Inspire Investing LLC Has $2.19 Million Stock Position in John B. Sanfilippo & Son, Inc. $JBSS

Inspire Investing LLC boosted its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 316.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,589 shares of the company’s stock after purchasing an additional 20,958 shares during the quarter. Inspire Investing LLC’s holdings in John B. Sanfilippo & Son were worth $2,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its stake in shares of John B. Sanfilippo & Son by 3.2% in 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. increased its holdings in John B. Sanfilippo & Son by 4.6% in the first 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. Dynamic Technology Lab Private Ltd bought a new stake in John B. Sanfilippo & Son in the first quarter valued at about $243,000. Jane Street Group LLC lifted its stake in John B. Sanfilippo & Son by 21.8% in 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 period. Finally, Quantbot Technologies LP boosted its holdings in John B. Sanfilippo & Son by 86.7% during the second quarter. Quantbot Technologies LP now owns 6,875 shares of the company’s stock worth $435,000 after buying an additional 3,192 shares during the last quarter. 70.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on JBSS shares. Weiss Ratings upgraded John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Wall Street Zen lowered shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 23rd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Stock Performance

JBSS stock opened at $85.99 on Wednesday. The business’s 50-day moving average price is $78.30 and its two-hundred day moving average price is $77.49. The company has a current ratio of 2.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.10. The firm has a market cap of $1.01 billion, a PE ratio of 15.09 and a beta of 0.34. John B. Sanfilippo & Son, Inc. has a 1-year low of $59.07 and a 1-year high of $88.66.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.27. The company had revenue of $281.78 million during the quarter, compared to the consensus estimate of $260.82 million. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%. As a group, research analysts forecast that John B. Sanfilippo & Son, Inc. will post 5.85 earnings per share for the current year.

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.