John B. Sanfilippo & Son, Inc. $JBSS Shares Sold by UBS Group AG

UBS Group AG trimmed its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 37.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 105,640 shares of the company’s stock after selling 62,031 shares during the quarter. UBS Group AG’s holdings in John B. Sanfilippo & Son were worth $7,458,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in JBSS. EverSource Wealth Advisors LLC raised 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 worth $26,000 after purchasing an additional 384 shares during the period. Quarry LP acquired a new position in John B. Sanfilippo & Son during the 3rd quarter valued at about $32,000. Virtus Advisers LLC acquired a new position in shares of John B. Sanfilippo & Son during the third quarter worth approximately $42,000. Tower Research Capital LLC TRC boosted its position in John B. Sanfilippo & Son by 225.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 915 shares of the company’s stock worth $58,000 after acquiring an additional 634 shares during the period. Finally, AlphaQuest LLC lifted its holdings in John B. Sanfilippo & Son by 266.1% in the third quarter. AlphaQuest LLC now owns 992 shares of the company’s stock worth $64,000 after purchasing an additional 721 shares during the period. Institutional investors own 70.64% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on JBSS shares. BWS Financial reissued a “buy” rating and issued a $109.00 price objective on shares of John B. Sanfilippo & Son in a research note on Monday, February 2nd. Wall Street Zen upgraded shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Price Performance

Shares of JBSS opened at $75.56 on Tuesday. The company has a market capitalization of $883.30 million, a price-to-earnings ratio of 13.26 and a beta of 0.38. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $59.07 and a fifty-two week high of $85.15. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.30 and a quick ratio of 0.65. The business’s 50-day moving average is $78.69 and its 200-day moving average is $75.55.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.16 by $0.27. The business had revenue of $281.78 million for the quarter, compared to analysts’ expectations of $260.83 million. John B. Sanfilippo & Son had a net margin of 5.76% and a return on equity of 18.11%. Equities research analysts expect that John B. Sanfilippo & Son, Inc. will post 5.85 EPS for the current fiscal year.

John B. Sanfilippo & Son Announces Dividend

The company also recently declared a special dividend, which will be paid on Thursday, May 21st. Stockholders of record on Monday, April 27th will be given 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 currently 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.