Dynamic Technology Lab Private Ltd Acquires Shares of 12,080 John B. Sanfilippo & Son, Inc. $JBSS

Dynamic Technology Lab Private Ltd acquired a new position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 12,080 shares of the company’s stock, valued at approximately $777,000. Dynamic Technology Lab Private Ltd owned 0.10% of John B. Sanfilippo & Son at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its holdings in shares of John B. Sanfilippo & Son by 1,238.7% in the second quarter. EverSource Wealth Advisors LLC now owns 415 shares of the company’s stock valued at $26,000 after purchasing an additional 384 shares during the period. HM Payson & Co. acquired a new stake in shares of John B. Sanfilippo & Son during the third quarter worth $35,000. GAMMA Investing LLC grew its position in John B. Sanfilippo & Son by 30.0% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the company’s stock valued at $57,000 after buying an additional 206 shares during the last quarter. Tower Research Capital LLC TRC grew its position in John B. Sanfilippo & Son by 225.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 915 shares of the company’s stock valued at $58,000 after buying an additional 634 shares during the last quarter. Finally, AlphaQuest LLC increased its stake in John B. Sanfilippo & Son by 266.1% in the 3rd quarter. AlphaQuest LLC now owns 992 shares of the company’s stock valued at $64,000 after buying an additional 721 shares during the period. 70.64% of the stock is currently owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Trading Down 1.3%

Shares of JBSS opened at $75.93 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.27 and a quick ratio of 0.69. The firm has a 50 day simple moving average of $76.66 and a 200-day simple moving average of $70.29. John B. Sanfilippo & Son, Inc. has a 1-year low of $58.47 and a 1-year high of $85.15. The stock has a market cap of $887.62 million, a price-to-earnings ratio of 12.68 and a beta of 0.35.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its earnings results on Thursday, January 29th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.17. The firm 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%.

Analyst Upgrades and Downgrades

JBSS has been the subject of a number of analyst reports. Zacks Research downgraded shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 2nd. Wall Street Zen raised shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. 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, Weiss Ratings restated a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $109.00.

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.