded John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a report on Monday, December 29th. Zacks Research lowered shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. Finally, BWS Financial reaffirmed a “buy” rating and issued a $109.00 target price on shares of John B. Sanfilippo & Son in a report on Monday, November 3rd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, John B. Sanfilippo & Son presently has an average rating of “Hold” and a consensus target price of $109.00.

John B. Sanfilippo & Son Trading Down 1.3%

John B. Sanfilippo & Son stock opened at $73.49 on Monday. John B. Sanfilippo & Son, Inc. has a one year low of $58.47 and a one year high of $91.26. The business’s fifty day moving average is $71.67 and its 200 day moving average is $66.85. The stock has a market capitalization of $855.42 million, a PE ratio of 13.08 and a beta of 0.36. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.44 and a quick ratio of 0.72.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its earnings results on Wednesday, October 29th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.31. The business had revenue of $298.68 million for the quarter, compared to analysts’ expectations of $273.93 million. John B. Sanfilippo & Son had a net margin of 5.84% and a return on equity of 18.92%.

John B. Sanfilippo & Son Announces Dividend

The business also recently disclosed a special dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 1st were given a dividend of $1.00 per share. The ex-dividend date was Monday, December 1st. John B. Sanfilippo & Son’s dividend payout ratio is 16.01%.

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.