John B. Sanfilippo & Son (NASDAQ:JBSS) Hits New 52-Week Low at $89.80

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $89.80 and last traded at $89.95, with a volume of 8727 shares changing hands. The stock had previously closed at $92.62.

John B. Sanfilippo & Son Price Performance

The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 16.66 and a beta of 0.10. The company has a current ratio of 2.34, a quick ratio of 0.77 and a debt-to-equity ratio of 0.02. The company’s 50 day moving average is $97.75 and its 200 day moving average is $99.73.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its earnings results on Tuesday, August 20th. The company reported $0.86 earnings per share (EPS) for the quarter. The firm 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 declared an annual dividend, which will be paid on Wednesday, September 11th. Investors of record on Tuesday, August 20th will be paid a dividend of $2.10 per share. The ex-dividend date is Tuesday, August 20th. This represents a yield of 2.09%. This is a boost from John B. Sanfilippo & Son’s previous annual dividend of $2.00. John B. Sanfilippo & Son’s dividend payout ratio is currently 15.29%.

Institutional Investors Weigh In On John B. Sanfilippo & Son

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Gamco Investors INC. ET AL grew its position in John B. Sanfilippo & Son by 15.3% in the 1st quarter. Gamco Investors INC. ET AL now owns 42,675 shares of the company’s stock valued at $4,520,000 after buying an additional 5,650 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in shares of John B. Sanfilippo & Son in the 1st quarter worth about $617,000. Chesapeake Capital Corp IL purchased a new stake in shares of John B. Sanfilippo & Son during the 4th quarter valued at about $893,000. Public Employees Retirement Association of Colorado lifted its stake in shares of John B. Sanfilippo & Son by 3,900.5% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 181,023 shares of the company’s stock worth $18,653,000 after acquiring an additional 176,498 shares in the last quarter. Finally, Confluence Investment Management LLC acquired a new position in John B. Sanfilippo & Son in the first quarter worth about $3,554,000. 70.64% of the stock is owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Company Profile

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.