Quest Partners LLC Invests $68,000 in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Quest Partners LLC bought a new position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 703 shares of the company’s stock, valued at approximately $68,000.

Several other hedge funds also recently added to or reduced their stakes in JBSS. nVerses Capital LLC purchased a new stake in shares of John B. Sanfilippo & Son during the second quarter worth about $29,000. GAMMA Investing LLC grew its position 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 purchasing an additional 275 shares during the last quarter. Heritage Wealth Advisors grew its position in John B. Sanfilippo & Son by 218.4% during the 1st quarter. Heritage Wealth Advisors now owns 1,592 shares of the company’s stock worth $169,000 after purchasing an additional 1,092 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new position in John B. Sanfilippo & Son during the 4th quarter valued at approximately $255,000. Finally, SG Americas Securities LLC purchased a new position in shares of John B. Sanfilippo & Son in the second quarter worth $258,000. 70.64% of the stock is owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Price Performance

Shares of JBSS opened at $92.55 on Wednesday. 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 company’s fifty day moving average price is $97.57 and its 200-day moving average price is $99.44. John B. Sanfilippo & Son, Inc. has a 1-year low of $89.73 and a 1-year high of $108.96. The firm has a market capitalization of $1.07 billion, a PE ratio of 16.65 and a beta of 0.10.

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

John B. Sanfilippo & Son Increases Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, September 11th. Shareholders of record on Tuesday, August 20th were given a dividend of $2.10 per share. The ex-dividend date of this dividend was Tuesday, August 20th. This is a positive change from John B. Sanfilippo & Son’s previous annual dividend of $2.00. This represents a yield of 2.09%. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is currently 15.29%.

John B. Sanfilippo & Son Company Profile

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.