Sei Investments Co. boosted its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 19.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,034 shares of the company’s stock after buying an additional 5,117 shares during the period. Sei Investments Co. owned approximately 0.28% of John B. Sanfilippo & Son worth $1,958,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the company. Texas Permanent School Fund purchased a new stake in shares of John B. Sanfilippo & Son during the second quarter valued at approximately $400,000. Bessemer Group Inc. raised its stake in shares of John B. Sanfilippo & Son by 145.0% in the second quarter. Bessemer Group Inc. now owns 14,700 shares of the company’s stock valued at $928,000 after buying an additional 8,700 shares in the last quarter. Municipal Employees Retirement System of Michigan raised 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 in the last quarter. Finally, Public Employees Retirement Association of Colorado raised its stake in shares of John B. Sanfilippo & Son by 13.0% in the second quarter. Public Employees Retirement Association of Colorado now owns 145,753 shares of the company’s stock valued at $9,198,000 after buying an additional 16,753 shares in the last quarter. Institutional investors own 75.35% of the company’s stock.
Shares of John B. Sanfilippo & Son, Inc. (NASDAQ JBSS) opened at 63.62 on Friday. The firm’s 50-day moving average price is $64.32 and its 200 day moving average price is $65.51. The firm has a market capitalization of $722.02 million, a price-to-earnings ratio of 20.07 and a beta of 0.69. John B. Sanfilippo & Son, Inc. has a 52 week low of $46.34 and a 52 week high of $74.69.
John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its earnings results on Wednesday, August 23rd. The company reported $0.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.79 by $0.20. The company had revenue of $201.59 million during the quarter, compared to analyst estimates of $191.14 million. John B. Sanfilippo & Son had a return on equity of 15.77% and a net margin of 4.27%. John B. Sanfilippo & Son’s revenue for the quarter was down 12.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 earnings per share. On average, analysts anticipate that John B. Sanfilippo & Son, Inc. will post $3.33 EPS for the current year.
The business also recently announced an annual dividend, which was paid on Tuesday, August 15th. Investors of record on Wednesday, August 2nd were paid a $0.50 dividend. This represents a yield of 0.79%. The ex-dividend date of this dividend was Monday, July 31st. John B. Sanfilippo & Son’s payout ratio is presently 15.82%.
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John B. Sanfilippo & Son Company Profile
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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