Bessemer Group Inc. raised its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 145.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 14,700 shares of the company’s stock after buying an additional 8,700 shares during the period. Bessemer Group Inc.’s holdings in John B. Sanfilippo & Son were worth $928,000 as of its most recent filing with the SEC.
Separately, Municipal Employees Retirement System of Michigan boosted its stake in shares of John B. Sanfilippo & Son by 29.7% in the second quarter. Municipal Employees Retirement System of Michigan now owns 19,430 shares of the company’s stock valued at $1,225,000 after buying an additional 4,450 shares during the last quarter. 75.35% of the stock is currently owned by institutional investors and hedge funds.
Shares of John B. Sanfilippo & Son, Inc. (JBSS) opened at 63.83 on Wednesday. John B. Sanfilippo & Son, Inc. has a 52 week low of $43.74 and a 52 week high of $74.69. The firm’s 50-day moving average is $64.22 and its 200 day moving average is $65.60. The firm has a market capitalization of $720.07 million, a PE ratio of 19.82 and a beta of 0.69.
The firm also recently announced an annual dividend, which was paid on Tuesday, August 15th. Stockholders of record on Wednesday, August 2nd were given a dividend of $0.50 per share. The ex-dividend date was Monday, July 31st. This represents a dividend yield of 0.79%. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is presently 15.58%.
About John B. Sanfilippo & Son
John B. Sanfilippo & Son, Inc is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts. The Company offers nuts under a range of private brands and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly and Sunshine Country brand names. The Company also markets and distributes a diverse product line of food and snack products, including snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit, and chocolate and yogurt coated products under private brands and brand names.
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