John B. Sanfilippo & Son, Inc. $JBSS Holdings Raised by Dean Capital Management

Dean Capital Management boosted its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 13.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 54,044 shares of the company’s stock after purchasing an additional 6,566 shares during the period. John B. Sanfilippo & Son makes up approximately 1.8% of Dean Capital Management’s portfolio, making the stock its 3rd biggest holding. Dean Capital Management’s holdings in John B. Sanfilippo & Son were worth $4,287,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of JBSS. Illinois Municipal Retirement Fund boosted its stake in shares of John B. Sanfilippo & Son by 4.7% in the first quarter. Illinois Municipal Retirement Fund now owns 4,907 shares of the company’s stock worth $389,000 after buying an additional 220 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of John B. Sanfilippo & Son by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,336 shares of the company’s stock valued at $378,000 after purchasing an additional 234 shares in the last quarter. Sound Income Strategies LLC lifted its stake in shares of 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 purchasing an additional 243 shares during the period. First Trust Advisors LP lifted its stake in shares of John B. Sanfilippo & Son by 0.9% in the 1st quarter. First Trust Advisors LP now owns 29,520 shares of the company’s stock valued at $2,342,000 after purchasing an additional 272 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of John B. Sanfilippo & Son by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 101,226 shares of the company’s stock valued at $8,030,000 after purchasing an additional 282 shares during the period. Hedge funds and other institutional investors own 70.64% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on JBSS shares. Wall Street Zen upgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings raised 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 upgraded John B. Sanfilippo & Son to a “hold” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS stock opened at $81.19 on Monday. John B. Sanfilippo & Son, Inc. has a 1-year low of $59.07 and a 1-year high of $92.08. The company has a market cap of $949.11 million, a price-to-earnings ratio of 14.24 and a beta of 0.32. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.30 and a quick ratio of 0.65. The stock has a 50 day simple moving average of $80.61 and a 200-day simple moving average of $79.00.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.27. The firm had revenue of $281.78 million for the quarter, compared to analysts’ expectations of $260.82 million. John B. Sanfilippo & Son had a net margin of 5.76% and a return on equity of 18.11%. On average, equities research analysts expect that John B. Sanfilippo & Son, Inc. will post 5.85 EPS for the current fiscal year.

John B. Sanfilippo & Son Dividend Announcement

The business also recently announced a special dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be given a $1.05 dividend. The ex-dividend date is Monday, August 17th. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is 16.67%.

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.