Lazard Asset Management LLC Acquires 608 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Lazard Asset Management LLC grew its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSSGet Rating) by 53.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,747 shares of the company’s stock after acquiring an additional 608 shares during the period. Lazard Asset Management LLC’s holdings in John B. Sanfilippo & Son were worth $126,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC bought a new position in John B. Sanfilippo & Son in the first quarter worth approximately $117,000. Hightower 6M Holding LLC bought a new position in John B. Sanfilippo & Son in the first quarter worth approximately $433,000. Royce & Associates LP raised its position in John B. Sanfilippo & Son by 1.1% in the first quarter. Royce & Associates LP now owns 508,477 shares of the company’s stock worth $42,427,000 after acquiring an additional 5,535 shares during the period. Monarch Partners Asset Management LLC bought a new position in John B. Sanfilippo & Son in the second quarter worth approximately $2,472,000. Finally, State of New Jersey Common Pension Fund D raised its position in John B. Sanfilippo & Son by 19.9% in the first quarter. State of New Jersey Common Pension Fund D now owns 31,725 shares of the company’s stock worth $2,647,000 after acquiring an additional 5,270 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

John B. Sanfilippo & Son Stock Performance

Shares of NASDAQ JBSS opened at $86.96 on Wednesday. The firm has a fifty day moving average price of $79.53 and a 200-day moving average price of $76.02. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.18 and a quick ratio of 0.66. The stock has a market cap of $1.00 billion, a PE ratio of 17.39 and a beta of 0.33. John B. Sanfilippo & Son, Inc. has a 1 year low of $67.02 and a 1 year high of $92.10.

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

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 paid a $1.00 dividend. The ex-dividend date of this dividend is Thursday, December 1st. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is presently 15.00%.

John B. Sanfilippo & Son 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.

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

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