Jabil Circuit, Inc. (NYSE:JBL) is expected to pay $0.08 on Dec 1, 2016. The indicated annual dividend is $0.32. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Jabil Circuit, Inc.’s current price of $21.31, the dividend is 0.38%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 21, 2016. The stock increased 1.00% or $0.21 during the last trading session, hitting $21.31. Jabil Circuit, Inc. (NYSE:JBL) has risen 17.15% since April 7, 2016 and is uptrending. It has outperformed by 12.37% the S&P500.
Jabil circuit, Inc. provides electronic manufacturing services and solutions throughout the world. The company has a market cap of $4.08 billion. The Firm operates in two divisions, which include Electronics Manufacturing Services and Diversified Manufacturing Services (DMS). It has a 16.19 P/E ratio. The Company’s EMS segment is focused on leveraging information technology (IT), supply chain design and engineering, technologies centered on core electronics, sharing of its large scale manufacturing infrastructure and the ability to serve a range of markets.
Insitutional Activity: The institutional sentiment decreased to 0.83 in Q2 2016. Its down 0.24, from 1.07 in 2016Q1. The ratio worsened, as 53 funds sold all Jabil Circuit, Inc. shares owned while 104 reduced positions. 33 funds bought stakes while 97 increased positions. They now own 169.60 million shares or 4.07% less from 176.79 million shares in 2016Q1.
Alyeska Inv Grp Limited Partnership owns 1.19 million shares or 0.22% of their US portfolio. Moreover, Nuveen Asset Mgmt Lc has 0.06% invested in Jabil Circuit, Inc. (NYSE:JBL) for 490,054 shares. Arcadia Inv Mngmt Corporation Mi last reported 0.01% of its portfolio in the stock. Pzena Investment Mgmt Limited Com owns 713,963 shares or 0.08% of their US portfolio. Sentinel Trust Lba owns 47,124 shares or 0.12% of their US portfolio. Principal Fincl Group Incorporated accumulated 0.02% or 719,024 shares. Financial Bank Of America De reported 1.24M shares or 0.01% of all its holdings. Comerica Savings Bank reported 412,735 shares or 0.07% of all its holdings. Convergence Investment Partners Limited Liability Corp reported 105,524 shares or 0.27% of all its holdings. Oakbrook Limited Liability Co has invested 0.02% of its portfolio in Jabil Circuit, Inc. (NYSE:JBL). Kempen Cap Mngmt Nv holds 0.06% or 26,295 shares in its portfolio. Moreover, Fifth Third National Bank & Trust has 0% invested in Jabil Circuit, Inc. (NYSE:JBL) for 30,088 shares. Kanaly Trust holds 206 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa accumulated 0.03% or 338,303 shares. The New Jersey-based Bessemer Incorporated has invested 0% in Jabil Circuit, Inc. (NYSE:JBL).
Insider Transactions: Since July 26, 2016, the stock had 0 insider buys, and 6 insider sales for $901,873 net activity. Loparco Michael J also sold $43,800 worth of Jabil Circuit, Inc. (NYSE:JBL) on Thursday, September 15. On Monday, September 19 the insider MONDELLO MARK T sold $230,000. PETERS WILLIAM E sold $465,000 worth of stock or 20,000 shares. On Thursday, September 15 Cadavid Sergio sold $16,148 worth of the stock or 734 shares.
Jabil Circuit, Inc. (NYSE:JBL) Ratings Coverage
Out of 12 analysts covering Jabil Circuit (NYSE:JBL), 4 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 33% are positive. Jabil Circuit has been the topic of 26 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The stock of Jabil Circuit, Inc. (NYSE:JBL) earned “Sector Perform” rating by RBC Capital Markets on Thursday, September 22. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, December 17. The rating was upgraded by UBS on Wednesday, September 21 to “Buy”. The stock of Jabil Circuit, Inc. (NYSE:JBL) has “Sector Perform” rating given on Friday, September 25 by RBC Capital Markets. The stock of Jabil Circuit, Inc. (NYSE:JBL) earned “Hold” rating by Deutsche Bank on Thursday, September 22. Briley maintained the stock with “Buy” rating in Monday, September 19 report. B. Riley & Co initiated Jabil Circuit, Inc. (NYSE:JBL) rating on Friday, October 9. B. Riley & Co has “Buy” rating and $29 price target. As per Thursday, June 16, the company rating was maintained by UBS. On Thursday, March 17 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm has “Buy” rating given on Thursday, March 17 by B. Riley & Co.
More notable recent Jabil Circuit, Inc. (NYSE:JBL) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Jabil Circuit, Applied Industrial Technologies and MAXIMUS” on November 08, 2016, also Wsj.com with their article: “Jabil Circuit Profit Falls” published on September 21, 2016, Investorplace.com published: “3 Reasons Jabil Circuit, Inc. Is a Great Value Stock (JBL)” on October 25, 2016. More interesting news about Jabil Circuit, Inc. (NYSE:JBL) were released by: Forbes.com and their article: “Jabil Circuit Stock Sees Short Interest Decrease By 25%” published on October 14, 2016 as well as Investorplace.com‘s news article titled: “Trade of the Day: Buy the Gap in Jabil Circuit Inc. (JBL) Stock” with publication date: October 11, 2016.
JBL Company Profile
Jabil circuit, Inc., incorporated on February 21, 1992, which provides electronic manufacturing services and solutions throughout the world. The Firm operates in two divisions, which include Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). The Firm provides electronic design, production and product management services to companies in the automotive, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, emerging growth, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale and printing industries. The Firm serves its clients primarily with business units that combine automated, continuous flow manufacturing with electronic design and design for manufacturability.
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