Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 63,399 Jabil Inc. (NYSE:JBL)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Jabil Inc. (NYSE:JBL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 63,399 shares of the technology company's stock, valued at approximately $9,123,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Jabil as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of JBL. SBI Securities Co. Ltd. bought a new stake in shares of Jabil in the fourth quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp bought a new position in Jabil during the fourth quarter valued at $29,000. Millstone Evans Group LLC bought a new stake in Jabil during the fourth quarter valued at about $37,000. First Horizon Advisors Inc. grew its position in Jabil by 90.3% during the 4th quarter. First Horizon Advisors Inc. now owns 274 shares of the technology company's stock worth $39,000 after purchasing an additional 130 shares during the period. Finally, GHP Investment Advisors Inc. acquired a new stake in shares of Jabil in the fourth quarter valued at about $43,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Jabil

In other news, Chairman Mark T. Mondello sold 20,000 shares of the business's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $166.75, for a total transaction of $3,335,000.00. Following the completion of the transaction, the chairman now owns 1,710,192 shares of the company's stock, valued at approximately $285,174,516. The trade was a 1.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael Dastoor sold 10,000 shares of Jabil stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $169.90, for a total value of $1,699,000.00. Following the transaction, the chief executive officer now owns 221,693 shares of the company's stock, valued at $37,665,640.70. This trade represents a 4.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,000 shares of company stock valued at $7,665,200 over the last quarter. 1.73% of the stock is owned by company insiders.

Jabil Trading Down 0.7%

NYSE:JBL traded down $1.19 on Wednesday, reaching $171.80. 951,983 shares of the company's stock were exchanged, compared to its average volume of 1,424,118. The business has a fifty day moving average of $148.62 and a 200-day moving average of $148.51. Jabil Inc. has a 52-week low of $95.85 and a 52-week high of $174.80. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $18.44 billion, a price-to-earnings ratio of 16.47, a price-to-earnings-growth ratio of 1.65 and a beta of 1.14.

Jabil (NYSE:JBL - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The technology company reported $1.94 earnings per share for the quarter, topping analysts' consensus estimates of $1.83 by $0.11. The company had revenue of $6.73 billion for the quarter, compared to the consensus estimate of $6.40 billion. Jabil had a net margin of 4.71% and a return on equity of 41.87%. Jabil's revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $1.68 earnings per share. As a group, analysts expect that Jabil Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Thursday, May 15th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.19%. The ex-dividend date of this dividend was Thursday, May 15th. Jabil's dividend payout ratio is currently 7.66%.

Wall Street Analyst Weigh In

JBL has been the subject of several recent analyst reports. Wall Street Zen raised Jabil from a "hold" rating to a "buy" rating in a report on Monday, May 19th. JPMorgan Chase & Co. reduced their price objective on Jabil from $175.00 to $154.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Barclays lifted their price target on shares of Jabil from $179.00 to $184.00 and gave the company an "overweight" rating in a report on Friday, March 21st. The Goldman Sachs Group lowered their target price on Jabil from $175.00 to $146.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Finally, UBS Group raised their target price on shares of Jabil from $152.00 to $157.00 and gave the company a "neutral" rating in a research report on Friday, March 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $158.50.

Jabil Company Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).