Traders Purchase Large Volume of Jacobs Engineering Group Call Options (NYSE:JEC)
Jacobs Engineering Group Inc (NYSE:JEC) was the target of some unusual options trading activity on Thursday. Traders bought 1,645 call options on the stock. This represents an increase of approximately 2,553% compared to the typical volume of 62 call options.
In other news, Director Joseph R. Bronson sold 6,125 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $63.01, for a total value of $385,936.25. Following the completion of the sale, the director now owns 30,496 shares in the company, valued at approximately $1,921,552.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.74% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the business. Scotia Capital Inc. grew its position in Jacobs Engineering Group by 0.5% during the 2nd quarter. Scotia Capital Inc. now owns 24,145 shares of the construction company’s stock worth $1,313,000 after purchasing an additional 121 shares during the last quarter. Security National Bank of SO Dak grew its position in Jacobs Engineering Group by 0.5% during the 2nd quarter. Security National Bank of SO Dak now owns 28,544 shares of the construction company’s stock worth $1,552,000 after purchasing an additional 146 shares during the last quarter. Comerica Bank grew its position in Jacobs Engineering Group by 0.6% during the 2nd quarter. Comerica Bank now owns 32,839 shares of the construction company’s stock worth $1,713,000 after purchasing an additional 182 shares during the last quarter. Security National Bank of Sioux City Iowa IA grew its position in Jacobs Engineering Group by 0.7% during the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 33,540 shares of the construction company’s stock worth $1,825,000 after purchasing an additional 233 shares during the last quarter. Finally, Advisor Group Inc. grew its position in Jacobs Engineering Group by 18.8% during the 2nd quarter. Advisor Group Inc. now owns 2,140 shares of the construction company’s stock worth $117,000 after purchasing an additional 339 shares during the last quarter. 72.22% of the stock is currently owned by institutional investors.
Shares of Jacobs Engineering Group (JEC) traded up $1.10 during trading on Monday, hitting $71.05. 1,446,513 shares of the stock were exchanged, compared to its average volume of 989,556. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.56. Jacobs Engineering Group has a 52-week low of $49.31 and a 52-week high of $72.18. The stock has a market cap of $10,110.00, a P/E ratio of 29.36, a P/E/G ratio of 1.40 and a beta of 1.56.
Jacobs Engineering Group (NYSE:JEC) last issued its quarterly earnings data on Tuesday, November 21st. The construction company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.16. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.58 billion. Jacobs Engineering Group had a net margin of 2.93% and a return on equity of 9.18%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 EPS. equities research analysts expect that Jacobs Engineering Group will post 3.73 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, February 16th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, February 15th. Jacobs Engineering Group’s dividend payout ratio is presently 24.79%.
Jacobs Engineering Group Company Profile
Jacobs Engineering Group Inc is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company’s services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services.
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