Jacobs Engineering Group Inc. (NYSE:JEC) has analysts on the Bullish side this week.

April 18, 2018 - By Linda Rogers

Jacobs Engineering Group Inc. (NYSE:JEC) LogoInvestors sentiment increased to 1.16 in Q4 2017. Its up 0.11, from 1.05 in 2017Q3. It is positive, as 25 investors sold Jacobs Engineering Group Inc. shares while 153 reduced holdings. 67 funds opened positions while 140 raised stakes. 112.42 million shares or 15.23% more from 97.56 million shares in 2017Q3 were reported.
First Quadrant Ltd Partnership Ca invested 0.39% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC). Exane Derivatives invested in 0.2% or 17,483 shares. Sprucegrove Management Ltd holds 1.14% in Jacobs Engineering Group Inc. (NYSE:JEC) or 302,239 shares. 4,900 are owned by Long Road Counsel. Moreover, First In has 0% invested in Jacobs Engineering Group Inc. (NYSE:JEC) for 68 shares. Los Angeles Capital Mgmt & Equity holds 0.01% or 20,500 shares. 330,100 were reported by Renaissance Limited Liability. Oppenheimer Asset Mgmt reported 16,582 shares stake. Parametric Associates Limited Liability Corporation invested 0.02% in Jacobs Engineering Group Inc. (NYSE:JEC). Hahn Ltd Llc owns 658,141 shares for 4.09% of their portfolio. Primecap Ca has 8.20M shares. Lapides Asset Mgmt Ltd Liability Company stated it has 36,700 shares or 0.53% of all its holdings. Webster Retail Bank N A owns 0.02% invested in Jacobs Engineering Group Inc. (NYSE:JEC) for 2,000 shares. Twin Cap Mgmt reported 45,920 shares. Envestnet Asset invested in 35,580 shares.

Since February 14, 2018, it had 0 insider purchases, and 1 sale for $313,250 activity.

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

Among 12 analysts covering Jacobs Engineering Group (NYSE:JEC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Jacobs Engineering Group had 21 analyst reports since October 27, 2017 according to SRatingsIntel. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) earned “Buy” rating by UBS on Monday, January 29. The rating was maintained by Bank of America with “Neutral” on Thursday, February 8. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, April 3. M Partners upgraded the stock to “Buy” rating in Wednesday, March 28 report. The firm has “Buy” rating given on Tuesday, December 12 by Barclays Capital. The rating was upgraded by Goldman Sachs to “Hold” on Tuesday, January 30. Jefferies maintained it with “Hold” rating and $60.0 target in Tuesday, November 21 report. Robert W. Baird upgraded Jacobs Engineering Group Inc. (NYSE:JEC) on Monday, March 26 to “Buy” rating. Citigroup maintained Jacobs Engineering Group Inc. (NYSE:JEC) rating on Tuesday, February 6. Citigroup has “Neutral” rating and $78 target. The firm earned “Hold” rating on Friday, November 10 by Robert W. Baird. Below is a list of Jacobs Engineering Group Inc. (NYSE:JEC) latest ratings and price target changes.

03/04/2018 Broker: Goldman Sachs Rating: Buy New Target: $77.0000 Upgrade
29/03/2018 Broker: UBS Rating: Buy New Target: $86.0000 Maintain
29/03/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Old Target: $60 Upgrade
28/03/2018 Broker: M Partners Rating: Buy New Target: $71.0000 Upgrade
26/03/2018 Broker: Robert W. Baird Rating: Buy Upgrade
12/02/2018 Broker: Alembic Rating: Buy
07/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $75.0 Maintain
07/02/2018 Broker: Jefferies Rating: Hold New Target: $70.0 Maintain
08/02/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $62 New Target: $70 Maintain
06/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $70 New Target: $78 Maintain

The stock increased 0.87% or $0.52 during the last trading session, reaching $60.24. About 727,760 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 4.71% since April 18, 2017 and is uptrending. It has underperformed by 6.84% the S&P500.

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company has market cap of $8.53 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 31.36 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) Institutional Positions Chart

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