JM Smucker Company (The) New (SJM) Hits a 52-Week Low

Orinda Asset Management Llc, which manages about $286.18M and $111.61M US Long portfolio, decreased its stake in New York Reit Inc (NYSE:NYRT) by 82,181 shares to 12,250 shares, valued at $124,000 in 2016Q4, according to the filing. It also reduced Vanguard Information Technolog (VGT) stake by 161,353 shares and now owns 398,562 shares. Visa Inc now has $236.63 billion valuation. Schmidt P J Investment Management Inc. now owns 2,411 shares of the company’s stock valued at $316,000 after buying an additional 13 shares during the period. Putnam Fl Invest Management stated it has 1.1% of its portfolio in J M Smucker Co (NYSE:SJM). It has underperformed by 17.54% the S&P500. Analysts predict that J.M. Smucker Company will post $7.86 EPS for the current fiscal year. As per Friday, January 29, the company rating was maintained by RBC Capital Markets. As per Friday, July 21, the company rating was maintained by Instinet. On Tuesday, August 11 the stock rating was downgraded by Zacks to “Buy”. The correct version of this piece can be read at Bank of America initiated the stock with “Neutral” rating in Tuesday, December 6 report. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, February 3. Credit Suisse has “Outperform” rating and $125 target. The company was maintained on Friday, August 28 by William Blair. Focused Wealth Mgmt owns 354 shares. Bank Of America Corporation (NYSE:BAC) was raised too.

Since March 7, 2017, it had 1 insider buy, and 0 selling transactions for $419,601 activity. Henderson Jay L bought $419,601 worth of J M Smucker Co (NYSE:SJM) on Tuesday, March 7.

Jefferies Group also issued estimates for J.M. Smucker Company (The)’s Q3 2018 earnings at $2.28 EPS, FY2018 earnings at $7.88 EPS, Q1 2019 earnings at $1.81 EPS, Q4 2019 earnings at $2.20 EPS and Q1 2020 earnings at $1.94 EPS. The hedge fund run by Louis Navellier held 41,510 shares of the packaged foods company at the end of 2016Q4, valued at $5.32 million, down from 65,205 at the end of the previous reported quarter. It increased, as 54 investors sold SJM shares while 219 reduced holdings. J M Smucker Co (NYSE:SJM) has declined 0.84% since August 26, 2016 and is downtrending.

J.M. Smucker Company (The) (NYSE:SJM) last released its earnings results on Thursday, August 24th. Conestoga Advisors Ltd owns 0.04% invested in J M Smucker Co (NYSE:SJM) for 5,204 shares. 6,700 were accumulated by Meiji Yasuda Life Ins. Palo Cap stated it has 0.85% of its portfolio in J M Smucker Co (NYSE:SJM). The Virginia-based Davenport & Lc has invested 0.77% in J M Smucker Co (NYSE:SJM). 5,901 are owned by Old Dominion Cap Mngmt. Penrose let go of 550 shares at an average price of $120.09 on June 28th.

J.M. Smucker Company (The) (NYSE:SJM) last announced its quarterly earnings results on Thursday, August 24th. Voloridge Inv Limited Co has invested 0.27% of its portfolio in J M Smucker Co (NYSE:SJM). Therefore 28% are positive. J.M. Smucker Company has a 12-month low of $105.04 and a 12-month high of $143.68. The stock now has a consensus rating of “Hold” and a consensus price target of $132.82. J. M. Smucker Company had 52 analyst reports since August 19, 2015 according to SRatingsIntel.

United Capital Financial Advisers Llc increased Jm Smucker Co (SJM) stake by 11.27% reported in 2016Q4 SEC filing. Fiduciary Tru has 0.01% invested in J M Smucker Co (NYSE:SJM). Deutsche Bank maintained J M Smucker Co (NYSE:SJM) on Wednesday, October 21 with “Buy” rating. The firm earned “Neutral” rating on Monday, October 26 by Susquehanna. In the last earnings report the EPS was $5.10 and is projected to be $7.86 for the current year with 113,436,000 shares now outstanding. Susquehanna has “Hold” rating and $131.0 target. Dearborn Prtnrs Ltd Liability Corp reported 1.72% in J M Smucker Co (NYSE:SJM). The firm earned “Buy” rating on Friday, June 3 by Deutsche Bank. On July 19, 2017 the stock rating was set at “Equal-Weight” by Stephens & Co. down from the previous “Overweight” rating.

Investors sentiment increased to 1.28 in Q4 2016. Its up 0.04, from 0.85 in 2016Q3. The total value of its holdings decreased 15.7%. 39 funds opened positions while 79 raised stakes. Arrow Investment Advsrs Ltd Company reported 382,354 shares. Plancorp Limited Liability invested in 2,419 shares.

In other news, insider Barry C. Dunaway sold 9,433 shares of J.M. Smucker Company (The) stock in a transaction on Tuesday, June 27th. Envestnet Asset Management accumulated 119 shares or 0% of the stock. Finally, FMR LLC raised its position in shares of J.M. Smucker Company (The) by 17.1% in the second quarter. Stadion Money Management Limited Co holds 17,691 shares or 0.07% of its portfolio. Susquehanna Group Incorporated Llp reported 122,367 shares. Blackrock Advsr Ltd Liability has 134,005 shares. Whittier Of Nevada holds 0% or 300 shares in its portfolio. Fifth Third Bancorporation invested 0% in EV Energy Partners, L.P. (NASDAQ:EVEP). Following the sale, the insider now directly owns 47,667 shares of the company’s stock, valued at $5,815,374. Da Davidson & has 14,382 shares for 0.04% of their portfolio. Farmers Fincl Bank, Kentucky-based fund reported 12,828 shares. Vnbtrust National Association has 1,729 shares. The company has a market cap of $11.93 billion, a price-to-earnings ratio of 22.09 and a beta of 0.62. It now has negative earnings.

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