AQR Capital Management LLC Acquires 5,598 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

AQR Capital Management LLC boosted its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 20.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,158 shares of the company’s stock after purchasing an additional 5,598 shares during the period. AQR Capital Management LLC owned approximately 0.29% of John B. Sanfilippo & Son worth $3,222,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. nVerses Capital LLC bought a new stake in John B. Sanfilippo & Son in the second quarter worth $29,000. GAMMA Investing LLC increased its position in shares of John B. Sanfilippo & Son by 90.5% in the second quarter. GAMMA Investing LLC now owns 579 shares of the company’s stock valued at $56,000 after acquiring an additional 275 shares during the period. Quest Partners LLC purchased a new position in shares of John B. Sanfilippo & Son in the second quarter valued at about $68,000. Heritage Wealth Advisors increased its position in shares of John B. Sanfilippo & Son by 218.4% in the first quarter. Heritage Wealth Advisors now owns 1,592 shares of the company’s stock valued at $169,000 after acquiring an additional 1,092 shares during the period. Finally, Intech Investment Management LLC purchased a new position in shares of John B. Sanfilippo & Son in the second quarter valued at about $212,000. 70.64% of the stock is owned by institutional investors.

John B. Sanfilippo & Son Price Performance

JBSS stock opened at $92.81 on Tuesday. The firm’s 50-day moving average price is $96.40 and its two-hundred day moving average price is $98.57. John B. Sanfilippo & Son, Inc. has a 12-month low of $89.73 and a 12-month high of $108.96. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 16.69 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.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data on Tuesday, August 20th. The company reported $0.86 earnings per share (EPS) for the quarter. John B. Sanfilippo & Son had a net margin of 5.65% and a return on equity of 19.45%. The firm had revenue of $269.57 million for the quarter.

John B. Sanfilippo & Son Increases Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, September 11th. Investors of record on Tuesday, August 20th were given a dividend of $2.10 per share. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a dividend 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 payout ratio is currently 15.29%.

John B. Sanfilippo & Son 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.