As Jpmorgan Chase & Co (JPM) Share Price Rose, Shareholder Hermes Investment Management LTD Decreased Holding by $407,570; Pure Financial Advisors Continues to Hold Stake in Apple (AAPL)

May 18, 2018 - By Louis Casey

JPMorgan Chase & Co. (NYSE:JPM) Logo

Hermes Investment Management Ltd decreased its stake in Jpmorgan Chase & Co (JPM) by 1.99% based on its latest 2017Q4 regulatory filing with the SEC. Hermes Investment Management Ltd sold 3,845 shares as the company’s stock rose 0.67% while stock markets declined. The institutional investor held 189,185 shares of the major banks company at the end of 2017Q4, valued at $20.23M, down from 193,030 at the end of the previous reported quarter. Hermes Investment Management Ltd who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $380.53B market cap company. The stock decreased 1.04% or $1.18 during the last trading session, reaching $111.78. About 4.05 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since May 18, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.




Pure Financial Advisors Inc increased its stake in Apple Inc (AAPL) by 18.1% based on its latest 2017Q4 regulatory filing with the SEC. Pure Financial Advisors Inc bought 3,130 shares as the company’s stock declined 3.81% with the market. The institutional investor held 20,421 shares of the computer manufacturing company at the end of 2017Q4, valued at $3.46 million, up from 17,291 at the end of the previous reported quarter. Pure Financial Advisors Inc who had been investing in Apple Inc for a number of months, seems to be bullish on the $920.36 billion market cap company. The stock increased 0.14% or $0.26 during the last trading session, reaching $187.25. About 7.94 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 18, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It is positive, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. Rench Wealth owns 45,709 shares. Dearborn Prtnrs Ltd Liability Corp reported 2.53% of its portfolio in Apple Inc. (NASDAQ:AAPL). Knightsbridge Asset Limited Liability Company reported 48,363 shares. First Savings Bank Of Newtown invested 2.41% in Apple Inc. (NASDAQ:AAPL). 83,506 are owned by Griffin Asset. Moreover, Hexavest Inc has 2.23% invested in Apple Inc. (NASDAQ:AAPL). Tdam Usa holds 3.57% or 368,658 shares in its portfolio. Farr Miller Washington Limited Liability Company Dc holds 0.66% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 43,571 shares. Riverpark Capital Management Lc reported 136,111 shares. Tnb Fincl accumulated 3.35% or 105,555 shares. Sentry holds 0.08% or 36,510 shares in its portfolio. Berkshire Hathaway Inc stated it has 14.63% of its portfolio in Apple Inc. (NASDAQ:AAPL). Next Century Growth Limited Liability Corp has 0.3% invested in Apple Inc. (NASDAQ:AAPL) for 14,505 shares. Levin Strategies LP holds 3.14% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 1.10M shares. Texas-based Barrow Hanley Mewhinney And Strauss Limited Liability Corp has invested 0% in Apple Inc. (NASDAQ:AAPL).

Pure Financial Advisors Inc, which manages about $1.02 billion and $403.16M US Long portfolio, decreased its stake in Vanguard Intl Equity Index F (VSS) by 24,377 shares to 76,697 shares, valued at $9.15 million in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (AGG) by 9,964 shares in the quarter, leaving it with 31,312 shares, and cut its stake in Vanguard Bd Index Fd Inc (BND).

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 414 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, October 28. Wells Fargo initiated Apple Inc. (NASDAQ:AAPL) on Tuesday, November 14 with “Hold” rating. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Citigroup on Friday, November 3. The rating was maintained by BMO Capital Markets with “Buy” on Monday, July 24. On Monday, January 11 the stock rating was maintained by Deutsche Bank with “Hold”. BMO Capital Markets maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, November 3. BMO Capital Markets has “Outperform” rating and $195 target. The firm earned “Hold” rating on Friday, December 1 by Gabelli. The company was maintained on Wednesday, August 2 by Canaccord Genuity. The firm has “Buy” rating by Mizuho given on Monday, January 11. The company was maintained on Wednesday, August 2 by Robert W. Baird.

