Martin Currie LTD Lifted Its Merck & Co (MRK) Holding; Tiaa Cref Investment Management Decreased Jm Smucker Co/The (SJM) Position

February 23, 2018 - By Linda Rogers

Tiaa Cref Investment Management Llc decreased Jm Smucker Co/The (SJM) stake by 6.26% reported in 2017Q3 SEC filing. Tiaa Cref Investment Management Llc sold 16,121 shares as Jm Smucker Co/The (SJM)’s stock declined 7.31%. The Tiaa Cref Investment Management Llc holds 241,216 shares with $25.31M value, down from 257,337 last quarter. Jm Smucker Co/The now has $14.08 billion valuation. The stock increased 0.86% or $1.06 during the last trading session, reaching $123.9. About 793,552 shares traded. The J. M. Smucker Company (NYSE:SJM) has declined 0.84% since February 23, 2017 and is downtrending. It has underperformed by 17.54% the S&P500.

Martin Currie Ltd increased Merck & Co Inc (MRK) stake by 2.69% reported in 2017Q3 SEC filing. Martin Currie Ltd acquired 5,000 shares as Merck & Co Inc (MRK)’s stock declined 2.46%. The Martin Currie Ltd holds 191,100 shares with $12.24M value, up from 186,100 last quarter. Merck & Co Inc now has $149.27 billion valuation. The stock increased 0.40% or $0.22 during the last trading session, reaching $54.79. About 2.81M shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 23, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.




Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.08, from 0.97 in 2017Q2. It turned negative, as 71 investors sold SJM shares while 231 reduced holdings. 80 funds opened positions while 189 raised stakes. 83.48 million shares or 2.45% more from 81.49 million shares in 2017Q2 were reported. Pacific Investment Mgmt Commerce holds 0.95% in The J. M. Smucker Company (NYSE:SJM) or 40,203 shares. Commonwealth Equity Svcs reported 52,605 shares. First Bank & Trust has invested 0.05% in The J. M. Smucker Company (NYSE:SJM). Caisse De Depot Et Placement Du Quebec invested in 0.01% or 43,421 shares. Boulegeris Invs Incorporated has invested 0.73% in The J. M. Smucker Company (NYSE:SJM). Goldman Sachs has 0.02% invested in The J. M. Smucker Company (NYSE:SJM) for 629,917 shares. Alphamark Limited Liability Company reported 530 shares stake. Commerzbank Aktiengesellschaft Fi has 0.01% invested in The J. M. Smucker Company (NYSE:SJM). Pictet Asset Mngmt invested in 0.02% or 56,412 shares. Cibc Ww Mkts Corporation holds 0.02% or 21,832 shares in its portfolio. Sumitomo Mitsui Asset Limited holds 0.02% or 9,214 shares in its portfolio. 4,808 were accumulated by Liberty Mutual Grp Asset Mgmt. Bessemer Gp has 0.34% invested in The J. M. Smucker Company (NYSE:SJM). Lincoln Natl Corp, a Pennsylvania-based fund reported 2,956 shares. First Commonwealth Fincl Corp Pa invested in 0.71% or 5,938 shares.

Analysts await The J. M. Smucker Company (NYSE:SJM) to report earnings on June, 14. They expect $2.13 EPS, up 18.33% or $0.33 from last year’s $1.8 per share. SJM’s profit will be $241.97M for 14.54 P/E if the $2.13 EPS becomes a reality. After $2.50 actual EPS reported by The J. M. Smucker Company for the previous quarter, Wall Street now forecasts -14.80% negative EPS growth.

Among 20 analysts covering J. M. Smucker Company (NYSE:SJM), 6 have Buy rating, 4 Sell and 10 Hold. Therefore 30% are positive. J. M. Smucker Company had 71 analyst reports since August 19, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Wednesday, December 16. The company was downgraded on Wednesday, July 19 by Stephens. The firm has “Sell” rating by JP Morgan given on Tuesday, February 20. On Wednesday, February 15 the stock rating was initiated by Deutsche Bank with “Hold”. Jefferies maintained The J. M. Smucker Company (NYSE:SJM) on Tuesday, October 3 with “Buy” rating. The rating was upgraded by Jefferies on Friday, July 28 to “Buy”. On Tuesday, March 21 the stock rating was downgraded by Bernstein to “Underperform”. The firm earned “Equal-Weight” rating on Tuesday, February 20 by Barclays Capital. Stifel Nicolaus maintained The J. M. Smucker Company (NYSE:SJM) on Wednesday, September 27 with “Hold” rating. The rating was downgraded by Goldman Sachs to “Sell” on Monday, April 4.

Tiaa Cref Investment Management Llc increased Tableau Software Inc (NYSE:DATA) stake by 49,540 shares to 169,137 valued at $12.67 million in 2017Q3. It also upped Shoe Carnival Inc (NASDAQ:SCVL) stake by 46,591 shares and now owns 99,429 shares. Cytomx Therapeutics Inc was raised too.

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