Russell Investments Group Ltd. Boosts Holdings in John B. Sanfilippo & Son, Inc. $JBSS

Russell Investments Group Ltd. boosted its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 15.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 9,132 shares of the company’s stock after purchasing an additional 1,224 shares during the quarter. Russell Investments Group Ltd. owned about 0.08% of John B. Sanfilippo & Son worth $647,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. HighTower Advisors LLC lifted its stake in shares of John B. Sanfilippo & Son by 16.3% in the first quarter. HighTower Advisors LLC now owns 28,670 shares of the company’s stock worth $2,032,000 after buying an additional 4,015 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in John B. Sanfilippo & Son by 28.1% in the 1st quarter. Public Sector Pension Investment Board now owns 28,689 shares of the company’s stock worth $2,033,000 after acquiring an additional 6,288 shares during the last quarter. Nuveen LLC bought a new position in John B. Sanfilippo & Son in the 1st quarter valued at approximately $1,813,000. Invesco Ltd. boosted its stake in John B. Sanfilippo & Son by 2.1% during the 1st quarter. Invesco Ltd. now owns 80,692 shares of the company’s stock valued at $5,718,000 after purchasing an additional 1,694 shares during the last quarter. Finally, Cynosure Group LLC increased its holdings in shares of John B. Sanfilippo & Son by 31.1% in the 1st quarter. Cynosure Group LLC now owns 4,792 shares of the company’s stock worth $340,000 after purchasing an additional 1,136 shares in the last quarter. 70.64% of the stock is owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Stock Up 0.5%

JBSS stock opened at $64.90 on Friday. The stock has a market capitalization of $755.44 million, a P/E ratio of 12.90 and a beta of 0.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.22 and a quick ratio of 0.59. John B. Sanfilippo & Son, Inc. has a 1-year low of $58.47 and a 1-year high of $97.47. The business has a fifty day moving average price of $65.10 and a 200-day moving average price of $66.29.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data 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 company had revenue of $269.08 million for the quarter.

John B. Sanfilippo & Son Cuts Dividend

The business also recently declared a special dividend, which will be paid on Thursday, September 11th. Stockholders of record on Tuesday, August 19th will be paid a $0.60 dividend. The ex-dividend date is Tuesday, August 19th. This represents a dividend yield of 130.0%. John B. Sanfilippo & Son’s payout ratio is currently 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.