Novare Capital Management LLC Increases Stake in JP Morgan Chase & Co (JPM)

Lloyd Doyle
November 13, 2017

Hrg Group Inc now has $3.04 billion valuation. Pacific Center for Financial Services now owns 1,401 shares of the financial services provider's stock valued at $123,000 after purchasing an additional 177 shares during the period. Jpmorgan Chase & Co now has $337.92B valuation. The stock rose 0.35% or $0.34 reaching $97.96 per share. About 9.31M shares traded. (NYSE:JPM) has risen 33.74% since November 12, 2016 and is uptrending. It has outperformed by 17.04% the S&P500. Novare Capital Management LLC's holdings in J P Morgan Chase & Co were worth $2,052,000 at the end of the most recent reporting period. Capital Advisors Ltd. LLC now owns 1,935 shares of the financial services provider's stock valued at $177,000 after acquiring an additional 670 shares in the last quarter. The Kdi Capital Partners Llc holds 126,984 shares with $11.61 million value, up from 110,039 last quarter. The stock decreased 4.08% or $0.1 on November 10, reaching $2.35. About 2.92M shares traded. Asterias Biotherapeutics Inc (NYSEAMERICAN:AST) has risen 4.43% since November 12, 2016 and is uptrending. It has underperformed by 65.09% the S&P500.

In other J P Morgan Chase & Co news, General Counsel Stacey Friedman sold 2,099 shares of the business's stock in a transaction on Thursday, October 26th. Therefore 53% are positive. Stratos Wealth Ptnrs Limited has invested 0.82% in JPMorgan Chase & Co. J P Morgan Chase & Co has a 52 week low of $75.77 and a 52 week high of $102.42. (NYSE:JPM) on Thursday, April 14 with "Neutral" rating. UBS has "Buy" rating and $98 target.

GHP Investment Advisors Inc. cut its stake in JPMorgan Chase & Co. (NYSE:JPM) on Wednesday, October 14 with "Outperform" rating. Oppenheimer Holdings, Inc. reaffirmed a "market perform" rating on shares of J P Morgan Chase & Co in a report on Friday, July 21st. The company was downgraded on Tuesday, January 17 by Keefe Bruyette & Woods. The company was downgraded on Tuesday, November 29 by Stifel Nicolaus. Pacific Center for Financial Services raised its stake in shares of J P Morgan Chase & Co by 14.5% in the first quarter. Granite Investment Advisors LLC increased its holdings in shares of J P Morgan Chase & Co by 11.8% in the 1st quarter. Vetr upgraded the shares of JPM in report on Tuesday, September 1 to "Buy" rating. RBC Capital Markets has "Buy" rating and $95.0 target. As per Monday, January 18, the company rating was maintained by Argus Research.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.27, from 1.03 in 2017Q1. The correct version of this article can be read at https://stocknewstimes.com/2017/11/11/j-p-morgan-chase-co-jpm-shares-sold-by-busey-trust-co.html.


Several other hedge funds have also made changes to their positions in the stock. Jackson Grant Investment Advisers Inc. boosted its position in shares of JPMorgan Chase & Co.by 0.7% in the second quarter. Managed Asset Portfolios Llc who had been investing in Discovery Communicatns New for a number of months, seems to be less bullish one the $6.32 billion market cap company. (NYSE:JPM). Cullen Capital Mgmt Ltd Liability Corp has 3.2% invested in JPMorgan Chase & Co. (JPM) has so far tried and showed success to beat the consensus-estimated $1.65, with their earning staying at $1.76 per share. Van Eck Assocs Corp owns 411,269 shares. Cincinnati Specialty Underwriters Ins owns 93,000 shares. Stockholders of record on Friday, October 6th were paid a dividend of $0.56 per share. Ledyard National Bank grew its position in J P Morgan Chase & Co by 21.4% in the 1st quarter. (NYSE:JPM) for 411,760 shares. Alpha Windward Ltd stated it has 6,718 shares. Markston Ltd Llc holds 1.36% in JPMorgan Chase & Co. Ascend Cap Lc holds 0.45% or 206,148 shares in its portfolio. Following the transaction, the insider now directly owns 6,005 shares of the company's stock, valued at approximately $414,645.25. Tudor Et Al holds 0.04% or 15,986 shares in its portfolio.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold. Therefore 0 are positive. Charles Schwab had 73 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Friday, April 28 by Vining Sparks. The performance for the year to date shows a rate of 13.14%. The rating was downgraded by Buckingham Research on Monday, October 17 to "Neutral". The firm has "Outperform" rating by Wells Fargo given on Thursday, August 24. The rating was maintained by Barclays Capital with "Overweight" on Friday, October 13. The company was maintained on Wednesday, February 24 by Nomura. The firm earned "Overweight" rating on Monday, December 7 by Piper Jaffray.

Investors sentiment decreased to 0.83 in Q2 2017. Its up 0.01, from 0.08 in 2017Q1. It dived, as 37 investors sold PVH shares while 172 reduced holdings. 44 funds opened positions while 91 raised stakes. Teacher Retirement Systems Of Texas has invested 0.02% in Patterson Companies, Inc. (NYSE:JPM) or 153,287 shares. Highstreet Asset Mgmt Incorporated accumulated 68,891 shares or 0.68% of the stock. 468,690 were reported by Guggenheim Cap Limited Liability Corporation. Rothschild Prtnrs Limited Company holds 120,841 shares or 5.02% of its portfolio.

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