Principal Financial Group Inc. Has $3.20 Million Stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Principal Financial Group Inc. boosted its stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 2.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,136 shares of the company’s stock after purchasing an additional 1,195 shares during the period. Principal Financial Group Inc. owned about 0.39% of John B. Sanfilippo & Son worth $3,198,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of JBSS. Charles Schwab Investment Management Inc. lifted its position in shares of John B. Sanfilippo & Son by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 142,611 shares of the company’s stock worth $12,423,000 after buying an additional 7,238 shares in the last quarter. Victory Capital Management Inc. grew its stake in John B. Sanfilippo & Son by 28.6% in the 4th quarter. Victory Capital Management Inc. now owns 5,295 shares of the company’s stock valued at $461,000 after buying an additional 1,177 shares in the last quarter. Raymond James Financial Inc. purchased a new position in John B. Sanfilippo & Son in the 4th quarter valued at approximately $5,943,000. Teacher Retirement System of Texas grew its position in shares of John B. Sanfilippo & Son by 35.2% during the 4th quarter. Teacher Retirement System of Texas now owns 88,869 shares of the company’s stock valued at $7,741,000 after purchasing an additional 23,118 shares in the last quarter. Finally, Magnetar Financial LLC purchased a new position in shares of John B. Sanfilippo & Son during the 4th quarter valued at $266,000. 70.64% of the stock is currently owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Stock Up 2.3%

Shares of NASDAQ:JBSS opened at $67.73 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.53 and a current ratio of 2.01. The firm has a market capitalization of $796.50 million, a PE ratio of 14.29 and a beta of 0.35. The firm has a fifty day moving average of $63.55 and a 200 day moving average of $70.23. John B. Sanfilippo & Son, Inc. has a 52-week low of $58.47 and a 52-week high of $105.63.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings results on Wednesday, April 30th. The company reported $1.72 earnings per share (EPS) for the quarter. John B. Sanfilippo & Son had a net margin of 5.00% and a return on equity of 16.98%. The company had revenue of $260.91 million during the quarter.

John B. Sanfilippo & Son Cuts Dividend

The company also recently announced a special dividend, which will be paid on Thursday, September 11th. Investors of record on Tuesday, August 19th will be paid a dividend of $0.60 per share. This represents a dividend yield of 1.3%. The ex-dividend date is Tuesday, August 19th. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is 17.93%.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.