Horizon Investments LLC Purchases New Shares in John B. Sanfilippo & Son, Inc. $JBSS

Horizon Investments LLC purchased a new stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,298 shares of the company’s stock, valued at approximately $586,000. Horizon Investments LLC owned about 0.07% of John B. Sanfilippo & Son at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Quantbot Technologies LP raised its position in John B. Sanfilippo & Son by 2.7% in the 3rd quarter. Quantbot Technologies LP now owns 7,059 shares of the company’s stock valued at $454,000 after buying an additional 184 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position 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 during the last quarter. Illinois Municipal Retirement Fund increased its position in shares of John B. Sanfilippo & Son by 5.9% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 4,825 shares of the company’s stock valued at $310,000 after purchasing an additional 268 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of John B. Sanfilippo & Son by 1,238.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 415 shares of the company’s stock valued at $26,000 after purchasing an additional 384 shares during the last quarter. Finally, Rhumbline Advisers increased its position in shares of John B. Sanfilippo & Son by 1.7% during the 3rd quarter. Rhumbline Advisers now owns 25,742 shares of the company’s stock valued at $1,655,000 after purchasing an additional 427 shares during the last quarter. 70.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on JBSS shares. Wall Street Zen lowered John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. BWS Financial reaffirmed a “buy” rating and set a $109.00 target price on shares of John B. Sanfilippo & Son in a research report on Monday, February 2nd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, John B. Sanfilippo & Son has a consensus rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Trading Down 0.2%

Shares of JBSS opened at $77.95 on Friday. The business has a 50-day moving average of $79.40 and a 200 day moving average of $74.82. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $59.07 and a fifty-two week high of $85.15. The firm has a market cap of $911.24 million, a P/E ratio of 13.68 and a beta of 0.38. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.65 and a current ratio of 2.30.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.27. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%.The company had revenue of $281.78 million during the quarter, compared to analyst estimates of $260.83 million. As a group, research analysts forecast that John B. Sanfilippo & Son, Inc. will post 5.85 EPS for the current year.

John B. Sanfilippo & Son Announces Dividend

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

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.