Since December 7, 2017, it had 0 buys, and 8 selling transactions for $42.88 million activity. 15,641 shares were sold by Riccio Daniel J., worth $2.65 million on Thursday, December 7. AHRENDTS ANGELA J had sold 38,228 shares worth $6.75 million. 69,491 shares were sold by SCHILLER PHILIP W, worth $11.56M on Tuesday, April 3. $6.51 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by LEVINSON ARTHUR D. Another trade for 15,653 shares valued at $2.90 million was sold by WILLIAMS JEFFREY E.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple’s Dividend: An Opportunity Wasted” on May 15, 2018, also Nasdaq.com with their article: “Thursday’s Vital Data: Facebook, Inc. (FB), Apple Inc. (AAPL) and Alibaba Group Holding Ltd (BABA)” published on May 17, 2018, Seekingalpha.com published: “Tim Cook comments on Trump meeting” on May 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Livetradingnews.com and their article: “Apple Inc. (NASDAQ:AAPL) Upward Trend” published on May 17, 2018 as well as Nasdaq.com‘s news article titled: “Thursday Apple Rumors: Apple Glasses May Launch in 2021” with publication date: May 17, 2018.

Hermes Investment Management Ltd, which manages about $20.91B and $6.98B US Long portfolio, upped its stake in Dollar Tree Inc (NASDAQ:DLTR) by 14,732 shares to 95,355 shares, valued at $10.23M in 2017Q4, according to the filing. It also increased its holding in Thermo Fisher Scientific Inc (NYSE:TMO) by 15,488 shares in the quarter, for a total of 620,477 shares, and has risen its stake in Bank Of The Ozarks (NASDAQ:OZRK).

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 $7.69 billion for 12.37 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.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.03, from 0.91 in 2017Q3. It dived, 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. Amica Pension Fund Board Of Trustees holds 2.79% or 226,870 shares in its portfolio. Comerica National Bank reported 1.22M shares. Mitsubishi Ufj Holdg Ltd reported 2,020 shares or 0.91% of all its holdings. 207,269 are held by Jacobs Levy Equity Inc. Daiwa Sb has 115,890 shares. Eqis Cap Mngmt has invested 0.12% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Snow Capital Management Limited Partnership invested 3.53% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Davis Capital Ltd Limited Liability Company owns 250,000 shares or 2.93% of their US portfolio. Tompkins Fincl has invested 1.26% in JPMorgan Chase & Co. (NYSE:JPM). Harris Associate Ltd Partnership holds 0.62% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 3.53M shares. Moreover, Fairfield Bush And Co has 4.11% invested in JPMorgan Chase & Co. (NYSE:JPM) for 139,545 shares. Cornercap Invest Counsel reported 0.76% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Janney Cap Mngmt Ltd Company has 225,690 shares. Nippon Life Americas holds 2.76% or 323,430 shares. Buckingham Capital Mngmt accumulated 116,750 shares.

Since January 13, 2018, it had 3 insider purchases, and 8 insider sales for $18.63 million activity. On Saturday, January 13 the insider Lake Marianne sold $1.03 million. Shares for $825,327 were bought by CROWN JAMES S on Tuesday, January 16. Shares for $1.49M were bought by Combs Todd A. on Monday, May 14. Giles Nicole sold $425,399 worth of stock or 3,783 shares. $5.43 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Petno Douglas B on Saturday, January 13. Friedman Stacey also sold $1.99M worth of JPMorgan Chase & Co. (NYSE:JPM) shares.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “JPMorgan to open up alternative investments to a broader client base” on May 17, 2018, also Seekingalpha.com with their article: “JPMorgan: Magnificent Morgan” published on April 30, 2018, Seekingalpha.com published: “JPMorgan Chase: A Compelling Upside Case” on May 03, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “JPMorgan Chase & Co’s (JPM) CEO Jamie Dimon Hosts Annual Shareholders Meeting Broker Conference Call …” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “JPMorgan back to business in China” with publication date: May 14, 2018.

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. Bank of America maintained the stock with “Buy” rating in Friday, October 13 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by Bank of America on Friday, January 12. Bank of America maintained the stock with “Buy” rating in Sunday, July 16 report. The firm earned “Hold” rating on Wednesday, January 17 by DZ Bank. The firm has “Buy” rating by RBC Capital Markets given on Thursday, June 15. UBS maintained it with “Neutral” rating and $63.0 target in Friday, January 15 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by Jefferies on Monday, October 10. The firm has “Buy” rating given on Tuesday, July 21 by Jefferies. The firm earned “Overweight” rating on Monday, April 30 by Morgan Stanley. On Thursday, December 21 the stock rating was upgraded by Buckingham Research to “Buy”.

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

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