JM Smucker Co (NYSE:SJM) Shares Sold by Macquarie Group Ltd.

Marco Green
December 17, 2017

Aflac Inc now has $35.09B valuation. The company reported $2.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.90 by $0.12. Brookfield Property Partners L.P. (NYSE:BPY) has declined 7.06% since December 16, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

Kidder Stephen W increased Smucker J M (SJM) stake by 14.21% reported in 2017Q2 SEC filing. Notis-Mcconarty Edward acquired 4,510 shares as Smucker J M (SJM)'s stock declined 7.31%. The institutional investor held 2.37 million shares of the edp services company at the end of 2017Q2, valued at $61.61 million, up from 2.34M at the end of the previous reported quarter. The J.M. Smucker Company (NYSE:SJM), at its latest closing price of $118.52, it has a price-to-book ratio of 1.91, compared to an industry average at 3.37. The stock appeared $84.83 above its 52-week highs and is up 0.84% for the last five trades. Currently, 349.97 million total shares are owned by the public and among those 347.18 million shares have been available to trade. The J.M. Smucker Company (NYSE:SJM) has declined 0.84% since December 15, 2016 and is downtrending. It has underperformed by 17.54% the S&P500.

Investors sentiment decreased to 0.97 in Q2 2017. It increased, as 25 investors sold ACXM shares while 48 reduced holdings. Arizona State Retirement Sys invested in 33,100 shares.

J.M. Smucker Company (The) Company Profile 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.

J M Smucker (NYSE:SJM) last posted its quarterly earnings results on Thursday, November 16th. Boston Private Wealth Ltd Liability Co has 0.08% invested in The J.M. Smucker Company (NYSE:SJM) for 17,497 shares. Aristotle Cap Mgmt Ltd Liability accumulated 17,617 shares or 0.02% of the stock. Farmers And Merchants holds 526 shares or 0.01% of its portfolio. Moreover, San Francisco Sentry Invest Gp (Ca) has 0% invested in The J.M. Smucker Company (NYSE:SJM). North Star Invest Mgmt owns 2,750 shares. Kentucky Retirement Trust Fund has 0.07% invested in The J.M. Smucker Company (NYSE:SJM). Switzerland-based Swiss Bancorporation has invested 0.08% in The J.M. Smucker Company (NYSE:SJM). The firm has a market cap of $13,463.59, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 2.19 and a beta of 0.67. Cipher Capital Ltd Partnership reported 13,665 shares or 0.13% of all its holdings. Weaver C Barksdale Assoc reported 174 shares.

Among 29 analysts covering Polo Ralph Lauren Corporation (NYSE:RL), 9 have Buy rating, 5 Sell and 15 Hold. Therefore 0 are positive. Susquehanna Bancshares set a $131.00 price objective on J M Smucker and gave the company a "hold" rating in a research note on Wednesday, August 23rd. The firm earned "Hold" rating on Thursday, June 29 by Jefferies. Finally, Citigroup Inc. reduced their price target on shares of J.M. Smucker Company (The) from $161.00 to $155.00 and set a "buy" rating for the company in a research report on Tuesday, May 9th. The stock of Acxiom Corporation (NASDAQ:ACXM) earned "Equal-Weight" rating by First Analysis on Friday, November 18. Finally, Stifel Nicolaus increased their price target on J M Smucker from $109.00 to $113.00 and gave the stock a "hold" rating in a research report on Friday, November 17th. Credit Suisse Group reissued a "hold" rating and set a $126.00 price target on shares of J.M. Smucker Company (The) in a research report on Thursday, June 1st. The firm has "Outperform" rating given on Wednesday, September 16 by Credit Suisse. On Wednesday, February 15 the stock rating was initiated by Deutsche Bank with "Hold". Bernstein downgraded The J.M. Smucker Company (NYSE:SJM) on Tuesday, March 21 to "Underperform" rating. Therefore 6% are positive. Novartis Ag had 34 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by N+1 Singer on Wednesday, January 4 with "Corporate". Dc Ltd reported 100,000 shares. CIBC Asset Management Inc now owns 12,171 shares of the company's stock valued at $1,440,000 after acquiring an additional 31 shares during the period. The rating was upgraded by Hilliard Lyons to "Long-Term Buy" on Tuesday, July 11. Wells Fargo initiated Aflac Incorporated (NYSE:AFL) on Friday, September 23 with "Market Perform" rating. The company was downgraded on Friday, December 9 by RBC Capital Markets. The rating was maintained by Credit Suisse with "Hold" on Thursday, June 1. The company was upgraded on Thursday, April 14 by Macquarie Research.

Several other large investors have also recently made changes to their positions in SJM. 254.01 million shares or 2.44% more from 247.97 million shares in 2017Q1 were reported. Following the completion of the transaction, the director now owns 250 shares in the company, valued at $30,152.50. 5,400 are owned by Palisade Cap Mngmt Limited Nj. Parametric Portfolio Associates LLC now owns 642,552 shares of the company's stock worth $76,033,000 after acquiring an additional 459,528 shares during the last quarter. Hsbc Pcl reported 8,929 shares. Guardian Life Insurance Of America stated it has 261 shares or 0% of all its holdings. Jefferies Grp Inc Lc has invested 0.02% in Aflac Incorporated (NYSE:AFL). Quantres Asset Ltd accumulated 0.59% or 7,700 shares.

Investors sentiment decreased to 1.04 in 2017 Q2. During the same quarter past year, the business earned $1.19 earnings per share. Cambridge Investment Research Advsrs stated it has 54,131 shares or 0.06% of all its holdings. CIBC Asset Management Inc increased its stake in J M Smucker by 0.3% during the second quarter.

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