Teacher Retirement System of Texas Sells 7,941 Shares of John B. Sanfilippo & Son, Inc. $JBSS

Teacher Retirement System of Texas trimmed its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,086 shares of the company’s stock after selling 7,941 shares during the period. Teacher Retirement System of Texas owned about 0.68% of John B. Sanfilippo & Son worth $5,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. AQR Capital Management LLC raised its stake in John B. Sanfilippo & Son by 3.2% during the 1st quarter. AQR Capital Management LLC now owns 25,174 shares of the company’s stock valued at $1,784,000 after purchasing an additional 769 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in 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 buying an additional 234 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in John B. Sanfilippo & Son during the 1st quarter valued at approximately $243,000. Jane Street Group LLC raised its position in shares of John B. Sanfilippo & Son by 21.8% during the first quarter. Jane Street Group LLC now owns 17,253 shares of the company’s stock valued at $1,223,000 after buying an additional 3,090 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of John B. Sanfilippo & Son by 95.7% in the second quarter. GAMMA Investing LLC now owns 687 shares of the company’s stock worth $43,000 after buying an additional 336 shares in the last quarter. Institutional investors own 70.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on JBSS. BWS Financial reaffirmed a “buy” rating and set a $109.00 target price on shares of John B. Sanfilippo & Son in a research note on Monday, November 3rd. Wall Street Zen raised shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 9th. Weiss Ratings restated a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a research report on Monday, December 29th. Finally, Zacks Research cut John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, John B. Sanfilippo & Son presently has an average rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Stock Up 0.1%

NASDAQ JBSS opened at $74.41 on Wednesday. John B. Sanfilippo & Son, Inc. has a 52 week low of $58.47 and a 52 week high of $89.03. The company has a quick ratio of 0.72, a current ratio of 2.44 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average of $72.57 and a two-hundred day moving average of $67.24. The firm has a market capitalization of $866.13 million, a price-to-earnings ratio of 13.24 and a beta of 0.36.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.28 by $0.31. The company had revenue of $298.68 million for 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 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.