LVM Capital Management Ltd. MI decreased its holdings in J M Smucker Co (NYSE:SJM) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 70,029 shares of the company’s stock after selling 2,445 shares during the quarter. J M Smucker makes up 2.0% of LVM Capital Management Ltd. MI’s portfolio, making the stock its 18th biggest position. LVM Capital Management Ltd. MI’s holdings in J M Smucker were worth $8,700,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SJM. Beach Investment Management LLC. acquired a new position in shares of J M Smucker in the second quarter worth about $730,000. Pacer Advisors Inc. increased its holdings in J M Smucker by 8.3% in the second quarter. Pacer Advisors Inc. now owns 2,648 shares of the company’s stock valued at $313,000 after buying an additional 203 shares during the last quarter. Commonwealth Bank of Australia increased its holdings in J M Smucker by 41.8% in the second quarter. Commonwealth Bank of Australia now owns 9,769 shares of the company’s stock valued at $1,154,000 after buying an additional 2,880 shares during the last quarter. AXA increased its holdings in J M Smucker by 101.9% in the second quarter. AXA now owns 40,230 shares of the company’s stock valued at $4,760,000 after buying an additional 20,300 shares during the last quarter. Finally, Dai Ichi Life Insurance Company Ltd increased its holdings in J M Smucker by 7.8% in the second quarter. Dai Ichi Life Insurance Company Ltd now owns 20,669 shares of the company’s stock valued at $2,446,000 after buying an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 74.99% of the company’s stock.

Several analysts recently weighed in on the company. Credit Suisse Group reissued a “market perform” rating and issued a $120.00 price objective (up from $110.00) on shares of J M Smucker in a report on Wednesday. UBS Group raised J M Smucker from a “neutral” rating to a “positive” rating in a report on Monday, November 13th. Morgan Stanley set a $106.00 target price on J M Smucker and gave the company a “sell” rating in a report on Friday, October 13th. Zacks Investment Research raised J M Smucker from a “sell” rating to a “hold” rating in a report on Friday, September 22nd. Finally, Stifel Nicolaus upped their target price on J M Smucker from $109.00 to $113.00 and gave the company a “hold” rating in a report on Friday, November 17th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $127.75.

In other news, SVP Jeannette L. Knudsen sold 1,600 shares of the stock in a transaction on Friday, December 28th. The stock was sold at an average price of $124.36, for a total value of $198,976.00. Following the completion of the sale, the senior vice president now owns 23,452 shares in the company, valued at $2,916,490.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David J. Lemmon sold 1,205 shares of the stock in a transaction on Saturday, December 29th. The shares were sold at an average price of $124.54, for a total value of $150,070.70. The disclosure for this sale can be found here. Insiders sold 5,610 shares of company stock valued at $698,093 over the last 90 days. 3.50% of the stock is currently owned by insiders.

Shares of J M Smucker Co (SJM) opened at $124.16 on Thursday. The firm has a market capitalization of $14,100.00, a P/E ratio of 25.13, a price-to-earnings-growth ratio of 2.15 and a beta of 0.66. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.96 and a quick ratio of 0.42. J M Smucker Co has a 52-week low of $99.57 and a 52-week high of $143.68.

J M Smucker (NYSE:SJM) last released its earnings results on Thursday, November 16th. The company reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.12. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.90 billion. J M Smucker had a return on equity of 11.98% and a net margin of 7.72%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.05 earnings per share. equities analysts predict that J M Smucker Co will post 7.8 EPS for the current fiscal year.

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About J M Smucker

The J. M. Smucker Company is a manufacturer and marketer of branded food and beverage products and pet food and pet snacks in North America. The Company’s segments include U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Foodservice. The Company’s U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America.

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Institutional Ownership by Quarter for J M Smucker (NYSE:SJM)

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