Rhumbline Advisers decreased its position in shares of Jacobs Engineering Group Inc (NYSE:JEC) by 0.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 184,715 shares of the construction company’s stock after selling 1,673 shares during the period. Rhumbline Advisers owned about 0.15% of Jacobs Engineering Group worth $10,763,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Swiss National Bank grew its holdings in shares of Jacobs Engineering Group by 2.9% during the 2nd quarter. Swiss National Bank now owns 441,043 shares of the construction company’s stock worth $23,988,000 after acquiring an additional 12,500 shares during the period. Greenwood Capital Associates LLC grew its holdings in shares of Jacobs Engineering Group by 6.4% during the 2nd quarter. Greenwood Capital Associates LLC now owns 7,847 shares of the construction company’s stock worth $427,000 after acquiring an additional 470 shares during the period. Legal & General Group Plc grew its holdings in shares of Jacobs Engineering Group by 6.0% during the 2nd quarter. Legal & General Group Plc now owns 715,762 shares of the construction company’s stock worth $38,928,000 after acquiring an additional 40,249 shares during the period. First Quadrant L P CA grew its holdings in shares of Jacobs Engineering Group by 17.1% during the 3rd quarter. First Quadrant L P CA now owns 302,358 shares of the construction company’s stock worth $17,618,000 after acquiring an additional 44,080 shares during the period. Finally, Prudential Financial Inc. grew its holdings in shares of Jacobs Engineering Group by 61.5% during the 2nd quarter. Prudential Financial Inc. now owns 321,304 shares of the construction company’s stock worth $17,476,000 after acquiring an additional 122,362 shares during the period. Hedge funds and other institutional investors own 85.16% of the company’s stock.

A number of research analysts have weighed in on the company. Robert W. Baird reiterated a “hold” rating and set a $69.00 target price on shares of Jacobs Engineering Group in a report on Friday. Jefferies Group LLC restated a “hold” rating and issued a $61.00 price target on shares of Jacobs Engineering Group in a research note on Friday, August 4th. KeyCorp restated a “buy” rating and issued a $60.00 price target on shares of Jacobs Engineering Group in a research note on Friday, August 25th. BidaskClub downgraded Jacobs Engineering Group from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th. Finally, ValuEngine upgraded Jacobs Engineering Group from a “hold” rating to a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $67.57.

Jacobs Engineering Group Inc (NYSE:JEC) opened at $63.29 on Friday. The stock has a market capitalization of $7,803.79, a P/E ratio of 20.06, a P/E/G ratio of 1.42 and a beta of 1.51. Jacobs Engineering Group Inc has a 12-month low of $49.31 and a 12-month high of $65.80. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.56 and a quick ratio of 1.60.

Jacobs Engineering Group (NYSE:JEC) last released its quarterly earnings data on Tuesday, November 21st. The construction company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.16. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.58 billion. Jacobs Engineering Group had a return on equity of 9.18% and a net margin of 2.93%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 EPS. equities analysts anticipate that Jacobs Engineering Group Inc will post 3.4 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, October 13th were given a $0.15 dividend. The ex-dividend date was Thursday, October 12th. This represents a $0.60 annualized dividend and a yield of 0.95%. Jacobs Engineering Group’s dividend payout ratio (DPR) is presently 24.69%.

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About Jacobs Engineering Group

Jacobs Engineering Group Inc is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company’s services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services.

Institutional Ownership by Quarter for Jacobs Engineering Group (NYSE:JEC)

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