J.M. Smucker Co. (NYSE:SJM) traded down 1% on Tuesday . The company traded as low as $151.63 and last traded at $151.75, with a volume of 616,292 shares changing hands. The stock had previously closed at $153.25.

A number of equities research analysts have weighed in on the company. Deutsche Bank AG reissued a “buy” rating and set a $143.00 price objective (up previously from $137.00) on shares of J.M. Smucker in a report on Friday, June 3rd. Stifel Nicolaus reissued a “hold” rating on shares of J.M. Smucker in a report on Monday, June 13th. Goldman Sachs Group Inc. downgraded J.M. Smucker from a “neutral” rating to a “sell” rating and cut their price objective for the company from $124.00 to $120.00 in a report on Monday, April 4th. Hilliard Lyons downgraded J.M. Smucker from a “neutral” rating to an “underperform” rating in a report on Thursday, June 23rd. Finally, Morgan Stanley reissued a “hold” rating on shares of J.M. Smucker in a report on Saturday, June 4th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. J.M. Smucker has a consensus rating of “Hold” and a consensus target price of $145.70.

The firm has a market capitalization of $17.68 billion and a PE ratio of 26.36. The firm has a 50-day moving average of $142.28 and a 200-day moving average of $130.63.

J.M. Smucker (NYSE:SJM) last released its quarterly earnings data on Thursday, June 9th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.67. During the same quarter in the prior year, the business posted $0.98 earnings per share. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.75 billion. The firm’s revenue for the quarter was up 24.9% compared to the same quarter last year. On average, equities research analysts predict that J.M. Smucker Co. will post $7.70 earnings per share for the current year.

In other J.M. Smucker news, VP John W. Denman sold 250 shares of the firm’s stock in a transaction dated Friday, April 15th. The shares were sold at an average price of $127.55, for a total transaction of $31,887.50. Following the completion of the sale, the vice president now directly owns 13,650 shares in the company, valued at approximately $1,741,057.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Vincent C. Byrd sold 14,512 shares of J.M. Smucker stock in a transaction that occurred on Monday, June 13th. The stock was sold at an average price of $144.55, for a total transaction of $2,097,709.60. Following the completion of the sale, the director now owns 69,670 shares of the company’s stock, valued at $10,070,798.50. The disclosure for this sale can be found here.

Several hedge funds recently made changes to their positions in SJM. Commerzbank Aktiengesellschaft FI raised its stake in shares of J.M. Smucker by 70.0% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 10,461 shares of the company’s stock worth $1,290,000 after buying an additional 4,309 shares in the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of J.M. Smucker by 2.8% in the fourth quarter. Ameritas Investment Partners Inc. now owns 11,568 shares of the company’s stock worth $1,426,000 after buying an additional 310 shares in the last quarter. Advantus Capital Management Inc raised its stake in shares of J.M. Smucker by 20.1% in the fourth quarter. Advantus Capital Management Inc now owns 11,581 shares of the company’s stock worth $1,428,000 after buying an additional 1,938 shares in the last quarter. Chartwell Investment Partners LLC raised its stake in shares of J.M. Smucker by 32.3% in the fourth quarter. Chartwell Investment Partners LLC now owns 12,990 shares of the company’s stock worth $1,602,000 after buying an additional 3,175 shares in the last quarter. Finally, Sawtooth Asset Management Inc. raised its stake in shares of J.M. Smucker by 395.5% in the fourth quarter. Sawtooth Asset Management Inc. now owns 13,348 shares of the company’s stock worth $1,646,000 after buying an additional 10,654 shares in the last quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.