Public Sector Pension Investment Board Boosts Holdings in John B. Sanfilippo & Son, Inc. $JBSS

Key Points

• The Public Sector Pension Investment Board increased its holdings in John B. Sanfilippo & Son, Inc. by 28.1%, owning 28,689 shares valued at approximately $2 million as of its latest SEC filing.
• Multiple institutional investors, including Vanguard Group and Deutsche Bank, also grew their positions during the same period, highlighting significant interest in the company.
• John B. Sanfilippo & Son recently declared a special dividend of $0.60 per share, resulting in a substantial dividend yield of 130.0%.

Public Sector Pension Investment Board lifted its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 28.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,689 shares of the company's stock after acquiring an additional 6,288 shares during the period. Public Sector Pension Investment Board owned approximately 0.24% of John B. Sanfilippo & Son worth $2,033,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in JBSS. Wells Fargo & Company MN increased its position in shares of John B. Sanfilippo & Son by 8.4% during the fourth quarter. Wells Fargo & Company MN now owns 16,205 shares of the company's stock valued at $1,412,000 after acquiring an additional 1,258 shares in the last quarter. Legal & General Group Plc raised its stake in John B. Sanfilippo & Son by 0.6% during the 4th quarter. Legal & General Group Plc now owns 25,785 shares of the company's stock valued at $2,246,000 after buying an additional 151 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in John B. Sanfilippo & Son during the 4th quarter valued at $5,943,000. Barclays PLC raised its stake in John B. Sanfilippo & Son by 4.0% during the 4th quarter. Barclays PLC now owns 19,218 shares of the company's stock valued at $1,676,000 after buying an additional 747 shares during the last quarter. Finally, Mariner LLC purchased a new stake in John B. Sanfilippo & Son during the 4th quarter valued at $258,000. Institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Stock Performance

JBSS traded down $1.72 during mid-day trading on Tuesday, reaching $64.33. 84,840 shares of the company traded hands, compared to its average volume of 86,594. The stock has a market capitalization of $756.52 million, a P/E ratio of 12.79 and a beta of 0.35. The company has a quick ratio of 0.59, a current ratio of 2.22 and a debt-to-equity ratio of 0.04. The company's fifty day moving average price is $64.97 and its 200-day moving average price is $66.41. John B. Sanfilippo & Son, Inc. has a 52-week low of $58.47 and a 52-week high of $97.47.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last announced its earnings results on Wednesday, August 20th. The company reported $1.15 earnings per share for the quarter. The business had revenue of $269.08 million during 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 business also recently announced a special dividend, which will be paid on Thursday, September 11th. Shareholders of record on Tuesday, August 19th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, August 19th. This represents a yield of 130.0%. John B. Sanfilippo & Son's 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.