Simpson Manufacturing Co (SSD) Shareholder Hermes Investment Management LTD Has Cut Its Holding as Stock Value Declined; Kdi Capital Partners Increased Smucker J M Co (SJM) Stake by $446,888 as Valuation Declined

January 15, 2018 - By Marie Mckinney

Kdi Capital Partners Llc increased its stake in Smucker J M Co (SJM) by 4.77% based on its latest 2017Q3 regulatory filing with the SEC. Kdi Capital Partners Llc bought 4,297 shares as the company’s stock declined 7.31% while stock markets rallied. The hedge fund held 94,401 shares of the packaged foods company at the end of 2017Q3, valued at $9.91M, up from 90,104 at the end of the previous reported quarter. Kdi Capital Partners Llc who had been investing in Smucker J M Co for a number of months, seems to be bullish on the $14.02 billion market cap company. The stock increased 0.23% or $0.28 during the last trading session, reaching $123.43. About 617,956 shares traded. The J. M. Smucker Company (NYSE:SJM) has declined 0.84% since January 15, 2017 and is downtrending. It has underperformed by 17.54% the S&P500.

Hermes Investment Management Ltd decreased its stake in Simpson Manufacturing Co Inc (SSD) by 6.13% based on its latest 2017Q3 regulatory filing with the SEC. Hermes Investment Management Ltd sold 36,165 shares as the company’s stock declined 7.58% while stock markets rallied. The institutional investor held 553,641 shares of the capital goods company at the end of 2017Q3, valued at $27.15M, down from 589,806 at the end of the previous reported quarter. Hermes Investment Management Ltd who had been investing in Simpson Manufacturing Co Inc for a number of months, seems to be less bullish one the $2.79 billion market cap company. The stock decreased 0.03% or $0.02 during the last trading session, reaching $58.9. About 178,426 shares traded. Simpson Manufacturing Co., Inc. (NYSE:SSD) has risen 9.03% since January 15, 2017 and is uptrending. It has underperformed by 7.67% the S&P500.

Among 3 analysts covering Simpson Manufacturing (NYSE:SSD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Simpson Manufacturing had 5 analyst reports since September 9, 2016 according to SRatingsIntel. The rating was initiated by Sidoti on Friday, September 9 with “Neutral”. The firm has “Hold” rating by DA Davidson given on Thursday, December 14. On Tuesday, October 31 the stock rating was upgraded by Robert W. Baird to “Outperform”. The stock of Simpson Manufacturing Co., Inc. (NYSE:SSD) has “Buy” rating given on Tuesday, October 31 by DA Davidson. The firm earned “Hold” rating on Thursday, October 19 by Robert W. Baird.

Since September 28, 2017, it had 0 insider buys, and 22 selling transactions for $14.61 billion activity. 72,424 shares were sold by SIMPSON PSB FUND, worth $3.57M. 1,300 shares valued at $76,714 were sold by Dankel Roger on Tuesday, December 12.

Hermes Investment Management Ltd, which manages about $20.91B and $6.67 billion US Long portfolio, upped its stake in Zoetis Inc (NYSE:ZTS) by 51,935 shares to 288,285 shares, valued at $18.38 million in 2017Q3, according to the filing. It also increased its holding in Humana Inc (NYSE:HUM) by 12,888 shares in the quarter, for a total of 90,706 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

Analysts await Simpson Manufacturing Co., Inc. (NYSE:SSD) to report earnings on February, 1. They expect $0.40 earnings per share, up 11.11% or $0.04 from last year’s $0.36 per share. SSD’s profit will be $18.93M for 36.81 P/E if the $0.40 EPS becomes a reality. After $0.59 actual earnings per share reported by Simpson Manufacturing Co., Inc. for the previous quarter, Wall Street now forecasts -32.20% negative EPS growth.

Investors sentiment decreased to 1.37 in Q3 2017. Its down 0.08, from 1.45 in 2017Q2. It is negative, as 14 investors sold SSD shares while 49 reduced holdings. 24 funds opened positions while 62 raised stakes. 39.55 million shares or 2.83% more from 38.46 million shares in 2017Q2 were reported. Goldman Sachs Group Inc invested in 167,549 shares. Moreover, Schroder Invest Mgmt Grp Incorporated has 0.03% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 387,539 shares. Hillsdale Inv Mgmt invested in 40 shares or 0% of the stock. Metropolitan Life Co Ny has 27,831 shares. Bb&T Corporation stated it has 0.01% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). 5,332 are owned by Profund Advsr Limited Co. Texas Permanent School Fund, a Texas-based fund reported 30,715 shares. Prentiss Smith And holds 0.79% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 26,691 shares. Hanson Mcclain invested 0% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Teachers Retirement Sys Of The State Of Kentucky has 0.01% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 13,100 shares. Cim Mangement Inc has 0.2% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 11,201 shares. Envestnet Asset Mngmt Inc has 0% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 7,363 shares. 10,186 were reported by Alps Advisors Inc. Pub Employees Retirement Sys Of Ohio holds 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 2,534 shares. Swiss Fincl Bank holds 0% or 67,600 shares in its portfolio.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.08, from 0.97 in 2017Q2. It turned negative, as 71 investors sold SJM shares while 231 reduced holdings. 80 funds opened positions while 189 raised stakes. 83.48 million shares or 2.45% more from 81.49 million shares in 2017Q2 were reported. Folger Nolan Fleming Douglas Cap Mngmt holds 0.08% in The J. M. Smucker Company (NYSE:SJM) or 5,006 shares. Aqr Cap Mngmt holds 0.03% of its portfolio in The J. M. Smucker Company (NYSE:SJM) for 276,353 shares. Bb&T Secs Limited Liability reported 156,252 shares stake. Cantab Cap Prtn Llp has 1,012 shares. 16,668 are owned by Nomura Asset Management Co Limited. Cue Financial Grp Inc holds 5,070 shares. Moreover, Cornercap Inv Counsel Inc has 0.24% invested in The J. M. Smucker Company (NYSE:SJM) for 16,580 shares. Toth Financial Advisory has 0.3% invested in The J. M. Smucker Company (NYSE:SJM) for 11,403 shares. Citigroup invested in 0% or 56,153 shares. Moreover, Saybrook Nc has 0.11% invested in The J. M. Smucker Company (NYSE:SJM). Bancorpsouth invested in 15,152 shares or 0.16% of the stock. Stanley has 0.16% invested in The J. M. Smucker Company (NYSE:SJM). 113,305 were reported by Sei. Eagle Ridge Invest Management reported 1,963 shares. Korea Corporation accumulated 37,281 shares.

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