Investors sentiment increased to 1.08 in Q4 2017. Its up 0.14, from 0.94 in 2017Q3. It increased, as 35 investors sold The Scotts Miracle-Gro Company shares while 93 reduced holdings. 48 funds opened positions while 90 raised stakes. 35.74 million shares or 6.92% less from 38.40 million shares in 2017Q3 were reported.
Bb&T Ltd Liability Company, a Virginia-based fund reported 26,008 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,492 shares. Los Angeles Cap And Equity Rech accumulated 21,859 shares. Johnson Gp stated it has 500 shares or 0.01% of all its holdings. Neuberger Berman Limited reported 815,847 shares stake. Moreover, Provise Grp Lc has 0.06% invested in The Scotts Miracle-Gro Company (NYSE:SMG). Shelton Cap Mgmt reported 3,338 shares. Thrivent Financial For Lutherans accumulated 0.06% or 153,739 shares. Virtus Invest Advisers Inc stated it has 0% of its portfolio in The Scotts Miracle-Gro Company (NYSE:SMG). Pnc Svcs Group invested 0.01% in The Scotts Miracle-Gro Company (NYSE:SMG). 2,550 are owned by Chevy Chase Tru Holdg. 26,322 were accumulated by Advsrs Asset Inc. The France-based Natixis Asset Mgmt has invested 0.16% in The Scotts Miracle-Gro Company (NYSE:SMG). Principal has invested 0.02% in The Scotts Miracle-Gro Company (NYSE:SMG). Voloridge Mngmt Ltd Company, a Florida-based fund reported 13,814 shares.
Since February 2, 2018, it had 1 insider purchase, and 4 selling transactions for $5.42 million activity. 1,650 The Scotts Miracle-Gro Company (NYSE:SMG) shares with value of $130,103 were sold by Johnson Stephen L. Another trade for 36,667 shares valued at $2.96 million was sold by Hagedorn Partnership – L.P.. Shares for $599,648 were bought by FINN BRIAN D.
The Scotts Miracle Gro (NYSE:SMG) Stock Upgrade
Shares of The Scotts Miracle Gro (NYSE:SMG) were upgraded by expert analysts at SunTrust Robinson Humphrey from a Hold rating to a solid Buy rating via an analyst note issued on Tuesday morning.
The Scotts Miracle-Gro Company (NYSE:SMG) Ratings Coverage
Among 3 analysts covering Scotts Miracle-Gro Company (NYSE:SMG), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Scotts Miracle-Gro Company has $120.0 highest and $8000 lowest target. $95’s average target is 14.00% above currents $83.33 stock price. Scotts Miracle-Gro Company had 4 analyst reports since November 22, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, November 22 by KeyBanc Capital Markets. The rating was downgraded by Bank of America on Wednesday, May 2 to “Underperform”.
The stock increased 1.98% or $1.62 during the last trading session, reaching $83.33. About 131,523 shares traded. The Scotts Miracle-Gro Company (NYSE:SMG) has declined 6.67% since May 15, 2017 and is downtrending. It has underperformed by 18.22% the S&P500.
Analysts await The Scotts Miracle-Gro Company (NYSE:SMG) to report earnings on August, 7. They expect $2.68 EPS, up 1.90 % or $0.05 from last year’s $2.63 per share. SMG’s profit will be $148.39M for 7.77 P/E if the $2.68 EPS becomes a reality. After $2.88 actual EPS reported by The Scotts Miracle-Gro Company for the previous quarter, Wall Street now forecasts -6.94 % negative EPS growth.
The Scotts Miracle-Gro Company manufactures, markets, and sells consumer lawn and garden products worldwide. The company has market cap of $4.61 billion. The Company’s Lawn Care segment offers lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products. It has a 18.93 P/E ratio. The companyÂ’s Gardening and Landscape segment provides water soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, live goods and seeding solutions, and hydroponic gardening products.
More notable recent The Scotts Miracle-Gro Company (NYSE:SMG) news were published by: Investorplace.com which released: “30 Marijuana Stocks to Buy as the Future Turns Green” on May 14, 2018, also Seekingalpha.com with their article: “Scotts Miracle-Gro: Dividend Stock Analysis” published on May 11, 2018, Streetinsider.com published: “UPDATE: SunTrust Robinson Humphrey Upgrades Scotts Miracle-Gro (SMG) to Buy” on May 15, 2018. More interesting news about The Scotts Miracle-Gro Company (NYSE:SMG) were released by: Seekingalpha.com and their article: “Verizon Could Go To $50-51 – Cramer’s Lightning Round (5/10/18)” published on May 11, 2018 as well as Globenewswire.com‘s news article titled: “The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment” with publication date: April 30, 2018.
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