Janus Henderson Group PLC Has $8.13 Million Stock Holdings in John B. Sanfilippo & Son, Inc. $JBSS

Janus Henderson Group PLC trimmed its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 7.9% in the first quarter, Holdings Channel.com reports. The fund owned 102,543 shares of the company’s stock after selling 8,762 shares during the quarter. Janus Henderson Group PLC’s holdings in John B. Sanfilippo & Son were worth $8,135,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Amundi bought a new stake in John B. Sanfilippo & Son in the first quarter valued at about $293,000. Empowered Funds LLC bought a new position in John B. Sanfilippo & Son during the first quarter worth about $205,000. Quantinno Capital Management LP boosted its holdings in John B. Sanfilippo & Son by 37.1% during the first quarter. Quantinno Capital Management LP now owns 18,913 shares of the company’s stock valued at $1,500,000 after purchasing an additional 5,121 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in John B. Sanfilippo & Son by 65.8% during the first quarter. Lazard Asset Management LLC now owns 45,720 shares of the company’s stock valued at $3,627,000 after purchasing an additional 18,142 shares in the last quarter. Finally, Dean Capital Management grew its stake in shares of John B. Sanfilippo & Son by 13.8% in the 1st quarter. Dean Capital Management now owns 54,044 shares of the company’s stock valued at $4,287,000 after purchasing an additional 6,566 shares during the period. 70.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on JBSS. Wall Street Zen raised John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Weiss Ratings raised John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Finally, Freedom Capital upgraded John B. Sanfilippo & Son to a “hold” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $109.00.

John B. Sanfilippo & Son Stock Up 1.0%

Shares of JBSS opened at $85.18 on Thursday. The company has a market capitalization of $995.75 million, a P/E ratio of 14.94 and a beta of 0.32. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.30 and a quick ratio of 0.65. John B. Sanfilippo & Son, Inc. has a one year low of $59.07 and a one year high of $92.08. The business’s 50 day simple moving average is $81.86 and its 200-day simple moving average is $79.70.

John B. Sanfilippo & Son Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 17th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Monday, August 17th. John B. Sanfilippo & Son’s payout ratio is currently 15.79%.

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.