David J. Lemmon Sells 1,205 Shares of J M Smucker Co (SJM) Stock

J M Smucker Co (NYSE:SJM) insider David J. Lemmon sold 1,205 shares of J M Smucker stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $124.54, for a total transaction of $150,070.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

David J. Lemmon also recently made the following trade(s):

  • On Saturday, December 29th, David J. Lemmon sold 1,205 shares of J M Smucker stock. The shares were sold at an average price of $124.54, for a total transaction of $150,070.70.

Shares of J M Smucker Co (NYSE SJM) opened at $123.40 on Thursday. J M Smucker Co has a 52-week low of $99.57 and a 52-week high of $143.68. The company has a market cap of $14,000.00, a PE ratio of 24.98, a price-to-earnings-growth ratio of 2.12 and a beta of 0.66. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.42 and a current ratio of 0.96.

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

Several hedge funds have recently added to or reduced their stakes in the business. Roberts Glore & Co. Inc. IL raised its position in shares of J M Smucker by 2.7% during the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 2,508 shares of the company’s stock worth $297,000 after buying an additional 65 shares in the last quarter. Bradley Foster & Sargent Inc. CT raised its position in shares of J M Smucker by 2.5% during the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 3,284 shares of the company’s stock worth $389,000 after buying an additional 81 shares in the last quarter. Rowland & Co. Investment Counsel ADV raised its position in shares of J M Smucker by 1.5% during the 2nd quarter. Rowland & Co. Investment Counsel ADV now owns 6,044 shares of the company’s stock worth $717,000 after buying an additional 88 shares in the last quarter. Bontempo Ohly Capital Mgmt LLC raised its position in shares of J M Smucker by 0.8% during the 2nd quarter. Bontempo Ohly Capital Mgmt LLC now owns 14,519 shares of the company’s stock worth $1,718,000 after buying an additional 109 shares in the last quarter. Finally, Thrivent Financial For Lutherans raised its position in shares of J M Smucker by 2.9% during the 2nd quarter. Thrivent Financial For Lutherans now owns 4,691 shares of the company’s stock worth $555,000 after buying an additional 130 shares in the last quarter. Institutional investors own 75.02% of the company’s stock.

Several analysts recently weighed in on SJM shares. Zacks Investment Research upgraded shares of J M Smucker from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Morgan Stanley set a $106.00 price objective on shares of J M Smucker and gave the company a “sell” rating in a research report on Friday, October 13th. Susquehanna Bancshares upgraded shares of J M Smucker from a “neutral” rating to a “positive” rating and lifted their price objective for the company from $110.00 to $127.00 in a research report on Monday, November 13th. Jefferies Group set a $130.00 price objective on shares of J M Smucker and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, Credit Suisse Group set a $110.00 price objective on shares of J M Smucker and gave the company a “hold” rating in a research report on Friday, November 17th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $126.00.

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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.

Insider Buying and Selling by Quarter for J M Smucker (NYSE:SJM)

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