Smith Salley & Associates Has Increased Jpmorgan Chase & Co (JPM) Holding by $1.24 Million; As Enstar Group LTD (ESGR) Market Valuation Rose, Schneider Capital Management Cut by $1.07 Million Its Position

Enstar Group Limited (NASDAQ:ESGR) Logo

Smith Salley & Associates increased its stake in Jpmorgan Chase & Co (JPM) by 8.38% based on its latest 2018Q1 regulatory filing with the SEC. Smith Salley & Associates bought 11,359 shares as the company’s stock declined 6.83% with the market. The institutional investor held 146,927 shares of the major banks company at the end of 2018Q1, valued at $16.16 million, up from 135,568 at the end of the previous reported quarter. Smith Salley & Associates who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $368.86B market cap company. The stock increased 2.28% or $2.42 during the last trading session, reaching $108.35. About 17.49M shares traded or 20.01% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since May 31, 2017 and is uptrending. It has outperformed by 17.08% the S&P500.

Schneider Capital Management Corp decreased its stake in Enstar Group Ltd. (ESGR) by 13.93% based on its latest 2018Q1 regulatory filing with the SEC. Schneider Capital Management Corp sold 5,084 shares as the company’s stock rose 4.05% while stock markets declined. The institutional investor held 31,420 shares of the property-casualty insurers company at the end of 2018Q1, valued at $6.61M, down from 36,504 at the end of the previous reported quarter. Schneider Capital Management Corp who had been investing in Enstar Group Ltd. for a number of months, seems to be less bullish one the $4.39B market cap company. The stock decreased 0.27% or $0.55 during the last trading session, reaching $204.9. About 35,724 shares traded or 12.89% up from the average. Enstar Group Limited (NASDAQ:ESGR) has risen 8.82% since May 31, 2017 and is uptrending. It has underperformed by 3.75% the S&P500.

Smith Salley & Associates, which manages about $331.94 million and $557.83 million US Long portfolio, decreased its stake in Ishares Tr (AGG) by 5,443 shares to 34,642 shares, valued at $3.72M in 2018Q1, according to the filing. It also reduced its holding in Ford Mtr Co Del (NYSE:F) by 125,755 shares in the quarter, leaving it with 218,100 shares, and cut its stake in Verizon Communications Inc (NYSE:VZ).

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “JPMorgan doubles down on AI” on May 04, 2018, also Investorplace.com with their article: “$66 Is THE Level to Watch In Citigroup Stock After a Brutal Selloff” published on May 30, 2018, 247Wallst.com published: “Exxon, Chevron Lift the Dow Wednesday” on May 30, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “JPMorgan Chase: A Compelling Upside Case” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “JPMorgan ups automated stock trading efforts” with publication date: May 10, 2018.

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.07, from 0.88 in 2017Q4. It fall, as 52 investors sold JPM shares while 843 reduced holdings. 132 funds opened positions while 596 raised stakes. 2.39 billion shares or 2.61% less from 2.46 billion shares in 2017Q4 were reported. Mirador Ptnrs Limited Partnership, California-based fund reported 33,253 shares. Bridges Inv Management has 1.03% invested in JPMorgan Chase & Co. (NYSE:JPM). The Netherlands-based Apg Asset Nv has invested 1.19% in JPMorgan Chase & Co. (NYSE:JPM). 4.33M were reported by Atlantic Trust Grp Limited Liability Corporation. Outfitter Advsr Ltd reported 0.79% in JPMorgan Chase & Co. (NYSE:JPM). Arete Wealth Advsrs Ltd Llc accumulated 0.52% or 14,244 shares. Moreover, Wellington Shields Cap Mgmt Ltd Liability Company has 1.51% invested in JPMorgan Chase & Co. (NYSE:JPM) for 91,057 shares. Van Strum And Towne, a California-based fund reported 44,035 shares. Howard Cap Mngmt has invested 2.3% in JPMorgan Chase & Co. (NYSE:JPM). Plante Moran Advsr Ltd Llc owns 16,087 shares. Pillar Pacific Capital Mngmt Ltd Company reported 0.96% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Pub Sector Pension Inv Board holds 1.21 million shares or 0.93% of its portfolio. Icon Advisers holds 1.99% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 239,695 shares. Ashfield Prtnrs Limited Liability Corporation holds 0.21% or 14,956 shares in its portfolio. Hite Hedge Asset Mgmt Lc holds 0.08% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 3,392 shares.

