Chesapeake Capital Corp IL Sells 2,749 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Chesapeake Capital Corp IL reduced its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 50.6% during the second quarter, HoldingsChannel reports. The fund owned 2,679 shares of the company’s stock after selling 2,749 shares during the quarter. Chesapeake Capital Corp IL’s holdings in John B. Sanfilippo & Son were worth $260,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JBSS. nVerses Capital LLC purchased a new position in John B. Sanfilippo & Son during the 2nd quarter valued at about $29,000. GAMMA Investing LLC grew its holdings in John B. Sanfilippo & Son by 90.5% during the 2nd quarter. GAMMA Investing LLC now owns 579 shares of the company’s stock valued at $56,000 after buying an additional 275 shares in the last quarter. Quest Partners LLC purchased a new position in John B. Sanfilippo & Son during the 2nd quarter valued at about $68,000. Heritage Wealth Advisors grew its holdings in John B. Sanfilippo & Son by 218.4% during the 1st quarter. Heritage Wealth Advisors now owns 1,592 shares of the company’s stock valued at $169,000 after buying an additional 1,092 shares in the last quarter. Finally, Johnson Investment Counsel Inc. purchased a new position in John B. Sanfilippo & Son during the 4th quarter valued at about $246,000. 70.64% of the stock is currently owned by institutional investors.

John B. Sanfilippo & Son Stock Down 1.5 %

JBSS stock opened at $92.62 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 2.34 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1.07 billion, a PE ratio of 16.66 and a beta of 0.10. John B. Sanfilippo & Son, Inc. has a twelve month low of $90.02 and a twelve month high of $108.96. The stock has a 50-day simple moving average of $97.75 and a two-hundred day simple moving average of $99.73.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its earnings results on Tuesday, August 20th. The company reported $0.86 earnings per share for the quarter. The business had revenue of $269.57 million during the quarter. John B. Sanfilippo & Son had a return on equity of 19.45% and a net margin of 5.65%.

John B. Sanfilippo & Son Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Tuesday, August 20th will be issued a dividend of $2.10 per share. This is a positive change from John B. Sanfilippo & Son’s previous annual dividend of $2.00. The ex-dividend date is Tuesday, August 20th. This represents a dividend yield of 2.09%. John B. Sanfilippo & Son’s payout ratio is presently 15.29%.

About John B. Sanfilippo & Son

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.