Catawba Capital Management Va buys $1,226,637 stake in J M Smucker Co (SJM)

J M Smucker Co (SJM) : Catawba Capital Management Va scooped up 75 additional shares in J M Smucker Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 9,227 shares of J M Smucker Co which is valued at $1,226,637.J M Smucker Co makes up approximately 0.29% of Catawba Capital Management Va’s portfolio.

Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in SJM by selling 1,253 shares or 4.04% in the most recent quarter. The Hedge Fund company now holds 29,726 shares of SJM which is valued at $3,951,774. J M Smucker Co makes up approx 0.08% of Exxonmobil Investment Management Inc Tx’s portfolio.Curbstone Financial Management Corp reduced its stake in SJM by selling 750 shares or 6.45% in the most recent quarter. The Hedge Fund company now holds 10,880 shares of SJM which is valued at $1,448,128. J M Smucker Co makes up approx 0.47% of Curbstone Financial Management Corp’s portfolio.Norman Fields Gottscho Capital Management boosted its stake in SJM in the latest quarter, The investment management firm added 1,165 additional shares and now holds a total of 48,735 shares of J M Smucker Co which is valued at $6,486,629. J M Smucker Co makes up approx 4.32% of Norman Fields Gottscho Capital Management’s portfolio.West Oak Capital boosted its stake in SJM in the latest quarter, The investment management firm added 1,950 additional shares and now holds a total of 2,950 shares of J M Smucker Co which is valued at $392,645. J M Smucker Co makes up approx 0.27% of West Oak Capital’s portfolio.

J M Smucker Co closed down -0.14 points or -0.11% at $132.94 with 7,18,267 shares getting traded on Friday. Post opening the session at $133.37, the shares hit an intraday low of $132.58 and an intraday high of $133.37 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, J M Smucker Co reported $1.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Aug 23, 2016. Analyst had a consensus of $1.74. The company had revenue of $1815.80 million for the quarter, compared to analysts expectations of $1887.56 million. The company’s revenue was down -7.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.32 EPS.

Many Wall Street Analysts have commented on J M Smucker Co. J M Smucker Co was Downgraded by Credit Suisse to ” Neutral” on Sep 27, 2016.

The J. M. Smucker Company is a manufacturer and marketer of consumer food and beverage products and pet food and pet snacks in North America. The Company has four segments: U.S. Retail Coffee U.S. Retail Consumer Foods U.S. Retail Pet Foods and International Foodservice and Natural Foods. The Company’s U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America. The Company’s International Foodservice and Natural Foods segment represents sales outside of the U.S. retail market segments. The Company’s principal consumer food and beverage products are coffee peanut butter fruit spreads shortening and oils baking mixes and ready-to-spread frostings canned milk flour and baking ingredients juices and beverages frozen sandwiches toppings syrups pickles condiments grain products and nut mix products. The Company’s pet products consist of dry and wet dog food dry and wet cat food dog snacks and cat snacks.

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