The JM Smucker (SJM) Lowered to "Hold" at Zacks Investment Research

Marco Green
May 4, 2018

The institutional investor held 17,018 shares of the packaged foods company at the end of 2017Q4, valued at $2.11M, up from 12,518 at the end of the previous reported quarter. Jefferies Group reaffirmed a "buy" rating and set a $135.00 target price on shares of The J.M. Smucker in a report on Thursday, March 22nd. The stock decreased 0.26% or $0.09 during the last trading session, reaching $34.2. About 293,245 shares traded. South Carolina-based Greenwood Cap Ltd has invested 0.06% in The J.M. Smucker Company (NYSE:SJM). It has underperformed by 19.44% the S&P500.

John Griffin decreased its stake in Oasis Pete Inc New (OAS) by 9.01% based on its latest 2017Q4 regulatory filing with the SEC. The stock has a market cap of $13,065.03, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 1.59 and a beta of 0.62. About 7,784 shares traded. Since May 2, 2017 SJM has declined 7.89% and is downtrending. It has underperformed by 26.54% the S&P500.

Polaris Capital Management Llc manages about $4.42B and $2.71 billion U.S. longs. Commerzbank Aktiengesellschaft FI raised its position in shares of The J.M. Smucker by 44.0% in the 1st quarter.

During 2017 Q4 the big money sentiment increased to 0.94. Its up 0.44, from 1.03 in 2017Q3. Lazard Asset Mngmt Limited Co reported 0.11% in The J.M. Smucker Company (NYSE:SJM). State Board Of Administration Of Florida Retirement Sys has 0.05% invested in The J.M. Smucker Company (NYSE:SJM). Johnson Invest Counsel Inc reported 274,609 shares. Hartford Mngmt accumulated 39,261 shares or 0.09% of the stock. Invesco Ltd reported 272,614 shares stake. Raymond James Assoc reported 0.01% stake. Dubuque Financial Bank Co accumulated 25 shares or 0% of the stock.

Mill Road Capital Management Llc holds 1.42% of its portfolio in SMTC Corporation for 783,099 shares. During the same period last year, the business posted $2.00 EPS. analysts expect that The J.M. Smucker Company will post 8.25 earnings per share for the current year. Susquehanna Bancshares set a $148.00 target price on shares of The J.M. Smucker and gave the company a "buy" rating in a report on Monday, February 12th. Vr Advisory Services holds 242,500 shares or 1.07% of its portfolio. Gradient Investments Limited Liability reported 0% of its capital in The J.M. Smucker Company (NYSE:SJM). Veritable Lp holds 0.01% or 4,340 shares in its portfolio. Lowe Brockenbrough And Incorporated holds 0.53% in The J.M. Smucker Company (NYSE:SJM) or 30,000 shs. Therefore 33% are positive. The J.M. Smucker Company has a 1 year low of $99.57 and a 1 year high of $134.12. National Securities maintained it with "Buy" rating and $17 target in Wednesday, August 5 report. The firm has "Outperform" rating given on Wednesday, September 16 by Credit Suisse. The rating was maintained by Morgan Stanley with "Underweight" on Friday, November 17. On Tuesday, February 20 the firm has "Equal-Weight" rating given by Barclays Capital. As per Monday, November 9, the company rating was maintained by Maxim Group.

The J.M. Smucker Company manufactures and markets branded food and beverage products worldwide.The company has $13.07 billion market cap. On Monday, July 3 the stock rating was maintained by Credit Suisse with "Neutral". The stock has "Hold" rating by Deutsche Bank on Tuesday, February 20.

Investors sentiment increased to 1.47 in 2017 Q4. Its up 0.05, from 0.89 in 2017Q3. It is positive, as 78 investors sold CTL shares while 110 reduced holdings. 51 funds opened positions while 74 raised stakes. 888.76 million shares or 103.84% more from 436.00 million shares in 2017Q3 were reported. (NYSE:SJM) has 27% bullish analysts.

Reynders Mcveigh Capital Management Llc increased Celgene Corp (NASDAQ:CELG) stake by 10,485 shares to 32,389 valued at $3.38M in 2017Q4. State Treasurer State Of Michigan holds 0.04% or 285,176 shares in its portfolio. Proshare Advsrs Ltd Liability Company owns 15,821 shares. Stoneridge Invest Prtn Limited Liability stated it has 69,172 shares or 1.37% of all its holdings. 762,985 are owned by Champlain Invest Prns Limited Liability. The Massachusetts-based Acadian Asset Management Llc has invested 0% in the stock. Bb&T has 12,746 shares. 648,424 are owned by Tiaa Cref Invest Management Limited Com. D E Shaw holds 0% or 10,359 shares in its portfolio.

Synovus Financial Corp, which manages about $5.73 billion US Long portfolio, upped its stake in V F Corp (NYSE:VFC) by 6,224 shares to 77,476 shares, valued at $5.73M in 2017Q4, according to the filing. It increased, as 35 investors sold OAS shares while 50 reduced holdings.

Among 38 analysts covering Oasis Petroleum Inc. Five analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. The company is expected to report its next earnings report on Thursday, June 14th. The rating was maintained by Susquehanna on Monday, March 5 with "Buy". The stock of ITT Inc. (NASDAQ:GARS) on Wednesday, August 5 with "Buy" rating. Stifel Nicolaus has "Hold" rating and $11.0 target. J.P. Morgan maintained CenturyLink, Inc. (NASDAQ:GARS) rating on Thursday, November 9. As per Friday, October 28, the company rating was downgraded by Raymond James. The firm has "Hold" rating by Oppenheimer given on Thursday, August 10. Jefferies has "Hold" rating and $26 target.

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