Investors sold shares of J.M. Smucker Co. (NYSE:SJM) on strength during trading hours on Friday. $35.67 million flowed into the stock on the tick-up and $54.73 million flowed out of the stock on the tick-down, for a money net flow of $19.06 million out of the stock. Of all equities tracked, J.M. Smucker had the 0th highest net out-flow for the day. J.M. Smucker traded up $0.24 for the day and closed at $154.61

A number of equities research analysts have recently weighed in on the company. Credit Suisse Group AG reissued a “buy” rating on shares of J.M. Smucker in a report on Saturday, July 9th. Susquehanna reaffirmed a “hold” rating on shares of J.M. Smucker in a research note on Sunday, July 17th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of J.M. Smucker in a research note on Sunday, June 12th. Morgan Stanley reaffirmed a “hold” rating on shares of J.M. Smucker in a research note on Saturday, June 4th. Finally, Stephens reaffirmed a “buy” rating on shares of J.M. Smucker in a research note on Monday, June 13th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $148.10.

The firm has a 50 day moving average of $153.21 and a 200-day moving average of $136.57. The stock has a market cap of $18.00 billion and a P/E ratio of 26.84.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Friday, August 12th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.94%. This is a boost from J.M. Smucker’s previous quarterly dividend of $0.67. The ex-dividend date is Wednesday, August 10th.

In other J.M. Smucker news, Director Vincent C. Byrd sold 14,512 shares of the business’s stock in a transaction dated 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Steven Oakland sold 5,453 shares of the business’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $145.00, for a total value of $790,685.00. Following the sale, the insider now directly owns 46,968 shares of the company’s stock, valued at approximately $6,810,360. The disclosure for this sale can be found here.

A number of hedge funds recently added to or reduced their stakes in the stock. Calvert Investment Management Inc. raised its stake in J.M. Smucker by 51.7% in the fourth quarter. Calvert Investment Management Inc. now owns 8,127 shares of the company’s stock valued at $1,002,000 after buying an additional 2,770 shares in the last quarter. Advisors Asset Management Inc. raised its stake in J.M. Smucker by 166.9% in the fourth quarter. Advisors Asset Management Inc. now owns 18,926 shares of the company’s stock valued at $2,334,000 after buying an additional 11,836 shares in the last quarter. Utah Retirement Systems raised its stake in J.M. Smucker by 0.5% in the fourth quarter. Utah Retirement Systems now owns 21,515 shares of the company’s stock valued at $2,654,000 after buying an additional 100 shares in the last quarter. Stephens Inc. AR raised its stake in J.M. Smucker by 25.8% in the fourth quarter. Stephens Inc. AR now owns 23,926 shares of the company’s stock valued at $2,951,000 after buying an additional 4,902 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in J.M. Smucker by 179.9% in the fourth quarter. BNP Paribas Arbitrage SA now owns 49,364 shares of the company’s stock valued at $6,089,000 after buying an additional 31,725 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.

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