Gateway Advisory Has Decreased By $2.56 Million Its Jpmorgan Chase & Co (JPM) Stake, Huff W R Asset Management Company Raised By $684,654 Its Verizon (VZ) Stake

June 19, 2017 - By Stephen Andrade

Huff W R Asset Management Company Llc increased Verizon (VZ) stake by 17.52% reported in 2016Q4 SEC filing. Huff W R Asset Management Company Llc acquired 12,918 shares as Verizon (VZ)’s stock declined 7.66%. The Huff W R Asset Management Company Llc holds 86,642 shares with $4.63M value, up from 73,724 last quarter. Verizon now has $190.18 billion valuation. It closed at $46.63 lastly. It is down 8.48% since June 19, 2016 and is downtrending. It has underperformed by 25.18% the S&P500.

Gateway Advisory Llc decreased Jpmorgan Chase & Co (JPM) stake by 78.8% reported in 2016Q4 SEC filing. Gateway Advisory Llc sold 29,766 shares as Jpmorgan Chase & Co (JPM)’s stock declined 6.04%. The Gateway Advisory Llc holds 8,007 shares with $691,000 value, down from 37,773 last quarter. Jpmorgan Chase & Co now has $304.80 billion valuation. The stock decreased 0.45% or $0.39 during the last trading session, reaching $86.18. About 1,240 shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since June 19, 2016 and is uptrending. It has outperformed by 17.04% the S&P500.

Since January 13, 2017, it had 0 insider buys, and 10 selling transactions for $21.13 million activity. On Tuesday, January 17 Smith Gordon sold $5.51 million worth of JPMorgan Chase & Co. (NYSE:JPM) or 65,865 shares. Another trade for 6,728 shares valued at $566,195 was sold by Petno Douglas B. BACON ASHLEY sold $568,100 worth of JPMorgan Chase & Co. (NYSE:JPM) on Thursday, May 11. Pinto Daniel E sold $3.40M worth of stock. $3.01 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Erdoes Mary E. on Friday, January 13. $3.54 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Zames Matthew E. Donnelly John L also sold $542,314 worth of JPMorgan Chase & Co. (NYSE:JPM) shares.

Gateway Advisory Llc increased Rydex Etf Trust (RSP) stake by 27,598 shares to 70,382 valued at $6.10M in 2016Q4. It also upped Ishares Tr (CSJ) stake by 32,087 shares and now owns 375,613 shares. Pimco Etf Tr (BOND) was raised too.

Among 25 analysts covering JPMorgan Chase & Co (NYSE:JPM), 13 have Buy rating, 2 Sell and 10 Hold. Therefore 52% are positive. JPMorgan Chase & Co had 52 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, April 14 by Goldman Sachs. The firm has “Buy” rating by Jefferies given on Wednesday, February 24. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, January 3. The firm has “Mkt Perform” rating given on Tuesday, January 17 by Keefe Bruyette & Woods. Berenberg initiated the stock with “Sell” rating in Wednesday, July 13 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Wednesday, September 16 by BMO Capital Markets. The firm has “Buy” rating given on Wednesday, August 12 by Deutsche Bank. UBS maintained the stock with “Neutral” rating in Monday, January 18 report. The rating was downgraded by Ertse Group on Monday, April 25 to “Hold”. Argus Research maintained the shares of JPM in report on Wednesday, October 14 with “Buy” rating.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $1.63 EPS, up 5.16% or $0.08 from last year’s $1.55 per share. JPM’s profit will be $5.76B for 13.22 P/E if the $1.63 EPS becomes a reality. After $1.65 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -1.21% negative EPS growth.

Investors sentiment decreased to 0.82 in 2016 Q4. Its down 0.15, from 0.97 in 2016Q3. It fall, as 69 investors sold JPM shares while 807 reduced holdings. 166 funds opened positions while 553 raised stakes. 2.60 billion shares or 2.27% more from 2.54 billion shares in 2016Q3 were reported. Livforsakringsbolaget Skandia Omsesidigt owns 383,692 shares. 491,920 are held by Tiaa Cref Trust Fsb Mo. 951,871 are owned by Trilogy Advsr L P. Kcm Investment Ltd owns 132,714 shares. Peapack Gladstone Fin Corp owns 456,554 shares. 3,521 are owned by Alta Cap Management Limited Liability. Motco owns 123,018 shares. Frontier Inv Mgmt Co reported 0.19% in JPMorgan Chase & Co. (NYSE:JPM). Mcf Advisors Ltd invested 0.18% in JPMorgan Chase & Co. (NYSE:JPM). Cutter And Co Brokerage holds 7,119 shares or 0.25% of its portfolio. Callahan Advsr Limited Liability Company owns 141,073 shares or 2.93% of their US portfolio. Cohen Cap Mngmt owns 157,570 shares or 3.71% of their US portfolio. Stephens Incorporated Ar reported 163,435 shares stake. Nomura Holdg stated it has 591,908 shares. Scotia Capital, a Ontario – Canada-based fund reported 684,570 shares.

Investors sentiment increased to 1.11 in Q4 2016. Its up 0.01, from 1.1 in 2016Q3. It is positive, as 60 investors sold VZ shares while 658 reduced holdings. 115 funds opened positions while 683 raised stakes. 2.53 billion shares or 1.29% more from 2.50 billion shares in 2016Q3 were reported. First In reported 0.8% in Verizon Communications Inc. (NYSE:VZ). 4.06M are held by Stifel Financial. Frontier Investment Mngmt Com reported 1.82% stake. 54,790 are owned by Folger Nolan Fleming Douglas Capital Inc. Ar Asset Mngmt reported 31,718 shares stake. Ht Prns Lc holds 4,910 shares or 0.14% of its portfolio. Thomas J Herzfeld Advsrs has invested 0.04% in Verizon Communications Inc. (NYSE:VZ). Bright Rock Capital Mgmt Ltd has invested 2.71% of its portfolio in Verizon Communications Inc. (NYSE:VZ). 52,513 are owned by Advisor Lc. Colonial Advsrs owns 115,971 shares or 2% of their US portfolio. American Asset Mngmt Incorporated has 0.81% invested in Verizon Communications Inc. (NYSE:VZ) for 13,632 shares. Dimensional Fund Advsr Ltd Partnership holds 0.32% or 12.04M shares in its portfolio. Dnb Asset As invested 0% in Verizon Communications Inc. (NYSE:VZ). Profund Advsr Limited Liability has invested 0.42% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Denver Inv Advsrs Limited Company stated it has 17,993 shares.

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

By1 Stephen Andrade

Automatic Stock Updates

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


>
Facebook
Twitter
LinkedIn
StockTwits
Google Plus
Reddit