Capital Analysts LLC Sells 144 Shares of Jabil Inc. (NYSE:JBL)

Capital Analysts LLC lowered its holdings in Jabil Inc. (NYSE:JBL) by 14.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 822 shares of the technology company’s stock after selling 144 shares during the period. Capital Analysts LLC’s holdings in Jabil were worth $105,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JBL. Amundi increased its holdings in Jabil by 419.8% during the 4th quarter. Amundi now owns 421 shares of the technology company’s stock worth $32,000 after acquiring an additional 340 shares during the period. CVA Family Office LLC bought a new stake in Jabil during the 4th quarter worth approximately $36,000. Valley National Advisers Inc. bought a new stake in Jabil during the 4th quarter worth approximately $36,000. Zions Bancorporation N.A. bought a new stake in Jabil during the 1st quarter worth approximately $40,000. Finally, Natixis bought a new stake in Jabil during the 4th quarter worth approximately $44,000. Institutional investors own 93.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on JBL. Argus lowered shares of Jabil from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th. The Goldman Sachs Group upped their target price on shares of Jabil from $141.00 to $161.00 and gave the stock a “buy” rating in a report on Monday, March 4th. StockNews.com cut shares of Jabil from a “buy” rating to a “hold” rating in a research note on Tuesday, March 26th. Finally, Barclays cut their price target on shares of Jabil from $151.00 to $149.00 and set an “overweight” rating for the company in a research note on Monday, March 18th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $144.50.

Jabil Price Performance

Shares of Jabil stock opened at $129.59 on Friday. Jabil Inc. has a 52-week low of $75.48 and a 52-week high of $156.94. The stock has a market capitalization of $15.63 billion, a price-to-earnings ratio of 11.12, a price-to-earnings-growth ratio of 1.38 and a beta of 1.40. The company has a fifty day moving average of $138.45 and a 200-day moving average of $131.19. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.72 and a current ratio of 1.17.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Friday, March 15th. The technology company reported $1.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.01). Jabil had a net margin of 4.70% and a return on equity of 39.47%. The business had revenue of $6.77 billion during the quarter, compared to analysts’ expectations of $6.91 billion. Equities research analysts expect that Jabil Inc. will post 7.83 EPS for the current year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 4th. Stockholders of record on Wednesday, May 15th will be paid a $0.08 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.25%. Jabil’s dividend payout ratio (DPR) is 2.75%.

Insider Activity

In other news, EVP Gerald Creadon sold 3,000 shares of the company’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $135.62, for a total value of $406,860.00. Following the completion of the sale, the executive vice president now owns 65,434 shares of the company’s stock, valued at approximately $8,874,159.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Jabil news, EVP Gerald Creadon sold 3,000 shares of the stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $135.62, for a total transaction of $406,860.00. Following the completion of the sale, the executive vice president now owns 65,434 shares of the company’s stock, valued at approximately $8,874,159.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP May Yee Yap sold 7,877 shares of the stock in a transaction on Monday, April 8th. The shares were sold at an average price of $139.65, for a total transaction of $1,100,023.05. Following the sale, the senior vice president now directly owns 29,006 shares of the company’s stock, valued at approximately $4,050,687.90. The disclosure for this sale can be found here. In the last 90 days, insiders sold 107,177 shares of company stock valued at $13,678,039. Corporate insiders own 2.62% of the company’s stock.

Jabil Company Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).