Jm Smucker Co (SJM) Holder United Capital Financial Advisers LLC Trimmed Its Stake by $7.96 Million as Share Price Declined

January 23, 2018 - By Migdalia James

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.08, from 0.97 in 2017Q2. It fall, as 71 investors sold SJM shares while 231 reduced holdings. 80 funds opened positions while 189 raised stakes. 83.48 million shares or 2.45% more from 81.49 million shares in 2017Q2 were reported. Thompson Invest Mngmt owns 0.57% invested in The J. M. Smucker Company (NYSE:SJM) for 28,923 shares. Intll Group Inc Inc reported 40,264 shares or 0.01% of all its holdings. Private Ocean Ltd Liability has invested 0% in The J. M. Smucker Company (NYSE:SJM). Snow Management Ltd Partnership holds 1.84% of its portfolio in The J. M. Smucker Company (NYSE:SJM) for 362,668 shares. 8,454 are owned by Norinchukin Commercial Bank The. Private Asset owns 248 shares. Advsr Asset Management has 0.03% invested in The J. M. Smucker Company (NYSE:SJM) for 17,265 shares. Kayne Anderson Rudnick Mngmt Ltd Liability stated it has 38,724 shares or 0.04% of all its holdings. Oppenheimer Asset Mgmt accumulated 4,152 shares. Sit Investment Associates holds 0% or 265 shares in its portfolio. Beese Fulmer Invest Mngmt Inc reported 7,646 shares. 1,471 were accumulated by Srb. Hightower Advsr Limited Company reported 0.01% in The J. M. Smucker Company (NYSE:SJM). Baker Ellis Asset Management Ltd Liability Co invested in 0.07% or 2,487 shares. The California-based First Republic Invest Management has invested 0.01% in The J. M. Smucker Company (NYSE:SJM).

United Capital Financial Advisers Llc decreased its stake in Jm Smucker Co (SJM) by 71.48% based on its latest 2017Q3 regulatory filing with the SEC. United Capital Financial Advisers Llc sold 76,568 shares as the company’s stock declined 7.31% while stock markets rallied. The institutional investor held 30,553 shares of the packaged foods company at the end of 2017Q3, valued at $3.21 million, down from 107,121 at the end of the previous reported quarter. United Capital Financial Advisers Llc who had been investing in Jm Smucker Co for a number of months, seems to be less bullish one the $14.47B market cap company. The stock decreased 0.12% or $0.15 during the last trading session, reaching $127.38. About 569,632 shares traded. The J. M. Smucker Company (NYSE:SJM) has declined 0.84% since January 23, 2017 and is downtrending. It has underperformed by 17.54% the S&P500.

United Capital Financial Advisers Llc, which manages about $9.56B and $11.79 billion US Long portfolio, upped its stake in Exxon Mobil Corp (NYSE:XOM) by 38,297 shares to 1.09 million shares, valued at $89.59M in 2017Q3, according to the filing. It also increased its holding in Health Care Select Sector Spdr Fund (XLV) by 55,148 shares in the quarter, for a total of 405,360 shares, and has risen its stake in Ishares Us Home Construction (ITB).

Analysts await The J. M. Smucker Company (NYSE:SJM) to report earnings on February, 16. They expect $2.14 earnings per share, up 7.00 % or $0.14 from last year’s $2 per share. SJM’s profit will be $243.10 million for 14.88 P/E if the $2.14 EPS becomes a reality. After $2.02 actual earnings per share reported by The J. M. Smucker Company for the previous quarter, Wall Street now forecasts 5.94 % EPS growth.

More recent The J. M. Smucker Company (NYSE:SJM) news were published by: Gurufocus.com which released: “Founders Capital Management Buys Schwab International Equity, SPDR Portfolio …” on January 22, 2018. Also Gurufocus.com published the news titled: “Reinhart Partners, Inc. Buys JM Smucker Co, UGI Corp, Zayo Group Holdings Inc …” on January 22, 2018. Gurufocus.com‘s news article titled: “Adams Asset Advisors, LLC Buys JM Smucker Co, Schlumberger, Universal Corp …” with publication date: January 19, 2018 was also an interesting one.

The J. M. Smucker Company (NYSE:SJM) Ratings Coverage

Among 19 analysts covering J. M. Smucker Company (NYSE:SJM), 6 have Buy rating, 3 Sell and 10 Hold. Therefore 32% are positive. J. M. Smucker Company had 65 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, November 17 by Jefferies. The company was maintained on Friday, August 28 by William Blair. Susquehanna maintained the shares of SJM in report on Wednesday, May 31 with “Hold” rating. The company was maintained on Thursday, September 10 by Tigress Financial. The stock has “Neutral” rating by Credit Suisse on Friday, August 25. Citigroup maintained the stock with “Buy” rating in Saturday, August 29 report. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, November 17 report. The firm earned “Equal-Weight” rating on Friday, June 3 by Morgan Stanley. Credit Suisse maintained it with “Hold” rating and $126 target in Thursday, June 1 report. The firm earned “Underweight” rating on Tuesday, April 11 by Morgan Stanley.

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