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Sprucegrove Investment Management LTD Lowered Its Jacobs Engr Group (JEC) Position as Market Valuation Rose; Telos Capital Management Has Cut Holding in Amazon Com (AMZN) by $1.03 Million

Jacobs Engineering Group Inc. (NYSE:JEC) Logo

Telos Capital Management Inc decreased its stake in Amazon Com Inc (AMZN) by 29.5% based on its latest 2018Q1 regulatory filing with the SEC. Telos Capital Management Inc sold 713 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 1,704 shares of the consumer services company at the end of 2018Q1, valued at $2.47 million, down from 2,417 at the end of the previous reported quarter. Telos Capital Management Inc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $827.24 billion market cap company. The stock increased 0.36% or $6.11 during the last trading session, reaching $1704.86. About 3.09M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 14, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 22/05/2018 – Amazon bans people for returning too much, but it shouldn’t act like a traditional retailer; 26/04/2018 – Amazon Raises Annual Price of Prime Service by 20%; 27/04/2018 – Jeff Bezos credits Amazon’s success in part to having a future-focused mindset. via @CNBCMakeIt; 05/03/2018 – MEDIA-Amazon said to expand Whole Foods delivery to San Francisco – Bloomberg; 20/03/2018 – Sources say that Amazon has approached groups like AARP, a lobby that represents older Americans; 02/04/2018 – Amazon fell after Donald Trump tweeted on Saturday that Amazon was scamming the U.S. Postal Service; 19/04/2018 – Amazon doesn’t need to acquire Best Buy – because Best Buy keeps cozying up anyway:; 15/03/2018 – Some companies with learning management software, like Workday, pay Amazon Web Services for cloud computing resources; 09/05/2018 – Alphabet, Apple and Microsoft will be part of government drone pilots, but Amazon was left out; 03/04/2018 – Trump Delivers New Attack Against Amazon

Sprucegrove Investment Management Ltd decreased its stake in Jacobs Engr Group (JEC) by 14.09% based on its latest 2018Q1 regulatory filing with the SEC. Sprucegrove Investment Management Ltd sold 42,600 shares as the company’s stock rose 0.51% while stock markets declined. The institutional investor held 259,639 shares of the military and government and technical company at the end of 2018Q1, valued at $15.36 million, down from 302,239 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 $9.29B market cap company. The stock decreased 1.00% or $0.66 during the last trading session, reaching $65.52. About 810,848 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 20.42% since June 14, 2017 and is uptrending. It has outperformed by 7.85% the S&P500. Some Historical JEC News: 30/03/2018 – Christian Bizforum: Qualcomm discussing Jacobs leaving board of directors: sources (Reuters) – Qualcomm Inc’s board of; 16/03/2018 – QUALCOMM DIRECTOR PAUL JACOBS WON’T BE RE-NOMINATED TO BOARD; 16/03/2018 – Qualcomm ousts Jacobs as director over buyout plan; 08/05/2018 – Jacobs Engineering 2Q EPS 34c; 14/03/2018 – Jacobs Awarded $778M Global IT Enterprise Ops and Maintenance Contract for U.S. Special Ops Command; 16/03/2018 – CNBC Now: BREAKING: Qualcomm says Paul Jacobs will not be re-nominated to its board; it reached decision “following his; 27/03/2018 – JACOBS SECURES MULTI-DISCIPLINE CONTRACT FROM NAVAL FACILITIES; 12/04/2018 – PAUL JACOBS SEEKING FUNDING TO TRY TO TAKE CHIPMAKER PRIVATE; 28/03/2018 – DOLLARDAYS REPORTS JIM JACOBS AS NEW CFO; 27/03/2018 – JACOBS VENTURE SECURES 5-YR, $99M NAVAL FACILITIES SW PACT

Since February 15, 2018, it had 0 insider purchases, and 21 insider sales for $63.19 million activity. Shares for $3.22M were sold by Olsavsky Brian T on Tuesday, May 15. Jassy Andrew R sold $2.90M worth of stock. $3.35 million worth of stock was sold by ALBERG TOM A on Thursday, February 15. 2,054 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $3.23M were sold by Blackburn Jeffrey M. Another trade for 1,230 shares valued at $1.95M was made by WILKE JEFFREY A on Monday, May 21. 1,375 shares valued at $2.17 million were sold by STONESIFER PATRICIA Q on Wednesday, May 2.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 304 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained it with “Buy” rating and $1250.0 target in Friday, October 27 report. Jefferies maintained the stock with “Buy” rating in Friday, February 2 report. The rating was maintained by Stifel Nicolaus on Friday, February 3 with “Buy”. On Wednesday, October 11 the stock rating was maintained by Piper Jaffray with “Buy”. As per Wednesday, January 10, the company rating was maintained by J.P. Morgan. The stock has “Buy” rating by Cantor Fitzgerald on Friday, June 16. SunTrust maintained it with “Buy” rating and $1270.0 target in Friday, October 27 report. The firm has “Overweight” rating given on Wednesday, November 11 by Morgan Stanley. The company was maintained on Tuesday, January 19 by Credit Suisse. M Partners maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, February 21. M Partners has “Buy” rating and $1750 target.

