Firefly Value Partners LP Lowered Its Holding in Jpmorgan Chase & Co (Put) (JPM) as Stock Value Rose; As Hudson Pac Pptys (HPP) Valuation Declined, Shareholder American Assets Capital Advisers Has Cut Its Stake

May 20, 2018 - By Winifred Garcia

JPMorgan Chase & Co. (NYSE:JPM) Logo

Ryan Heslop decreased its stake in Jpmorgan Chase & Co (Put) (JPM) by 3.7% based on its latest 2017Q4 regulatory filing with the SEC. Firefly Value Partners Lp sold 10,000 shares as the company’s stock rose 0.67% while stock markets declined. The hedge fund run by Ryan Heslop held 260,000 shares of the major banks company at the end of 2017Q4, valued at $27.80M, down from 270,000 at the end of the previous reported quarter. Firefly Value Partners Lp who had been investing in Jpmorgan Chase & Co (Put) for a number of months, seems to be less bullish one the $378.32B market cap company. The stock decreased 1.62% or $1.83 during the last trading session, reaching $111.13. About 11.81M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since May 20, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

American Assets Capital Advisers decreased its stake in Hudson Pac Pptys Inc (HPP) by 92.57% based on its latest 2017Q4 regulatory filing with the SEC. American Assets Capital Advisers sold 119,600 shares as the company’s stock declined 4.74% with the market. The institutional investor held 9,600 shares of the finance company at the end of 2017Q4, valued at $329,000, down from 129,200 at the end of the previous reported quarter. American Assets Capital Advisers who had been investing in Hudson Pac Pptys Inc for a number of months, seems to be less bullish one the $5.19B market cap company. The stock increased 0.63% or $0.21 during the last trading session, reaching $33.3. About 865,172 shares traded. Hudson Pacific Properties, Inc. (NYSE:HPP) has declined 5.51% since May 20, 2017 and is downtrending. It has underperformed by 17.06% the S&P500.

Another recent and important Hudson Pacific Properties, Inc. (NYSE:HPP) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Antero Resources, Hudson Pacific Properties, Lincoln National, TreeHouse …” on May 10, 2018.

American Assets Capital Advisers, which manages about $79.48 million and $394.40 million US Long portfolio, upped its stake in Coresite Rlty Corp (NYSE:COR) by 34,000 shares to 151,500 shares, valued at $17.26M in 2017Q4, according to the filing. It also increased its holding in Mgm Resorts International (NYSE:MGM) by 224,000 shares in the quarter, for a total of 570,704 shares, and has risen its stake in Equity Lifestyle Pptys Inc (NYSE:ELS).

Analysts await Hudson Pacific Properties, Inc. (NYSE:HPP) to report earnings on August, 2. They expect $0.47 EPS, down 2.08% or $0.01 from last year’s $0.48 per share. HPP’s profit will be $73.27 million for 17.71 P/E if the $0.47 EPS becomes a reality. After $0.45 actual EPS reported by Hudson Pacific Properties, Inc. for the previous quarter, Wall Street now forecasts 4.44% EPS growth.

Investors sentiment decreased to 1.23 in Q4 2017. Its down 0.01, from 1.24 in 2017Q3. It dropped, as 15 investors sold HPP shares while 67 reduced holdings. 31 funds opened positions while 70 raised stakes. 155.67 million shares or 3.63% more from 150.22 million shares in 2017Q3 were reported. Clearbridge Invs Limited invested in 46,800 shares or 0% of the stock. Blackrock Incorporated holds 0.02% or 11.06M shares in its portfolio. Cadence Cap Limited Com, Massachusetts-based fund reported 8,021 shares. Credit Suisse Ag invested 0.01% of its portfolio in Hudson Pacific Properties, Inc. (NYSE:HPP). Pub Employees Retirement Of Ohio has invested 0.05% in Hudson Pacific Properties, Inc. (NYSE:HPP). Westwood, a Texas-based fund reported 1.33M shares. 765,187 are owned by Bankshares Of America Corporation De. Bancorp Of Montreal Can holds 0% of its portfolio in Hudson Pacific Properties, Inc. (NYSE:HPP) for 27,470 shares. Heitman Real Estate Securities Llc reported 1.88% of its portfolio in Hudson Pacific Properties, Inc. (NYSE:HPP). Public Employees Retirement Association Of Colorado has invested 0% in Hudson Pacific Properties, Inc. (NYSE:HPP). Sei invested in 282,240 shares. Principal Financial Gp owns 4.85M shares. Capital Fund Mngmt invested 0.02% in Hudson Pacific Properties, Inc. (NYSE:HPP). Utah Retirement Sys stated it has 0.02% in Hudson Pacific Properties, Inc. (NYSE:HPP). 1,927 were reported by Pnc Finance Gp.

