4,232 Shares in Jacobs Engineering Group Inc (JEC) Acquired by Zeke Capital Advisors LLC

Zeke Capital Advisors LLC bought a new stake in Jacobs Engineering Group Inc (NYSE:JEC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,232 shares of the construction company’s stock, valued at approximately $247,000.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Jacobs Engineering Group by 1.3% in the second quarter. Vanguard Group Inc. now owns 11,936,467 shares of the construction company’s stock valued at $649,225,000 after acquiring an additional 150,333 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Jacobs Engineering Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 3,171,451 shares of the construction company’s stock valued at $172,489,000 after acquiring an additional 20,995 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Jacobs Engineering Group by 26.2% in the second quarter. Victory Capital Management Inc. now owns 2,527,660 shares of the construction company’s stock valued at $137,479,000 after acquiring an additional 524,310 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Jacobs Engineering Group by 373.8% in the second quarter. Wells Fargo & Company MN now owns 2,377,957 shares of the construction company’s stock valued at $129,336,000 after acquiring an additional 1,876,081 shares in the last quarter. Finally, FIL Ltd lifted its position in shares of Jacobs Engineering Group by 7.8% in the second quarter. FIL Ltd now owns 2,239,124 shares of the construction company’s stock valued at $121,786,000 after acquiring an additional 162,167 shares in the last quarter. 85.14% of the stock is currently owned by institutional investors.

Several analysts have recently issued reports on JEC shares. ValuEngine upgraded Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 22nd. KeyCorp restated a “buy” rating and issued a $60.00 price objective on shares of Jacobs Engineering Group in a research report on Friday, August 25th. Argus restated a “buy” rating and issued a $73.00 price objective on shares of Jacobs Engineering Group in a research report on Monday, November 27th. They noted that the move was a valuation call. DA Davidson restated a “hold” rating and issued a $68.00 price objective on shares of Jacobs Engineering Group in a research report on Wednesday, November 22nd. They noted that the move was a valuation call. Finally, Citigroup set a $64.00 target price on Jacobs Engineering Group and gave the stock a “hold” rating in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $67.44.

Jacobs Engineering Group Inc (NYSE JEC) opened at $65.46 on Monday. Jacobs Engineering Group Inc has a 12-month low of $49.31 and a 12-month high of $66.20. The firm has a market capitalization of $7,885.71, a PE ratio of 20.27, a P/E/G ratio of 1.42 and a beta of 1.56. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.56.

Jacobs Engineering Group (NYSE:JEC) last released its earnings results on Tuesday, November 21st. The construction company reported $0.98 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.16. Jacobs Engineering Group had a return on equity of 9.18% and a net margin of 2.93%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.58 billion. During the same period in the prior year, the business posted $0.77 earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. analysts predict that Jacobs Engineering Group Inc will post 3.44 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, October 13th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.60 annualized dividend and a yield of 0.92%. Jacobs Engineering Group’s dividend payout ratio (DPR) is presently 24.69%.

In related news, Director Joseph R. Bronson sold 6,125 shares of the stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $63.01, for a total transaction of $385,936.25. Following the transaction, the director now directly owns 30,496 shares in the company, valued at $1,921,552.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.49% of the company’s stock.

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About Jacobs Engineering Group

Jacobs Engineering Group Inc is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company’s services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services.

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

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