How Analysts Feel About Jacobs Engineering Group Inc (NYSE:JEC) After Decrease in Sellers?

Jacobs Engineering Group Inc. (NYSE:JEC) Logo

Investors sentiment increased to 0.97 in 2019 Q2. Its up 0.22, from 0.75 in 2019Q1. It increased, as 29 investors sold Jacobs Engineering Group Inc. shares while 160 reduced holdings. 54 funds opened positions while 130 raised stakes. 113.75 million shares or 4.04% less from 118.53 million shares in 2019Q1 were reported.
Utd Asset Strategies owns 58,604 shares. Hilltop invested in 2,915 shares. Texas Permanent School Fund holds 22,130 shares. Shoker Invest Counsel holds 0.15% or 2,391 shares in its portfolio. Ubs Asset Management Americas holds 0% or 448,035 shares. Oppenheimer Incorporated holds 0.1% or 45,414 shares in its portfolio. Granite Inv Prtn Ltd reported 147,510 shares stake. Royal London Asset Mngmt Ltd reported 55,229 shares. California Pub Employees Retirement holds 271,114 shares. Guardian Life Insur Of America holds 0% in Jacobs Engineering Group Inc. (NYSE:JEC) or 335 shares. Hutchinson Management Ca reported 243,783 shares or 5.78% of all its holdings. Westpac Bk Corp invested in 15,526 shares. Canada Pension Plan Inv Board holds 0% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC) for 89 shares. Covington Cap Management stated it has 0.17% in Jacobs Engineering Group Inc. (NYSE:JEC). Norinchukin Bancshares The reported 0.02% stake.

The stock of Jacobs Engineering Group Inc (NYSE:JEC) registered a decrease of 7.68% in short interest. JEC’s total short interest was 3.64 million shares in October as published by FINRA. Its down 7.68% from 3.94M shares, reported previously. With 959,400 shares average volume, it will take short sellers 4 days to cover their JEC’s short positions.

The stock increased 2.47% or $2.21 during the last trading session, reaching $91.85. About 868,142 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 23.19% since October 12, 2018 and is uptrending. It has outperformed by 23.19% the S&P500.

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company has market cap of $12.45 billion. It offers project services that include engineering, architectural, interiors, design, planning, and related services, as well as planning, scheduling, procurement, estimating, cost engineering, project accounting and delivery, safety, and other support services. It has a 19.42 P/E ratio. The firm also provides process, scientific, and systems consulting services, including performing pricing studies, market analyses, and financial projections in determining the feasibility of a project; performing gasoline reformulation modeling; analyzing and evaluating layout and mechanical creates for complex processing plants; analyzing automation and control systems; analyzing, designing, and executing bio containment strategies; developing and performing process protocols; and performing geological and metallurgical studies.

Jacobs Engineering Group Inc. (NYSE:JEC) Ratings Coverage

Among 4 analysts covering Jacobs Engineering Group (NYSE:JEC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Jacobs Engineering Group has $10000 highest and $8500 lowest target. $93.25’s average target is 1.52% above currents $91.85 stock price. Jacobs Engineering Group had 7 analyst reports since April 25, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 22 by Bank of America. The firm has “Overweight” rating by Barclays Capital given on Tuesday, April 30. On Tuesday, August 6 the stock rating was maintained by Credit Suisse with “Outperform”. KeyBanc Capital Markets maintained Jacobs Engineering Group Inc. (NYSE:JEC) rating on Tuesday, July 23. KeyBanc Capital Markets has “Overweight” rating and $9000 target. KeyBanc Capital Markets maintained the shares of JEC in report on Wednesday, May 8 with “Overweight” rating.

More notable recent Jacobs Engineering Group Inc. (NYSE:JEC) news were published by: Finance.Yahoo.com which released: “Jacobs Engineering Group Inc. (NYSE:JEC) Is Yielding 0.8% – But Is It A Buy? – Yahoo Finance” on July 02, 2019, also Finance.Yahoo.com with their article: “Why Tyson Foods, Jacobs Engineering Group, and Gannett Jumped Today – Yahoo Finance” published on August 05, 2019, Finance.Yahoo.com published: “Is Arconic Inc. (ARNC) Going to Burn These Hedge Funds? – Yahoo Finance” on October 12, 2019. More interesting news about Jacobs Engineering Group Inc. (NYSE:JEC) were released by: Twst.com and their article: “Jacobs Engineering Group Inc.: Jacobs to Hold Its Fiscal Fourth Quarter 2019 Earnings Conference Call and Webcast – The Wall Street Transcript” published on October 09, 2019 as well as Seekingalpha.com‘s news article titled: “Jacobs lands environmental contract with NSF – Seeking Alpha” with publication date: October 08, 2019.

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

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