John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Sees Large Increase in Short Interest

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSSGet Free Report) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 211,500 shares, an increase of 13.1% from the May 15th total of 187,000 shares. Currently, 2.4% of the company’s stock are sold short. Based on an average daily trading volume, of 55,600 shares, the days-to-cover ratio is currently 3.8 days.

John B. Sanfilippo & Son Stock Down 1.0 %

Shares of JBSS traded down $0.97 during mid-day trading on Friday, reaching $97.29. 98,753 shares of the stock traded hands, compared to its average volume of 53,560. The stock has a fifty day simple moving average of $99.99 and a 200 day simple moving average of $101.78. John B. Sanfilippo & Son has a 12-month low of $90.02 and a 12-month high of $127.26. The company has a quick ratio of 0.71, a current ratio of 2.46 and a debt-to-equity ratio of 0.02. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 17.50 and a beta of 0.10.

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

John B. Sanfilippo & Son Cuts Dividend

The firm also recently disclosed a None dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, May 31st will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, May 31st. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is presently 14.39%.

Hedge Funds Weigh In On John B. Sanfilippo & Son

A number of institutional investors have recently made changes to their positions in JBSS. Vanguard Group Inc. increased its stake in shares of John B. Sanfilippo & Son by 1.0% in the third quarter. Vanguard Group Inc. now owns 753,394 shares of the company’s stock worth $74,435,000 after buying an additional 7,572 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of John B. Sanfilippo & Son by 67.0% in the 4th quarter. Pacer Advisors Inc. now owns 217,668 shares of the company’s stock worth $22,429,000 after purchasing an additional 87,348 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of John B. Sanfilippo & Son by 3,900.5% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 181,023 shares of the company’s stock valued at $18,653,000 after purchasing an additional 176,498 shares in the last quarter. UBS Group AG lifted its position in shares of John B. Sanfilippo & Son by 5.6% during the fourth quarter. UBS Group AG now owns 138,086 shares of the company’s stock worth $14,228,000 after purchasing an additional 7,333 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in John B. Sanfilippo & Son by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 130,072 shares of the company’s stock worth $13,403,000 after purchasing an additional 1,183 shares in the last quarter. 70.64% of the stock is owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Company Profile

(Get Free Report)

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.

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