Steven Oakland Insider Sell Transaction
J M Smucker Co (NYSE:SJM)
J M Smucker Co Stock Rating, Sentiment and Fundamentals
The eighteen Wall Street analysts that cover the corporation future expect $5.78 earnings for each share for 2015 which gives J M Smucker Co price to earnings ratio of 21.18. It’s forecasted that the earnings-per-share growth rate year-over-year will be not higher than 7.93%.
|Rating & Sentiment|
|Hedge Funds Sentiment:||NEUTRAL|
|Earnings + FCF Trend:||NEUTRAL|
* Read How Our Stock Ratings System Works
After considering Steven’s transaction and our time-momentum model as shown below, we rate J M Smucker Co’s stock “neutral”. In the last 200 days, J M Smucker Co stock price had a 10.85 % raise. Its trend is smooth upward.
Price Chart of J M Smucker Co NYSE:SJM Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
As Bruce Kovner, one of the best money-making machine, noted, that the highest returns are made through a mix of fundamental and technical analysis.” This is definitely not the case with this company.
Hedge Funds Ownership
Recently released 13F public filings disclose 583 institutional investors and hedge funds owned shares of J M Smucker Co. Octafinance tracked banks along with hedge funds and other institutional investors have historically had an extremely high interest in this company, and that was also the case in Q2 2015. The institutional ownership was 75.60 % of the stock’s outstanding shares. They increased by 3.78 million the total shares they hold. As of that quarter these investment managers owned 90.47 million shares. A total of 52 funds closed their positions in J M Smucker Co and 221 reduced their holdings. There were 65 funds that created new positions and 183 funds that added to their positions.
10 investment managers are very long the stock and have it in their Top 10. They are: Mark Sheptoff Financial Planning Llc, Vestar Capital Partners, Kohlberg Kravis Roberts & Co. L.P., Alethea Capital Management Llc, Ariel Investments Llc, Coho Partners Ltd., Fairfield Bush & Co., Norman Fields Gottscho Capital Management Llc, Shelter Mutual Insurance Co, Speece Thorson Capital Group Inc.
Mark Sheptoff Financial Planning Llc had the greatest investment 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 The New York-based fund Kohlberg Kravis Roberts & Co. L.P. have 9.30% of their stock portfolio invested in the company for 9.53 million shares. Alethea Capital Management Llc revealed 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 optimistic about the company, owning 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
Now its market cap is: $14.65 billion and it has 120.79 million outstanding shares. The firm has 7370 employees. Today the company has 68.32% shareholders and the institutional ownership is 68.32%. J M Smucker Co was founded 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 250 days low of $97.28 and a 52 weeks 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.
Steven Oakland is also director of Foot Locker Inc.
* This sale was the result of a Rule 10b5-1 trading plan entered into during an open SJM trading window.
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