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

May 16, 2018 - By Darrel Chase

Jabil Inc. (NYSE:JBL) Corporate LogoBig Money Sentiment increased to 1.19 in 2017 Q4. It has change of 0.20, from 2017Q3’s 0.99. The ratio increased due to JBL positioning: 31 sold and 93 reduced. 52 funds acquired positions and 95 increased positions. Investors holded 164.33 million in 2017Q3 but now own 168.83 million shares or 2.74% more. Retirement Systems Of Alabama reported 228,409 shs. Natl Bank Of Montreal Can invested in 0% or 108,510 shs. Barclays Pcl owns 540,285 shs or 0.01% of their US capital. Lingohr And Partner Asset Management Gmbh reported 0.29% stake. Hsbc Holdg Public Lc has 379,051 shs for 0.01% of their capital. Systematic Fin Lp holds 53,580 shs. Pacad Invest Ltd reported 0.22% of its capital in Jabil Inc. (NYSE:JBL). Shell Asset Management has 0.02% invested in Jabil Inc. (NYSE:JBL) for 38,559 shs. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys has invested 0.01% in Jabil Inc. (NYSE:JBL). 77,448 were accumulated by Glenmede Na. Parametric Portfolio Ltd Liability Company holds 0.02% or 749,631 shs. Kennedy Capital Management owns 251,967 shs. State Street, Massachusetts-based fund reported 5.88M shs. Pzena Inv Ltd Liability Corporation accumulated 712,955 shs. 247,225 are owned by Hap Trading Limited Liability Company.

JBL had 10 sales and 0 insider buys since January 12, 2018. This’s net activity of $2.83 million. Shares for $374,496 were sold by PETERS WILLIAM E. Hoch Erich had sold 423 shs worth $12,639 on Friday, March 16. On Friday, March 16 SANSONE THOMAS A sold $448,200 worth of Jabil Inc. (NYSE:JBL).

Simcoe Capital Management Llc’s holdings in Jabil Inc (NYSE:JBL) was increased by 161.53% based on its latest 2018Q1 regulatory form with the SEC. Jabil Inc (NYSE:JBL) rose 7.27% while stock markets declined as Simcoe Capital Management Llc bought 803,920 shares. Simcoe Capital Management Llc’s position was priced at $37.40M for 1.30 million shares. It’s up from 497,690 last quarter. $4.82 billion is the MC of Jabil Inc. JBL touched $28.13 during the last trading session after $0.36 change.Jabil Inc. has volume of 1.33M shares. Since May 17, 2017 JBL has declined 0.49% and is downtrending. JBL underperformed by 12.04% the S&P500.

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. On Thursday, March 15 the stock of Jabil Inc. (NYSE:JBL) earned “Hold” rating by RBC Capital Markets. On Tuesday, February 27 the stock of Jabil Inc. (NYSE:JBL) earned “Buy” rating by Standpoint Research. On Monday, December 18 the stock has “Buy” rating by Argus Research.

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

Jabil Inc. (NYSE:JBL) Institutional Investors Chart

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