Among 14 analysts covering Hudson Pacific Properties (NYSE:HPP), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Hudson Pacific Properties had 34 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Hudson Pacific Properties, Inc. (NYSE:HPP) earned “Overweight” rating by Barclays Capital on Tuesday, August 15. Cantor Fitzgerald initiated the shares of HPP in report on Thursday, August 27 with “Buy” rating. The firm has “Buy” rating given on Thursday, August 25 by BTIG Research. The rating was maintained by Barclays Capital with “Overweight” on Thursday, March 24. The stock of Hudson Pacific Properties, Inc. (NYSE:HPP) earned “Neutral” rating by Credit Suisse on Monday, January 11. The firm has “Outperform” rating by Robert W. Baird given on Monday, May 7. The firm has “Neutral” rating by Goldman Sachs given on Monday, November 20. The stock has “Buy” rating by Mizuho on Monday, November 7. Wells Fargo upgraded the stock to “Outperform” rating in Friday, February 23 report. Barclays Capital maintained Hudson Pacific Properties, Inc. (NYSE:HPP) on Tuesday, July 19 with “Overweight” rating.

Since May 9, 2018, it had 0 insider buys, and 1 sale for $349,706 activity.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.26 EPS, up 24.18% or $0.44 from last year’s $1.82 per share. JPM’s profit will be $7.69B for 12.29 P/E if the $2.26 EPS becomes a reality. After $2.37 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -4.64% negative EPS growth.

Firefly Value Partners Lp, which manages about $1.31 billion and $1.46 billion US Long portfolio, upped its stake in Gulfport Energy Corp (NASDAQ:GPOR) by 1.21M shares to 6.58 million shares, valued at $83.90M in 2017Q4, according to the filing. It also increased its holding in Wells Fargo & Co (NYSE:WFC) by 175,000 shares in the quarter, for a total of 1.09M shares, and has risen its stake in Powershares Qqq Trust Series 1 (Put) (QQQ).

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.03, from 0.91 in 2017Q3. It is negative, 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. Dynamic Management Limited owns 11,663 shares. Parsons Cap Management Ri holds 146,435 shares or 1.74% of its portfolio. Moreover, Cape Cod Five Cents Bancorp has 1.68% invested in JPMorgan Chase & Co. (NYSE:JPM). Polar Cap Llp reported 839,240 shares. Leavell Invest Mngmt has 1.08% invested in JPMorgan Chase & Co. (NYSE:JPM). Tower Bridge owns 0.91% invested in JPMorgan Chase & Co. (NYSE:JPM) for 79,486 shares. Prelude Capital Mgmt Ltd Liability Co reported 0.17% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Great Lakes Advsr Ltd Liability Corporation holds 105,809 shares. Roundview Cap Ltd Liability Corporation has 1.09% invested in JPMorgan Chase & Co. (NYSE:JPM). New Jersey Better Educational Savings Trust owns 2.6% invested in JPMorgan Chase & Co. (NYSE:JPM) for 24,000 shares. New Jersey-based Hallmark Cap Mgmt has invested 0.44% in JPMorgan Chase & Co. (NYSE:JPM). Pnc Fin Svcs Grp invested 1.07% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Louisiana State Employees Retirement Systems stated it has 210,100 shares or 1.02% of all its holdings. Palisade Mngmt Ltd Nj has invested 0.84% in JPMorgan Chase & Co. (NYSE:JPM). 237,002 are owned by Arvest Commercial Bank Trust Division.

Since January 13, 2018, it had 3 insider buys, and 8 sales for $18.63 million activity. Petno Douglas B had sold 48,344 shares worth $5.43M on Saturday, January 13. Lake Marianne had sold 9,194 shares worth $1.03M on Saturday, January 13. The insider CROWN JAMES S bought $825,327. On Monday, April 16 the insider HOBSON MELLODY L bought $2.00 million. Erdoes Mary E. had sold 65,101 shares worth $7.31M on Saturday, January 13. Scher Peter sold $3.01 million worth of stock.

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 120 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Tuesday, June 6 by Jefferies. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Thursday, June 1 by BMO Capital Markets. As per Monday, July 17, the company rating was maintained by Credit Suisse. As per Tuesday, September 1, the company rating was upgraded by Vetr. BMO Capital Markets maintained it with “Hold” rating and $8600 target in Friday, July 14 report. The company was maintained on Sunday, July 16 by Bank of America. On Wednesday, December 20 the stock rating was maintained by Wells Fargo with “Buy”. Nomura maintained it with “Neutral” rating and $65 target in Wednesday, September 7 report. The firm has “Neutral” rating given on Monday, January 18 by UBS. The rating was upgraded by Bruyette & Woods” on Monday, August 17 to “Outperform”.

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

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>