Lsv Asset Management Decreased Stake in Jpmorgan Chase & Co. (JPM) as Shares Declined

June 27, 2018 - By Bridget Boland

JPMorgan Chase & Co. (NYSE:JPM) Corporate LogoBig Money Sentiment decreased to 0.81 in 2018 Q1. It has change of 0.07, from 2017Q4’s 0.88. The ratio fall due to JPM positioning: 52 sold and 843 reduced. 132 funds acquired positions and 596 increased positions. Investors holded 2.46 billion in 2017Q4 but now own 2.39 billion shares or 2.61% less. Kcm Invest Advsrs Limited Liability Com holds 0.88% or 132,341 shs. Fulton Commercial Bank Na invested 0.41% of its capital in JPMorgan Chase & Co. (NYSE:JPM). Mountain Pacific Investment Advisers Id invested in 30,069 shs or 0.34% of the stock. Smart Portfolios Ltd Liability accumulated 385 shs or 0.03% of the stock. Hardman Johnston Global Advsrs Ltd Limited Liability Company owns 189,700 shs for 0.89% of their capital. Moreover, Tower Bridge Advsr has 0% invested in JPMorgan Chase & Co. (NYSE:JPM) for 78,486 shs. Carret Asset Management Ltd Llc has invested 3.37% in JPMorgan Chase & Co. (NYSE:JPM). California State Teachers Retirement holds 1.48% of its capital in JPMorgan Chase & Co. (NYSE:JPM) for 6.27 million shs. Modera Wealth Mgmt Ltd Liability holds 0.09% in JPMorgan Chase & Co. (NYSE:JPM) or 3,757 shs. Wilkins Invest Counsel accumulated 6,850 shs or 0.24% of the stock. Lansdowne Prns (Uk) Ltd Liability Partnership invested 15.49% in JPMorgan Chase & Co. (NYSE:JPM). Beese Fulmer Inv Management reported 59,103 shs. Westwood Management Il reported 207,958 shs stake. Bokf Na has 364,894 shs for 1.14% of their capital. Arete Wealth Advisors Limited Com, Illinois-based fund reported 14,244 shs.

JPM registered $18.63 million net activity with 3 buys and 8 sales since January 13, 2018. CROWN JAMES S bought $825,327 worth of stock or 7,280 shs. On Saturday, January 13 $5.43M worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Petno Douglas B. HOBSON MELLODY L bought 18,000 shs worth $2.00 million. 13,000 shs were bought by Combs Todd A., worth $1.49 million. Scher Peter had sold 17,057 shs worth $1.91 million on Saturday, January 13. Erdoes Mary E. also sold $7.31 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13.

In 2018Q1 Securities and Exchange filling is reported Lsv Asset Management’s holdings in Jpmorgan Chase & Co. (JPM) which was reduced by 0.87%. The company’s stock sank 6.83% while Lsv Asset Management sold 102,626 shares. At the end of 2018Q1, the 11.70 million shares of the major banks company held by the institutional investor were valued at $1.29 billion, down from 11.80 million at the end of the previous reported quarter. $356.87 billion is the market cap of Jpmorgan Chase & Co.. Ticker’s shares touched $104.83 during the last trading session after 0.04% change.JPMorgan Chase & Co. has 14.83 million shares volume, 3.06% up from normal. JPM is uptrending and has moved 29.65% since June 27, 2017. The stock outperformed the S&P500 by 17.08%.

According to a filing Lsv Asset Management rose its stake in Mgic Investment Corporation (NYSE:MTG) by 395,200 shares to 13.45M shares, valued at $174.82 million in 2018Q1. The fund manages about $82.68B and $62.96B US Long portfolio. Lsv Asset Management has risen its stake in Cno Financial Group Inc. and also increased its holding in Pbf Energy Inc. (NYSE:PBF) by 997,388 shares in the quarter, for a total of 4.08 million shares.

JPMorgan Chase & Co. (NYSE:JPM) is awaited to report earnings on July, 13 before the open., RTT reports. Analysts have anticipation on stock’s earnings per share of $2.25. That’s up 23.63 % from last year’s $1.82 earnings per share. JPM’s profit could hit $7.66 billion if the current earnings per share of $2.25 is accurate. Analysts at Wall Street see JPMorgan Chase & Co.’s -5.06 % negative EPS growth compared to $2.37 earnings per share for last quarter.

For more JPMorgan Chase & Co. (NYSE:JPM) news published briefly go to: Seekingalpha.com, Finance.Yahoo.com, Seekingalpha.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “Diamonds, Spiders, Transports ETFs Face Technical Downgrades At Mid-Year” published on June 27, 2018, “3 Bank Stocks on the Brink” on June 25, 2018, “Here Comes The Next Biotech Revolution” with a publish date: June 26, 2018, “Receiving Guidance” and the last “JPMorgan Enters The REIT ETF Space” with publication date: June 20, 2018.

JPMorgan Chase & Co. (NYSE:JPM) Ratings Coverage

Total analysts of 17 have positions in JP Morgan Chase (NYSE:JPM) as follows: 10 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 59%. The firm has $136 highest while $108.0 is the lowest PT. The average target $121.53 is 15.93% above the last ($104.83) price. Since January 2, 2018 according to StockzIntelligence Inc JP Morgan Chase has 27 analyst reports. On Thursday, April 12 the rating was upgraded by Credit Suisse to “Buy”. In Tuesday, January 2 report Barclays Capital maintained it with “Buy” rating and $132.0 target. In Friday, February 2 report Morgan Stanley maintained the stock with “Overweight” rating. In Sunday, April 15 report Jefferies maintained the stock with “Buy” rating. On Friday, April 13 the stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given by BMO Capital Markets. On Friday, January 12 the stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given by BMO Capital Markets. The stock rating was maintained by Wells Fargo with “Buy” on Wednesday, January 17. The stock rating was maintained by Credit Suisse with “Outperform” on Monday, March 19. The company rating was maintained by Sandler O’Neill on Tuesday, January 16. On Wednesday, February 28 Nomura maintained the shares of JPM in report with “Neutral” rating.

JPMorgan Chase & Co. (NYSE:JPM) Institutional Investors Chart

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