Weatherstone Capital Management Cut By $317,585 Its Jpmorgan Chase & Co (JPM) Position; Fuel Tech (FTEK) Sentiment Is 1.11

February 24, 2018 - By Dolores Ford

Weatherstone Capital Management decreased Jpmorgan Chase & Co (JPM) stake by 50.53% reported in 2017Q3 SEC filing. Weatherstone Capital Management sold 3,343 shares as Jpmorgan Chase & Co (JPM)’s stock declined 6.04%. The Weatherstone Capital Management holds 3,273 shares with $313,000 value, down from 6,616 last quarter. Jpmorgan Chase & Co now has $401.77B valuation. The stock increased 2.03% or $2.33 during the last trading session, reaching $117.31. About 12.16M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 24, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial clients worldwide. The company has market cap of $26.06 million. It operates through Air Pollution Control Technology and FUEL CHEM Technology divisions. It currently has negative earnings. The Air Pollution Control Technology segment reduces nitrogen oxide emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources by low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; advanced selective catalytic reduction (SCR) systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; ammonia injection grid and graduated straightening grid systems; and flue gas conditioning systems.

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. JPMorgan Chase & Co had 111 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, August 18 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by Credit Suisse with “Outperform” on Monday, July 17. The firm has “Neutral” rating given on Thursday, July 6 by Goldman Sachs. The firm has “Hold” rating by DZ Bank given on Wednesday, January 17. The company was maintained on Tuesday, January 3 by Barclays Capital. The rating was maintained by BMO Capital Markets with “Outperform” on Thursday, April 14. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, October 12 report. Wells Fargo maintained the shares of JPM in report on Wednesday, January 17 with “Buy” rating. Morgan Stanley maintained the stock with “Overweight” rating in Friday, October 13 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Tuesday, June 6 by Keefe Bruyette & Woods.

Weatherstone Capital Management increased Select Sector Spdr Tr (XLE) stake by 4,914 shares to 13,475 valued at $923,000 in 2017Q3. It also upped Spdr Series Trust (JNK) stake by 115,608 shares and now owns 432,549 shares. Ishares Tr (IEF) was raised too.

Since October 25, 2017, it had 1 buy, and 9 selling transactions for $22.34 million activity. $3.01M worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Scher Peter on Friday, January 19. Petno Douglas B also sold $5.43M worth of JPMorgan Chase & Co. (NYSE:JPM) shares. Erdoes Mary E. sold $7.31 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. Friedman Stacey sold 2,099 shares worth $214,019. $825,327 worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by CROWN JAMES S. Another trade for 9,194 shares valued at $1.03 million was sold by Lake Marianne. The insider BACON ASHLEY sold 16,434 shares worth $1.84M.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on April, 12. They expect $2.23 EPS, up 35.15% or $0.58 from last year’s $1.65 per share. JPM’s profit will be $7.64 billion for 13.15 P/E if the $2.23 EPS becomes a reality. After $1.76 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts 26.70% EPS growth.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.28, from 1.19 in 2017Q2. It fall, as 65 investors sold JPM shares while 767 reduced holdings. 125 funds opened positions while 635 raised stakes. 2.50 billion shares or 7.05% less from 2.69 billion shares in 2017Q2 were reported. Ckw Financial Gru Inc has 0.57% invested in JPMorgan Chase & Co. (NYSE:JPM) for 24,925 shares. Exane Derivatives reported 0% in JPMorgan Chase & Co. (NYSE:JPM). First City Mgmt accumulated 1.22% or 18,314 shares. South Street reported 2,462 shares. Acadian Asset Mgmt Ltd Liability Co has 1.68% invested in JPMorgan Chase & Co. (NYSE:JPM). Botty Invsts Ltd Liability holds 550 shares or 0.02% of its portfolio. Community Bancshares Of Raymore reported 3.6% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Lenox Wealth Advisors Incorporated holds 11 shares or 0% of its portfolio. Bp Pcl holds 1.39% or 411,000 shares. Ajo Ltd Partnership accumulated 4.87 million shares. Riverbridge Prtn Limited Liability Com reported 10,575 shares or 0.02% of all its holdings. Old Mutual Investors (Uk) Ltd accumulated 202,934 shares. Dsc Advisors LP has invested 3.58% in JPMorgan Chase & Co. (NYSE:JPM). Cypress Grp has 1.71% invested in JPMorgan Chase & Co. (NYSE:JPM) for 84,220 shares. Waters Parkerson And Com Ltd Llc reported 393,503 shares or 3.32% of all its holdings.

Grace & White Inc Ny holds 0.28% of its portfolio in Fuel Tech, Inc. for 1.31 million shares. Perritt Capital Management Inc owns 273,400 shares or 0.07% of their US portfolio. Moreover, Elkhorn Partners Limited Partnership has 0.03% invested in the company for 45,000 shares. The Oklahoma-based Prescott Group Capital Management L.L.C. has invested 0.02% in the stock. Thompson Davis & Co. Inc., a Virginia-based fund reported 9,000 shares.

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