Jpmorgan Chase & Co (JPM) Market Valuation Rose While Barometer Capital Management Trimmed Position; Five9 (FIVN) Position Upped by Vanguard Group Inc

April 20, 2018 - By Louis Casey

JPMorgan Chase & Co. (NYSE:JPM) Logo

Vanguard Group Inc increased its stake in Five9 Inc (FIVN) by 6.69% based on its latest 2017Q4 regulatory filing with the SEC. Vanguard Group Inc bought 257,111 shares as the company’s stock rose 23.38% while stock markets declined. The institutional investor held 4.10 million shares of the technology company at the end of 2017Q4, valued at $101.95M, up from 3.84 million at the end of the previous reported quarter. Vanguard Group Inc who had been investing in Five9 Inc for a number of months, seems to be bullish on the $1.65B market cap company. The stock decreased 0.49% or $0.14 during the last trading session, reaching $28.64. About 57,297 shares traded. Five9, Inc. (NASDAQ:FIVN) has risen 62.41% since April 20, 2017 and is uptrending. It has outperformed by 50.86% the S&P500.

Barometer Capital Management Inc decreased its stake in Jpmorgan Chase & Co (JPM) by 3.18% based on its latest 2017Q4 regulatory filing with the SEC. Barometer Capital Management Inc sold 6,050 shares as the company’s stock rose 0.67% while stock markets declined. The hedge fund held 184,500 shares of the major banks company at the end of 2017Q4, valued at $19.73 million, down from 190,550 at the end of the previous reported quarter. Barometer Capital Management Inc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $380.36 billion market cap company. The stock decreased 0.17% or $0.19 during the last trading session, reaching $111.53. About 5.68M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since April 20, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.22 EPS, up 21.98% or $0.40 from last year’s $1.82 per share. JPM’s profit will be $7.57 billion for 12.56 P/E if the $2.22 EPS becomes a reality. After $2.37 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -6.33% negative EPS growth.

Since October 25, 2017, it had 1 insider buy, and 9 insider sales for $22.34 million activity. Scher Peter had sold 26,532 shares worth $3.01M on Friday, January 19. Lake Marianne sold 9,194 shares worth $1.03M. 7,280 shares were bought by CROWN JAMES S, worth $825,327. $425,399 worth of stock was sold by Giles Nicole on Saturday, January 13. Petno Douglas B also sold $5.43M worth of JPMorgan Chase & Co. (NYSE:JPM) shares. BACON ASHLEY had sold 16,434 shares worth $1.84 million on Saturday, January 13.

Among 34 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 119 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, July 14, the company rating was maintained by BMO Capital Markets. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Sandler O’Neill on Tuesday, January 16. Nomura downgraded the shares of JPM in report on Monday, January 25 to “Neutral” rating. Credit Suisse maintained the shares of JPM in report on Monday, October 9 with “Buy” rating. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Sandler O’Neill on Thursday, October 6. The rating was maintained by Deutsche Bank on Wednesday, August 12 with “Buy”. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Neutral” rating by Citigroup on Friday, October 6. RBC Capital Markets maintained the shares of JPM in report on Tuesday, September 26 with “Buy” rating. The firm earned “Overweight” rating on Friday, January 15 by Atlantic Securities.

Barometer Capital Management Inc, which manages about $2.58B and $1.11 billion US Long portfolio, upped its stake in Algonquin Power & Utilities Corp (AQUNF) by 453,700 shares to 573,755 shares, valued at $6.40M in 2017Q4, according to the filing. It also increased its holding in Caterpillar Inc (NYSE:CAT) by 22,333 shares in the quarter, for a total of 168,633 shares, and has risen its stake in Bank Of America Corp (NYSE:BAC).

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.03, from 0.91 in 2017Q3. It worsened, as 55 investors sold JPM shares while 802 reduced holdings. 142 funds opened positions while 611 raised stakes. 2.46 billion shares or 1.60% less from 2.50 billion shares in 2017Q3 were reported. Schaller Invest Grp holds 21,510 shares. Prudential invested 1.47% in JPMorgan Chase & Co. (NYSE:JPM). Adage Ptnrs Ltd Liability Com stated it has 4.83 million shares or 1.17% of all its holdings. Saturna Capital Corporation reported 0.05% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Jones Collombin Inv Counsel owns 110,673 shares. Wheatland holds 0.79% or 9,083 shares in its portfolio. Laurel Grove Capital Limited Liability Com reported 2.46% stake. 1,734 are held by Lenox Wealth Advsrs Incorporated. Maryland Management reported 33,415 shares. Putnam Fl Inv Management reported 85,774 shares stake. Chelsea Counsel has 0.38% invested in JPMorgan Chase & Co. (NYSE:JPM). 119,296 were reported by Timber Hill Lc. First Midwest State Bank Tru Division holds 1.43% or 106,884 shares in its portfolio. Moors And Cabot Inc has invested 1.19% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Iat Reinsurance Limited accumulated 14,155 shares or 0.21% of the stock.

Among 11 analysts covering Five9 Inc (NASDAQ:FIVN), 7 have Buy rating, 1 Sell and 3 Hold. Therefore 64% are positive. Five9 Inc had 36 analyst reports since October 9, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America to “Underperform” on Tuesday, September 20. The rating was maintained by Barclays Capital on Wednesday, January 6 with “Overweight”. As per Friday, August 4, the company rating was maintained by Canaccord Genuity. Needham reinitiated it with “Buy” rating and $11 target in Monday, May 16 report. The firm earned “Buy” rating on Wednesday, September 27 by Needham. Roth Capital maintained it with “Buy” rating and $35.0 target in Friday, November 3 report. The company was maintained on Thursday, July 20 by Morgan Stanley. Roth Capital maintained the shares of FIVN in report on Tuesday, August 1 with “Buy” rating. The firm has “Buy” rating given on Thursday, April 14 by Roth Capital. The firm has “Overweight” rating given on Thursday, November 9 by KeyBanc Capital Markets.

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

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