John B. Sanfilippo & Son, Inc. $JBSS Stake Boosted by Heartland Advisors Inc.

Heartland Advisors Inc. boosted its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 450.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,000 shares of the company’s stock after purchasing an additional 45,000 shares during the quarter. Heartland Advisors Inc. owned approximately 0.47% of John B. Sanfilippo & Son worth $3,535,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of John B. Sanfilippo & Son by 1,238.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 415 shares of the company’s stock valued at $26,000 after buying an additional 384 shares during the period. HM Payson & Co. bought a new position in John B. Sanfilippo & Son in the third quarter worth about $35,000. GAMMA Investing LLC boosted its stake in John B. Sanfilippo & Son by 30.0% in the third quarter. GAMMA Investing LLC now owns 893 shares of the company’s stock valued at $57,000 after acquiring an additional 206 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of John B. Sanfilippo & Son by 225.6% during the second quarter. Tower Research Capital LLC TRC now owns 915 shares of the company’s stock valued at $58,000 after purchasing an additional 634 shares during the last quarter. Finally, AlphaQuest LLC grew its holdings in shares of John B. Sanfilippo & Son by 266.1% during the third quarter. AlphaQuest LLC now owns 992 shares of the company’s stock valued at $64,000 after purchasing an additional 721 shares during the last quarter. 70.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on JBSS. Wall Street Zen lowered John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a research report on Monday, December 29th. BWS Financial reissued a “buy” rating and set a $109.00 price target on shares of John B. Sanfilippo & Son in a report on Monday, February 2nd. Finally, Zacks Research lowered shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 2nd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Stock Down 0.4%

Shares of John B. Sanfilippo & Son stock opened at $79.78 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.27 and a quick ratio of 0.69. John B. Sanfilippo & Son, Inc. has a 1-year low of $58.47 and a 1-year high of $81.93. The business’s fifty day moving average price is $74.74 and its two-hundred day moving average price is $68.54. The company has a market capitalization of $932.39 million, a P/E ratio of 13.32 and a beta of 0.36.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings results on Thursday, January 29th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.17. The company had revenue of $314.78 million for the quarter, compared to analyst estimates of $313.43 million. John B. Sanfilippo & Son had a return on equity of 19.54% and a net margin of 6.15%.

John B. Sanfilippo & Son 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.