Arizona State Retirement System cut its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 7.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,752 shares of the company’s stock after selling 1,071 shares during the period. Arizona State Retirement System owned approximately 0.11% of John B. Sanfilippo & Son worth $949,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. grew its stake in shares of John B. Sanfilippo & Son by 2.3% in the first quarter. BlackRock Inc. now owns 1,167,415 shares of the company’s stock valued at $67,557,000 after acquiring an additional 25,848 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of John B. Sanfilippo & Son by 1.6% in the first quarter. Dimensional Fund Advisors LP now owns 650,094 shares of the company’s stock valued at $37,621,000 after acquiring an additional 10,467 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of John B. Sanfilippo & Son by 112.6% in the first quarter. Thrivent Financial for Lutherans now owns 335,611 shares of the company’s stock valued at $19,421,000 after acquiring an additional 177,784 shares in the last quarter. American Century Companies Inc. grew its stake in shares of John B. Sanfilippo & Son by 5.0% in the first quarter. American Century Companies Inc. now owns 194,502 shares of the company’s stock valued at $11,256,000 after acquiring an additional 9,302 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado grew its stake in John B. Sanfilippo & Son by 27.5% during the second quarter. Public Employees Retirement Association of Colorado now owns 182,503 shares of the company’s stock worth $13,587,000 after buying an additional 39,350 shares in the last quarter. Institutional investors and hedge funds own 67.90% of the company’s stock.

Separately, BidaskClub upgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research note on Wednesday, June 20th.

Shares of John B. Sanfilippo & Son stock opened at $72.78 on Friday. The stock has a market cap of $818.32 million, a price-to-earnings ratio of 25.49 and a beta of 1.06. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.62 and a current ratio of 2.11. John B. Sanfilippo & Son, Inc. has a 12-month low of $54.32 and a 12-month high of $79.37.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings data on Thursday, August 23rd. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.33). The firm had revenue of $211.51 million for the quarter. John B. Sanfilippo & Son had a return on equity of 14.04% and a net margin of 3.65%.

The company also recently disclosed an annual dividend, which was paid on Friday, August 17th. Shareholders of record on Friday, August 3rd were paid a dividend of $0.55 per share. This represents a yield of 0.72%. This is an increase from John B. Sanfilippo & Son’s previous annual dividend of $0.50. The ex-dividend date was Thursday, August 2nd.

In other John B. Sanfilippo & Son news, CEO Jeffrey T. Sanfilippo sold 8,108 shares of the stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $71.00, for a total transaction of $575,668.00. Following the sale, the chief executive officer now directly owns 14,840 shares in the company, valued at $1,053,640. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 22.09% of the company’s stock.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, together with its subsidiaries, processes and distributes tree nuts and peanuts in the United States. It 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.

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

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