Hitchwood Capital Management LP Has Lowered By $58.30 Million Its Jpmorgan Chase & Co (JPM) Stake; Tarena International – American Depositary S (TEDU) Sellers Decreased By 6.59% Their Shorts

April 22, 2018 - By Nellie Frank

JPMorgan Chase & Co. (NYSE:JPM) Logo

Tarena International Inc – American Depositary S (NASDAQ:TEDU) had a decrease of 6.59% in short interest. TEDU’s SI was 314,600 shares in April as released by FINRA. Its down 6.59% from 336,800 shares previously. With 227,100 avg volume, 1 days are for Tarena International Inc – American Depositary S (NASDAQ:TEDU)’s short sellers to cover TEDU’s short positions. The SI to Tarena International Inc – American Depositary S’s float is 0.84%. The stock increased 0.37% or $0.04 during the last trading session, reaching $10.72. About 65,185 shares traded. Tarena International, Inc. (NASDAQ:TEDU) has declined 40.59% since April 22, 2017 and is downtrending. It has underperformed by 52.14% the S&P500.

Hitchwood Capital Management Lp decreased Jpmorgan Chase & Co (JPM) stake by 50% reported in 2017Q4 SEC filing. Hitchwood Capital Management Lp sold 550,000 shares as Jpmorgan Chase & Co (JPM)’s stock rose 0.67%. The Hitchwood Capital Management Lp holds 550,000 shares with $58.82M value, down from 1.10M last quarter. Jpmorgan Chase & Co now has $380.16B valuation. The stock decreased 0.22% or $0.25 during the last trading session, reaching $111.47. About 15.58M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since April 22, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.03, from 0.91 in 2017Q3. It fall, 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. Lumina Fund Mngmt has 0.07% invested in JPMorgan Chase & Co. (NYSE:JPM). Pinnacle Assoc Ltd accumulated 517,619 shares. Aqr Cap Management Ltd Liability, a Connecticut-based fund reported 6.91 million shares. Glob X Mgmt Co Limited Liability Company holds 38,197 shares. Hightower Advisors Ltd invested 0.96% in JPMorgan Chase & Co. (NYSE:JPM). Citadel Lc reported 2.25M shares. Fiduciary Management Incorporated Wi, Wisconsin-based fund reported 5.18 million shares. Liberty Mutual Asset Inc holds 0.44% or 140,252 shares. Horseman Capital Limited has 2.43% invested in JPMorgan Chase & Co. (NYSE:JPM) for 108,100 shares. 12,012 were accumulated by Windsor Mngmt Ltd Liability. Solaris Asset Mngmt Ltd Liability Corporation holds 0.03% or 500 shares. Clear Harbor Asset Mngmt Limited Liability, New York-based fund reported 49,559 shares. The Texas-based Cadence Comml Bank Na has invested 2.12% in JPMorgan Chase & Co. (NYSE:JPM). Wellington Mgmt Group Inc Llp stated it has 56.74M shares. Moreover, Coastline Comm has 0.37% invested in JPMorgan Chase & Co. (NYSE:JPM) for 22,879 shares.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.22 earnings per share, up 21.98% or $0.40 from last year’s $1.82 per share. JPM’s profit will be $7.57B for 12.55 P/E if the $2.22 EPS becomes a reality. After $2.37 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -6.33% negative EPS growth.

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. The firm has “Overweight” rating by Morgan Stanley given on Friday, October 13. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Thursday, December 21 by Buckingham Research. On Friday, October 13 the stock rating was maintained by Nomura with “Neutral”. Jefferies maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Wednesday, February 24. Jefferies has “Buy” rating and $67 target. Jefferies maintained JPMorgan Chase & Co. (NYSE:JPM) on Tuesday, June 6 with “Buy” rating. The firm has “Buy” rating given on Monday, July 17 by RBC Capital Markets. Nomura maintained the shares of JPM in report on Thursday, April 14 with “Neutral” rating. The stock has “Buy” rating by UBS on Friday, February 5. The rating was downgraded by Ertse Group to “Hold” on Monday, April 25. Goldman Sachs maintained the shares of JPM in report on Thursday, July 6 with “Neutral” rating.

Since October 25, 2017, it had 2 insider buys, and 9 insider sales for $20.34 million activity. Erdoes Mary E. sold $7.31M worth of stock. $2.00 million worth of stock was bought by HOBSON MELLODY L on Monday, April 16. BACON ASHLEY had sold 16,434 shares worth $1.84 million on Saturday, January 13. $425,399 worth of stock was sold by Giles Nicole on Saturday, January 13. 2,099 shares valued at $214,019 were sold by Friedman Stacey on Wednesday, October 25. Another trade for 17,057 shares valued at $1.91M was sold by Scher Peter. CROWN JAMES S bought $825,327 worth of stock.

Tarena International, Inc., through its subsidiaries, provides professional education services through part-time and full-time classes in the PeopleÂ’s Republic of China. The company has market cap of $602.63 million. It offers education courses in 12 information technology subjects, such as Java, .NET, C++, software testing, PHP, embedded, Android, iOS, Big Data, Web front-end development, Linux and network engineering, and VR/AR; and 3 non-IT subjects comprising digital art, online sales and marketing, and accounting through live distance instruction, classroom tutoring, and online learning modules. It has a 21.79 P/E ratio. The firm also provides three kid education programs, including Tongcheng, Tongmei, and Tongchuang.

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