Fort L.P. grew its holdings in shares of Jacobs Engineering Group Inc (NYSE:JEC) by 12.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,275 shares of the construction company’s stock after acquiring an additional 3,111 shares during the quarter. Fort L.P.’s holdings in Jacobs Engineering Group were worth $2,162,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Malaga Cove Capital LLC boosted its position in shares of Jacobs Engineering Group by 0.8% during the 4th quarter. Malaga Cove Capital LLC now owns 40,550 shares of the construction company’s stock valued at $3,643,000 after acquiring an additional 317 shares during the last quarter. Aviva PLC boosted its position in shares of Jacobs Engineering Group by 0.9% during the 4th quarter. Aviva PLC now owns 62,146 shares of the construction company’s stock valued at $5,583,000 after acquiring an additional 571 shares during the last quarter. Raymond James & Associates lifted its position in Jacobs Engineering Group by 25.5% in the 4th quarter. Raymond James & Associates now owns 44,357 shares of the construction company’s stock worth $3,985,000 after buying an additional 9,001 shares during the last quarter. Private Capital Group LLC bought a new stake in Jacobs Engineering Group in the 1st quarter worth approximately $120,000. Finally, Geode Capital Management LLC lifted its position in Jacobs Engineering Group by 4.4% in the 4th quarter. Geode Capital Management LLC now owns 2,173,198 shares of the construction company’s stock worth $194,829,000 after buying an additional 91,331 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.
NYSE:JEC traded down $3.72 during mid-day trading on Thursday, reaching $84.87. The stock had a trading volume of 822,685 shares, compared to its average volume of 1,245,781. The firm has a 50 day moving average price of $80.64 and a two-hundred day moving average price of $87.12. The stock has a market capitalization of $11.80 billion, a P/E ratio of 16.81, a P/E/G ratio of 1.31 and a beta of 1.35. Jacobs Engineering Group Inc has a one year low of $55.17 and a one year high of $98.08. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.34.
Jacobs Engineering Group Profile
Jacobs Engineering Group Inc provides technical, professional, and construction services. The company's Aerospace, Technology, Environmental and Nuclear segment offers scientific, engineering, construction, nuclear, environmental, and technical support services to the aerospace, defense, technical, and automotive industries.
Recommended Story: Neutral Rating
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 MarketBeat.com's FREE daily email newsletter.