Vestcor Inc Sells 34,334 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Vestcor Inc lessened its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS - Free Report) by 69.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,069 shares of the company's stock after selling 34,334 shares during the quarter. Vestcor Inc owned approximately 0.13% of John B. Sanfilippo & Son worth $1,068,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of John B. Sanfilippo & Son during the 4th quarter valued at approximately $5,943,000. Two Sigma Investments LP lifted its stake in John B. Sanfilippo & Son by 148.9% in the fourth quarter. Two Sigma Investments LP now owns 89,773 shares of the company's stock valued at $7,820,000 after purchasing an additional 53,702 shares during the last quarter. Deutsche Bank AG lifted its stake in 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 purchasing an additional 33,061 shares during the last quarter. Dean Investment Associates LLC bought a new position in John B. Sanfilippo & Son during the fourth quarter valued at $2,851,000. Finally, Norges Bank purchased a new stake in John B. Sanfilippo & Son in the fourth quarter worth $2,814,000. Institutional investors own 70.64% of the company's stock.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS opened at $63.42 on Friday. John B. Sanfilippo & Son, Inc. has a 1 year low of $58.47 and a 1 year high of $104.54. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.01 and a quick ratio of 0.53. The stock's fifty day moving average price is $64.56 and its two-hundred day moving average price is $68.68. The firm has a market cap of $745.82 million, a PE ratio of 13.38 and a beta of 0.35.

John B. Sanfilippo & Son (NASDAQ:JBSS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $1.72 earnings per share (EPS) for the quarter. The business had revenue of $260.91 million for the quarter. John B. Sanfilippo & Son had a return on equity of 16.98% and a net margin of 5.00%.

John B. Sanfilippo & Son Cuts Dividend

The firm also recently disclosed a special dividend, which will be paid on Thursday, September 11th. Investors of record on Tuesday, August 19th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a yield of 130.0%. John B. Sanfilippo & Son's dividend payout ratio (DPR) is 17.93%.

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.

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