Deutsche Bank AG Acquires 16,875 Shares of John B. Sanfilippo & Son, Inc. $JBSS

Key Points

• Deutsche Bank AG increased its stake in John B. Sanfilippo & Son by 15.3%, acquiring an additional 16,875 shares, bringing its total ownership to approximately 127,140 shares valued at about $9 million.
• The company recently announced a special dividend of $0.60 per share, set to yield 130.0% with the ex-dividend date on August 19th.
• As of the latest reporting period, institutional investors hold 70.64% of John B. Sanfilippo & Son's stock, indicating strong institutional interest in the company.

Deutsche Bank AG raised its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 15.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 127,140 shares of the company's stock after buying an additional 16,875 shares during the quarter. Deutsche Bank AG owned about 1.09% of John B. Sanfilippo & Son worth $9,009,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Costello Asset Management INC purchased a new position in shares of John B. Sanfilippo & Son in the 1st quarter worth about $34,000. Dunhill Financial LLC raised 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 worth $53,000 after purchasing an additional 303 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in shares of John B. Sanfilippo & Son in the 4th quarter worth about $147,000. Central Pacific Bank Trust Division purchased a new position in shares of John B. Sanfilippo & Son in the 1st quarter worth about $177,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd purchased a new position in shares of John B. Sanfilippo & Son in the 1st quarter worth about $201,000. Hedge funds and other institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Stock Down 0.8%

Shares of JBSS traded down $0.53 during trading hours on Wednesday, hitting $62.72. The company had a trading volume of 106,121 shares, compared to its average volume of 78,452. The firm has a fifty day moving average price of $64.76 and a 200-day moving average price of $66.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.53 and a current ratio of 2.01. The stock has a market capitalization of $737.59 million, a price-to-earnings ratio of 13.23 and a beta of 0.35. John B. Sanfilippo & Son, Inc. has a 52-week low of $58.47 and a 52-week high of $100.87.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The company reported $1.15 earnings per share (EPS) for the quarter. John B. Sanfilippo & Son had a return on equity of 16.98% and a net margin of 5.00%.

John B. Sanfilippo & Son Cuts Dividend

The business also recently declared 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 payout ratio is currently 18.99%.

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.