Trexquant Investment LP Decreases Stock Holdings in John B. Sanfilippo & Son, Inc. $JBSS

Key Points

• Trexquant Investment LP significantly reduced its stake in John B. Sanfilippo & Son, Inc. by 87.4%, selling 21,867 shares and holding only 3,158 shares valued at approximately $224,000 at the end of the quarter.
• John B. Sanfilippo & Son recently announced a special dividend of $0.60 per share, with a dividend yield of 130.0%, to be paid on September 11th.
• The company's stock opened at $62.21, with a market cap of $724.12 million and a price-to-earnings ratio of 12.37, while it has seen a 52-week range between $58.47 and $97.47.

Trexquant Investment LP lowered its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 87.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,158 shares of the company's stock after selling 21,867 shares during the period. Trexquant Investment LP's holdings in John B. Sanfilippo & Son were worth $224,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Costello Asset Management INC bought a new stake in John B. Sanfilippo & Son during the first quarter worth about $34,000. Central Pacific Bank Trust Division bought a new stake in John B. Sanfilippo & Son during the first quarter worth about $177,000. ProShare Advisors LLC bought a new stake in John B. Sanfilippo & Son during the fourth quarter worth about $236,000. IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new stake in John B. Sanfilippo & Son during the first quarter worth about $201,000. Finally, Point72 Asset Management L.P. lifted its stake in shares of John B. Sanfilippo & Son by 19.6% in the fourth quarter. Point72 Asset Management L.P. now owns 3,093 shares of the company's stock worth $269,000 after buying an additional 507 shares in the last quarter. Institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Stock Up 2.4%

Shares of NASDAQ JBSS traded up $1.49 during midday trading on Tuesday, hitting $64.80. The stock had a trading volume of 59,404 shares, compared to its average volume of 71,124. The business's 50 day moving average is $64.83 and its 200-day moving average is $65.58. The company has a market cap of $754.27 million, a P/E ratio of 12.88 and a beta of 0.39. 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 quick ratio of 0.59, a current ratio of 2.22 and a debt-to-equity ratio of 0.04.

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

John B. Sanfilippo & Son Cuts Dividend

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