J2 Global Inc (NASDAQ:JCOM) Institutional Investors Quarterly Sentiment

October 13, 2017 - By Linda Rogers

 J2 Global Inc (NASDAQ:JCOM) Institutional Investors Quarterly Sentiment

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 worsened, as 123 investment professionals opened new and increased holdings, while 114 sold and decreased positions in J2 Global Inc. The investment professionals in our partner’s database now hold: 46.55 million shares, up from 46.24 million shares in 2017Q1. Also, the number of investment professionals holding J2 Global Inc in their top 10 holdings 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.

Analysts expect J2 Global Inc (NASDAQ:JCOM) to report $1.32 EPS on November, 7.They anticipate $0.13 EPS change or 10.92 % from last quarter’s $1.19 EPS. JCOM’s profit would be $63.86M giving it 14.95 P/E if the $1.32 EPS is correct. After having $1.25 EPS previously, J2 Global Inc’s analysts see 5.60 % EPS growth.

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 sales 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. The firm has “Mkt Outperform” rating by JMP Securities given on Friday, December 18. The rating was maintained by Citigroup on Wednesday, August 17 with “Buy”. The stock has “Neutral” rating by Citigroup on Monday, August 7. The stock of J2 Global Inc (NASDAQ:JCOM) has “Positive” rating given on Monday, August 10 by Susquehanna. The stock of J2 Global Inc (NASDAQ:JCOM) earned “Mkt Perform” rating by FBR Capital on Wednesday, August 5. The firm earned “Neutral” rating on Wednesday, January 25 by Citigroup. Robert W. Baird initiated the stock with “Outperform” rating in Wednesday, August 31 report. FBR Capital maintained J2 Global Inc (NASDAQ:JCOM) on Wednesday, November 4 with “Mkt Perform” rating. Citigroup upgraded the shares of JCOM in report on Friday, April 1 to “Buy” rating.

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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