1.08 is J2 Global Inc’s (NASDAQ:JCOM) Institutional Investor Sentiment

October 13, 2017 - By Adrian Erickson

 1.08 is J2 Global Inc's (NASDAQ:JCOM) Institutional Investor Sentiment

Sentiment for J2 Global Inc (NASDAQ:JCOM)

J2 Global Inc (NASDAQ:JCOM) institutional sentiment decreased to 1.08 in Q2 2017. Its down -0.28, from 1.36 in 2017Q1. The ratio fall, as 123 institutional investors opened new and increased stock positions, while 114 sold and decreased equity positions in J2 Global Inc. The institutional investors in our partner’s database now have: 46.55 million shares, up from 46.24 million shares in 2017Q1. Also, the number of institutional investors holding J2 Global Inc in their top 10 stock positions was flat from 5 to 5 for the same number . Sold All: 28 Reduced: 86 Increased: 92 New Position: 31.

j2 Global, Inc., together with its subsidiaries, is a well-known provider of Internet services. The company has market cap of $3.82 billion. The Firm operates through two divisions: Business Cloud Services and Digital Media. It has a 26.42 P/E ratio. Through its Business Cloud Services Division, the Company provides cloud services to businesses of all sizes, from individuals to enterprises, and licenses its intellectual property to third parties.

The stock increased 0.59% or $0.46 during the last trading session, reaching $78.96. About 472,269 shares traded or 27.54% up from the average. J2 Global Inc (NASDAQ:JCOM) has risen 30.53% since October 13, 2016 and is uptrending. It has outperformed by 13.83% the S&P500.

Analysts expect J2 Global Inc (NASDAQ:JCOM) to report $1.32 EPS on November, 7.They anticipate $0.13 EPS change or 10.92 % from last quarter’s $1.19 EPS. JCOM’s profit would be $63.86 million giving it 14.95 P/E if the $1.32 EPS is correct. After having $1.25 EPS previously, J2 Global Inc’s analysts see 5.60 % EPS growth.

Brave Asset Management Inc holds 3.4% of its portfolio in J2 Global Inc for 75,031 shares. Pembroke Management Ltd owns 326,286 shares or 2.47% of their US portfolio. Moreover, Copeland Capital Management Llc has 2.08% invested in the company for 373,693 shares. The Connecticut-based Cardinal Capital Management Llc Ct has invested 2.01% in the stock. S&T Bank Pa, a Pennsylvania-based fund reported 125,227 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 6 sales for $3.88 million activity.

J2 Global Inc (NASDAQ:JCOM) Ratings Coverage

Ratings analysis reveals 60% of j2 Global’s analysts are positive. Out of 5 Wall Street analysts rating j2 Global, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $73 while the high is $95. The stock’s average target of $87 is 10.18% above today’s ($78.96) share price. JCOM was included in 11 notes of analysts from August 5, 2015. The stock of J2 Global Inc (NASDAQ:JCOM) earned “Mkt Perform” rating by FBR Capital on Wednesday, November 4. JMP Securities initiated J2 Global Inc (NASDAQ:JCOM) on Friday, December 18 with “Mkt Outperform” rating. Citigroup maintained J2 Global Inc (NASDAQ:JCOM) rating on Monday, August 7. Citigroup has “Neutral” rating and $88 target. The firm has “Buy” rating by Citigroup given on Friday, April 1. The firm earned “Neutral” rating on Wednesday, January 25 by Citigroup. Susquehanna initiated the stock with “Positive” rating in Monday, August 10 report. The stock has “Buy” rating by Citigroup on Wednesday, August 17. On Wednesday, August 5 the stock rating was maintained by FBR Capital with “Mkt Perform”. As per Wednesday, August 31, the company rating was initiated by Robert W. Baird.

More important recent J2 Global Inc (NASDAQ:JCOM) news were published by: Bizjournals.com which released: “J2 Global names new CEO” on September 28, 2017, also Businesswire.com published article titled: “j2 Global Completes Two Acquisitions in Q3 2017; Announces Two Additional …”, Streetinsider.com published: “J2 Global (JCOM) Subsidiary Ziff Davis LLC Agrees to Sell Tea Leaves Health to …” on October 11, 2017. More interesting news about J2 Global Inc (NASDAQ:JCOM) was released by: Seekingalpha.com and their article: “Rapid Growth And Quarterly Dividend Increases: j2 Global” with publication date: September 20, 2017.

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