October 16, 2018

Analyst Opinion Summary: Fred's, Inc. (FRED), The JM Smucker Company (SJM)

14 November 2017, 07:20 | Hattie Nash

Analyst Opinion Summary: Fred's, Inc. (FRED), The JM Smucker Company (SJM)

J.M. Smucker

APG Asset Management N.V. decreased its position in J.M. Smucker Company (The) (NYSE:SJM) by 90.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. J M Smuckers Co. now has $12.02 billion valuation. The stock rose 1.33% or $1.42 reaching $107.87 per share. About 814,583 shares traded. Stockholders of record on Friday, November 10th will be issued a $0.78 dividend. It has underperformed by 17.54% the S&P500.

Among 6 analysts covering National Storage Affiliates Trust (NYSE:NSA), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 53% are positive. General Electric Company had 75 analyst reports since July 21, 2015 according to SRatingsIntel. Zacks Investment Research downgraded J.M. Smucker Company (The) from a "hold" rating to a "sell" rating in a research note on Tuesday, August 29th. The firm has "Hold" rating by FBR Capital given on Tuesday, November 7. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. On Thursday, March 23 the stock rating was initiated by UBS with "Neutral". The stock now has an average rating of "Hold" and a consensus price target of $123.73.

EMC Insurance Group an insurance holding company. Goldman Sachs downgraded the shares of SJM in report on Monday, April 4 to "Sell" rating. The rating was maintained by Jefferies on Thursday, June 29 with "Hold".

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Among 18 analysts covering J. M. Smucker Company (NYSE:SJM), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 63% are positive. Lowe Brockenbrough & Company Inc acquired 7,980 shares as Smucker J M Co Com New (SJM)'s stock declined 7.31%. Credit Suisse maintained it with "Outperform" rating and $133 target in Wednesday, September 16 report. The stock has "Buy" rating by Jefferies on Tuesday, June 6. Jefferies has "Hold" rating and $22 target. The rating was maintained by RBC Capital Markets on Monday, October 26 with "Sector Perform". The firm has "Equal-Weight" rating by Morgan Stanley given on Friday, June 3. The rating was maintained by Piper Jaffray with "Hold" on Monday, September 11. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Monday, July 17 by Oppenheimer.

Investors sentiment decreased to 0.97 in Q2 2017. The company reported $1.51 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.61 by ($0.10). It increased, as 16 investors sold Rexnord Corp shares while 45 reduced holdings. 70 funds opened positions while 222 raised stakes. They expect $1.89 EPS, down 7.80% or $0.16 from last year's $2.05 per share. Eqis Mgmt Incorporated invested in 8,958 shares or 0.06% of the stock. The Norway-based Dnb Asset Mngmt As has invested 0% in J M Smucker Co (NYSE:SJM). Also, Director Gary A. Oatey bought 1,000 shares of J.M. Smucker Company (The) stock in a transaction on Monday, September 11th. Baxter Bros has invested 0.08% in J M Smucker Co (NYSE:SJM). (NYSE:ALV). Prentiss Smith Inc has invested 0.04% in Autoliv Inc. 3,711 were accumulated by Duncker Streett. The firm owned 538,599 shares of the company's stock after buying an additional 4,200 shares during the period. Auxier Asset Management holds 0.31% or 13,000 shares in its portfolio.

Cardinal Capital Management Inc reported 107,695 shares or 1.29% of all its holdings. Geode Management Lc reported 802,003 shares. Cornerstone Advisors invested in 21 shares or 0% of the stock. Bradley Foster Sargent Ct reported 0.02% stake.

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J.M. Smucker (NYSE:SJM) last issued its earnings results on Tuesday, August 23rd. LLC grew its holdings in shares of J.M. Smucker Company (The) by 4.5% during the second quarter. SJM's profit will be $214.75M for 14.09 P/E if the $1.89 EPS becomes a reality. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.74 by $0.12.

Investors sentiment increased to 1.23 in Q2 2017. Its down 0.07, from 1.5 in 2017Q1. American International Group Inc trimmed its stake by shedding 7,328 shares a decrease of 15.4% in the quarter. 29 funds opened positions while 69 raised stakes. 104.65 million shares or 0.35% more from 104.29 million shares in 2017Q1 were reported. Bank has invested 0% in QEP Resources Inc (NYSE:QEP). Moreover, Great West Life Assurance Can has 0.01% invested in Autoliv Inc. Old Second Natl Bank Of Aurora accumulated 300 shares. CIBC Asset Management Inc now owns 12,171 shares of the company's stock worth $1,440,000 after purchasing an additional 31 shares during the period. Arizona State Retirement System invested 0.01% in QEP Resources Inc (NYSE:QEP). Mengis Cap has 47,865 shares for 3.1% of their portfolio. Cognios Capital Limited Liability Company reported 18,324 shares. Wells Fargo Co Mn holds 0.01% or 2.09 million shares. (NYSE:JPM). Fred Alger Mgmt Incorporated has invested 0.5% of its portfolio in JPMorgan Chase & Co. 87,233 are owned by Barclays Public. Fiera Cap owns 276,041 shares or 0.15% of their USA portfolio.

ILLEGAL ACTIVITY NOTICE: This article was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. Engineers Gate Manager Ltd Partnership holds 174,847 shares.

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