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Sprucegrove Investment Management LTD Has Cut Its Holding in Jacobs Engr Group (JEC) by $446,600; Horizon Investments Increased Its Torchmark Com (TMK) Holding by $336,150 as Market Value Declined

Sprucegrove Investment Management Ltd decreased its stake in Jacobs Engr Group (JEC) by 2.09% based on its latest 2017Q3 regulatory filing with the SEC. Sprucegrove Investment Management Ltd sold 7,700 shares as the company’s stock declined 7.98% while stock markets rallied. The institutional investor held 360,439 shares of the military and government and technical company at the end of 2017Q3, valued at $21.00 million, down from 368,139 at the end of the previous reported quarter. Sprucegrove Investment Management Ltd who had been investing in Jacobs Engr Group for a number of months, seems to be less bullish one the $8.87 billion market cap company. The stock increased 0.90% or $0.56 during the last trading session, reaching $62.62. About 690,696 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 8.36% since February 22, 2017 and is uptrending. It has underperformed by 8.34% the S&P500.

Horizon Investments Llc increased its stake in Torchmark Corp Com (TMK) by 58.77% based on its latest 2017Q3 regulatory filing with the SEC. Horizon Investments Llc bought 4,482 shares as the company’s stock declined 3.57% while stock markets rallied. The institutional investor held 12,108 shares of the life insurance company at the end of 2017Q3, valued at $911,000, up from 7,626 at the end of the previous reported quarter. Horizon Investments Llc who had been investing in Torchmark Corp Com for a number of months, seems to be bullish on the $9.92B market cap company. The stock decreased 0.29% or $0.25 during the last trading session, reaching $85.92. About 328,975 shares traded. Torchmark Corporation (NYSE:TMK) has risen 25.88% since February 22, 2017 and is uptrending. It has outperformed by 9.18% the S&P500.

Horizon Investments Llc, which manages about $1.50B and $1.74B US Long portfolio, decreased its stake in Dte Energy Co Com (NYSE:DTE) by 3,677 shares to 6,362 shares, valued at $671,000 in 2017Q3, according to the filing. It also reduced its holding in Vanguard Index Fds Small Cp Et (VB) by 24,229 shares in the quarter, leaving it with 225,804 shares, and cut its stake in 3M Co Com (NYSE:MMM).

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.07, from 0.89 in 2017Q2. It turned negative, as 26 investors sold TMK shares while 151 reduced holdings. 34 funds opened positions while 112 raised stakes. 79.21 million shares or 1.66% less from 80.55 million shares in 2017Q2 were reported. Boston Advisors Limited Co holds 0.01% or 3,825 shares. 53,230 were reported by Apg Asset Nv. Highvista Strategies Ltd Liability reported 3,900 shares. Dreman Value L L C reported 83 shares. Synovus Financial Corporation holds 19,793 shares. Gulf Intl State Bank (Uk) holds 36,537 shares. Convergence Ltd Liability Corporation reported 26,066 shares stake. Sun Life Inc has invested 0.01% in Torchmark Corporation (NYSE:TMK). Srb Corp invested in 0.02% or 2,306 shares. Welch Forbes Ltd Llc holds 3,025 shares. Pennsylvania Co has invested 0.03% in Torchmark Corporation (NYSE:TMK). The Oregon-based Oregon Employees Retirement Fund has invested 0.04% in Torchmark Corporation (NYSE:TMK). Profund Ltd Co has invested 0.01% in Torchmark Corporation (NYSE:TMK). Tower Research Cap Limited Liability (Trc) holds 155 shares or 0% of its portfolio. Fuller Thaler Asset Management holds 1,800 shares.

Since October 26, 2017, it had 0 insider buys, and 15 sales for $30.44 million activity. 37,500 Torchmark Corporation (NYSE:TMK) shares with value of $3.12 million were sold by COLEMAN GARY L. Another trade for 11,000 shares valued at $930,324 was sold by DICHIARO STEVEN JOHN. The insider LEAVELL BILL sold $1.58M. The insider MITCHELL ROBERT BRIAN sold $1.59M. Another trade for 30,000 shares valued at $2.54M was sold by SMITH ROGER C. $4.41M worth of Torchmark Corporation (NYSE:TMK) shares were sold by PRESSLEY W MICHAEL.

