Will UBS’s BUY Rating Inspire Jabil Circuit’s Top Institutional Shareholders to Purchase More?

So far this year, Jabil Circuit’s (NYSE:JBL) shares are down 3.31 percent. On Thursday, UBS AG reiterated its “Buy” rating on the company. Recently other analysts have released reports on the company including Citigroup whose analysts cut earnings per share estimates in a research note also on Thursday. They put a “Neutral” rating on the stock with a $21 price target.

Back on May 18, Zacks reiterated its “Neutral” rating with $20.00 price target.

With the recent analysts’ reports, will Jabil’s largest shareholders increase their positions? 265 institutional firms indicated owning shares of Jabil Circuit Inc. (NYSE:JBL) in Q1 2012. These firms reported owning a total of 471.734 million shares on 03/31/2012. The shares closed at $25.02 on 03/31/2012.

Here are the ten largest positions in Jabil Circuit Inc. at the end of March 31st, 2012.

Whitebox Advisors LLC held 81,313,000 shares on 03/31/2012 worth $103,932,000. This brought the portfolio total to 3.29%.

Donald Smith & Co. Inc. held 29,522,839 shares on 03/31/2012 worth $144,366,679. This brought the portfolio total to 4.19%.

Wellington Management Co LLP held 25,804,381 shares on 03/31/2012 worth $126,183,420. This brought the portfolio total to 0.04%.

Fmr LLC held 25,373,823 shares on 03/31/2012 worth $124,077,991. This brought the portfolio total to 0.02%.

Steelhead Partners LLC held 24,523,000 shares on 03/31/2012 worth $31,208,000. This brought the portfolio total to 2.32%.

Tradewinds Global Investors LLC held 22,350,000 shares on 03/31/2012 worth $2,874,320. This brought the portfolio total to 0.02%.

Castle Creek Arbitrage LLC held 21,539,000 shares on 03/31/2012 worth $27,854,000. This brought the portfolio total to 1.57%.

Alyeska Investment Group L.P. held 20,880,000 shares on 03/31/2012 worth $26,134,000. This brought the portfolio total to 0.69%.

Primecap Management Co/Ca/ held 18,859,710 shares on 03/31/2012 worth $92,223,979. This brought the portfolio total to 0.14%.

Vanguard Group Inc held 13,177,591 shares on 03/31/2012 worth $64,438,418. This brought the portfolio total to 0.01%.

Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.