JP Morgan Chase & Co (JPM) Sees Large Decrease in Short Interest
- Hope Soto
The stock increased 0.54% or $0.565 during the last trading session, reaching $105.185. Monroe Savings Bank And Trust Mi has 14,643 shares. Limoneira Company (LMNR) has risen 20.88% since December 8, 2016 and is uptrending.
Cortland Advisers Llc decreased Jpmorgan Chase & Co (JPM) stake by 3.78% reported in 2017Q2 SEC filing. Neuberger Berman Group Llc sold 197,228 shares as the company's stock declined 6.04% while stock markets rallied.
Hilton Capital Management Llc increased A.O. Smith Corporation (NYSE:AOS) stake by 146,513 shares to 272,440 valued at $15.35 million in 2017Q2.
Keeping an eyeball on Gross profit Margin, Net profit Margin & Operating Margin, the Gross profit margin of -; the net profit margin of 40.00% while its Operating margin was 70.90% for JPMorgan Chase & Co. The stock increased 1.72% or $0.42 during the last trading session, reaching $24.87. This works out to a net decrease in ownership of 16.31 million shares, and suggests that institutions are feeling bearish about the stock. (NYSE:JPM) has risen 33.74% since December 8, 2016 and is uptrending. It has outperformed by 17.04% the S&P500. The company has market cap of $1.75 billion. Bnp Paribas Arbitrage Sa owns 1.91M shares. Its down 0.03, from 1.26 in 2017Q1. 132 funds opened positions while 703 raised stakes.
Thrivent Financial For Lutherans decreased Cardiovascular Systems Inc (CSII) stake by 41.6% reported in 2017Q2 SEC filing. 35,274 are held by Pub Employees Retirement Association Of Colorado. Gratry And Co Ltd Co accumulated 6,290 shares. Wfg Advsrs L P reported 0.11% in FireEye, Inc. Cincinnati Specialty Underwriters Insur owns 93,000 shares for 7.75% of their portfolio.
First Wilshire Securities Management Inc holds 0.95% of its portfolio in Limoneira Company for 141,028 shares. 284.23 million shares or 8.21% more from 262.66 million shares in 2017Q1 were reported. Glg Ptnrs Lp reported 0.02% in FireEye, Inc. The Cedar Hill Associates Llc holds 82,552 shares with $7.55 million value, down from 86,422 last quarter. Tocqueville Asset Management Limited Partnership invested in 0.25% or 230,668 shares. Argent holds 107,598 shares. Huber Cap Mgmt Lc reported 480,676 shares or 2.24% of all its holdings.
Among 11 analysts covering Diana Shipping (NYSE:DSX), 2 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Jefferies maintained the shares of JPM in report on Tuesday, July 21 with "Buy" rating. Timber Creek Capital Management Llc owns 25,180 shares or 1.67% of their USA portfolio. As per Thursday, October 8, the company rating was downgraded by Needham. The rating was maintained by Stifel Nicolaus on Friday, October 14 with "Sell". Three months ago, analysts assigned JPM a 3.94 rating, which implies that analysts have become more pessimistic about the outlook for the stock over the next year. The company was downgraded on Friday, July 24 by OTR Global. Citigroup maintained the shares of JPM in report on Friday, October 6 with "Neutral" rating. The rating was maintained by BMO Capital Markets with "Hold" on Thursday, June 1.
Investors sentiment increased to 1.19 in 2017 Q2.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
In other news, General Counsel Stacey Friedman sold 2,099 shares of the business's stock in a transaction on Thursday, October 26th. Of Toledo Na Oh invested in 63,852 shares. Ranger Investment LP owns 0% invested in JPMorgan Chase & Co. (JPM). Trading was heavy with 15,298,721 shares changed hands by the end of trading on Wednesday. The current rate provides an idea as to how efficient management is at using its assets to generate earnings. Stratos Wealth Prtn Ltd stated it has 174,658 shares or 0.82% of all its holdings. Eqis Mngmt holds 21,483 shares. Epoch Inv owns 0.33% invested in JPMorgan Chase & Co. (NYSE:JPM) or 631,472 shares. Oppenheimer maintained JPMorgan Chase & Co. (NYSE:JPM). Spears Abacus Advsr Limited Liability Corp has 2.8% invested in JPMorgan Chase & Co. Jpmorgan Chase & Co now has $365.47 billion valuation. (NYSE:JPM) for 877,528 shares. The Thrivent Financial For Lutherans holds 153,116 shares with $4.94 million value, down from 262,196 last quarter. It also reduced its holding in C.V.S. Caremark (NYSE:CVS) by 11,525 shares in the quarter, leaving it with 2,705 shares, and cut its stake in A T & T (NYSE:T). Cognizant Technology Solutio (NASDAQ:CTSH) was raised too.
Analysts await JPMorgan Chase & Co. (NYSE:POT) to report earnings on January, 25. After $0.09 actual EPS reported by Potash Corporation of Saskatchewan Inc. for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.
If we look at the Volatility of JPMorgan Chase & Co. Jefferies Group LLC reissued a "buy" rating and issued a $94.00 target price on shares of JPMorgan Chase & Co.in a report on Wednesday, March 8th. Therefore 53% are positive. Wells Fargo & Company increased their price objective on J P Morgan Chase & Co from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Friday, October 27th. As per Monday, January 18, the company rating was maintained by Argus Research. On Friday, October 13 the stock rating was maintained by Bank of America with "Buy". The rating was maintained by Credit Suisse with "Buy" on Tuesday, September 26. The rating was upgraded by Piper Jaffray on Monday, November 28 to "Neutral". Barclays Capital has "Overweight" rating and $16 target. The firm earned "Sector Perform" rating on Thursday, February 23 by RBC Capital Markets. The company was upgraded on Monday, January 18 by Atlantic Securities. The firm has "Buy" rating given on Friday, September 15 by Jefferies.
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