Dean Capital Management Grows Stock Position in John B. Sanfilippo & Son, Inc. $JBSS

Dean Capital Management boosted its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 163.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,657 shares of the company’s stock after acquiring an additional 22,117 shares during the quarter. Dean Capital Management’s holdings in John B. Sanfilippo & Son were worth $2,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Ameriprise Financial Inc. increased its stake in John B. Sanfilippo & Son by 260.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 148,896 shares of the company’s stock worth $9,416,000 after purchasing an additional 107,637 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of John B. Sanfilippo & Son by 5.6% during the third quarter. Thrivent Financial for Lutherans now owns 969,555 shares of the company’s stock valued at $62,323,000 after purchasing an additional 51,658 shares during the period. Heartland Advisors Inc. boosted its stake in shares of John B. Sanfilippo & Son by 450.0% during the third quarter. Heartland Advisors Inc. now owns 55,000 shares of the company’s stock valued at $3,535,000 after purchasing an additional 45,000 shares during the period. Qube Research & Technologies Ltd grew its holdings in shares of John B. Sanfilippo & Son by 96.3% in the second quarter. Qube Research & Technologies Ltd now owns 80,173 shares of the company’s stock worth $5,070,000 after purchasing an additional 39,336 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its holdings in shares of John B. Sanfilippo & Son by 28.8% in the second quarter. Gamco Investors INC. ET AL now owns 168,525 shares of the company’s stock worth $10,658,000 after purchasing an additional 37,720 shares during the last quarter. 70.64% of the stock is currently owned by institutional investors.

John B. Sanfilippo & Son Price Performance

JBSS opened at $76.27 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.69 and a current ratio of 2.27. John B. Sanfilippo & Son, Inc. has a 52-week low of $58.47 and a 52-week high of $85.15. The stock has a market capitalization of $891.60 million, a PE ratio of 12.73 and a beta of 0.35. The stock’s 50 day moving average price is $77.12 and its 200-day moving average price is $70.58.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Thursday, January 29th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.17. The company had revenue of $314.78 million during 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%.

Analysts Set New Price Targets

A number of research firms recently commented on JBSS. Zacks Research lowered 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 report on Monday, December 29th. BWS Financial restated a “buy” rating and issued a $109.00 price objective on shares of John B. Sanfilippo & Son in a research report on Monday, February 2nd. Finally, Wall Street Zen raised shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. 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 MarketBeat, the stock 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.