Security National Bank of Sioux City Iowa IA raised its holdings in Jacobs Engineering Group Inc (NYSE:JEC) by 4.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,120 shares of the construction company’s stock after acquiring an additional 1,580 shares during the quarter. Jacobs Engineering Group makes up 2.0% of Security National Bank of Sioux City Iowa IA’s holdings, making the stock its 10th largest holding. Security National Bank of Sioux City Iowa IA’s holdings in Jacobs Engineering Group were worth $2,046,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. CIBC Asset Management Inc grew its position in Jacobs Engineering Group by 0.3% in the 2nd quarter. CIBC Asset Management Inc now owns 11,950 shares of the construction company’s stock valued at $650,000 after acquiring an additional 34 shares during the last quarter. Scotia Capital Inc. grew its position in shares of Jacobs Engineering Group by 0.5% during the 2nd quarter. Scotia Capital Inc. now owns 24,145 shares of the construction company’s stock worth $1,313,000 after buying an additional 121 shares in the last quarter. Security National Bank of SO Dak grew its position in shares of Jacobs Engineering Group by 0.5% during the 2nd quarter. Security National Bank of SO Dak now owns 28,544 shares of the construction company’s stock worth $1,552,000 after buying an additional 146 shares in the last quarter. High Pointe Capital Management LLC grew its position in shares of Jacobs Engineering Group by 1.9% during the 2nd quarter. High Pointe Capital Management LLC now owns 8,920 shares of the construction company’s stock worth $485,000 after buying an additional 170 shares in the last quarter. Finally, Comerica Bank grew its position in shares of Jacobs Engineering Group by 0.6% during the 2nd quarter. Comerica Bank now owns 32,839 shares of the construction company’s stock worth $1,713,000 after buying an additional 182 shares in the last quarter. 85.14% of the stock is currently owned by institutional investors.

Shares of Jacobs Engineering Group Inc (JEC) traded up $0.01 during midday trading on Wednesday, hitting $68.39. The company had a trading volume of 714,400 shares, compared to its average volume of 822,816. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.05. The stock has a market cap of $8,241.25, a PE ratio of 21.17, a P/E/G ratio of 1.49 and a beta of 1.56. Jacobs Engineering Group Inc has a 1 year low of $49.31 and a 1 year high of $68.97.

Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings data on Tuesday, November 21st. The construction company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.16. The firm had revenue of $2.65 billion during 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 business posted $0.77 EPS. analysts predict that Jacobs Engineering Group Inc will post 3.44 EPS for the current year.

JEC has been the topic of a number of recent research reports. Robert W. Baird reissued a “hold” rating and set a $69.00 price target on shares of Jacobs Engineering Group in a research report on Friday, November 24th. BidaskClub raised Jacobs Engineering Group from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Barclays initiated coverage on Jacobs Engineering Group in a research report on Tuesday. They set an “overweight” rating and a $75.00 price target on the stock. Zacks Investment Research downgraded Jacobs Engineering Group from a “buy” rating to a “hold” rating in a research report on Thursday, November 23rd. Finally, KeyCorp increased their price target on Jacobs Engineering Group from $65.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 22nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $68.20.

In related news, Director Joseph R. Bronson sold 6,125 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $63.01, for a total transaction of $385,936.25. Following the completion of the sale, the director now directly owns 30,496 shares in the company, valued at approximately $1,921,552.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.74% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Security National Bank of Sioux City Iowa IA Has $2.05 Million Holdings in Jacobs Engineering Group Inc (JEC)” was first published by Watch List News and is the property of of Watch List News. If you are viewing this piece on another domain, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be accessed at https://www.watchlistnews.com/security-national-bank-of-sioux-city-iowa-ia-has-2-05-million-holdings-in-jacobs-engineering-group-inc-jec/1761906.html.

Jacobs Engineering Group Profile

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.

Want to see what other hedge funds are holding JEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jacobs Engineering Group Inc (NYSE:JEC).

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

Receive News & Ratings for Jacobs Engineering Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Engineering Group and related companies with Analyst Ratings Network's FREE daily email newsletter.