David Lemmon Insider Sell Transaction
The Vice President of J M Smucker Co (NYSE:SJM)
J M Smucker Co Stock Rating, Sentiment and Fundamentals
The earnings per share for 2015 are forecasted to be $5.78 according to the eighteen security analysts responsible for the -listed company. This will give it P/E ratio of about 21.18 & growth rate YOY of 7.93%.
|Rating & Sentiment|
|Hedge Funds Sentiment:||NEUTRAL|
|Earnings + FCF Trend:||NEUTRAL|
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J M Smucker Co has had its stock price going up by 10.85 % in the last 200 days alone, and its continuing to be on a strong uptrend. We can’t rate the stock SELL only because of speculative reasons, our trend following model doesn’t agree with his sell. Refer to the chart below.
Price Chart of J M Smucker Co NYSE:SJM Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
The consensus of the professional stock traders has always been that a mix of both technical as well as fundamental analysis allows for the highest returns, epitomized by Hugh Hendry. This doesn’t look to be the case with this company.
Hedge Funds Ownership
Information from Q2 2015 13F SEC filings, disclose 583 hedge funds owned shares of J M Smucker Co. Octafinance tracked institutional and hedge funds have traditionally had an extremely high interest in the company in focus, and that was also the case in the last quarter. The institutional ownership was 75.60 % of the stock’s outstanding shares. Its up 4.36 % from previous quarter. These funds increased the total shares they own by 3.78 million to 90.47 million this quarter. There were 65 funds that created new positions and 183 funds that added to their positions. A total of 52 funds closed their positions in J M Smucker Co and 221 reduced their holdings.
As disclosed by SEC’s 13F filings, 10 institutional funds are positive about this company as its in their Top 10 stock positions.
Mark Sheptoff Financial Planning Llc is the most bullish institutional investor on J M Smucker Co, with ownership of 52,409 shares as of Q2 2015 for 4.59% of the fund’s portfolio. Vestar Capital Partners is another bullish asset manager possessing 3.86 million shares of the company or 22.75% of their stocks portfolio. The stock is also 8.21% of the fund’s AUM. Moreover Kohlberg Kravis Roberts & Co. L.P. have 9.30% of their stock portfolio invested in the stock for 9.53 million shares. Alethea Capital Management Llc disclosed it had acquired a stake worth 3.59% of the fund’s stock portfolio in J M Smucker Co. John W. Rogers’s Ariel Investments Llc is also very positive about the -listed company, with ownership of 1.89 million shares or 2.31% of their stock portfolio.
J M Smucker Co NYSE:SJM Company Profile
The J. M. Smucker Company is a manufacturer and marketer of consumer food and beverage products and pet food and pet snacks in North America. The Company has four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice and Natural Foods. The Company’s U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America. The Company’s International, Foodservice and Natural Foods segment represents sales outside of the U.S. retail market segments. The Company’s principal consumer food and beverage products are coffee, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, canned milk, flour and baking ingredients, juices and beverages, frozen sandwiches, toppings, syrups, pickles, condiments, grain products and nut mix products. The Company’s pet products consist of dry and wet dog food, dry and wet cat food, dog snacks and cat snacks.
Company Website: J M Smucker Co
The firm has 7370 employees. Now its market cap is: $14.65 billion and it has 120.79 million shares outstanding. Currently there are 68.32% shareholders and the institutional ownership is 68.32%. J M Smucker Co was incorporated in Ohio on 1921-09-26. The stock closed at $122.389999 yesterday and it had average 2 days volume of 468478 shares. It is up from the 30 days average shares volume of 204306. J M Smucker Co has a one year low of $97.28 and a 250 days high of $123.98. The current price is above the 200 days simple moving average. J M Smucker Co last issued its quarterly earnings report on 11/19/2015. The company reported 1.62 EPS for the quarter, above the consensus estimate of 1.52 by 0.10. The company had a revenue of 1.95 billion for 7/31/2015 and 1.45 billion for 4/30/2015. Therefore, the revenue was 504.90 million up.
* This sale was the result of a Rule 10b5-1 trading plan entered into during an open SJM trading window.
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