John Bean Technologies Corp (NYSE:JBT) Institutional Investor Sentiment Analysis

August 16, 2017 - By Peter Erickson

 John Bean Technologies Corp (NYSE:JBT) Institutional Investor Sentiment Analysis

Sentiment for John Bean Technologies Corp (NYSE:JBT)

John Bean Technologies Corp (NYSE:JBT) institutional sentiment increased to 1.12 in 2016 Q4. Its up 0.32, from 0.8 in 2016Q3. The ratio has increased, as 105 investment professionals opened new or increased holdings, while 94 decreased and sold positions in John Bean Technologies Corp. The investment professionals in our partner’s database reported: 28.39 million shares, down from 28.48 million shares in 2016Q3. Also, the number of investment professionals holding John Bean Technologies Corp in their top 10 holdings decreased from 4 to 2 for a decrease of 2. Sold All: 16 Reduced: 78 Increased: 59 New Position: 46.

John Bean Technologies Corporation is a technology solutions well-known provider to the divisions of the food and beverage industry with focus on proteins, liquid foods and automated system solutions. The company has market cap of $2.81 billion. It operates through two divisions: JBT FoodTech and JBT AeroTech. It has a 33.78 P/E ratio. The JBT FoodTech segment designs, makes and services technologically food processing systems used for fruit juice production, frozen food production, in-container food production, automated systems and convenience food preparation by the food industry.

The stock increased 0.23% or $0.2 during the last trading session, reaching $88.8. About 142,156 shares traded. John Bean Technologies Corp (NYSE:JBT) has risen 40.52% since August 16, 2016 and is uptrending. It has outperformed by 23.82% the S&P500.

Profit Investment Management Llc holds 2.13% of its portfolio in John Bean Technologies Corp for 26,262 shares. Keeley Asset Management Corp owns 572,000 shares or 2.09% of their US portfolio. Moreover, Timpani Capital Management Llc has 1.9% invested in the company for 53,174 shares. The Illinois-based Channing Capital Management Llc has invested 1.85% in the stock. Tygh Capital Management Inc., a Oregon-based fund reported 81,753 shares.#img1#

John Bean Technologies Corp (NYSE:JBT) Ratings Coverage

Ratings analysis reveals 78% of John Bean Technologies Corporation’s analysts are positive. Out of 9 Wall Street analysts rating John Bean Technologies Corporation, 7 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $75 while the high is $105. The stock’s average target of $93.33 is 5.10% above today’s ($88.8) share price. JBT was included in 10 notes of analysts from April 19, 2016. J.P. Morgan initiated John Bean Technologies Corp (NYSE:JBT) on Friday, June 2 with “Hold” rating. The firm has “Neutral” rating given on Friday, December 2 by Sidoti. The firm has “Outperform” rating by William Blair given on Tuesday, April 19. The firm has “Buy” rating given on Wednesday, April 12 by CL King. BB&T Capital initiated the stock with “Buy” rating in Friday, June 17 report. As per Tuesday, February 28, the company rating was upgraded by Sidoti. The rating was maintained by BMO Capital Markets with “Outperform” on Tuesday, April 11.

More important recent John Bean Technologies Corp (NYSE:JBT) news were published by: Nasdaq.com which released: “Cash Dividend On The Way From John Bean Technologies (JBT)” on August 15, 2017, also Prnewswire.com published article titled: “John Bean Technologies Corporation Prices Public Offering of Common Stock”, Prnewswire.com published: “JBT Corporation Announces Second Quarter 2017 Earnings Release and Conference …” on July 11, 2017. More interesting news about John Bean Technologies Corp (NYSE:JBT) was released by: Prnewswire.com and their article: “JBT Corporation Announces First Quarter 2017 Earnings Release and Conference …” with publication date: April 06, 2017.

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