John B. Sanfilippo & Son, Inc. $JBSS Shares Purchased by Heartland Advisors Inc.

Heartland Advisors Inc. grew its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 450.0% during the 3rd quarter, according to the company in its most recent filing with the 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.’s holdings in John B. Sanfilippo & Son were worth $3,535,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

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

John B. Sanfilippo & Son Stock Performance

Shares of John B. Sanfilippo & Son stock opened at $79.78 on Wednesday. John B. Sanfilippo & Son, Inc. has a 12 month low of $58.47 and a 12 month high of $81.93. The company has a quick ratio of 0.69, a current ratio of 2.27 and a debt-to-equity ratio of 0.08. The stock has a market cap of $932.39 million, a PE ratio of 13.32 and a beta of 0.36. The business has a fifty day simple moving average of $74.74 and a 200-day simple moving average of $68.54.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings data on Thursday, January 29th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.17. John B. Sanfilippo & Son had a return on equity of 19.54% and a net margin of 6.15%.The firm had revenue of $314.78 million during the quarter, compared to the consensus estimate of $313.43 million.

About John B. Sanfilippo & Son

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.