Among 11 analysts covering Torchmark Corporation (NYSE:TMK), 0 have Buy rating, 4 Sell and 7 Hold. Therefore 0 are positive. Torchmark Corporation had 32 analyst reports since July 29, 2015 according to SRatingsIntel. Goldman Sachs initiated Torchmark Corporation (NYSE:TMK) rating on Tuesday, November 17. Goldman Sachs has “Neutral” rating and $61.0 target. The firm has “Sell” rating by Zacks given on Wednesday, August 19. The stock has “Underperform” rating by Wells Fargo on Friday, September 23. The company was maintained on Thursday, October 26 by SunTrust. Goldman Sachs downgraded Torchmark Corporation (NYSE:TMK) on Wednesday, February 24 to “Sell” rating. On Friday, November 18 the stock rating was downgraded by Bank of America to “Underperform”. The stock of Torchmark Corporation (NYSE:TMK) earned “Underweight” rating by Morgan Stanley on Thursday, August 13. The stock of Torchmark Corporation (NYSE:TMK) has “Sell” rating given on Wednesday, July 26 by Wells Fargo. Bank of America downgraded the shares of TMK in report on Wednesday, July 29 to “Underperform” rating. The stock has “Neutral” rating by Bank of America on Wednesday, June 29.

Since February 14, 2018, it had 0 buys, and 1 sale for $313,250 activity.

Among 19 analysts covering Jacobs Engineering Group Inc. (NYSE:JEC), 7 have Buy rating, 0 Sell and 12 Hold. Therefore 37% are positive. Jacobs Engineering Group Inc. had 51 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, November 23 by Credit Suisse. Standpoint Research downgraded the stock to “Hold” rating in Thursday, April 14 report. As per Monday, September 4, the company rating was maintained by Robert W. Baird. The rating was maintained by Jefferies on Wednesday, February 7 with “Hold”. The company was maintained on Wednesday, August 10 by Deutsche Bank. The stock has “Hold” rating by Robert W. Baird on Friday, October 6. The rating was downgraded by Citigroup on Thursday, August 3 to “Hold”. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, October 5. The firm has “Hold” rating given on Thursday, August 11 by Johnson Rice. The firm has “Hold” rating by Jefferies given on Thursday, June 15.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.20, from 0.85 in 2017Q2. It is positive, as 27 investors sold JEC shares while 149 reduced holdings. 53 funds opened positions while 131 raised stakes. 97.56 million shares or 2.93% less from 100.50 million shares in 2017Q2 were reported. Canada Pension Plan Inv Board holds 0.02% or 202,276 shares in its portfolio. 3,726 are owned by Farmers & Merchants Investments. Chicago Equity Prtn Ltd accumulated 0.08% or 42,985 shares. Jones Lllp invested in 19,384 shares or 0% of the stock. Madison Invest invested in 801,030 shares or 0.83% of the stock. 33,343 are owned by Texas Permanent School Fund. Riverhead Cap Mgmt Lc, Delaware-based fund reported 10,790 shares. Boston Partners holds 0.01% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC) for 135,291 shares. Waters Parkerson And Ltd Limited Liability Company holds 213,268 shares or 1.1% of its portfolio. Monarch Cap Management owns 37,262 shares. Caisse De Depot Et Placement Du Quebec reported 0% in Jacobs Engineering Group Inc. (NYSE:JEC). Sumitomo Mitsui Asset Mngmt Limited has 9,339 shares for 0.01% of their portfolio. Bnp Paribas Arbitrage, New York-based fund reported 124,317 shares. Loring Wolcott & Coolidge Fiduciary Advsr Limited Liability Partnership Ma holds 0% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC) for 15 shares. Utd Serv Automobile Association holds 0.01% or 78,977 shares.

Analysts await Jacobs Engineering Group Inc. (NYSE:JEC) to report earnings on May, 8. They expect $0.89 EPS, up 14.10% or $0.11 from last year’s $0.78 per share. JEC’s profit will be $126.08 million for 17.59 P/E if the $0.89 EPS becomes a reality. After $0.77 actual EPS reported by Jacobs Engineering Group Inc. for the previous quarter, Wall Street now forecasts 15.58% EPS growth.

Sprucegrove Investment Management Ltd, which manages about $24.66B and $1.78 billion US Long portfolio, upped its stake in Carlisle Cos Inc (NYSE:CSL) by 32,400 shares to 207,300 shares, valued at $20.79M in 2017Q3, according to the filing.

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