Jacobs Engineering Group Inc (NYSE:JEC): Institutional Investors Are Worried

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Sentiment for Jacobs Engineering Group Inc (NYSE:JEC)

Jacobs Engineering Group Inc (NYSE:JEC) institutional sentiment decreased to 0.75 in Q1 2019. Its down -0.02, from 0.77 in 2018Q4. The ratio dived, as 166 institutional investors increased and started new positions, while 221 sold and reduced their stakes in Jacobs Engineering Group Inc. The institutional investors in our partner’s database now own: 118.53 million shares, down from 121.16 million shares in 2018Q4. Also, the number of institutional investors holding Jacobs Engineering Group Inc in their top 10 positions increased from 10 to 15 for an increase of 5. Sold All: 41 Reduced: 180 Increased: 104 New Position: 62.

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company has market cap of $10.95 billion. It offers project services that include engineering, architectural, interiors, design, planning, and related services, as well as planning, scheduling, procurement, estimating, cost engineering, project accounting and delivery, safety, and other support services. It has a 17.09 P/E ratio. The firm also provides process, scientific, and systems consulting services, including performing pricing studies, market analyses, and financial projections in determining the feasibility of a project; performing gasoline reformulation modeling; analyzing and evaluating layout and mechanical creates for complex processing plants; analyzing automation and control systems; analyzing, designing, and executing bio containment strategies; developing and performing process protocols; and performing geological and metallurgical studies.

The stock decreased 3.65% or $3.06 during the last trading session, reaching $80.83. About 316,007 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 23.19% since August 14, 2018 and is uptrending. It has outperformed by 23.19% the S&P500.

Lodge Hill Capital Llc holds 7.8% of its portfolio in Jacobs Engineering Group Inc. for 379,500 shares. Hutchinson Capital Management Ca owns 246,158 shares or 5.57% of their US portfolio. Moreover, First Wilshire Securities Management Inc has 5.55% invested in the company for 216,616 shares. The Georgia-based Cacti Asset Management Llc has invested 5.23% in the stock. Lathrop Investment Management Corp, a Arkansas-based fund reported 210,004 shares.

Jacobs Engineering Group Inc. (NYSE:JEC) Ratings Coverage

Ratings analysis reveals 100% of Jacobs Engineering’s analysts are positive. Out of 7 Wall Street analysts rating Jacobs Engineering, 7 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $82 while the high is $10000. The stock’s average target of $87.14 is 7.81% above today’s ($80.83) share price. JEC was included in 15 notes of analysts from February 19, 2019. Credit Suisse maintained Jacobs Engineering Group Inc. (NYSE:JEC) on Tuesday, August 6 with “Outperform” rating. The stock has “Overweight” rating by KeyBanc Capital Markets on Wednesday, May 8. The rating was maintained by M Partners on Tuesday, February 26 with “Buy”. The firm earned “Overweight” rating on Tuesday, April 30 by Barclays Capital. The stock has “Buy” rating by Citigroup on Wednesday, February 20. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) has “Buy” rating given on Tuesday, February 19 by Barclays Capital. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) has “Buy” rating given on Tuesday, March 19 by M Partners. The stock has “Buy” rating by Robert W. Baird on Wednesday, February 20. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) earned “Overweight” rating by KeyBanc Capital Markets on Tuesday, July 23. Cowen & Co maintained it with “Buy” rating and $82 target in Wednesday, February 20 report.

More notable recent Jacobs Engineering Group Inc. (NYSE:JEC) news were published by: 247Wallst.com which released: “10 Serious Earnings Season Winners from the Week of August 10 – 24/7 Wall St.” on August 10, 2019, also Prnewswire.com with their article: “Jacobs Declares Quarterly Dividend – PRNewswire” published on May 02, 2019, Finance.Yahoo.com published: “Why We’re Not Keen On Jacobs Engineering Group Inc.’s (NYSE:JEC) 7.1% Return On Capital – Yahoo News” on January 23, 2019. More interesting news about Jacobs Engineering Group Inc. (NYSE:JEC) were released by: Seekingalpha.com and their article: “Jacobs progresses portfolio transformation – Seeking Alpha” published on April 29, 2019 as well as Finance.Yahoo.com‘s news article titled: “See what the IHS Markit Score report has to say about Jacobs Engineering Group Inc. – Yahoo Finance” with publication date: June 11, 2019.

Jacobs Engineering Group Inc. (NYSE:JEC) Institutional Positions Chart

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