Economy

Xact Kapitalforvaltning AB Invests $3379000 in JM Smucker Company (The) (SJM)

The stock has been active on the tape, now trading at $107.75, up from yesterday's close by 0.61%. About 548,526 shares traded.

J.M. Smucker Company (The) (NYSE:SJM) previously released its periodic earnings reports on Early Thur, Aug 24th. It has underperformed by 17.54% the S&P500. The normal reading of a stock will fall in the range of 30 to 70. Four analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company's stock. J.M. Smucker Company (The) had a net profit margin of 7.50% and a ROE of 12.06%. the business reported sales of $1.75 B for the period, compared with brokerage expectations of $1.81 B. for the same period in the prior fiscal year, firm reported $1.86 EPS.

Quite a few institutional investors have purchased and unloaded stocks of the company.

The stock increased 2.16% or $0.4 during the last trading session, reaching $18.95. About 659,559 shares traded. Douglas Lane & Associates, LLC now owns 250,270 shares valued at $29,614,000. It also increased its holding in Intel Corp (Prn) by 1.72M shares in the quarter, for a total of 1.82M shares, and has risen its stake in Schwab Strategic Tr (SCHV). Shareholders of record on Friday, August 11th were given a dividend of $0.78 per share. It improved, as 54 investors sold J M Smucker Co shares while 219 reduced holdings.

A number of research analysts recently issued reports on SJM shares. The Putnam Fl Investment Management Co holds 74,734 shares with $9.57 million value, up from 42,435 last quarter. Sun Life Fincl Inc holds 5 shares or 0% of its portfolio. First Mercantile Tru has 900 shares. Tcw has invested 0.01% of its portfolio in Davita Inc (NYSE:DVA). The California-based Granite Investment Partners Llc has invested 0.8% in the stock. Soros Fund Mgmt Limited Co accumulated 2,600 shares. Massachusetts-based Boston Advisors Ltd Liability Corporation has invested 0.01% in J M Smucker Co (NYSE:SJM). Navellier & Associates stated it has 41,510 shares. Burnpur Cement Ltd. (BURNPUR.BO) now has a 14-day Commodity Channel Index (CCI) of 96.00. Arizona-based Arizona State Retirement System has invested 0.06% in J M Smucker Co (NYSE:SJM). Td Asset Mngmt has 153,271 shares for 0.03% of their portfolio. This is an increase from J.M. Smucker Company (The)'s previous quarterly dividend of $0.75. Over the past week, shares are 0.79%.

Among 18 analysts covering J. M. Smucker Company (NYSE:SJM), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 50% are positive. The rating was maintained by Davy Research on Tuesday, October 6 with "Underperform". The firm earned "Neutral" rating on Friday, August 25 by Credit Suisse. The rating was maintained by Deutsche Bank with "Buy" on Friday, June 10. The stock has "Hold" rating by Jefferies on Friday, November 27. RBC Capital Markets has "Underperform" rating and $138 target. The stock of 3M Co (NYSE:MMM) earned "Sector Perform" rating by RBC Capital Markets on Wednesday, December 7. The company was maintained on Wednesday, June 7 by Susquehanna. The stock has "Hold" rating by Jefferies on Monday, July 3. Prnewswire.com's article titled: "DaVita Announces Veterans Hiring Initiative" and published on August 24, 2017 is yet another important article.

Since May 3, 2017, it had 0 buys, and 4 selling transactions for $6.59 million activity. $35,678 worth of Davita Inc (NYSE:DVA) was sold by JIGANTI JEANINE MARIE. 14,616 shares were sold by Bauman James L, worth $2.86 million on Thursday, May 11. On Monday, May 15 Rodriguez Javier sold $85,670 worth of Davita Inc (NYSE:DVA) or 1,294 shares. Bernstein downgraded the shares of SJM in report on Tuesday, March 21 to "Underperform" rating.

Institutional investors and hedge funds have recently modified their holdings of the business.

