Jabre Capital Partners Sa Has Decreased By $2.16 Million Its Jacobs Engr Group Del (JEC) Position; Eastgroup Properties (EGP) Sentiment Is 1.26

December 7, 2017 - By Louis Casey

Jabre Capital Partners Sa decreased Jacobs Engr Group Inc Del (JEC) stake by 40% reported in 2017Q2 SEC filing. Jabre Capital Partners Sa sold 40,000 shares as Jacobs Engr Group Inc Del (JEC)’s stock declined 7.98%. The Jabre Capital Partners Sa holds 60,000 shares with $3.26 million value, down from 100,000 last quarter. Jacobs Engr Group Inc Del now has $8.23B valuation. The stock increased 0.93% or $0.63 during the last trading session, reaching $68.32. About 157,622 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 8.36% since December 7, 2016 and is uptrending. It has underperformed by 8.34% the S&P500.

EastGroup Properties, Inc., is a real estate investment trust. The company has market cap of $3.12 billion. The firm invests in real estate markets of the United States. It has a 38.15 P/E ratio. It is focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina.

Ratings analysis reveals 25% of EastGroup’s analysts are positive. Out of 4 Wall Street analysts rating EastGroup, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. EGP was included in 4 notes of analysts from September 28, 2016. Morgan Stanley upgraded EastGroup Properties, Inc. (NYSE:EGP) on Wednesday, April 12 to “Equal-Weight” rating. The stock has “Neutral” rating by Citigroup on Tuesday, December 13. The stock has “Hold” rating by Cantor Fitzgerald on Friday, October 21. The firm has “Buy” rating given on Wednesday, September 28 by Mizuho.

The stock increased 0.82% or $0.74 during the last trading session, reaching $91.02. About 30,511 shares traded. EastGroup Properties, Inc. (EGP) has risen 30.21% since December 7, 2016 and is uptrending. It has outperformed by 13.51% the S&P500.

Analysts await EastGroup Properties, Inc. (NYSE:EGP) to report earnings on February, 7. They expect $1.10 earnings per share, up 1.85% or $0.02 from last year’s $1.08 per share. EGP’s profit will be $37.69 million for 20.69 P/E if the $1.10 EPS becomes a reality. After $1.08 actual earnings per share reported by EastGroup Properties, Inc. for the previous quarter, Wall Street now forecasts 1.85% EPS growth.

Chilton Capital Management Llc holds 1.17% of its portfolio in EastGroup Properties, Inc. for 126,961 shares. Silvercrest Asset Management Group Llc owns 1.25 million shares or 1.12% of their US portfolio. Moreover, Foster & Motley Inc has 0.64% invested in the company for 42,960 shares. The Mississippi-based Hancock Holding Co has invested 0.52% in the stock. Karpas Strategies Llc, a New York-based fund reported 12,475 shares.

Jabre Capital Partners Sa increased Advanced Micro Devices Inc (Call) (NASDAQ:AMD) stake by 460,000 shares to 500,000 valued at $6.24M in 2017Q2. It also upped Nvidia Corp (NASDAQ:NVDA) stake by 24,000 shares and now owns 29,000 shares. Splunk Inc (NASDAQ:SPLK) was raised too.

Among 15 analysts covering Jacobs Engineering Group Inc. (NYSE:JEC), 4 have Buy rating, 0 Sell and 11 Hold. Therefore 27% are positive. Jacobs Engineering Group Inc. had 41 analyst reports since August 5, 2015 according to SRatingsIntel. Jefferies maintained Jacobs Engineering Group Inc. (NYSE:JEC) on Thursday, June 15 with “Hold” rating. The firm has “Neutral” rating by Citigroup given on Friday, October 27. As per Monday, May 9, the company rating was upgraded by Johnson Rice. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) earned “Hold” rating by Citigroup on Thursday, August 3. As per Monday, April 24, the company rating was maintained by Credit Suisse. On Wednesday, August 10 the stock rating was downgraded by UBS to “Neutral”. FBR Capital maintained the shares of JEC in report on Friday, August 12 with “Mkt Perform” rating. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) has “Outperform” rating given on Wednesday, November 23 by Credit Suisse. The firm has “Buy” rating given on Thursday, October 5 by KeyBanc Capital Markets. On Friday, November 13 the stock rating was initiated by Citigroup with “Buy”.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.13, from 0.98 in 2017Q1. It turned negative, as 40 investors sold JEC shares while 165 reduced holdings. 42 funds opened positions while 133 raised stakes. 100.50 million shares or 1.03% less from 101.55 million shares in 2017Q1 were reported. Signaturefd Limited Co invested in 4,067 shares or 0.03% of the stock. 398,519 are owned by Tiaa Cref Management Ltd Liability. Etrade Cap Mngmt Limited Liability Com holds 25,087 shares or 0.05% of its portfolio. Waters Parkerson And Com Ltd Liability accumulated 207,973 shares or 1.05% of the stock. Royal Bank Of Canada has invested 0.02% in Jacobs Engineering Group Inc. (NYSE:JEC). Calamos Ltd invested in 54,543 shares. Primecap Ca holds 0.42% or 9.02 million shares in its portfolio. Commonwealth Equity Ser Inc, a Massachusetts-based fund reported 9,509 shares. Ashfield Capital Prns Lc has invested 0.13% in Jacobs Engineering Group Inc. (NYSE:JEC). Cushing Asset Lp holds 0.45% or 248,332 shares in its portfolio. Capstone Inv Advsrs Limited Liability reported 0.02% in Jacobs Engineering Group Inc. (NYSE:JEC). Dynamic Cap Mgmt Limited owns 31,824 shares. Kbc Gru Nv owns 12,912 shares. 25,000 are held by State Of New Jersey Common Pension Fund D. Hsbc Public Limited Co has invested 0.02% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC).

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