Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. The company has market cap of $9.50 billion. The firm operates through four divisions: North America, South America, Asia Pacific and Europe, and Middle East and Africa. It has a 18.63 P/E ratio. It offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins and glucose, and syrup solids, as well as food-grade and industrial starches, and biomaterials.
Lenox Wealth Management Inc decreased Jm Smucker Co (SJM) stake by 71.64% reported in 2017Q3 SEC filing. Lenox Wealth Management Inc sold 4,882 shares as Jm Smucker Co (SJM)’s stock declined 7.31%. The Lenox Wealth Management Inc holds 1,933 shares with $202,000 value, down from 6,815 last quarter. Jm Smucker Co now has $14.27 billion valuation. The stock decreased 0.51% or $0.64 during the last trading session, reaching $125.65. About 402,460 shares traded. The J. M. Smucker Company (NYSE:SJM) has declined 0.84% since March 20, 2017 and is downtrending. It has underperformed by 17.54% the S&P500.
Analysts await The J. M. Smucker Company (NYSE:SJM) to report earnings on June, 14. They expect $2.22 EPS, up 23.33% or $0.42 from last year’s $1.8 per share. SJM’s profit will be $252.19 million for 14.15 P/E if the $2.22 EPS becomes a reality. After $2.50 actual EPS reported by The J. M. Smucker Company for the previous quarter, Wall Street now forecasts -11.20% negative EPS growth.
Investors sentiment increased to 0.94 in Q3 2017. Its up 0.05, from 0.89 in 2017Q2. It improved, 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. Moreover, Hanson & Doremus has 0% invested in The J. M. Smucker Company (NYSE:SJM). Culbertson A N And invested in 14,594 shares or 0.47% of the stock. Comerica Financial Bank reported 35,064 shares. Kdi Cap Prtn Ltd Company reported 3.31% in The J. M. Smucker Company (NYSE:SJM). First Interstate Bankshares reported 830 shares. Parallax Volatility Advisers Lp reported 0% of its portfolio in The J. M. Smucker Company (NYSE:SJM). Ubs Asset Management Americas has 356,440 shares for 0.03% of their portfolio. Strategic Ltd Limited Liability Company, California-based fund reported 2,510 shares. 31 were reported by Patten Inc. Teacher Retirement Systems Of Texas stated it has 0.03% in The J. M. Smucker Company (NYSE:SJM). Alliancebernstein Limited Partnership reported 0.02% stake. Atwood And Palmer stated it has 0% of its portfolio in The J. M. Smucker Company (NYSE:SJM). Park Natl Corp Oh has invested 0.03% in The J. M. Smucker Company (NYSE:SJM). Qs Ltd Liability Corp invested in 0.05% or 53,899 shares. 2,468 were reported by Mariner Wealth Advisors Ltd Liability Com.
Lenox Wealth Management Inc increased Amadeus It Group Sa (AMADY) stake by 12,646 shares to 38,210 valued at $2.49 million in 2017Q3. It also upped Roche Holding Ag Adr (RHHBY) stake by 32,335 shares and now owns 98,282 shares. Wpp Plc (NASDAQ:WPPGY) was raised too.
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. Credit Suisse maintained The J. M. Smucker Company (NYSE:SJM) rating on Wednesday, September 16. Credit Suisse has “Outperform” rating and $133 target. Deutsche Bank maintained The J. M. Smucker Company (NYSE:SJM) on Friday, June 10 with “Buy” rating. Credit Suisse downgraded the shares of SJM in report on Tuesday, September 27 to “Neutral” rating. The rating was maintained by Barclays Capital on Tuesday, February 20 with “Equal-Weight”. Susquehanna maintained the shares of SJM in report on Monday, February 12 with “Buy” rating. On Thursday, September 10 the stock rating was maintained by Tigress Financial with “Buy”. Jefferies maintained it with “Hold” rating and $13000 target in Friday, May 26 report. Susquehanna maintained The J. M. Smucker Company (NYSE:SJM) on Wednesday, June 7 with “Hold” rating. Credit Suisse maintained The J. M. Smucker Company (NYSE:SJM) rating on Thursday, June 1. Credit Suisse has “Hold” rating and $126 target. The firm has “Neutral” rating by Credit Suisse given on Friday, August 25.
The stock increased 0.02% or $0.03 during the last trading session, reaching $131.54. About 188,870 shares traded. Ingredion Incorporated (INGR) has declined 2.30% since March 20, 2017 and is downtrending. It has underperformed by 19.00% the S&P500.