Scout Investments Trimmed By $22.20 Million Its Jm Smucker Co (SJM) Holding; 5 Analysts Are Bullish Rexnord (RXN) Last Week

November 14, 2017 - By Adrian Mccoy

Among 8 analysts covering Rexnord Corporation (NYSE:RXN), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Rexnord Corporation had 23 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Wedbush with “Neutral” on Thursday, February 4. The company was initiated on Tuesday, November 3 by SunTrust. The company was downgraded on Thursday, October 15 by Oppenheimer. The company was maintained on Monday, July 18 by Barclays Capital. As per Tuesday, November 8, the company rating was upgraded by Robert W. Baird. The company was upgraded on Monday, October 24 by Barclays Capital. The rating was downgraded by Robert W. Baird on Thursday, June 23 to “Neutral”. The stock has “Buy” rating by Robert W. Baird on Thursday, August 24. The stock has “Equal-Weight” rating by Barclays Capital on Monday, October 5. The firm has “Buy” rating given on Tuesday, November 3 by Suntrust Robinson. See Rexnord Corp (NYSE:RXN) latest ratings:

02/11/2017 Broker: SunTrust Rating: Buy New Target: $33.0 Maintain
26/10/2017 Broker: SunTrust Rating: Buy New Target: $28.0 Maintain
13/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $29.0 Maintain
24/08/2017 Broker: Robert W. Baird Rating: Buy New Target: $27.0 Maintain
03/08/2017 Broker: Oppenheimer Rating: Hold
21/07/2017 Broker: Janney Capital Rating: Buy New Target: $27 Initiates Coverage On

Scout Investments Inc decreased Jm Smucker Co (SJM) stake by 80.75% reported in 2017Q2 SEC filing. Scout Investments Inc sold 188,139 shares as Jm Smucker Co (SJM)’s stock declined 7.31%. The Scout Investments Inc holds 44,861 shares with $5.31 million value, down from 233,000 last quarter. Jm Smucker Co now has $12.19B valuation. The stock rose 0.81% or $0.86 reaching $107.31. About 101,225 shares traded. J M Smucker Co (NYSE:SJM) has declined 0.84% since November 14, 2016 and is downtrending. It has underperformed by 17.54% the S&P500.

Scout Investments Inc increased Dycom Inds Inc (NYSE:DY) stake by 235,601 shares to 288,107 valued at $25.79M in 2017Q2. It also upped Jgc Corp (JGCCY) stake by 10,709 shares and now owns 85,807 shares. Monster Beverage Corp was raised too.

Investors sentiment decreased to 0.97 in Q2 2017. Its down 0.15, from 1.12 in 2017Q1. It worsened, as 69 investors sold SJM shares while 233 reduced holdings. 70 funds opened positions while 222 raised stakes. 81.49 million shares or 1.91% less from 83.08 million shares in 2017Q1 were reported. Aqr Cap Mgmt Ltd Com accumulated 0.06% or 389,181 shares. 11,820 are held by Texan. Deprince Race And Zollo invested 0.58% in J M Smucker Co (NYSE:SJM). Moller Finance Service reported 1,778 shares. Old Second Natl Bank Of Aurora accumulated 300 shares. Bnp Paribas Arbitrage Sa holds 0.02% or 60,384 shares. Gabelli Funds Ltd Liability Com invested 0.09% of its portfolio in J M Smucker Co (NYSE:SJM). Moreover, Gulf Int Natl Bank (Uk) Limited has 0.06% invested in J M Smucker Co (NYSE:SJM) for 35,796 shares. Benjamin F Edwards & owns 18,487 shares. Ameritas Invest Prns holds 2,705 shares or 0.02% of its portfolio. Credit Agricole S A holds 339,225 shares or 0.13% of its portfolio. Nomura Asset Mngmt holds 15,328 shares. Moreover, Kdi Cap Prns Limited Liability Corp has 3.64% invested in J M Smucker Co (NYSE:SJM) for 90,104 shares. First Personal Financial Services owns 155 shares for 0% of their portfolio. Tdam Usa Incorporated has invested 0.02% in J M Smucker Co (NYSE:SJM).

Analysts await J M Smucker Co (NYSE:SJM) to report earnings on November, 16 before the open. They expect $1.89 earnings per share, down 7.80% or $0.16 from last year’s $2.05 per share. SJM’s profit will be $214.70 million for 14.19 P/E if the $1.89 EPS becomes a reality. After $1.51 actual earnings per share reported by J M Smucker Co for the previous quarter, Wall Street now forecasts 25.17% EPS growth.

Among 18 analysts covering J. M. Smucker Company (NYSE:SJM), 6 have Buy rating, 3 Sell and 9 Hold. Therefore 33% are positive. J. M. Smucker Company had 60 analyst reports since August 19, 2015 according to SRatingsIntel. The stock has “Sell” rating by Morgan Stanley on Monday, August 21. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, June 3. JP Morgan maintained the shares of SJM in report on Monday, June 20 with “Sell” rating. The firm has “Hold” rating given on Thursday, June 1 by Credit Suisse. The firm has “Buy” rating given on Monday, October 30 by Jefferies. The stock of J M Smucker Co (NYSE:SJM) earned “Hold” rating by Deutsche Bank on Wednesday, February 15. The firm has “Long-Term Buy” rating by Hilliard Lyons given on Tuesday, July 11. Credit Suisse maintained the shares of SJM in report on Monday, July 3 with “Neutral” rating. Susquehanna maintained the shares of SJM in report on Wednesday, May 31 with “Hold” rating. The firm has “Outperform” rating given on Wednesday, August 19 by Credit Suisse.

About 110,118 shares traded. Rexnord Corp (NYSE:RXN) has risen 17.47% since November 14, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.

Investors sentiment increased to 1.48 in Q2 2017. Its up 0.49, from 0.99 in 2017Q1. It increased, as 16 investors sold Rexnord Corp shares while 45 reduced holdings. 37 funds opened positions while 53 raised stakes. 104.65 million shares or 0.35% more from 104.29 million shares in 2017Q1 were reported. Scotia accumulated 24,168 shares. Amer Century Cos holds 0.01% of its portfolio in Rexnord Corp (NYSE:RXN) for 521,438 shares. Manufacturers Life Ins The holds 0% or 79,761 shares. Geode Management Lc reported 802,003 shares. Great West Life Assurance Can stated it has 10,925 shares. Pacad Invest reported 2,900 shares. Hsbc Public Ltd Liability Co reported 10,694 shares stake. Glob X Management Com Limited Liability owns 3,280 shares. Nj State Employees Deferred Compensation Plan accumulated 15,000 shares or 0.07% of the stock. Aperio Gp reported 9,774 shares. Point72 Asia (Hong Kong) Limited owns 0% invested in Rexnord Corp (NYSE:RXN) for 4 shares. Prelude Cap Mngmt Limited Liability invested in 0% or 1,284 shares. Legal And General Grp Inc Public Limited Liability holds 72,376 shares or 0% of its portfolio. Vanguard Group has 0.01% invested in Rexnord Corp (NYSE:RXN). International invested in 0.01% or 64,608 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: