Wellington Management Group LLP Cuts Stake in Jacobs Engineering Group Inc (NYSE:JEC)

Wellington Management Group LLP cut its stake in Jacobs Engineering Group Inc (NYSE:JEC) by 95.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,577 shares of the construction company’s stock after selling 54,681 shares during the quarter. Wellington Management Group LLP’s holdings in Jacobs Engineering Group were worth $204,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Alliancebernstein L.P. increased its stake in Jacobs Engineering Group by 21.1% during the 1st quarter. Alliancebernstein L.P. now owns 3,337,413 shares of the construction company’s stock worth $264,557,000 after buying an additional 580,663 shares in the last quarter. Geode Capital Management LLC raised its stake 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 valued at $194,829,000 after purchasing an additional 91,331 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Jacobs Engineering Group by 12.6% in the 1st quarter. Bank of New York Mellon Corp now owns 1,678,139 shares of the construction company’s stock valued at $133,027,000 after purchasing an additional 187,208 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Jacobs Engineering Group by 1.3% during the first quarter. Legal & General Group Plc now owns 1,015,905 shares of the construction company’s stock worth $80,498,000 after buying an additional 12,846 shares in the last quarter. Finally, Madison Asset Management LLC acquired a new stake in shares of Jacobs Engineering Group in the fourth quarter valued at about $90,210,000. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE JEC opened at $84.83 on Wednesday. The stock has a market cap of $11.30 billion, a PE ratio of 16.80, a P/E/G ratio of 1.31 and a beta of 1.35. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Jacobs Engineering Group Inc has a 12-month low of $55.17 and a 12-month high of $98.08. The company has a 50-day moving average of $81.78 and a 200 day moving average of $86.52.

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.

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

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