National Pension Service grew its holdings in J M Smucker Co (NYSE:SJM) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 132,911 shares of the company’s stock after acquiring an additional 18,984 shares during the quarter. National Pension Service’s holdings in J M Smucker were worth $16,513,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Roberts Glore & Co. Inc. IL boosted its holdings in J M Smucker by 2.7% in the second quarter. Roberts Glore & Co. Inc. IL now owns 2,508 shares of the company’s stock worth $297,000 after acquiring an additional 65 shares in the last quarter. Rowland & Co. Investment Counsel ADV boosted its holdings in J M Smucker by 1.5% in the second quarter. Rowland & Co. Investment Counsel ADV now owns 6,044 shares of the company’s stock worth $717,000 after acquiring an additional 88 shares in the last quarter. Bontempo Ohly Capital Mgmt LLC boosted its holdings in J M Smucker by 0.8% in the second quarter. Bontempo Ohly Capital Mgmt LLC now owns 14,519 shares of the company’s stock worth $1,718,000 after acquiring an additional 109 shares in the last quarter. Thrivent Financial For Lutherans boosted its holdings in J M Smucker by 2.9% in the second quarter. Thrivent Financial For Lutherans now owns 4,691 shares of the company’s stock worth $555,000 after acquiring an additional 130 shares in the last quarter. Finally, Pinebridge Investments L.P. boosted its holdings in J M Smucker by 1.8% in the second quarter. Pinebridge Investments L.P. now owns 10,811 shares of the company’s stock worth $1,280,000 after acquiring an additional 186 shares in the last quarter. 75.32% of the stock is owned by institutional investors and hedge funds.

In other J M Smucker news, SVP Jeannette L. Knudsen sold 1,600 shares of the business’s stock in a transaction that occurred on Thursday, 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 transaction, the senior vice president now directly owns 23,452 shares of the company’s stock, valued at $2,916,490.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David J. Lemmon sold 1,205 shares of the business’s stock in a transaction that occurred 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 three months. 3.50% of the stock is currently owned by corporate insiders.

Several equities research analysts have weighed in on the company. Credit Suisse Group set a $120.00 price target on J M Smucker and gave the stock a “hold” rating in a report on Wednesday, January 10th. Susquehanna Bancshares set a $141.00 price target on J M Smucker and gave the stock a “buy” rating in a report on Friday, December 8th. Stifel Nicolaus lifted their target price on J M Smucker from $109.00 to $113.00 and gave the stock a “hold” rating in a report on Friday, November 17th. Jefferies Group set a $130.00 target price on J M Smucker and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Morgan Stanley set a $112.00 target price on J M Smucker and gave the stock a “sell” rating in a report on Friday, November 17th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $127.75.

Shares of J M Smucker Co (NYSE SJM) opened at $127.38 on Tuesday. The company has a current ratio of 0.96, a quick ratio of 0.42 and a debt-to-equity ratio of 0.61. J M Smucker Co has a twelve month low of $99.57 and a twelve month high of $143.68. The company has a market capitalization of $14,470.00, a PE ratio of 25.79, a P/E/G ratio of 2.18 and a beta of 0.66.

J M Smucker (NYSE:SJM) last released its earnings results on Thursday, November 16th. The company reported $2.02 EPS for the quarter, topping the Zacks’ consensus estimate of $1.90 by $0.12. J M Smucker had a return on equity of 11.98% and a net margin of 7.72%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the previous year, the company posted $2.05 earnings per share. The company’s revenue was up .5% compared to the same quarter last year. analysts expect that J M Smucker Co will post 7.79 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Friday, February 9th will be issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Thursday, February 8th. J M Smucker’s payout ratio is presently 63.16%.

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J M Smucker Profile

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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