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As Celestica (CLS) Share Value Declined, Holder Engaged Capital Lifted Its Position; Greenwood Gearhart Has Increased Its Stake in Jm Smucker Co (SJM) as Share Price Declined

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Glenn W. Welling increased its stake in Celestica Inc (CLS) by 407.84% based on its latest 2017Q4 regulatory filing with the SEC. Engaged Capital Llc bought 1.46 million shares as the company’s stock declined 1.71% with the market. The hedge fund run by Glenn W. Welling held 1.82M shares of the technology company at the end of 2017Q4, valued at $19.07 million, up from 358,214 at the end of the previous reported quarter. Engaged Capital Llc who had been investing in Celestica Inc for a number of months, seems to be bullish on the $1.65B market cap company. The stock decreased 1.07% or $0.13 during the last trading session, reaching $11.97. About 460,186 shares traded. Celestica Inc. (NYSE:CLS) has declined 26.94% since May 17, 2017 and is downtrending. It has underperformed by 38.49% the S&P500.

Greenwood Gearhart Inc increased its stake in Jm Smucker Co (SJM) by 13.67% based on its latest 2017Q4 regulatory filing with the SEC. Greenwood Gearhart Inc bought 6,257 shares as the company’s stock declined 2.24% with the market. The institutional investor held 52,025 shares of the packaged foods company at the end of 2017Q4, valued at $6.46M, up from 45,768 at the end of the previous reported quarter. Greenwood Gearhart Inc who had been investing in Jm Smucker Co for a number of months, seems to be bullish on the $12.62 billion market cap company. The stock decreased 0.88% or $0.99 during the last trading session, reaching $111.05. About 464,210 shares traded. The J. M. Smucker Company (NYSE:SJM) has declined 7.89% since May 17, 2017 and is downtrending. It has underperformed by 19.44% the S&P500.

Among 20 analysts covering J. M. Smucker Company (NYSE:SJM), 6 have Buy rating, 5 Sell and 9 Hold. Therefore 30% are positive. J. M. Smucker Company had 74 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, April 5 by Stephens. The stock has “Hold” rating by Stifel Nicolaus on Thursday, January 25. Jefferies maintained The J. M. Smucker Company (NYSE:SJM) rating on Tuesday, October 3. Jefferies has “Buy” rating and $140.0 target. The stock has “Hold” rating by Stifel Nicolaus on Monday, July 24. The firm has “Underweight” rating given on Friday, November 17 by Morgan Stanley. As per Monday, April 4, the company rating was downgraded by Goldman Sachs. On Friday, August 25 the stock rating was maintained by Citigroup with “Buy”. The stock of The J. M. Smucker Company (NYSE:SJM) has “Buy” rating given on Wednesday, August 30 by Jefferies. On Monday, February 12 the stock rating was maintained by Susquehanna with “Buy”. The firm has “Buy” rating by Citigroup given on Saturday, August 29.

More recent The J. M. Smucker Company (NYSE:SJM) news were published by: Investorplace.com which released: “5 Top Stock Trades for Friday Morning” on May 10, 2018. Also Bizwest.com published the news titled: “Smucker to hold more job sessions for Longmont plant” on May 15, 2018. Investorplace.com‘s news article titled: “7 Consumer Goods Stocks That Will Rise Again” with publication date: May 11, 2018 was also an interesting one.

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.05, from 0.89 in 2017Q3. It increased, as 53 investors sold SJM shares while 236 reduced holdings. 94 funds opened positions while 179 raised stakes. 84.66 million shares or 1.41% more from 83.48 million shares in 2017Q3 were reported. Pineno Levin And Ford Asset Mgmt Inc holds 1.54% or 29,679 shares in its portfolio. Cardinal Cap Mgmt has 112,985 shares for 1.19% of their portfolio. Robeco Institutional Asset Bv has 0.06% invested in The J. M. Smucker Company (NYSE:SJM). Endurance Wealth Management reported 0.02% of its portfolio in The J. M. Smucker Company (NYSE:SJM). Reinhart Prtnrs holds 2.47% or 201,142 shares. Deprince Race Zollo reported 236,328 shares or 0.65% of all its holdings. Moreover, Pennsylvania Trust Communications has 0.25% invested in The J. M. Smucker Company (NYSE:SJM). Patten Group Incorporated Inc, Tennessee-based fund reported 8 shares. Lincoln National invested 0.02% of its portfolio in The J. M. Smucker Company (NYSE:SJM). Pub Employees Retirement Association Of Colorado stated it has 21,397 shares or 0.02% of all its holdings. Axa reported 18,448 shares. Umb Comml Bank N A Mo reported 7,523 shares. Utah Retirement invested in 20,415 shares. Madison Inv Hldgs owns 317,752 shares. Lsv Asset has invested 0.41% in The J. M. Smucker Company (NYSE:SJM).

More important recent Celestica Inc. (NYSE:CLS) news were published by: Seekingalpha.com which released: “Celestica’s (CLS) CEO Rob Mionis on Q1 2018 Results – Earnings Call Transcript” on April 28, 2018, also Seekingalpha.com published article titled: “Celestica Inc. 2018 Q1 – Results – Earnings Call Slides”, Fool.ca published: “Is This Newly Listed Tech Stock the Future of the TSX?” on May 16, 2018. More interesting news about Celestica Inc. (NYSE:CLS) was released by: Prnewswire.com and their article: “Manufacturing, Supply and Logistics Segments Face Modern Business Growth” with publication date: May 11, 2018.

Among 12 analysts covering Celestica (NYSE:CLS), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Celestica had 36 analyst reports since October 21, 2015 according to SRatingsIntel. The stock of Celestica Inc. (NYSE:CLS) has “Sector Perform” rating given on Monday, January 18 by RBC Capital Markets. The firm earned “Hold” rating on Friday, July 14 by Stifel Nicolaus. TD Securities maintained Celestica Inc. (NYSE:CLS) on Friday, October 27 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, January 24. The company was maintained on Wednesday, August 16 by RBC Capital Markets. B. Riley & Co initiated the shares of CLS in report on Friday, December 4 with “Neutral” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, January 24. The stock of Celestica Inc. (NYSE:CLS) earned “Neutral” rating by Citigroup on Friday, April 7. The rating was maintained by TD Securities on Thursday, October 19 with “Hold”. The firm has “Hold” rating given on Wednesday, August 16 by Stifel Nicolaus.

The J. M. Smucker Company (NYSE:SJM) Institutional Positions Chart

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