Charles Schwab Investment Management Inc. Increases Position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)


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Charles Schwab Investment Management Inc. lifted its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,986 shares of the company’s stock after buying an additional 2,265 shares during the period. Charles Schwab Investment Management Inc.’s holdings in John B. Sanfilippo & Son were worth $7,097,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JBSS. Vantage Consulting Group Inc purchased a new position in shares of John B. Sanfilippo & Son in the 4th quarter worth approximately $29,000. Charter Oak Capital Management LLC purchased a new position in John B. Sanfilippo & Son in the fourth quarter valued at approximately $35,000. Parallel Advisors LLC lifted its stake in John B. Sanfilippo & Son by 44.3% in the fourth quarter. Parallel Advisors LLC now owns 554 shares of the company’s stock valued at $44,000 after purchasing an additional 170 shares during the last quarter. Kinloch Capital LLC purchased a new position in John B. Sanfilippo & Son in the fourth quarter valued at approximately $87,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in John B. Sanfilippo & Son in the third quarter valued at approximately $247,000. Hedge funds and other institutional investors own 70.67% of the company’s stock.

In related news, COO Jasper Brian Sanfilippo, Jr. sold 5,435 shares of the company’s stock in a transaction that occurred on Wednesday, March 10th. The stock was sold at an average price of $90.68, for a total value of $492,845.80. 22.02% of the stock is currently owned by corporate insiders.

John B. Sanfilippo & Son stock opened at $91.41 on Friday. John B. Sanfilippo & Son, Inc. has a 12 month low of $71.00 and a 12 month high of $93.46. The company has a current ratio of 1.93, a quick ratio of 0.65 and a debt-to-equity ratio of 0.06. The business’s 50 day simple moving average is $89.96 and its 200 day simple moving average is $81.69. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 19.49 and a beta of 0.11.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings data on Thursday, January 28th. The company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.43 by $0.29. John B. Sanfilippo & Son had a return on equity of 23.13% and a net margin of 6.19%. The business had revenue of $233.58 million for the quarter.

The company also recently disclosed a None dividend, which was paid on Tuesday, March 16th. Investors of record on Friday, February 26th were paid a $2.50 dividend. This is an increase from John B. Sanfilippo & Son’s previous None dividend of $1.00. The ex-dividend date of this dividend was Thursday, February 25th.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, together with 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.

Further Reading: Green Investing

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Institutional Ownership by Quarter for John B. Sanfilippo & Son (NASDAQ:JBSS)

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