Squarepoint Ops LLC Purchases Shares of 8,095 John B. Sanfilippo & Son, Inc. $JBSS

Squarepoint Ops LLC acquired a new stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the second quarter, Holdings Channel.com reports. The fund acquired 8,095 shares of the company’s stock, valued at approximately $512,000.

Other hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its position in shares of 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 worth $26,000 after purchasing an additional 384 shares during the period. GAMMA Investing LLC boosted its position in shares of John B. Sanfilippo & Son by 95.7% in the 2nd quarter. GAMMA Investing LLC now owns 687 shares of the company’s stock valued at $43,000 after purchasing an additional 336 shares during the period. Signaturefd LLC increased its stake in John B. Sanfilippo & Son by 295.3% in the 2nd quarter. Signaturefd LLC now owns 680 shares of the company’s stock worth $43,000 after purchasing an additional 508 shares in the last quarter. State of Wyoming acquired a new stake in John B. Sanfilippo & Son during the 1st quarter worth about $55,000. Finally, Tower Research Capital LLC TRC lifted its stake in John B. Sanfilippo & Son by 225.6% during the second quarter. Tower Research Capital LLC TRC now owns 915 shares of the company’s stock valued at $58,000 after buying an additional 634 shares in the last quarter. 70.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on JBSS. Zacks Research raised shares of John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 21st. Wall Street Zen raised shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 9th. Weiss Ratings restated a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a report on Monday. Finally, BWS Financial reaffirmed a “buy” rating and issued a $109.00 target price on shares of John B. Sanfilippo & Son in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $109.00.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS opened at $72.26 on Thursday. The company has a market capitalization of $841.11 million, a PE ratio of 12.86 and a beta of 0.37. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.72 and a current ratio of 2.44. The company’s 50 day moving average price is $68.95 and its 200 day moving average price is $65.92. John B. Sanfilippo & Son, Inc. has a 52 week low of $58.47 and a 52 week high of $91.26.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Wednesday, October 29th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.31. The company had revenue of $298.68 million during the quarter, compared to the consensus estimate of $273.93 million. John B. Sanfilippo & Son had a net margin of 5.84% and a return on equity of 18.92%.

John B. Sanfilippo & Son Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 1st will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, December 1st. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is presently 16.01%.

John B. Sanfilippo & Son Company 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.