November 25, 2016 - By Peter Erickson · 0 Comments
Smucker J M Co (NYSE:SJM) institutional sentiment decreased to 1 in 2016 Q2. Its down -0.27, from 1.27 in 2016Q1. The ratio worsened, as 329 investment managers increased and started new holdings, while 259 reduced and sold equity positions in Smucker J M Co. The investment managers in our partner’s database now hold: 86.15 million shares, down from 87.77 million shares in 2016Q1. Also, the number of investment managers holding Smucker J M Co in their top 10 holdings increased from 13 to 20 for an increase of 7. Sold All: 42 Reduced: 217 Increased: 236 New Position: 93.
The J. M. Smucker Company is a manufacturer and marketer of branded food and beverage products and pet food and pet snacks in North America. The company has a market cap of $14.56 billion. The Company’s divisions include U.S. It has a 20.6 P/E ratio. Retail Coffee, U.S.
About 155,429 shares traded hands. J M Smucker Co (NYSE:SJM) has declined 0.45% since April 22, 2016 and is downtrending. It has underperformed by 5.86% the S&P500.
Analysts await J M Smucker Co (NYSE:SJM) to report earnings on February, 28. They expect $2.03 earnings per share, up 15.34% or $0.27 from last year’s $1.76 per share. SJM’s profit will be $233.80 million for 15.57 P/E if the $2.03 EPS becomes a reality. After $2.05 actual earnings per share reported by J M Smucker Co for the previous quarter, Wall Street now forecasts -0.98% negative EPS growth.
According to Zacks Investment Research, “The J.M. Smucker Company, headquartered in Orrville, Ohio is the leading marketer of jams, jellies, preserves, and other fruit spreads in the U.S. They are also the leader in dessert toppings, natural peanut butter, and health and natural foods juice products, and market a wide variety of other specialty products throughout the U.S. and in many foreign countries. In the fruit spreads category, they also hold the leadership position in Australia and Canada.”
Fundsmith Llp holds 8.64% of its portfolio in J M Smucker Co for 3.45 million shares. Mark Sheptoff Financial Planning Llc owns 52,310 shares or 5.96% of their US portfolio. Moreover, South Street Advisors Llc has 5.24% invested in the company for 109,360 shares. The New York-based Norman Fields Gottscho Capital Management Llc has invested 5.07% in the stock. Shelter Mutual Insurance Co, a Missouri-based fund reported 97,120 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 3 sales for $3.54 million net activity.
Ratings analysis reveals 25% of J. M. Smucker Company’s analysts are positive. Out of 12 Wall Street analysts rating J. M. Smucker Company, 3 give it “Buy”, 2 “Sell” rating, while 7 recommend “Hold”. The lowest target is $118 while the high is $152. The stock’s average target of $135.86 is 7.47% above today’s ($126.42) share price. SJM was included in 30 notes of analysts from August 19, 2015. The firm has “Market Perform” rating by William Blair given on Friday, August 28. The stock has “Neutral” rating given by Credit Suisse on Tuesday, September 27. As per Thursday, September 22, the company rating was upgraded by Hilliard Lyons. The firm has “Buy” rating by Jefferies given on Wednesday, December 16. The firm has “Hold” rating given on Wednesday, October 12 by Jefferies. Deutsche Bank maintained J M Smucker Co (NYSE:SJM) on Friday, June 10 with “Buy” rating. The company was maintained on Monday, June 20 by JP Morgan. As per Friday, June 3, the company rating was maintained by Deutsche Bank. On Monday, September 21 the stock rating was downgraded by Zacks to “Hold”. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, June 3.
The J. M. Smucker Company, incorporated on October 26, 1921, is a maker and marketer of branded food and beverage products and pet food and pet snacks in North America. The Company’s divisions include U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Foodservice. The Company’s U.S. retail market divisions consist of the sale of branded food products to clients through retail outlets in North America. In the U.S. retail market divisions, the Company’s products are sold to food retailers, food wholesalers, drug stores, club stores, mass merchandisers, discount and dollar stores, military commissaries, natural foods stores and distributors, and pet specialty stores. In International and Foodservice, the Company’s products are distributed domestically and in foreign countries through retail channels and foodservice distributors and operators, such as restaurants, lodging, schools and universities, healthcare operators.
More notable recent J M Smucker Co (NYSE:SJM) news were published by: Bizjournals.com which released: “Why Mars Inc. is suing J.M. Smucker over a pet health product” on November 22, 2016, also Investorplace.com with their article: “J M Smucker Co (SJM) Is More Than Just a Jelly Company” published on November 20, 2016, Forbes.com published: “Ex-Dividend Reminder: J.M. Smucker, Dana and Penske Automotive Group” on November 04, 2016. More interesting news about J M Smucker Co (NYSE:SJM) were released by: Seekingalpha.com and their article: “J.M. Smucker Company – Approaching Fair Value” published on November 03, 2016 as well as Wsj.com‘s news article titled: “JM Smucker Revenue Declines on Folgers and Jif” with publication date: November 17, 2016.
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By Peter Erickson