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It dived, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. Fiera accumulated 25,768 shares. Alabama-based Tillar has invested 1.21% in Amazon.com, Inc. (NASDAQ:AMZN). Canandaigua Natl Bank reported 0.11% in Amazon.com, Inc. (NASDAQ:AMZN). Sumitomo Mitsui Tru Inc holds 1.31M shares. Marathon Asset Llp has invested 1.15% in Amazon.com, Inc. (NASDAQ:AMZN). Investec Asset Management holds 1.36% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 175,087 shares. Argent Tru, a Texas-based fund reported 1,286 shares. Kamunting Street Mngmt Limited Partnership has invested 1.14% in Amazon.com, Inc. (NASDAQ:AMZN). The Maine-based Davis R M has invested 0.13% in Amazon.com, Inc. (NASDAQ:AMZN). One Management Ltd holds 0.06% or 221 shares. Overbrook Management Corp holds 140 shares or 0.04% of its portfolio. Utah Retirement holds 2.31% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 75,004 shares. Highstreet Asset Mngmt invested in 0.31% or 3,334 shares. Mutual Of Omaha National Bank & Trust Wealth Mgmt reported 605 shares. Brown Brothers Harriman And Co has invested 0.02% in Amazon.com, Inc. (NASDAQ:AMZN).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon On Top Again” on June 11, 2018, also Seekingalpha.com with their article: “Amazon: Help For The Cash-Strapped Investor” published on June 08, 2018, Benzinga.com published: “Where Is Amazon Investing In Fintech?” on June 09, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Fool.com and their article: “How Much Does Amazon Spend on R&D? Less Than You Think.” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “It’s Fun and Games for Dave & Buster’s Entertainment Inc” with publication date: June 13, 2018.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.52 EPS, up 530.00% or $2.12 from last year’s $0.4 per share. AMZN’s profit will be $1.22 billion for 169.13 P/E if the $2.52 EPS becomes a reality. After $3.27 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -22.94% negative EPS growth.

Analysts await Jacobs Engineering Group Inc. (NYSE:JEC) to report earnings on August, 14. They expect $1.19 EPS, up 50.63% or $0.40 from last year’s $0.79 per share. JEC’s profit will be $168.73M for 13.76 P/E if the $1.19 EPS becomes a reality. After $1.00 actual EPS reported by Jacobs Engineering Group Inc. for the previous quarter, Wall Street now forecasts 19.00% EPS growth.

Since February 14, 2018, it had 1 insider purchase, and 2 selling transactions for $103,019 activity. On Wednesday, February 14 HAGEN TERENCE D sold $313,250 worth of Jacobs Engineering Group Inc. (NYSE:JEC) or 5,000 shares. $46,162 worth of Jacobs Engineering Group Inc. (NYSE:JEC) shares were sold by DAVIDSON ROBERT C JR.

Sprucegrove Investment Management Ltd, which manages about $24.66 billion and $1.63 billion US Long portfolio, upped its stake in State Bk Of India (SBKFF) by 126,452 shares to 581,910 shares, valued at $22.46M in 2018Q1, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 35,500 shares in the quarter, for a total of 479,240 shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

Among 21 analysts covering Jacobs Engineering Group Inc. (NYSE:JEC), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Jacobs Engineering Group Inc. had 60 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) earned “Hold” rating by Citigroup on Thursday, August 3. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) has “Hold” rating given on Tuesday, January 30 by Goldman Sachs. The rating was initiated by Argus Research with “Hold” on Thursday, April 28. Jefferies maintained Jacobs Engineering Group Inc. (NYSE:JEC) on Wednesday, February 7 with “Hold” rating. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) has “Buy” rating given on Thursday, March 29 by UBS. The rating was upgraded by Argus Research to “Buy” on Friday, June 3. The company was maintained on Friday, August 4 by Jefferies. The stock has “Hold” rating by Deutsche Bank on Wednesday, November 23. Citigroup maintained the shares of JEC in report on Tuesday, February 6 with “Neutral” rating. On Monday, March 26 the stock rating was upgraded by Robert W. Baird to “Buy”.

More recent Jacobs Engineering Group Inc. (NYSE:JEC) news were published by: Streetinsider.com which released: “Jacobs Engineering (JEC) Secures $131.7M Facilities Operations & Maintenance Services Subcontract for NASA …” on June 13, 2018. Also Streetinsider.com published the news titled: “UPDATE: Jacobs Engineering (JEC) PT Raised to $77 at MKM Partners” on June 08, 2018. Streetinsider.com‘s news article titled: “Jacobs Engineering (JEC) Secures $35M Contract from FEMA for Puerto Rico Response to Hurricane Maria” with publication date: May 31, 2018 was also an interesting one.

Investors sentiment decreased to 1.04 in 2018 Q1. Its down 0.12, from 1.16 in 2017Q4. It dropped, as 39 investors sold JEC shares while 153 reduced holdings. 54 funds opened positions while 145 raised stakes. 110.72 million shares or 1.51% less from 112.42 million shares in 2017Q4 were reported. Aperio Group Ltd Llc reported 0.02% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC). Evercore Wealth Limited Liability Company reported 0.05% stake. Swiss Bank reported 0.03% stake. Systematic Financial Mgmt LP accumulated 317,764 shares or 0.42% of the stock. Gyroscope Capital Mgmt Grp Llc invested in 0.12% or 4,359 shares. Moreover, Waters Parkerson And Ltd Limited Liability Company has 1.15% invested in Jacobs Engineering Group Inc. (NYSE:JEC). Kentucky Retirement holds 6,285 shares. Metropolitan Life Ins Company Ny reported 18,860 shares. State Board Of Administration Of Florida Retirement Systems has 0.03% invested in Jacobs Engineering Group Inc. (NYSE:JEC) for 162,038 shares. Los Angeles Cap Mngmt And Equity Research Inc holds 20,250 shares or 0.01% of its portfolio. Signature Fincl invested in 0.21% or 17,163 shares. Fifth Third National Bank & Trust has invested 0% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC). Ameritas Inv Prns Inc has 2,608 shares. Optimum Invest Advsr holds 0.04% or 2,050 shares. Canandaigua Fincl Bank And holds 0.03% or 4,128 shares.

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

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