3D Asset Management Inc. bought a new stake in shares of Jacobs Engineering Group Inc. (NYSE:JEC) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,485 shares of the construction company’s stock, valued at approximately $261,000.

A number of other institutional investors have also added to or reduced their stakes in JEC. Toronto Dominion Bank increased its stake in shares of Jacobs Engineering Group by 11.9% in the 3rd quarter. Toronto Dominion Bank now owns 45,643 shares of the construction company’s stock valued at $2,659,000 after acquiring an additional 4,840 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Jacobs Engineering Group by 1.6% in the 3rd quarter. New York State Common Retirement Fund now owns 342,638 shares of the construction company’s stock valued at $19,966,000 after acquiring an additional 5,425 shares during the last quarter. Jarislowsky Fraser Ltd bought a new stake in shares of Jacobs Engineering Group in the 3rd quarter valued at about $186,000. Sei Investments Co. increased its stake in shares of Jacobs Engineering Group by 32.9% in the 3rd quarter. Sei Investments Co. now owns 122,915 shares of the construction company’s stock valued at $7,162,000 after acquiring an additional 30,419 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in shares of Jacobs Engineering Group by 118.5% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 124,317 shares of the construction company’s stock valued at $7,244,000 after acquiring an additional 67,424 shares during the last quarter. Institutional investors own 83.33% of the company’s stock.

Jacobs Engineering Group Inc. (JEC) traded down $0.28 during midday trading on Monday, reaching $59.75. The company had a trading volume of 228,244 shares, compared to its average volume of 819,183. Jacobs Engineering Group Inc. has a twelve month low of $49.31 and a twelve month high of $63.42. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.07. The company has a market cap of $7,130.00, a PE ratio of 19.88, a price-to-earnings-growth ratio of 1.72 and a beta of 1.51.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, October 13th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.60 dividend on an annualized basis and a yield of 1.00%. Jacobs Engineering Group’s payout ratio is 31.75%.

JEC has been the subject of a number of recent analyst reports. BidaskClub cut Jacobs Engineering Group from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Citigroup Inc. cut Jacobs Engineering Group from a “buy” rating to a “neutral” rating and set a $62.00 price target for the company. in a research note on Thursday, August 3rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $61.00 price target on shares of Jacobs Engineering Group in a research note on Friday, August 4th. Zacks Investment Research raised Jacobs Engineering Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $60.00 price target on shares of Jacobs Engineering Group in a research note on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Jacobs Engineering Group has an average rating of “Hold” and a consensus target price of $62.56.

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Jacobs Engineering Group 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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Institutional Ownership by Quarter for Jacobs Engineering Group (NYSE:JEC)

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