Investors sentiment increased to 1.11 in Q4 2016. Its down 0.43, from 1.16 in 2016Q3.

Several equities research analysts have weighed in on SJM shares. The correct version of this piece can be read at https://www.truebluetribune.com/2017/09/14/j-m-smucker-company-the-sjm-shares-bought-by-paradigm-asset-management-co-llc.html. Bbva Compass Financial Bank invested in 0.03% or 3,016 shares. Legg Mason Asset Management (Japan) invested in 8,600 shares. Mitsubishi Ufj Hldgs Com holds 20 shares.

Shares of J.M. Smucker Company (NYSE:SJM) opened at 107.05 on Thursday. Livforsakringsbolaget Skandia Omsesidigt, a Sweden-based fund reported 12,669 shares. 331 are held by Piedmont Investment Advsrs Lc. This is an increase from J.M. Smucker Company (The)'s previous quarterly dividend of $0.75. Bb&T Secs accumulated 0.09% or 46,687 shares. Norinchukin Bank The now owns 7,566 shares of the company's stock valued at $992,000 after purchasing an additional 503 shares during the period. The stock of J M Smucker Co (NYSE:SJM) has "Outperform" rating given on Wednesday, September 2 by Credit Agricole.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

Latest


15 September 2017
(NYSE:LUV) and HP Inc. (NYSE:HPQ)
The airline reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.05. BidaskClub cut Southwest Airlines from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 12th.

15 September 2017
Vivendi set to appeal regulator ruling over TIM influence
" Vivendi formally contests that interpretation and will appeal to the competent courts", the company said. Telecom Italia said it had adjusted net financial debt of 25.1 billion euros ($29.9 billion) at June 30.

15 September 2017
Why Jennifer Garner Is High As a Kite and Crying Over 'Hamilton'
The person on the other end of the call definitely enjoyed the confusing conversation, as she's heard cracking up in the background. "I listened to that song and it was so attractive ", she continued, "That music was so pretty and so I told them about it...they have to see it". "They have to see it". " You're welcome", she joked with fans.

15 September 2017
Guidewire Software Inc (GWRE) CEO Sells $275000.00 in Stock
As of quarter end Ironbridge Capital Management Lp had disposed of a total of 6,469 shares trimming its holdings by 6.7%. Priscilla Hung, Chief Operations Officer sold $9,650 worth of shares at an average price of $71.48 on Friday the 4th.

15 September 2017
Lions First Look: Giants Open As 5-Point Favorites
Ameer Abdullah turned his team-leading 15 carries into 30 yards while Dwayne Washington added 22 yards on 6 carries of his own. It's a game that saw Eli Manning and Co. put up 50 yards of offense and just two first downs in the first half.

15 September 2017
Honkamp Krueger Financial Services Inc. ADV Takes Position in Nucor Corporation (NUE)
Finally, First Command Bank increased its holdings in shares of Nucor Corporation by 1.5% in the second quarter. The percentage of shares being held by the company management was 8.25% while institutional stake was 69.1%.

15 September 2017
EGain Corporation (EGAN) Earning Somewhat Positive News Coverage, Study Shows
The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $69.72M. The Company's solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies.

15 September 2017
Is Patterson-UTI Energy Inc. (PTEN) a good buy?
It dropped, as 126 investors sold AMZN shares while 478 reduced holdings. 156 funds opened positions while 618 raised stakes. Elm Ridge Management Llc decreased Patterson Uti Energy Inc (PTEN ) stake by 24.76% reported in 2016Q4 SEC filing.

15 September 2017
DC's ADAM STRANGE Cast
Debuting inside the pages of Showcase #17 in 1958, Adam Strange was created by Julius Schwartz and Murphy Anderson. Produced by Warner Horizon Television, Krypton comes from executive producers David S.

15 September 2017
President Trump says 'no deal' on DACA, refuting reports of an agreement
Conservative commentator Ann Coulter early Thursday ripped President Trump for defending young immigrants protected by the Deferred Action for Childhood Arrivals (DACA) program.



Recommended