As Jabil Inc (NYSE:JBL) Price Rose, Shareholder Simcoe Capital Management Llc Upped Its Position by $22.51 Million

May 16, 2018 - By Julie Barnes

Jabil Inc. (NYSE:JBL) Corporate LogoBig Money Sentiment increased to 1.19 in Q4 2017. It has change of 0.20, from 2017Q3’s 0.99. The ratio is positive due to JBL positioning: 31 sold and 93 reduced. 52 funds acquired holdings and 95 increased holdings. Investors holded 164.33 million in 2017Q3 but now own 168.83 million shares or 2.74% more. Schwab Charles Management Inc accumulated 1.34 million shs. Gp One Trading L P has invested 0.01% in Jabil Inc. (NYSE:JBL). Cipher Cap Ltd Partnership holds 0.02% in Jabil Inc. (NYSE:JBL) or 9,030 shs. Buckhead Capital Management Ltd Liability Co owns 1.13% invested in Jabil Inc. (NYSE:JBL) for 202,105 shs. Stifel Corporation reported 0% in Jabil Inc. (NYSE:JBL). Arcadia Investment Mngmt Mi holds 0.01% or 1,485 shs in its capital. Kbc Grp Nv owns 324,882 shs for 0.07% of their capital. Teachers Retirement Systems Of The State Of Kentucky holds 0.07% or 232,195 shs in its capital. 62,386 were reported by Balyasny Asset Management Ltd. Citadel Advisors Ltd Liability Corporation invested in 109,738 shs or 0% of the stock. Amg Funds Ltd Liability, Connecticut-based fund reported 56,741 shs. Aviva Public Ltd Liability Corporation has 95,492 shs. Aqr Cap Mgmt Ltd Liability owns 4.83 million shs. Kennedy Capital Management invested in 0.12% or 251,967 shs. Robeco Institutional Asset Mngmt Bv owns 242,518 shs.

JBL had 10 sales and 0 insider buys since January 12, 2018. This’s net activity of $2.83 million. 13,915 shs valued at $390,540 were sold by PETERS WILLIAM E on Monday, April 2. The insider Cadavid Sergio sold $86,070. SANSONE THOMAS A had sold 15,000 shs worth $448,200.

In 2018Q1 Securities and Exchange form was reported Simcoe Capital Management Llc’s holdings in Jabil Inc (NYSE:JBL) which was upped by 161.53%. Jabil Inc (NYSE:JBL) stock Popped Up 7.27% while Simcoe Capital Management Llc bought 803,920 shares. Simcoe Capital Management Llc is holding 1.30M shares, compared to 497,690 last quarter. The announced value is $37.40 million. $4.82 billion is the market cap of Jabil Inc. JBL reached $28.13 during the last trading session after $0.36 change.Currently Jabil Inc. is downtrending after 0.49% change in last May 17, 2017. JBL has 1.33 million shares volume. The stock underperformed the S&P500 by 12.04%.

Simcoe Capital Management Llc cut its stake in and reduced position by shares for a total of shares.

Jabil Inc. (NYSE:JBL) Ratings Coverage

In total 4 analysts cover Jabil Circuit (NYSE:JBL). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. 50% are bullish. 4 are the (NYSE:JBL)’s analyst reports since December 14, 2017 according to StockzIntelligence Inc. The company rating was upgraded by Argus Research on Monday, December 18. In Tuesday, February 27 report Standpoint Research upgraded the stock to “Buy” rating. On Thursday, March 15 the firm has “Hold” rating given by RBC Capital Markets.

Jabil Inc. provides electronic manufacturing services and solutions worldwide.The firm is valued at $4.82 billion. The firm operates in two divisions, Electronics Manufacturing Services and Diversified Manufacturing Services.The P/E ratio is 41.99. It provides electronics design, production, and product management services.

Jabil Inc. (NYSE:JBL) Institutional Investors Chart

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