Los Angeles Capital Management LLC Lowers Stock Holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Los Angeles Capital Management LLC lessened its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,662 shares of the company’s stock after selling 300 shares during the quarter. Los Angeles Capital Management LLC’s holdings in John B. Sanfilippo & Son were worth $453,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. nVerses Capital LLC purchased a new stake in John B. Sanfilippo & Son during the second quarter worth about $29,000. GAMMA Investing LLC grew its holdings in John B. Sanfilippo & Son by 90.5% during the 2nd quarter. GAMMA Investing LLC now owns 579 shares of the company’s stock worth $56,000 after acquiring an additional 275 shares in the last quarter. Heritage Wealth Advisors increased its position in shares of John B. Sanfilippo & Son by 218.4% in the 1st quarter. Heritage Wealth Advisors now owns 1,592 shares of the company’s stock valued at $169,000 after purchasing an additional 1,092 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in shares of John B. Sanfilippo & Son in the 4th quarter valued at $255,000. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of John B. Sanfilippo & Son by 7.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,555 shares of the company’s stock worth $271,000 after purchasing an additional 178 shares during the last quarter. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Stock Performance

NASDAQ:JBSS opened at $92.81 on Friday. The firm has a market capitalization of $1.08 billion, a PE ratio of 16.69 and a beta of 0.10. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.34 and a quick ratio of 0.77. The business’s fifty day moving average price is $97.56 and its 200 day moving average price is $99.59. John B. Sanfilippo & Son, Inc. has a 12 month low of $89.73 and a 12 month high of $108.96.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its earnings results on Tuesday, August 20th. The company reported $0.86 earnings per share for the quarter. The business had revenue of $269.57 million for the quarter. John B. Sanfilippo & Son had a return on equity of 19.45% and a net margin of 5.65%.

John B. Sanfilippo & Son Increases Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, September 11th. Stockholders of record on Tuesday, August 20th were issued a $2.10 dividend. This is a boost from John B. Sanfilippo & Son’s previous annual dividend of $2.00. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a dividend yield of 2.09%. John B. Sanfilippo & Son’s dividend payout ratio is presently 15.29%.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.