Swiss National Bank Lowers Stock Holdings in John B. Sanfilippo & Son, Inc. $JBSS

Swiss National Bank lowered its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 1.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,476 shares of the company’s stock after selling 200 shares during the quarter. Swiss National Bank owned approximately 0.15% of John B. Sanfilippo & Son worth $1,238,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Costello Asset Management INC acquired a new position in shares of John B. Sanfilippo & Son during the first quarter valued at approximately $34,000. Dunhill Financial LLC raised its holdings in shares of John B. Sanfilippo & Son by 100.0% during the fourth quarter. Dunhill Financial LLC now owns 606 shares of the company’s stock valued at $53,000 after acquiring an additional 303 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of John B. Sanfilippo & Son during the fourth quarter valued at approximately $147,000. Central Pacific Bank Trust Division acquired a new position in shares of John B. Sanfilippo & Son during the first quarter valued at approximately $177,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd acquired a new stake in shares of John B. Sanfilippo & Son in the first quarter valued at approximately $201,000. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Price Performance

NASDAQ:JBSS opened at $66.05 on Tuesday. John B. Sanfilippo & Son, Inc. has a one year low of $58.47 and a one year high of $97.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.59 and a current ratio of 2.22. The stock has a market cap of $776.75 million, a PE ratio of 13.13 and a beta of 0.35. The stock has a 50 day moving average price of $64.93 and a 200 day moving average price of $66.43.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings results on Wednesday, August 20th. The company reported $1.15 EPS for the quarter. John B. Sanfilippo & Son had a return on equity of 17.54% and a net margin of 5.32%.The firm had revenue of $269.08 million during the quarter.

John B. Sanfilippo & Son Cuts Dividend

The firm also recently announced a special dividend, which will be paid on Thursday, September 11th. Shareholders of record on Tuesday, August 19th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a yield of 130.0%. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is 17.89%.

About John B. Sanfilippo & Son

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.