J2 Global Inc (NASDAQ:JCOM) Institutional Investor Sentiment Is 1.08

October 13, 2017 - By Vivian Park

 J2 Global Inc (NASDAQ:JCOM) Institutional Investor Sentiment Is 1.08

Sentiment for J2 Global Inc (NASDAQ:JCOM)

J2 Global Inc (NASDAQ:JCOM) institutional sentiment decreased to 1.08 in 2017 Q2. Its down -0.28, from 1.36 in 2017Q1. The ratio fall, as 123 investment managers increased or started new equity positions, while 114 cut down and sold their holdings in J2 Global Inc. The investment managers in our partner’s database now hold: 46.55 million shares, up from 46.24 million shares in 2017Q1. Also, the number of investment managers holding J2 Global Inc in their top 10 equity positions was flat from 5 to 5 for the same number . Sold All: 28 Reduced: 86 Increased: 92 New Position: 31.

j2 Global, Inc., together with its subsidiaries, is a well-known provider of Internet services. The company has market cap of $3.82 billion. The Firm operates through two divisions: Business Cloud Services and Digital Media. It has a 26.42 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.

The stock increased 0.59% or $0.46 during the last trading session, reaching $78.96. About 472,269 shares traded or 27.54% up from the average. J2 Global Inc (NASDAQ:JCOM) has risen 30.53% since October 13, 2016 and is uptrending. It has outperformed by 13.83% the S&P500.

Investors wait J2 Global Inc (NASDAQ:JCOM) to report on November, 7. its quarterly earnings Wall Street analysts expect $1.32 earnings per share, up $0.13 or 10.92 % from last year’s $1.19 same quarter earnings. This translates into $63.86 million profit for JCOM giving the stock a 14.95 P/E. This is assuming the current $1.32 EPS is accurate. J2 Global Inc’s Wall Street analysts see 5.60 % EPS growth, taking into account the $1.25 EPS reproted in the previous quarter,

Brave Asset Management Inc holds 3.4% of its portfolio in J2 Global Inc for 75,031 shares. Pembroke Management Ltd owns 326,286 shares or 2.47% of their US portfolio. Moreover, Copeland Capital Management Llc has 2.08% invested in the company for 373,693 shares. The Connecticut-based Cardinal Capital Management Llc Ct has invested 2.01% in the stock. S&T Bank Pa, a Pennsylvania-based fund reported 125,227 shares.#img1#

Since January 1, 0001, it had 0 buys, and 6 selling transactions for $3.88 million activity.

J2 Global Inc (NASDAQ:JCOM) Ratings Coverage

Ratings analysis reveals 60% of j2 Global’s analysts are positive. Out of 5 Wall Street analysts rating j2 Global, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $73 while the high is $95. The stock’s average target of $87 is 10.18% above today’s ($78.96) share price. JCOM was included in 11 notes of analysts from August 5, 2015. Susquehanna initiated the stock with “Positive” rating in Monday, August 10 report. The rating was initiated by JMP Securities with “Mkt Outperform” on Friday, December 18. The stock of J2 Global Inc (NASDAQ:JCOM) earned “Buy” rating by Citigroup on Wednesday, August 17. The firm earned “Outperform” rating on Wednesday, August 31 by Robert W. Baird. The stock has “Neutral” rating by Citigroup on Monday, August 7. On Wednesday, November 4 the stock rating was maintained by FBR Capital with “Mkt Perform”. FBR Capital maintained the shares of JCOM in report on Wednesday, August 5 with “Mkt Perform” rating. On Wednesday, January 25 the stock rating was downgraded by Citigroup to “Neutral”. The stock of J2 Global Inc (NASDAQ:JCOM) earned “Buy” rating by Citigroup on Friday, April 1.

More important recent J2 Global Inc (NASDAQ:JCOM) news were published by: Businesswire.com which released: “j2 Global Completes Two Acquisitions in Q3 2017; Announces Two Additional …” on October 12, 2017, also Seekingalpha.com published article titled: “Rapid Growth And Quarterly Dividend Increases: j2 Global”, Streetinsider.com published: “J2 Global (JCOM) Subsidiary Ziff Davis LLC Agrees to Sell Tea Leaves Health to …” on October 11, 2017. More interesting news about J2 Global Inc (NASDAQ:JCOM) was released by: Bizjournals.com and their article: “J2 Global names new CEO” with publication date: September 28, 2017.

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