Gamco Investors INC. ET AL Purchases 43,160 Shares of John B. Sanfilippo & Son, Inc. $JBSS

Key Points

• Gamco Investors INC. ET AL increased its stake in John B. Sanfilippo & Son by 49.2% during the first quarter, owning approximately 130,805 shares valued at $9.27 million.
• The company reported a quarterly earnings per share (EPS) of $1.15 and revenue of $269.08 million in its last financial update.
• John B. Sanfilippo & Son announced a special dividend of $0.60 per share, resulting in a substantial dividend yield of 130.0%.

Gamco Investors INC. ET AL boosted its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 49.2% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 130,805 shares of the company's stock after acquiring an additional 43,160 shares during the quarter. Gamco Investors INC. ET AL owned 1.11% of John B. Sanfilippo & Son worth $9,269,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of 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 boosted its holdings in John B. Sanfilippo & Son by 100.0% during 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 purchased a new stake in John B. Sanfilippo & Son during the 4th quarter valued at about $147,000. Central Pacific Bank Trust Division purchased a new stake in John B. Sanfilippo & Son during the 1st quarter valued at about $177,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd purchased a new stake in John B. Sanfilippo & Son during the 1st quarter valued at about $201,000. 70.64% of the stock is currently owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Trading Up 0.5%

NASDAQ JBSS traded up $0.31 on Monday, hitting $64.90. The company's stock had a trading volume of 73,306 shares, compared to its average volume of 88,435. John B. Sanfilippo & Son, Inc. has a 52-week low of $58.47 and a 52-week high of $97.47. The company has a current ratio of 2.22, a quick ratio of 0.59 and a debt-to-equity ratio of 0.04. The company's 50-day simple moving average is $65.10 and its 200 day simple moving average is $66.24. The firm has a market cap of $755.44 million, a P/E ratio of 12.90 and a beta of 0.39.

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

John B. Sanfilippo & Son Cuts Dividend

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