American Century Companies Inc. Has $7.09 Million Stock Holdings in John B. Sanfilippo & Son, Inc. $JBSS

Key Points

• American Century Companies Inc. has reduced its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 7.2%, now holding 100,058 shares valued at approximately $7.09 million.
• The company recently declared a special dividend of $0.60 per share, indicating a high dividend yield of 130.0% and a payout ratio of 17.89%.
• John B. Sanfilippo & Son's stock has experienced a 2.0% increase recently, with prices ranging between a twelve-month low of $58.47 and a high of $97.47.

American Century Companies Inc. reduced its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 7.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 100,058 shares of the company's stock after selling 7,735 shares during the quarter. American Century Companies Inc. owned approximately 0.85% of John B. Sanfilippo & Son worth $7,090,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in John B. Sanfilippo & Son by 3.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,102 shares of the company's stock worth $444,000 after purchasing an additional 182 shares during the period. Dunhill Financial LLC lifted its holdings in shares of John B. Sanfilippo & Son by 100.0% during the fourth 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. Costello Asset Management INC bought a new position in shares of John B. Sanfilippo & Son during the first quarter valued at $34,000. Point72 Asset Management L.P. lifted its holdings in shares of John B. Sanfilippo & Son by 19.6% during the fourth quarter. Point72 Asset Management L.P. now owns 3,093 shares of the company's stock valued at $269,000 after acquiring an additional 507 shares during the period. Finally, Man Group plc lifted its holdings in shares of John B. Sanfilippo & Son by 18.4% during the fourth quarter. Man Group plc now owns 3,717 shares of the company's stock valued at $324,000 after acquiring an additional 577 shares during the period. 70.64% of the stock is owned by institutional investors.

John B. Sanfilippo & Son Price Performance

Shares of NASDAQ JBSS traded down $0.71 during midday trading on Tuesday, reaching $64.19. 76,760 shares of the company traded hands, compared to its average volume of 85,240. The firm has a market cap of $747.17 million, a PE ratio of 12.76 and a beta of 0.39. The stock's 50-day simple moving average is $65.09 and its 200-day simple moving average is $66.18. John B. Sanfilippo & Son, Inc. has a 12 month low of $58.47 and a 12 month high of $97.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.59 and a current ratio of 2.22.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The company reported $1.15 earnings per share (EPS) for the quarter. The company had revenue of $269.08 million during 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 business 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 dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a dividend yield of 130.0%. John B. Sanfilippo & Son's dividend payout ratio (DPR) is presently 17.89%.

John B. Sanfilippo & Son 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.