Since January 13, 2018, it had 3 insider purchases, and 8 selling transactions for $18.63 million activity. Erdoes Mary E. sold $7.31 million worth of stock or 65,101 shares. Shares for $1.84 million were sold by BACON ASHLEY. 13,000 shares were bought by Combs Todd A., worth $1.49M on Monday, May 14. $1.99 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Friedman Stacey. $825,327 worth of JPMorgan Chase & Co. (NYSE:JPM) shares were bought by CROWN JAMES S. The insider Scher Peter sold 17,057 shares worth $1.91 million.

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 firm earned “Overweight” rating on Monday, April 30 by Morgan Stanley. The firm has “Neutral” rating by UBS given on Friday, January 15. Keefe Bruyette & Woods maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, July 14 with “Hold” rating. The firm has “Hold” rating given on Thursday, January 11 by Credit Suisse. The firm earned “Buy” rating on Wednesday, December 6 by RBC Capital Markets. Berenberg initiated the stock with “Sell” rating in Wednesday, July 13 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Wednesday, November 15 by Robert W. Baird. Goldman Sachs maintained the shares of JPM in report on Thursday, July 6 with “Neutral” rating. RBC Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) on Monday, July 17 with “Buy” rating. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Outperform” rating by KBW on Monday, August 17.

Investors sentiment decreased to 0.59 in Q1 2018. Its down 0.54, from 1.13 in 2017Q4. It is negative, as 16 investors sold ESGR shares while 57 reduced holdings. 13 funds opened positions while 30 raised stakes. 13.24 million shares or 6.18% less from 14.11 million shares in 2017Q4 were reported. Royal Bankshares Of Canada holds 15,784 shares. Wellington Limited Liability Partnership owns 406,467 shares or 0.02% of their US portfolio. Parsons Cap Mngmt Ri, a Rhode Island-based fund reported 4,400 shares. Regions Financial Corporation holds 0% of its portfolio in Enstar Group Limited (NASDAQ:ESGR) for 1,750 shares. Strs Ohio has 6,000 shares for 0.01% of their portfolio. Parametric Portfolio Associate Limited Liability reported 0% stake. Credit Suisse Ag reported 10,804 shares stake. 3,761 are owned by Synovus Financial Corp. Aperio Grp Inc Ltd Limited Liability Company invested in 3,338 shares. Diamond Hill Capital Mngmt stated it has 0.29% of its portfolio in Enstar Group Limited (NASDAQ:ESGR). Whittier Trust Of Nevada Inc invested in 0% or 11 shares. Manufacturers Life Insurance The has 8,408 shares for 0% of their portfolio. Fenimore Asset holds 0.07% or 8,595 shares in its portfolio. The Maryland-based Proshare Advisors Lc has invested 0% in Enstar Group Limited (NASDAQ:ESGR). Barclays Public Limited Company holds 0% of its portfolio in Enstar Group Limited (NASDAQ:ESGR) for 5,354 shares.

Another recent and important Enstar Group Limited (NASDAQ:ESGR) news was published by Globenewswire.com which published an article titled: “Enstar Group Limited Reports First Quarter 2018 Results” on May 08, 2018.

Schneider Capital Management Corp, which manages about $436.49 million US Long portfolio, upped its stake in Chesapeake Energy Corporation (NYSE:CHK) by 500,000 shares to 10.73 million shares, valued at $32.41M in 2018Q1, according to the filing. It also increased its holding in Scorpio Tankers Inc (NYSE:STNG) by 930,617 shares in the quarter, for a total of 2.55 million shares, and has risen its stake in Now Inc. (NYSE:DNOW).

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