Torch Wealth Management Trimmed Its J.P. Morgan Chase & Co (JPM) Holding by $990,156 as Stock Value Declined; Microsoft (MSFT) Holder Delta Asset Management Decreased Its Holding as Share Value Rose

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Delta Asset Management Llc decreased its stake in Microsoft Corp (MSFT) by 8.98% based on its latest 2018Q1 regulatory filing with the SEC. Delta Asset Management Llc sold 57,296 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 580,722 shares of the prepackaged software company at the end of 2018Q1, valued at $53.00M, down from 638,018 at the end of the previous reported quarter. Delta Asset Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $757.79 billion market cap company. The stock increased 1.12% or $1.09 during the last trading session, reaching $98.63. About 22.63M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 29, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 19/03/2018 – BlackBerry and Microsoft Partner to Empower the Mobile Workforce; 16/05/2018 – ValueAct Dumps Microsoft, Express Scripts — Barron’s Blog; 09/04/2018 – Slashdot: Microsoft Open-Sources Original File Manager From the 1990s So It Can Run On Windows 10 (theverge.com); 14/05/2018 – Capstone to Power Mid-Atlantic Area University with a 1 MW 80% Efficient Solution; 20/04/2018 – Four U.S. tech companies â€“ Amazon, Microsoft, Intel, and Google â€“ were among the top 10 employers for approved H-1B applications in FY 2017, according to a new study; 03/04/2018 – Electric Imp and Microsoft Partner to Accelerate Secure IoT and Simplify Connectivity for Industrial and Commercial Customers; 03/04/2018 – HealthEC Adds The Villages Health to Population Health Management Solution; 26/03/2018 – Smartsheet competes with Google and Microsoft, among other companies; 31/05/2018 – INFOSYS LTD INFY.NS SAYS CO EXTENDS ALLIANCE WITH MICROSOFT FOR CLOUD-BASED DIGITAL TRANSFORMATION SOLUTIONS; 29/03/2018 – Microsoft Diminishes Windows Role in Cloud-Focused Reorganization–3rd Update

Torch Wealth Management Llc decreased its stake in J.P. Morgan Chase & Co (JPM) by 25.23% based on its latest 2018Q1 regulatory filing with the SEC. Torch Wealth Management Llc sold 9,084 shares as the company’s stock declined 6.83% with the market. The institutional investor held 26,923 shares of the major banks company at the end of 2018Q1, valued at $2.96 million, down from 36,007 at the end of the previous reported quarter. Torch Wealth Management Llc who had been investing in J.P. Morgan Chase & Co for a number of months, seems to be less bullish one the $357.21B market cap company. The stock increased 1.64% or $1.69 during the last trading session, reaching $104.93. About 14.49M shares traded or 1.40% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since June 29, 2017 and is uptrending. It has outperformed by 17.08% the S&P500. Some Historical JPM News: 22/05/2018 – HighPoint Resources Presenting at JPMorgan Conference Jun 19; 07/05/2018 – BUFFETT SAYS LIST OF CEO CANDIDATES HAS BEEN “NARROWED DOWN” FOR HEALTHCARE VENTURE BETWEEN BERKSHIRE, AMAZON.COM AMZN.O AND JPMORGAN CHASE JPM.N; 18/04/2018 – JPMorgan Sees Asia Investors Exiting Low-Risk Products for Bonds; 16/05/2018 – Switch Presenting at JPMorgan Conference Tomorrow; 07/03/2018 – VISITPAY SIGNS EXCLUSIVE PACT WITH JPMORGAN CHASE; 10/05/2018 – JPMorgan Applies for China Venture Control After Dimon Visit; 23/04/2018 – JPMorgan’s Frenkel on Trade Tensions, Fed Policy (Video); 10/04/2018 – SOUTH JERSEY INDUSTRIES INC SJI.N : JP MORGAN RAISES TARGET PRICE TO $30 FROM $29; 30/05/2018 – Pro Skateboarder Tony Hawk Collaborates with Chase for Small Business Productivity Guide; 22/03/2018 – JPMorgan mulls spin-off of blockchain project Quorum

