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

Allspring Global Investments Holdings LLC decreased its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 8.9% in the first quarter, HoldingsChannel reports. The firm owned 33,887 shares of the company’s stock after selling 3,310 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in John B. Sanfilippo & Son were worth $3,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Chesapeake Capital Corp IL purchased a new position in shares of John B. Sanfilippo & Son during the fourth quarter worth $893,000. Pacer Advisors Inc. boosted its stake in shares of John B. Sanfilippo & Son by 67.0% in the fourth quarter. Pacer Advisors Inc. now owns 217,668 shares of the company’s stock worth $22,429,000 after buying an additional 87,348 shares during the last quarter. Public Employees Retirement Association of Colorado grew its stake in shares of John B. Sanfilippo & Son by 3,900.5% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 181,023 shares of the company’s stock worth $18,653,000 after purchasing an additional 176,498 shares during the period. DGS Capital Management LLC increased its position in shares of 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 valued at $252,000 after buying an additional 375 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new position in shares of John B. Sanfilippo & Son during the 1st quarter valued at approximately $3,554,000. Hedge funds and other institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Price Performance

John B. Sanfilippo & Son stock traded down $0.23 during midday trading on Tuesday, reaching $95.62. The company had a trading volume of 4,451 shares, compared to its average volume of 56,528. John B. Sanfilippo & Son, Inc. has a 12-month low of $90.02 and a 12-month high of $118.77. The firm’s fifty day simple moving average is $99.66 and its 200-day simple moving average is $101.71. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.46 and a quick ratio of 0.71. The company has a market capitalization of $1.11 billion, a P/E ratio of 17.24 and a beta of 0.09.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Wednesday, May 1st. The company reported $1.15 earnings per share (EPS) for the quarter. The business had revenue of $271.88 million during 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 business also recently disclosed a None dividend, which was paid on Thursday, June 20th. Investors of record on Friday, May 31st were given a dividend of $1.00 per share. The ex-dividend date was Friday, May 31st. John B. Sanfilippo & Son’s 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.