Capital Asset Advisory Services LLC acquired a new position in Jacobs Engineering Group Inc. (NYSE:J) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 907 shares of the company’s stock, valued at approximately $99,000.

Several other institutional investors have also recently modified their holdings of the business. UBS Asset Management Americas Inc. raised its position in shares of Jacobs Engineering Group by 3.7% in the fourth quarter. UBS Asset Management Americas Inc. now owns 504,037 shares of the company’s stock worth $54,920,000 after acquiring an additional 18,176 shares during the period. Perpetual Investment Management Limited acquired a new position in shares of Jacobs Engineering Group during the 4th quarter worth about $4,518,000. ZWJ Investment Counsel Inc. raised its position in shares of Jacobs Engineering Group by 1.9% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 316,654 shares of the company’s stock worth $34,503,000 after purchasing an additional 6,013 shares during the last quarter. Patton Albertson Miller Group LLC acquired a new position in shares of Jacobs Engineering Group during the 4th quarter worth about $281,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Jacobs Engineering Group by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,279,384 shares of the company’s stock worth $139,388,000 after purchasing an additional 14,324 shares during the last quarter. Institutional investors and hedge funds own 86.97% of the company’s stock.

J stock opened at $131.45 on Thursday. The firm has a 50-day moving average of $121.67 and a two-hundred day moving average of $108.41. Jacobs Engineering Group Inc. has a 12 month low of $69.17 and a 12 month high of $133.76. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.29. The company has a market cap of $17.10 billion, a price-to-earnings ratio of 35.43, a PEG ratio of 1.76 and a beta of 0.90.

Jacobs Engineering Group (NYSE:J) last posted its quarterly earnings results on Monday, February 8th. The company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.16. Jacobs Engineering Group had a net margin of 3.63% and a return on equity of 12.43%. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the prior year, the company posted $1.20 EPS. The business’s revenue for the quarter was up .6% on a year-over-year basis. As a group, equities analysts forecast that Jacobs Engineering Group Inc. will post 5.75 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 26th. Stockholders of record on Friday, February 26th were paid a $0.21 dividend. This is a boost from Jacobs Engineering Group’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, February 25th. This represents a $0.84 annualized dividend and a dividend yield of 0.64%. Jacobs Engineering Group’s dividend payout ratio is 15.33%.

Several research analysts recently weighed in on J shares. Robert W. Baird downgraded shares of Jacobs Engineering Group from an “outperform” rating to a “neutral” rating and set a $118.00 price target for the company. in a research report on Tuesday, January 5th. Benchmark upped their price target on shares of Jacobs Engineering Group from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, March 11th. Barclays upped their price target on shares of Jacobs Engineering Group from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, January 15th. Finally, Credit Suisse Group upped their price target on shares of Jacobs Engineering Group from $131.00 to $134.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $116.38.

In other news, SVP Michael R. Tyler sold 4,125 shares of the stock in a transaction that occurred on Wednesday, March 10th. The shares were sold at an average price of $122.11, for a total value of $503,703.75. Following the completion of the sale, the senior vice president now owns 26,879 shares of the company’s stock, valued at approximately $3,282,194.69. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.

Jacobs Engineering Group Company Profile

Jacobs Engineering Group Inc provides consulting, technical, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, rest of Asia, Australia, New Zealand, South America, Mexico, the Middle East, and Africa. The company operates in two segments, Critical Mission Solutions and People & Places Solutions.

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Institutional Ownership by Quarter for Jacobs Engineering Group (NYSE:J)

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