Mondrian Investment Partners LTD Has Decreased Its Position in Honda Motor Adr (HMC) by $5.85 Million as Stock Value Declined; As J.P. Morgan Chase (JPM) Stock Value Rose, Selway Asset Management Cut Holding

May 18, 2018 - By Ellis Scott

JPMorgan Chase & Co. (NYSE:JPM) Logo

Selway Asset Management decreased its stake in J.P. Morgan Chase (JPM) by 8.4% based on its latest 2017Q4 regulatory filing with the SEC. Selway Asset Management sold 5,125 shares as the company’s stock rose 0.67% while stock markets declined. The institutional investor held 55,912 shares of the major banks company at the end of 2017Q4, valued at $5.98M, down from 61,037 at the end of the previous reported quarter. Selway Asset Management who had been investing in J.P. Morgan Chase for a number of months, seems to be less bullish one the $381.83 billion market cap company. The stock decreased 0.71% or $0.7997 during the last trading session, reaching $112.1603. About 1.43 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.




Mondrian Investment Partners Ltd decreased its stake in Honda Motor Adr (HMC) by 7.99% based on its latest 2017Q4 regulatory filing with the SEC. Mondrian Investment Partners Ltd sold 172,169 shares as the company’s stock declined 1.66% with the market. The institutional investor held 1.98 million shares of the capital goods company at the end of 2017Q4, valued at $67.39M, down from 2.15 million at the end of the previous reported quarter. Mondrian Investment Partners Ltd who had been investing in Honda Motor Adr for a number of months, seems to be less bullish one the $59.16 billion market cap company. The stock decreased 0.03% or $0.01 during the last trading session, reaching $33.09. About 87,092 shares traded. Honda Motor Co., Ltd. (NYSE:HMC) has risen 9.48% since May 18, 2017 and is uptrending. It has underperformed by 2.07% the S&P500.

More notable recent Honda Motor Co., Ltd. (NYSE:HMC) news were published by: 247Wallst.com which released: “Ford Sales Expected to Suffer in April” on April 28, 2018, also Nasdaq.com with their article: “Ford’s Sales Slip Again as Sedan Sales Dwindle” published on May 03, 2018, 247Wallst.com published: “Ford F-Series Easily Tops April Pickup Sales” on May 01, 2018. More interesting news about Honda Motor Co., Ltd. (NYSE:HMC) were released by: 247Wallst.com and their article: “As Ford Shuts Down Sedan Models, Dealers Brace for Trouble” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Japanese automakers eye bet on sedans” with publication date: May 03, 2018.

Among 9 analysts covering Honda Motor Co (NYSE:HMC), 2 have Buy rating, 5 Sell and 2 Hold. Therefore 22% are positive. Honda Motor Co had 22 analyst reports since August 27, 2015 according to SRatingsIntel. The company was maintained on Friday, May 13 by Jefferies. Jefferies maintained Honda Motor Co., Ltd. (NYSE:HMC) on Tuesday, August 15 with “Buy” rating. On Wednesday, April 11 the stock rating was maintained by Jefferies with “Buy”. The stock of Honda Motor Co., Ltd. (NYSE:HMC) has “Buy” rating given on Thursday, March 1 by Jefferies. Jefferies maintained the shares of HMC in report on Friday, November 10 with “Buy” rating. The rating was maintained by Jefferies on Monday, September 18 with “Buy”. The stock has “Hold” rating by Jefferies on Friday, October 9. As per Tuesday, July 4, the company rating was maintained by Jefferies. The firm earned “Outperform” rating on Saturday, February 4 by Macquarie Research. The firm has “Reduce” rating by Nomura given on Friday, May 13.

Mondrian Investment Partners Ltd, which manages about $70.36B and $4.11B US Long portfolio, upped its stake in Us Ecology (NASDAQ:ECOL) by 14,561 shares to 92,719 shares, valued at $4.73 million in 2017Q4, according to the filing. It also increased its holding in Procter&Gamble (NYSE:PG) by 4,133 shares in the quarter, for a total of 444,613 shares, and has risen its stake in Acadia (NASDAQ:ACHC).

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 company was maintained on Friday, October 13 by BMO Capital Markets. Sandler O’Neill maintained the shares of JPM in report on Tuesday, January 16 with “Hold” rating. The rating was downgraded by Portales Partners on Monday, February 22 to “Underperform”. Wells Fargo maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Thursday, August 10. Wells Fargo has “Outperform” rating and $110 target. As per Wednesday, November 15, the company rating was maintained by Robert W. Baird. UBS reinitiated it with “Buy” rating and $98 target in Wednesday, January 11 report. The firm has “Buy” rating given on Monday, October 9 by Credit Suisse. The firm has “Buy” rating given on Friday, August 18 by RBC Capital Markets. The rating was downgraded by Societe Generale on Tuesday, January 9 to “Hold”. The rating was upgraded by DZ Bank on Wednesday, January 17 to “Hold”.

Since January 13, 2018, it had 3 buys, and 8 selling transactions for $18.63 million activity. $3.01M worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Scher Peter. 7,280 shares valued at $825,327 were bought by CROWN JAMES S on Tuesday, January 16. Petno Douglas B had sold 48,344 shares worth $5.43M on Saturday, January 13. The insider Erdoes Mary E. sold 65,101 shares worth $7.31 million. Shares for $1.49M were bought by Combs Todd A. on Monday, May 14. Lake Marianne sold 9,194 shares worth $1.03 million.

Selway Asset Management, which manages about $271.44 million and $170.00 million US Long portfolio, upped its stake in 2X Bdc Index (BDCL) by 142,700 shares to 720,875 shares, valued at $11.86M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.88 in 2017 Q4. 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. Zuckerman Investment Gru Ltd Liability Corporation has invested 0.09% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Bedrijfstakpensioenfonds Voor De Media Pno invested 4.45% in JPMorgan Chase & Co. (NYSE:JPM). Blackhill Capital holds 0.01% or 550 shares in its portfolio. Bridges Investment has invested 1.1% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Endeavour Cap Advsrs holds 0.11% or 2,508 shares. Ibm Retirement Fund has 1.78% invested in JPMorgan Chase & Co. (NYSE:JPM) for 89,965 shares. Price T Rowe Assocs Incorporated Md has 74.36M shares for 1.29% of their portfolio. Baldwin Invest Limited Liability Company has 0.78% invested in JPMorgan Chase & Co. (NYSE:JPM) for 20,581 shares. Fiduciary Tru has invested 0.94% in JPMorgan Chase & Co. (NYSE:JPM). Farmers Trust stated it has 3.29% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Thompson Rubinstein Mngmt Incorporated Or invested in 0.22% or 6,255 shares. Massmutual Trust Company Fsb Adv stated it has 300 shares or 0% of all its holdings. Coldstream has 42,053 shares. Horseman Cap Mgmt invested 2.43% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Zweig has 0.06% invested in JPMorgan Chase & Co. (NYSE:JPM).

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “King Dimon – For Now | JPMorgan” on April 26, 2018, also Seekingalpha.com with their article: “JPMorgan ups automated stock trading efforts” published on May 10, 2018, Seekingalpha.com published: “Regions Financial Will Go Higher – Cramer’s Lightning Round (5/17/18)” on May 18, 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 Livetradingnews.com‘s news article titled: “JPMorgan Chase & Co. (NYSE:JPM) Trending Upwards” with publication date: May 11, 2018.

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