Sky Investment Group Has Lifted Holding in Jm Smucker Company (SJM) by $302,120 as Shares Declined; Church & Dwight (CHD) Holder Carderock Capital Management Has Trimmed Position

February 19, 2018 - By Darrin Black

Sky Investment Group Llc increased its stake in Jm Smucker Company (SJM) by 31.04% based on its latest 2017Q3 regulatory filing with the SEC. Sky Investment Group Llc bought 2,905 shares as the company’s stock declined 7.31% while stock markets rallied. The institutional investor held 12,265 shares of the packaged foods company at the end of 2017Q3, valued at $1.29M, up from 9,360 at the end of the previous reported quarter. Sky Investment Group Llc who had been investing in Jm Smucker Company for a number of months, seems to be bullish on the $14.14 billion market cap company. The stock increased 1.48% or $1.81 during the last trading session, reaching $124.46. About 1.51M shares traded or 43.86% up from the average. The J. M. Smucker Company (NYSE:SJM) has declined 0.84% since February 19, 2017 and is downtrending. It has underperformed by 17.54% the S&P500.

Carderock Capital Management Inc decreased its stake in Church & Dwight (CHD) by 7.84% based on its latest 2017Q3 regulatory filing with the SEC. Carderock Capital Management Inc sold 8,019 shares as the company’s stock rose 0.08% with the market. The institutional investor held 94,314 shares of the basic industries company at the end of 2017Q3, valued at $4.57M, down from 102,333 at the end of the previous reported quarter. Carderock Capital Management Inc who had been investing in Church & Dwight for a number of months, seems to be less bullish one the $12.44B market cap company. The stock increased 0.14% or $0.07 during the last trading session, reaching $49.78. About 3.29M shares traded or 52.99% up from the average. Church & Dwight Co., Inc. (NYSE:CHD) has risen 0.39% since February 19, 2017 and is uptrending. It has underperformed by 16.31% the S&P500.

Among 21 analysts covering Church & Dwight (NYSE:CHD), 5 have Buy rating, 5 Sell and 11 Hold. Therefore 24% are positive. Church & Dwight had 61 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained Church & Dwight Co., Inc. (NYSE:CHD) rating on Monday, July 17. Jefferies has “Buy” rating and $6300 target. The company was maintained on Tuesday, February 6 by Wells Fargo. The rating was downgraded by Bank of America to “Underperform” on Monday, April 18. The stock has “Buy” rating by Jefferies on Thursday, July 6. The stock has “Hold” rating by Stifel Nicolaus on Friday, June 23. The stock has “Sell” rating by UBS on Friday, August 5. The firm earned “Buy” rating on Thursday, August 3 by Jefferies. The stock of Church & Dwight Co., Inc. (NYSE:CHD) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, August 23. BMO Capital Markets maintained the shares of CHD in report on Tuesday, October 3 with “Hold” rating. The firm earned “Market Perform” rating on Friday, December 16 by BMO Capital Markets.

Carderock Capital Management Inc, which manages about $350.61M and $221.68 million US Long portfolio, upped its stake in Gartner Group Cl A (NYSE:IT) by 5,835 shares to 12,063 shares, valued at $1.50 million in 2017Q3, according to the filing. It also increased its holding in Fortive Corp by 10,399 shares in the quarter, for a total of 54,620 shares, and has risen its stake in Home Depot (NYSE:HD).

