Trexquant Investment LP Lowers Position 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 reduced its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 87.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,158 shares of the company's stock after selling 21,867 shares during the quarter. 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 and other institutional investors have also recently bought and sold shares of the company. Hotchkis & Wiley Capital Management LLC bought a new position in shares of John B. Sanfilippo & Son in the 1st quarter valued at $8,985,000. Vanguard Group Inc. boosted its stake in shares of John B. Sanfilippo & Son by 11.3% during the first quarter. Vanguard Group Inc. now owns 785,730 shares of the company's stock valued at $55,677,000 after purchasing an additional 79,763 shares in the last quarter. Two Sigma Investments LP lifted its holdings in shares of John B. Sanfilippo & Son by 148.9% during the fourth quarter. Two Sigma Investments LP now owns 89,773 shares of the company's stock worth $7,820,000 after purchasing an additional 53,702 shares during the period. Gamco Investors INC. ET AL grew its position in shares of John B. Sanfilippo & Son by 49.2% in the 1st quarter. Gamco Investors INC. ET AL now owns 130,805 shares of the company's stock valued at $9,269,000 after buying an additional 43,160 shares during the last quarter. Finally, Deutsche Bank AG increased its stake in shares of John B. Sanfilippo & Son by 42.8% in the fourth quarter. Deutsche Bank AG now owns 110,265 shares of the company's stock valued at $9,605,000 after buying an additional 33,061 shares during the period. Institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Trading Down 1.0%

JBSS stock traded down $0.62 during midday trading on Friday, hitting $63.33. The stock had a trading volume of 53,565 shares, compared to its average volume of 74,403. 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 firm has a market cap of $737.16 million, a P/E ratio of 12.59 and a beta of 0.39. The business has a fifty day moving average price of $64.90 and a two-hundred day moving average price of $65.67. 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 announced 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 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 firm also recently declared a special dividend, which was paid on Thursday, September 11th. Investors of record on Tuesday, August 19th were given a dividend of $0.60 per share. This represents a dividend yield of 130.0%. The ex-dividend date of this dividend was Tuesday, August 19th. 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.