Is there a Bearish outlook for The J. M. Smucker Company (NYSE:SJM) this week?

July 14, 2018 - By Ash Ash

Investors sentiment increased to 1.02 in 2018 Q1. Its up 0.08, from 0.94 in 2017Q4. It improved, as 42 investors sold The J. M. Smucker Company shares while 222 reduced holdings. 68 funds opened positions while 200 raised stakes. 87.08 million shares or 2.86% more from 84.66 million shares in 2017Q4 were reported.
Virginia Retirement Sys Et Al reported 41,000 shares. Bb&T Securities Limited Liability Co invested in 0.26% or 184,832 shares. Gargoyle Advisor Limited Liability Co holds 3,100 shares or 0.16% of its portfolio. Pub Sector Pension Invest Board stated it has 0.01% in The J. M. Smucker Company (NYSE:SJM). Baker Avenue Asset Ltd Partnership invested 0.04% in The J. M. Smucker Company (NYSE:SJM). Pennsylvania Trust owns 0.29% invested in The J. M. Smucker Company (NYSE:SJM) for 50,897 shares. Boulegeris Invests Inc reported 10,510 shares. Gulf Fincl Bank (Uk) Limited invested in 0.06% or 35,047 shares. Hyman Charles D reported 2,950 shares or 0.04% of all its holdings. Lincoln reported 0.01% stake. Exane Derivatives accumulated 27,080 shares. Atria Lc accumulated 0.02% or 2,628 shares. Truepoint, a Ohio-based fund reported 368 shares. 263,455 were accumulated by Pggm Invests. Invesco Ltd accumulated 0.01% or 269,426 shares.

Since June 11, 2018, it had 0 insider buys, and 5 selling transactions for $1.91 million activity. Another trade for 518 shares valued at $55,048 was made by Penrose Jill R on Wednesday, June 20. Knudsen Jeannette L had sold 1,000 shares worth $108,285 on Friday, June 29. Stanziano Joseph also sold $101,850 worth of The J. M. Smucker Company (NYSE:SJM) shares. On Monday, June 11 DUNAWAY BARRY C sold $1.10M worth of The J. M. Smucker Company (NYSE:SJM) or 10,354 shares.

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

Among 9 analysts covering JM Smucker (NYSE:SJM), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. JM Smucker had 14 analyst reports since January 25, 2018 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Friday, June 8. Credit Suisse downgraded the stock to “Underperform” rating in Monday, April 16 report. The rating was maintained by Stifel Nicolaus on Thursday, January 25 with “Hold”. Stephens maintained The J. M. Smucker Company (NYSE:SJM) rating on Thursday, April 5. Stephens has “Hold” rating and $13000 target. The stock of The J. M. Smucker Company (NYSE:SJM) has “Underperform” rating given on Tuesday, June 5 by Credit Suisse. The company was maintained on Thursday, April 5 by Citigroup. Susquehanna maintained the shares of SJM in report on Monday, February 12 with “Buy” rating. JP Morgan maintained the shares of SJM in report on Tuesday, February 20 with “Sell” rating. On Tuesday, February 20 the stock rating was maintained by Deutsche Bank with “Hold”. The stock of The J. M. Smucker Company (NYSE:SJM) has “Underperform” rating given on Wednesday, June 27 by Credit Suisse. Below is a list of The J. M. Smucker Company (NYSE:SJM) latest ratings and price target changes.

27/06/2018 Broker: Credit Suisse Old Rating: Underperform New Rating: Underperform Old Target: $90 New Target: $95 Maintain
08/06/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $155 New Target: $127 Maintain
08/06/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $118 New Target: $97 Maintain
05/06/2018 Broker: Wells Fargo Rating: Hold New Target: $100.0000 Maintain
05/06/2018 Broker: Credit Suisse Old Rating: Underperform New Rating: Underperform Old Target: $115 New Target: $98 Maintain
16/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Underperform Old Target: $110 Downgrade
05/04/2018 Broker: Stephens Rating: Hold New Target: $130.0000 Maintain
05/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $146 New Target: $155 Maintain
20/02/2018 Broker: JP Morgan Old Rating: Sell New Rating: Sell Old Target: $121 New Target: $132 Maintain
20/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $120 New Target: $125 Maintain

The stock increased 1.21% or $1.33 during the last trading session, reaching $111.06. About 770,536 shares traded. The J. M. Smucker Company (NYSE:SJM) has declined 14.27% since July 14, 2017 and is downtrending. It has underperformed by 26.84% the S&P500.

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company has market cap of $12.61 billion. It operates through U.S. It has a 10.02 P/E ratio. Retail Coffee, U.S.

More news for The J. M. Smucker Company (NYSE:SJM) were recently published by: Seekingalpha.com, which released: “Susquehanna positive on JM Smucker” on July 02, 2018. Seekingalpha.com‘s article titled: “Banks lead group of expected dividend hikers next week” and published on July 13, 2018 is yet another important article.

The J. M. Smucker Company (NYSE:SJM) Institutional Positions Chart

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