Investors sentiment increased to 0.95 in 2017 Q3. Its up 0.15, from 0.8 in 2017Q2. It increased, as 40 investors sold CHD shares while 228 reduced holdings. 66 funds opened positions while 189 raised stakes. 195.93 million shares or 0.21% less from 196.35 million shares in 2017Q2 were reported. Cwm Limited Liability Co accumulated 0% or 60 shares. Sta Wealth Mgmt Ltd Liability Corp reported 8,169 shares. Roberts Glore Il invested in 6,794 shares or 0.21% of the stock. Ami Asset Mngmt Corporation has invested 3.42% in Church & Dwight Co., Inc. (NYSE:CHD). Mitsubishi Ufj Trust & Corporation accumulated 0.06% or 639,962 shares. Boston Family Office Ltd Co reported 8,654 shares. Moreover, Cognios Capital Lc has 0.78% invested in Church & Dwight Co., Inc. (NYSE:CHD). 214,972 were reported by Brown Advisory. Credit Agricole S A reported 273,350 shares. Caisse De Depot Et Placement Du Quebec, a Quebec – Canada-based fund reported 55,254 shares. S&Co holds 4.37% of its portfolio in Church & Dwight Co., Inc. (NYSE:CHD) for 706,711 shares. Perigon Wealth Ltd Limited Liability Company accumulated 0.01% or 500 shares. Finemark Bancorp And holds 15,130 shares. Tributary Capital Limited Liability reported 35,300 shares. Pub Sector Pension Inv Board has 0.01% invested in Church & Dwight Co., Inc. (NYSE:CHD) for 28,431 shares.

Since August 31, 2017, it had 0 insider purchases, and 1 insider sale for $561,896 activity.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.08, from 0.97 in 2017Q2. It turned negative, 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. Envestnet Asset Management accumulated 28,202 shares or 0.01% of the stock. Blackrock Inc invested 0.04% of its portfolio in The J. M. Smucker Company (NYSE:SJM). Focused Wealth Management owns 2 shares. Douglass Winthrop Ltd Liability Co holds 11,874 shares or 0.07% of its portfolio. Invesco Ltd holds 291,432 shares. Moreover, Natl Planning Corp has 0.05% invested in The J. M. Smucker Company (NYSE:SJM) for 2,445 shares. Retirement Sys Of Alabama holds 55,106 shares. Inv House Ltd Liability has invested 0.04% of its portfolio in The J. M. Smucker Company (NYSE:SJM). Liberty Mutual Group Asset Mgmt reported 4,808 shares stake. Sandy Spring Bancorp invested 0% in The J. M. Smucker Company (NYSE:SJM). Suntrust Banks holds 0.01% or 19,788 shares in its portfolio. Ameriprise Fincl accumulated 0.02% or 431,683 shares. Atwood Palmer holds 0% of its portfolio in The J. M. Smucker Company (NYSE:SJM) for 13 shares. Clear Harbor Asset Management Ltd Liability has invested 0.2% in The J. M. Smucker Company (NYSE:SJM). Umb Bancorporation N A Mo holds 7,615 shares.

Sky Investment Group Llc, which manages about $296.40M and $244.05 million US Long portfolio, decreased its stake in Johnson Controls Intl Plc by 31,854 shares to 11,271 shares, valued at $454,000 in 2017Q3, according to the filing.

Among 20 analysts covering J. M. Smucker Company (NYSE:SJM), 6 have Buy rating, 3 Sell and 11 Hold. Therefore 30% are positive. J. M. Smucker Company had 68 analyst reports since August 19, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Underweight” rating in Friday, October 13 report. The firm has “Hold” rating given on Monday, September 21 by Zacks. The rating was maintained by Susquehanna with “Buy” on Monday, February 12. The stock of The J. M. Smucker Company (NYSE:SJM) earned “Hold” rating by Jefferies on Wednesday, October 12. The stock of The J. M. Smucker Company (NYSE:SJM) earned “Neutral” rating by Susquehanna on Monday, October 26. Credit Suisse maintained it with “Hold” rating and $126 target in Thursday, June 1 report. The firm earned “Sell” rating on Monday, April 4 by Goldman Sachs. On Friday, August 25 the stock rating was maintained by Citigroup with “Buy”. Morgan Stanley downgraded the stock to “Underweight” rating in Tuesday, April 11 report. Credit Suisse upgraded The J. M. Smucker Company (NYSE:SJM) rating on Wednesday, August 19. Credit Suisse has “Outperform” rating and $125 target.

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