8,298 Shares in John B. Sanfilippo & Son, Inc. $JBSS Purchased by Horizon Investments LLC

Horizon Investments LLC acquired a new position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the 4th quarter, HoldingsChannel reports. The fund acquired 8,298 shares of the company’s stock, valued at approximately $586,000.

Several other large investors also recently added to or reduced their stakes in JBSS. AQR Capital Management LLC increased its holdings in John B. Sanfilippo & Son by 3.2% in the 1st quarter. AQR Capital Management LLC now owns 25,174 shares of the company’s stock worth $1,784,000 after acquiring an additional 769 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in John B. Sanfilippo & Son by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,336 shares of the company’s stock worth $378,000 after purchasing an additional 234 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in John B. Sanfilippo & Son in the 1st quarter worth about $243,000. Jane Street Group LLC boosted its stake in John B. Sanfilippo & Son by 21.8% in the 1st quarter. Jane Street Group LLC now owns 17,253 shares of the company’s stock worth $1,223,000 after purchasing an additional 3,090 shares during the period. Finally, Quantbot Technologies LP boosted its stake in John B. Sanfilippo & Son by 86.7% in the 2nd quarter. Quantbot Technologies LP now owns 6,875 shares of the company’s stock worth $435,000 after purchasing an additional 3,192 shares during the period. Hedge funds and other institutional investors own 70.64% of the company’s stock.

Analyst Upgrades and Downgrades

JBSS has been the subject of several analyst reports. Wall Street Zen downgraded John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. BWS Financial restated a “buy” rating and issued a $109.00 target price on shares of John B. Sanfilippo & Son in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $109.00.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS opened at $77.95 on Friday. The company has a market cap of $911.24 million, a PE ratio of 13.68 and a beta of 0.38. The company has a current ratio of 2.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.10. The stock has a 50-day moving average price of $79.40 and a 200-day moving average price of $74.82. John B. Sanfilippo & Son, Inc. has a 12-month low of $59.07 and a 12-month high of $85.15.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued 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 during the quarter, compared to the consensus estimate of $260.83 million. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%. As a group, equities analysts forecast that John B. Sanfilippo & Son, Inc. will post 5.85 earnings per share for the current fiscal year.

John B. Sanfilippo & Son Announces Dividend

The company also recently announced a special dividend, which will be paid on Thursday, May 21st. Investors of record on Monday, April 27th will be given a $1.50 dividend. The ex-dividend date is Monday, April 27th. John B. Sanfilippo & Son’s payout ratio is presently 15.79%.

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.