8,000 Shares in John B. Sanfilippo & Son, Inc. $JBSS Purchased by Viking Fund Management LLC

Viking Fund Management LLC bought a new stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,000 shares of the company’s stock, valued at approximately $532,000. Viking Fund Management LLC owned approximately 0.07% of John B. Sanfilippo & Son at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Engineers Gate Manager LP acquired a new stake in John B. Sanfilippo & Son during the second quarter worth $254,000. Integrated Wealth Concepts LLC acquired a new position in shares of John B. Sanfilippo & Son in the 2nd quarter valued at $52,000. Arizona State Retirement System acquired a new position in shares of John B. Sanfilippo & Son in the 2nd quarter valued at $210,000. Corient Private Wealth LP acquired a new position in shares of John B. Sanfilippo & Son in the 2nd quarter valued at $1,088,000. Finally, Headlands Technologies LLC bought a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth about $916,000. 70.64% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Zacks Research lowered shares of John B. Sanfilippo & Son from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 1st. Freedom Capital raised shares of John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. BWS Financial reissued a “buy” rating and issued a $109.00 price target on shares of John B. Sanfilippo & Son in a research report on Wednesday, September 30th. Weiss Ratings reissued a “hold (c)” rating on shares of John B. Sanfilippo & Son in a research report on Tuesday, September 8th. Finally, Wall Street Zen cut shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.

John B. Sanfilippo & Son Stock Performance

Shares of NASDAQ:JBSS opened at $66.74 on Thursday. The business’s fifty day moving average price is $72.78 and its two-hundred day moving average price is $77.86. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $59.07 and a fifty-two week high of $92.08. The stock has a market capitalization of $780.19 million, a price-to-earnings ratio of 12.64 and a beta of 0.32. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.08 and a quick ratio of 0.62.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.17 by ($0.46). The company had revenue of $280.43 million for the quarter, compared to analyst estimates of $274.87 million. John B. Sanfilippo & Son had a return on equity of 16.51% and a net margin of 5.27%. As a group, analysts predict that John B. Sanfilippo & Son, Inc. will post 5.56 EPS for the current fiscal year.

John B. Sanfilippo & Son Profile

John B. Sanfilippo & Son, Inc is a food company that processes, packages, markets and distributes tree nuts, peanuts and related snack products. Its offerings include roasted and salted nuts, trail mixes, nut-based snacks, baking ingredients and other packaged foods sold through retail, food-service and industrial channels.

The company markets products under brands including Fisher, Orchard Valley Harvest, Sunshine Country and Squirrel Brand, while also producing private-label products for retailers and food manufacturers.