Dean Capital Management Raises Stock Holdings in John B. Sanfilippo & Son, Inc. $JBSS

Key Points

• Dean Capital Management increased its stake in John B. Sanfilippo & Son by 21.4% during the first quarter, acquiring an additional 4,725 shares, bringing its total holdings to approximately 26,786 shares worth $1.898 million.
• Several other hedge funds also boosted their positions in the company, with D.E. Shaw & Co. increasing its stake by an impressive 414.6% in the fourth quarter.
• John B. Sanfilippo & Son recently announced a special dividend of $0.60 per share, which has a yield of 130.0%, scheduled to be paid on September 11th.

Dean Capital Management increased its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 21.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,786 shares of the company's stock after acquiring an additional 4,725 shares during the period. Dean Capital Management owned approximately 0.23% of John B. Sanfilippo & Son worth $1,898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in John B. Sanfilippo & Son by 11.3% during the first quarter. Vanguard Group Inc. now owns 785,730 shares of the company's stock worth $55,677,000 after acquiring an additional 79,763 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in John B. Sanfilippo & Son by 8.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 154,566 shares of the company's stock worth $10,953,000 after acquiring an additional 11,955 shares during the period. Gamco Investors INC. ET AL grew its holdings in John B. Sanfilippo & Son by 49.2% during the first quarter. Gamco Investors INC. ET AL now owns 130,805 shares of the company's stock worth $9,269,000 after acquiring an additional 43,160 shares during the period. Deutsche Bank AG grew its holdings in John B. Sanfilippo & Son by 15.3% during the first quarter. Deutsche Bank AG now owns 127,140 shares of the company's stock worth $9,009,000 after acquiring an additional 16,875 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in John B. Sanfilippo & Son during the first quarter worth $8,985,000. Institutional investors and hedge funds own 70.64% of the company's stock.

John B. Sanfilippo & Son Price Performance

JBSS traded down $0.62 during trading on Friday, reaching $63.33. 53,565 shares of the stock were exchanged, compared to its average volume of 71,801. The business's 50 day moving average price is $64.90 and its two-hundred day moving average price is $65.64. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.22 and a quick ratio of 0.59. The company has a market capitalization of $737.16 million, a price-to-earnings ratio of 12.59 and a beta of 0.39. John B. Sanfilippo & Son, Inc. has a 1 year low of $58.47 and a 1 year high of $97.47.

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

John B. Sanfilippo & Son Cuts Dividend

The company also recently announced a special dividend, which was paid on Thursday, September 11th. Shareholders of record on Tuesday, August 19th were given a dividend of $0.60 per share. This represents a yield of 130.0%. The ex-dividend date was Tuesday, August 19th. John B. Sanfilippo & Son's payout ratio is presently 17.89%.

About John B. Sanfilippo & Son

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.