j2 Global, Inc. (NASDAQ:JCOM) is expected to pay $0.36 on Dec 5, 2016. The indicated annual dividend is $1.42. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on j2 Global, Inc.’s current price of $73.18, the dividend is 0.49%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 2, 2016. The stock increased 0.87% or $0.63 during the last trading session, hitting $73.18. J2 Global Inc (NASDAQ:JCOM) has risen 18.61% since April 13, 2016 and is uptrending. It has outperformed by 14.68% the S&P500.
j2 Global, Inc., together with its subsidiaries, is a well-known provider of Internet services. The company has a market cap of $3.64 billion. The Firm operates through two divisions: Business Cloud Services and Digital Media. It has a 18.57 P/E ratio. Through its Business Cloud Services Division, the Company provides cloud services to businesses of all sizes, from individuals to enterprises, and licenses its intellectual property to third parties.
Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.10, from 1.09 in 2016Q1. The ratio fall, as 37 funds sold all J2 Global Inc shares owned while 94 reduced positions. 32 funds bought stakes while 98 increased positions. They now own 47.31 million shares or 0.12% more from 47.25 million shares in 2016Q1.
Comerica Bankshares accumulated 0.02% or 32,718 shares. Timessquare Cap Management Lc reported 1.99M shares or 0.83% of all its holdings. Dimensional Fund Ltd Partnership reported 948,443 shares or 0.03% of all its holdings. Cim Inv Mangement last reported 7,078 shares in the company. Moreover, Metropolitan Life Insurance Communications Ny has 0.04% invested in J2 Global Inc (NASDAQ:JCOM) for 75,545 shares. Parametrica Limited reported 5,399 shares or 0.51% of all its holdings. National Bank Of Montreal Can accumulated 227,896 shares or 0.02% of the stock. Enterprise Ser accumulated 0.01% or 168 shares. Tompkins Financial Corporation has invested 0% of its portfolio in J2 Global Inc (NASDAQ:JCOM). Allianz Asset Mgmt Ag holds 0.05% of its portfolio in J2 Global Inc (NASDAQ:JCOM) for 1.39M shares. Moreover, Checchi Advisers Ltd has 0% invested in J2 Global Inc (NASDAQ:JCOM) for 420 shares. Eagle Asset Mngmt Inc accumulated 24,162 shares or 0.01% of the stock. Delta Asset Ltd Liability Com Tn has 0% invested in the company for 334 shares. The Maine-based Schroder Inv has invested 0.09% in J2 Global Inc (NASDAQ:JCOM). Blackrock last reported 21,565 shares in the company.
Insider Transactions: Since May 17, 2016, the stock had 0 insider buys, and 6 sales for $2.61 million net activity. Dunn Steve P. sold $136,000 worth of J2 Global Inc (NASDAQ:JCOM) on Tuesday, June 7. Shares for $448,494 were sold by KRETZMER W BRIAN. ROSSEN JEREMY sold 1,014 shares worth $67,946. $510,443 worth of J2 Global Inc (NASDAQ:JCOM) was sold by TURICCHI R SCOTT on Wednesday, September 14. ROSS STEPHEN sold 19,836 shares worth $1.35 million.
J2 Global Inc (NASDAQ:JCOM) Ratings Coverage
Out of 5 analysts covering j2 Global (NASDAQ:JCOM), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. j2 Global has been the topic of 9 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by FBR Capital on Wednesday, November 4 with “Mkt Perform”. The company was initiated on Friday, December 18 by JMP Securities. The stock of J2 Global Inc (NASDAQ:JCOM) has “Buy” rating given on Wednesday, August 17 by Citigroup. FBR Capital maintained the stock with “Mkt Perform” rating in Wednesday, August 5 report. The stock of J2 Global Inc (NASDAQ:JCOM) earned “Buy” rating by Citigroup on Friday, April 1. The firm has “Positive” rating by Susquehanna given on Monday, August 10. The firm has “Outperform” rating given on Wednesday, August 31 by Robert W. Baird.
More recent J2 Global Inc (NASDAQ:JCOM) news were published by: Businesswire.com which released: “j2 Global, Inc.’s Ziff Davis Announces Agreement to Acquire Everyday Health” on October 21, 2016. Also Labusinessjournal.com published the news titled: “J2 Global Inc. Acquires Another Six Companies in Q2” on July 11, 2016. Valuewalk.com‘s news article titled: “J2 Global Inc (JCOM): Citron Research Issues Big Sell Report” with publication date: March 10, 2016 was also an interesting one.
JCOM Company Profile
j2 Global, Inc., incorporated on May 29, 2014, together with its subsidiaries, is a well-known provider of Internet services. The Firm operates through two divisions: Business Cloud Services and Digital Media. Through its Business Cloud Services Division, the Company provides cloud services to businesses of all sizes, from individuals to enterprises, and licenses its intellectual property (IP) to third parties. In addition, the Business Cloud Services Division includes its j2 Cloud Connect business, which is primarily focused on its voice and fax products. The Company’s Digital Media Division specializes in the technology and gaming markets, reaching in-market buyers and influencers in both the consumer and business-to-business space.
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