SG Americas Securities LLC Trims Stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

SG Americas Securities LLC reduced its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Get Rating) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,287 shares of the company’s stock after selling 505 shares during the quarter. SG Americas Securities LLC owned 0.07% of John B. Sanfilippo & Son worth $628,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Charter Oak Capital Management LLC purchased a new stake in shares of John B. Sanfilippo & Son in the second quarter valued at approximately $33,000. Captrust Financial Advisors increased its position in shares of John B. Sanfilippo & Son by 301.9% in the first 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. Selective Wealth Management Inc. increased its position in shares of John B. Sanfilippo & Son by 150.0% in the third quarter. Selective Wealth Management Inc. now owns 500 shares of the company’s stock valued at $38,000 after buying an additional 300 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of John B. Sanfilippo & Son by 244.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,307 shares of the company’s stock valued at $108,000 after buying an additional 928 shares in the last quarter. Finally, Mutual of America Capital Management LLC increased its position in shares of John B. Sanfilippo & Son by 16.6% in the second quarter. Mutual of America Capital Management LLC now owns 1,499 shares of the company’s stock valued at $109,000 after buying an additional 213 shares in the last quarter. 69.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

John B. Sanfilippo & Son Stock Down 0.3 %

Shares of JBSS opened at $78.69 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 2.18. John B. Sanfilippo & Son, Inc. has a one year low of $67.02 and a one year high of $87.66. The stock has a market capitalization of $907.06 million, a price-to-earnings ratio of 15.74 and a beta of 0.33. The stock has a 50 day moving average price of $82.75 and a 200 day moving average price of $79.07.

John B. Sanfilippo & Son (NASDAQ:JBSS – Get Rating) last issued its quarterly earnings results on Tuesday, November 1st. The company reported $1.34 EPS for the quarter. John B. Sanfilippo & Son had a return on equity of 22.24% and a net margin of 5.91%. The firm had revenue of $252.60 million during the quarter.

John B. Sanfilippo & Son Cuts Dividend

The company also recently declared a None dividend, which was paid on Wednesday, December 21st. Investors of record on Friday, December 2nd were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, December 1st. John B. Sanfilippo & Son’s payout ratio is 15.00%.

Insider Buying and Selling

In related news, Director James J. Sanfilippo sold 2,689 shares of the business’s stock in a transaction that occurred on Tuesday, December 20th. The stock was sold at an average price of $81.27, for a total transaction of $218,535.03. Following the completion of the sale, the director now directly owns 1,070 shares in the company, valued at $86,958.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other John B. Sanfilippo & Son news, CEO Jeffrey T. Sanfilippo sold 6,199 shares of the business’s stock in a transaction on Tuesday, December 20th. The stock was sold at an average price of $82.25, for a total transaction of $509,867.75. Following the transaction, the chief executive officer now owns 17,582 shares of the company’s stock, valued at $1,446,119.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James J. Sanfilippo sold 2,689 shares of the business’s stock in a transaction on Tuesday, December 20th. The stock was sold at an average price of $81.27, for a total value of $218,535.03. Following the transaction, the director now directly owns 1,070 shares in the company, valued at approximately $86,958.90. The disclosure for this sale can be found here. 23.49% of the stock is owned by company insiders.

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.