J M Smucker Co (NYSE:SJM) insider David J. Lemmon sold 1,205 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $124.54, for a total value of $150,070.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 value of $150,070.70.

Shares of J M Smucker Co (NYSE:SJM) traded down $0.52 during midday trading on Tuesday, hitting $123.72. The stock had a trading volume of 871,969 shares, compared to its average volume of 683,650. The company has a market capitalization of $14,050.00, a price-to-earnings ratio of 25.04, a P/E/G ratio of 2.13 and a beta of 0.67. 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 Co has a one year low of $99.57 and a one year high of $143.68.

J M Smucker (NYSE:SJM) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.90 billion. During the same quarter last year, the company earned $2.05 EPS. The company’s revenue was up .5% on a year-over-year basis. research analysts predict that J M Smucker Co will post 7.79 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. increased its stake in J M Smucker by 7.6% during the 2nd quarter. BlackRock Inc. now owns 8,162,040 shares of the company’s stock worth $965,814,000 after acquiring an additional 578,984 shares during the period. Dai Ichi Life Insurance Company Ltd increased its stake in J M Smucker by 7.8% during the 2nd quarter. Dai Ichi Life Insurance Company Ltd now owns 20,669 shares of the company’s stock worth $2,446,000 after acquiring an additional 1,500 shares during the period. Koch Industries Inc. bought a new position in J M Smucker during the 2nd quarter worth $495,000. Swiss National Bank increased its stake in J M Smucker by 2.6% during the 2nd quarter. Swiss National Bank now owns 534,399 shares of the company’s stock worth $63,235,000 after acquiring an additional 13,300 shares during the period. Finally, Victory Capital Management Inc. increased its stake in J M Smucker by 17.2% during the 2nd quarter. Victory Capital Management Inc. now owns 15,602 shares of the company’s stock worth $1,846,000 after acquiring an additional 2,295 shares during the period. Hedge funds and other institutional investors own 75.02% of the company’s stock.

A number of research firms have recently issued reports on SJM. Susquehanna Bancshares set a $141.00 price objective on J M Smucker and gave the company a “buy” rating in a research report on Friday, December 8th. Stifel Nicolaus raised their price objective on J M Smucker from $109.00 to $113.00 and gave the company a “hold” rating in a research report on Friday, November 17th. Jefferies Group set a $130.00 price objective on J M Smucker and gave the company a “buy” rating in a research report on Monday, October 30th. Morgan Stanley set a $112.00 target price on J M Smucker and gave the stock a “sell” rating in a research note on Friday, November 17th. Finally, UBS Group upgraded J M Smucker from a “neutral” rating to a “positive” rating in a research note on Monday, November 13th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $126.00.

TRADEMARK VIOLATION NOTICE: “J M Smucker Co (SJM) Insider David J. Lemmon Sells 1,205 Shares” was published by American Banking News and is the property of of American Banking News. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/01/02/j-m-smucker-co-sjm-insider-david-j-lemmon-sells-1205-shares.html.

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)

Receive News & Ratings for J M Smucker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J M Smucker and related companies with MarketBeat.com's FREE daily email newsletter.