Hsbc Holdings PLC Acquires 9,234 Shares of John B. Sanfilippo & Son, Inc. $JBSS

Hsbc Holdings PLC boosted its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 82.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,413 shares of the company’s stock after purchasing an additional 9,234 shares during the quarter. Hsbc Holdings PLC owned 0.17% of John B. Sanfilippo & Son worth $1,447,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in shares of John B. Sanfilippo & Son by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 300,746 shares of the company’s stock worth $21,233,000 after purchasing an additional 3,007 shares during the period. Deutsche Bank AG raised its position in shares of John B. Sanfilippo & Son by 22.8% in the fourth quarter. Deutsche Bank AG now owns 256,526 shares of the company’s stock valued at $18,111,000 after buying an additional 47,559 shares in the last quarter. Royce & Associates LP boosted its stake in shares of John B. Sanfilippo & Son by 2.5% in the fourth quarter. Royce & Associates LP now owns 249,068 shares of the company’s stock valued at $17,584,000 after buying an additional 6,170 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of John B. Sanfilippo & Son by 19.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 204,325 shares of the company’s stock valued at $14,425,000 after buying an additional 32,800 shares during the period. Finally, Ameriprise Financial Inc. grew its position in John B. Sanfilippo & Son by 2.6% during the third quarter. Ameriprise Financial Inc. now owns 152,762 shares of the company’s stock worth $9,820,000 after buying an additional 3,866 shares in the last quarter. Institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Stock Performance

NASDAQ JBSS opened at $85.99 on Wednesday. The firm’s 50 day simple moving average is $78.30 and its 200 day simple moving average is $77.49. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 15.09 and a beta of 0.34. The company has a current ratio of 2.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.10. John B. Sanfilippo & Son, Inc. has a 1 year low of $59.07 and a 1 year high of $88.66.

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

Wall Street Analyst Weigh In

A number of research firms have commented on JBSS. Weiss Ratings upgraded John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Wall Street Zen downgraded John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 23rd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target 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.