Charles Schwab Investment Management Inc. Acquires 11,955 Shares of John B. Sanfilippo & Son, Inc. $JBSS

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in John B. Sanfilippo & Son, acquiring an additional 11,955 shares, resulting in ownership of 154,566 shares, equivalent to approximately 1.33% of the company.
• The company's recent earnings report revealed a net margin of 5.32% with earnings per share (EPS) of $1.15 for the last quarter, demonstrating solid financial performance.
• John B. Sanfilippo & Son will pay a special dividend of $0.60 per share, with a dividend yield of 130.0%, enhancing the returns for its shareholders.

Charles Schwab Investment Management Inc. boosted its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 8.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,566 shares of the company's stock after purchasing an additional 11,955 shares during the period. Charles Schwab Investment Management Inc. owned about 1.33% of John B. Sanfilippo & Son worth $10,953,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Costello Asset Management INC bought a new position in John B. Sanfilippo & Son in the first quarter valued at $34,000. Dunhill Financial LLC grew its position in shares of John B. Sanfilippo & Son by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 606 shares of the company's stock valued at $53,000 after acquiring an additional 303 shares during the period. Aquatic Capital Management LLC bought a new position in shares of John B. Sanfilippo & Son in the 4th quarter valued at about $147,000. Central Pacific Bank Trust Division bought a new position in shares of John B. Sanfilippo & Son in the 1st quarter valued at about $177,000. Finally, ProShare Advisors LLC bought a new position in shares of John B. Sanfilippo & Son in the 4th quarter valued at about $236,000. Institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS opened at $67.14 on Monday. The firm has a 50-day moving average of $64.86 and a 200-day moving average of $66.45. John B. Sanfilippo & Son, Inc. has a one year low of $58.47 and a one year high of $97.47. The company has a market cap of $789.50 million, a PE ratio of 13.35 and a beta of 0.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.22 and a quick ratio of 0.59.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The company reported $1.15 EPS for the quarter. John B. Sanfilippo & Son had a net margin of 5.32% and a return on equity of 17.54%. The company had revenue of $269.08 million during the quarter.

John B. Sanfilippo & Son Cuts Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, September 11th. Stockholders of record on Tuesday, August 19th will be given a $0.60 dividend. This represents a dividend yield of 130.0%. The ex-dividend date of this dividend is Tuesday, August 19th. John B. Sanfilippo & Son's dividend payout ratio (DPR) is 17.89%.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.

Want to see what other hedge funds are holding JBSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.