Allspring Global Investments Holdings LLC Has $3.59 Million Stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Allspring Global Investments Holdings LLC lessened its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 8.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 33,887 shares of the company’s stock after selling 3,310 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.29% of John B. Sanfilippo & Son worth $3,589,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Gladius Capital Management LP lifted its stake in shares of John B. Sanfilippo & Son by 61.3% in the third quarter. Gladius Capital Management LP now owns 329 shares of the company’s stock valued at $33,000 after buying an additional 125 shares during the period. DekaBank Deutsche Girozentrale bought a new position in shares of John B. Sanfilippo & Son during the 4th quarter worth about $37,000. Johnson Investment Counsel Inc. bought a new stake in John B. Sanfilippo & Son in the fourth quarter valued at about $246,000. DGS Capital Management LLC raised its position in John B. Sanfilippo & Son by 18.1% in the fourth quarter. DGS Capital Management LLC now owns 2,444 shares of the company’s stock worth $252,000 after purchasing an additional 375 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC acquired a new stake in John B. Sanfilippo & Son during the fourth quarter valued at approximately $255,000. Institutional investors and hedge funds own 70.64% of the company’s stock.

John B. Sanfilippo & Son Price Performance

JBSS stock traded down $0.23 during trading on Tuesday, hitting $95.62. The company had a trading volume of 4,451 shares, compared to its average volume of 56,528. The company has a fifty day moving average price of $99.66 and a two-hundred day moving average price of $101.71. The company has a current ratio of 2.46, a quick ratio of 0.71 and a debt-to-equity ratio of 0.02. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $90.02 and a fifty-two week high of $118.77. The company has a market cap of $1.11 billion, a P/E ratio of 17.24 and a beta of 0.09.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $1.15 earnings per share for the quarter. The firm had revenue of $271.88 million for the quarter. John B. Sanfilippo & Son had a net margin of 6.29% and a return on equity of 21.48%.

John B. Sanfilippo & Son Cuts Dividend

The firm also recently declared a None dividend, which was paid on Thursday, June 20th. Investors of record on Friday, May 31st were issued a $1.00 dividend. The ex-dividend date was Friday, May 31st. John B. Sanfilippo & Son’s dividend payout ratio is 14.39%.

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.