State Board of Administration of Florida Retirement System Invests $204,000 in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

State Board of Administration of Florida Retirement System bought a new position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSSGet Rating) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,810 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors have also recently made changes to their positions in JBSS. Captrust Financial Advisors lifted its holdings in John B. Sanfilippo & Son by 301.9% during the 1st quarter. Captrust Financial Advisors now owns 426 shares of the company’s stock valued at $36,000 after buying an additional 320 shares in the last quarter. Charter Oak Capital Management LLC bought a new stake in shares of John B. Sanfilippo & Son in the 2nd quarter valued at about $33,000. Signaturefd LLC raised its holdings in shares of John B. Sanfilippo & Son by 190.1% in the 1st quarter. Signaturefd LLC now owns 673 shares of the company’s stock valued at $56,000 after purchasing an additional 441 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of John B. Sanfilippo & Son by 244.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,307 shares of the company’s stock valued at $108,000 after purchasing an additional 928 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of John B. Sanfilippo & Son in the 1st quarter valued at about $117,000. Institutional investors own 71.13% of the company’s stock.

John B. Sanfilippo & Son Trading Up 2.2 %

NASDAQ:JBSS opened at $86.49 on Tuesday. John B. Sanfilippo & Son, Inc. has a one year low of $67.02 and a one year high of $92.10. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 2.18. The firm has a market cap of $996.97 million, a P/E ratio of 17.30 and a beta of 0.33. The firm has a 50-day simple moving average of $79.33 and a 200-day simple moving average of $75.93.

John B. Sanfilippo & Son (NASDAQ:JBSSGet Rating) last posted its quarterly earnings results on Wednesday, August 24th. The company reported $1.50 EPS for the quarter. John B. Sanfilippo & Son had a net margin of 5.91% and a return on equity of 22.24%. The business had revenue of $257.75 million during the quarter.

John B. Sanfilippo & Son Cuts Dividend

The company also recently disclosed a None dividend, which will be paid on Wednesday, December 21st. Stockholders of record on Friday, December 2nd will be given a $1.00 dividend. The ex-dividend date is Thursday, December 1st. John B. Sanfilippo & Son’s payout ratio is currently 15.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 6th.

John B. Sanfilippo & Son Company Profile

(Get Rating)

John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.

Read More

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Institutional Ownership by Quarter for John B. Sanfilippo & Son (NASDAQ:JBSS)

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