Published: Sun, April 15, 2018
Economy | By

Thornburg Investment Management INC Has Lifted Jpmorgan Chase & Co (JPM) Position

Thornburg Investment Management INC Has Lifted Jpmorgan Chase & Co (JPM) Position

The company's stock rose 0.67% while stock markets declined as Glg Llc sold 57,900 shares. The hedge fund run by Edgar Wachenheim held 6.86M shares of the major banks company at the end of 2017Q4, valued at $733.42M, down from 6.91M at the end of the previous reported quarter. $425,399 worth of JPMorgan Chase & Co. About 39.15M shares traded or 139.12% up from the average. (NYSE:JPM) has risen 23.99% since April 14, 2017 and is uptrending. JPM outperformed the S&P 500 by 12.44%.

"While the bank's revenues in Corporate & Investment Banking (CIB) predictably bounced back- helped by a marked increase in market volatility-from an very bad Q4 2017, the bank was even able to beat CIB's strong performance in Q1 2017", Octavio Marenzi, CEO of capital markets consulting firm Opimas said in an email. Its up 0.50, from 0 in 2017Q3. On Saturday, January 13 the insider Scher Peter sold $1.91 million. ROI is expressed as a percentage and is typically used for personal financial commitment, to compare a company's profitability or to compare the efficiency of different investments. 118 funds opened positions while 256 raised stakes. Therefore 55% are positive. JP Morgan Chase had 28 analyst reports since November 13, 2017 according to SRatingsIntel.

Among 8 analysts covering Medley Capital Corp (NYSE:MCC), 2 have Buy rating, 0 Sell and 6 Hold. On Tuesday, January 2 the company was maintained by Robert W. Baird. Finally, Edward Jones upgraded shares of JPMorgan Chase from a "hold" rating to a "buy" rating in a report on Thursday, March 22nd. "Has $4.93 Million Position in JPMorgan Chase (JPM)" was first published by The Lincolnian Online and is owned by of The Lincolnian Online. (NYSE:JPM) to "Hold" rating. The stock has "Neutral" rating by UBS on Friday, January 15. On Thursday, January 4 the stock has "Buy" rating by Credit Suisse.

JPM had 9 selling transactions and 1 insider buy since October 25, 2017.


In related news, CEO Mary E. Erdoes sold 65,101 shares of the business's stock in a transaction dated Tuesday, January 16th. (NYSE:JPM) shs were sold by Friedman Stacey.

Boston Family Office Llc, which manages about $1.02 billion and $910.91M US Long portfolio, decreased its stake in Straight Path Communications (NYSEMKT:STRP) by 3,000 shares to 29,525 shares, valued at $5.37 million in 2017Q4, according to the filing. $1.99 million worth of JPMorgan Chase & Co. CROWN JAMES S bought $825,327 worth of stock or 7,280 shares. (NYSE:JPM). Alleghany De invested in 5.71% or 1.80M shs. They are valued at $37.72 million in 2017Q4. It also reduced Ishares Tr (CIU) stake by 3,151 shares and now owns 61,490 shares. Stockholders of record on Friday, January 6th were issued a dividend of $0.48 per share. Its up 1.04, from 0.95 in 2017Q3. The ratio worsened due to JPM positioning: 55 sold and 802 reduced. 96,212 are held by Overbrook Mngmt. Woodley Farra Manion Port Incorporated holds 0.89% in JPMorgan Chase & Co. (NYSE:JPM). Brookstone Cap Mgmt has 6,449 shares. (NYSE:JPM). Michigan-based Solutions Ltd Liability Corp has invested 0% in JPMorgan Chase & Co. (NYSE:JPM). East Coast Asset stated it has 0.19% in JPMorgan Chase & Co. (NYSE:JPM) earned "Hold" rating by Societe Generale. Sigma Planning holds 0.01% in Medley Capital Corporation (NYSE:MCC) or 28,200 shares. Ruffer Limited Liability Partnership holds 797,073 shs or 3.47% of its capital. $376.17 billion is the MC of Jpmorgan Chase & Co. JPM has 34.57 million volume or 111.11% up from normal. On Wednesday, January 24 Credit Suisse maintained JPMorgan Chase & Co. Sumitomo Mitsui Asset Co Ltd holds 322,515 shares or 0.52% of its portfolio. (NYSE:JPM) for 14,085 shares. Guardian Life Insur Co Of America has 11,396 shares for 0.27% of their portfolio. Peddock Advsrs Limited Liability Co reported 26,180 shares. (NYSE:JPM) has "Buy" rating given on Friday, January 12 by RBC Capital Markets. The stock decreased 1.37% or $3.17 during the last trading session, reaching $228.17. About 2,824 shares traded. It has underperformed by 11.55% the S&P500. Osborn Williams & Donohoe LLC now owns 77,947 shares of the financial services provider's stock worth $8,336,000 after purchasing an additional 558 shares during the period. Pl Capital Advisors Llc owns 308,562 shares or 2.43% of their United States portfolio. The financial services provider reported $2.37 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.28 by $0.09. Basswood Capital Management L.L.C., a New York-based fund reported 10,188 shares. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management divisions.The P/E ratio is 17.49. The company has market cap of $135.87 million. It now has negative earnings.

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