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.07, from 0.88 in 2017Q4. It is negative, 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. Fukoku Mutual Life Insurance Company invested 0.26% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Dixon Hubard Feinour And Brown Inc Va has 8,618 shares. Insight 2811 holds 3,058 shares or 0.24% of its portfolio. Girard Partners Ltd invested 1.82% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Graybill Bartz & Associates Ltd, Illinois-based fund reported 21,675 shares. Pinnacle Holding Ltd Llc holds 0% or 23,338 shares in its portfolio. Pekin Singer Strauss Asset Il reported 24,708 shares stake. Contravisory Investment Inc reported 646 shares. Marietta Investment Prtnrs Ltd Liability Com stated it has 0.17% in JPMorgan Chase & Co. (NYSE:JPM). Chilton Company Lc accumulated 15,057 shares. Manchester Capital Limited Liability Co invested in 0.31% or 17,638 shares. Moreover, Broderick Brian C has 0.08% invested in JPMorgan Chase & Co. (NYSE:JPM) for 1,948 shares. Hightower Advsrs Ltd Llc accumulated 1.01% or 1.10 million shares. Alphaone Invest Services Ltd Company has invested 1.34% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Webster National Bank & Trust N A invested in 136,738 shares.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Nasdaq.com which released: “5 Value Picks to Exploit the Dip in Emerging Markets” on June 28, 2018, also Bizjournals.com with their article: “The Chase Finn app goes national after successful test” published on June 28, 2018, Seekingalpha.com published: “Federal Reserve objects to Deutsche Bank USA’s capital return plan” on June 28, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Benzinga.com and their article: “Upcoming Earnings: Nike To Report Q4 Results On Thursday” published on June 27, 2018 as well as Nasdaq.com‘s news article titled: “Square Stock Is So Hot It Won’t Be Long Before PayPal Strikes Back” with publication date: June 28, 2018.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13 before the open. They expect $2.25 EPS, up 23.63% or $0.43 from last year’s $1.82 per share. JPM’s profit will be $7.66B for 11.66 P/E if the $2.25 EPS becomes a reality. After $2.37 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -5.06% negative EPS growth.

Torch Wealth Management Llc, which manages about $237.51 million and $154.27 million US Long portfolio, upped its stake in Duke Energy Corp New (NYSE:DUK) by 4,714 shares to 20,708 shares, valued at $1.60 million in 2018Q1, according to the filing.

Since January 13, 2018, it had 3 insider buys, and 8 sales for $18.63 million activity. $1.84 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by BACON ASHLEY. On Saturday, January 13 Friedman Stacey sold $1.99M worth of JPMorgan Chase & Co. (NYSE:JPM) or 17,729 shares. The insider Giles Nicole sold $425,399. $825,327 worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by CROWN JAMES S on Tuesday, January 16. Scher Peter sold $3.01 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Friday, January 19. $7.31M worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Erdoes Mary E..

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 has $136 highest and $52 lowest target. $103.84’s average target is -1.04% below currents $104.93 stock price. JPMorgan Chase & Co had 120 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Robert W. Baird on Tuesday, January 2. The rating was maintained by Robert W. Baird on Friday, October 13 with “Neutral”. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, July 14 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by RBC Capital Markets on Monday, July 17. The firm has “Buy” rating given on Wednesday, December 6 by RBC Capital Markets. Wells Fargo maintained the shares of JPM in report on Thursday, August 10 with “Outperform” rating. Keefe Bruyette & Woods maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, August 18 with “Hold” rating. The company was maintained on Thursday, April 14 by Nomura. The company was downgraded on Friday, August 28 by Vetr. The firm earned “Hold” rating on Wednesday, October 11 by Keefe Bruyette & Woods.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 32 have Buy rating, 1 Sell and 4 Hold. Therefore 86% are positive. Microsoft Corporation has $130 highest and $20 lowest target. $92.68’s average target is -6.03% below currents $98.63 stock price. Microsoft Corporation had 197 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Sell” on Friday, July 21. On Wednesday, January 3 the stock rating was maintained by Piper Jaffray with “Buy”. BMO Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, January 31. BMO Capital Markets has “Buy” rating and $107.0 target. Wunderlich upgraded Microsoft Corporation (NASDAQ:MSFT) rating on Friday, October 21. Wunderlich has “Buy” rating and $70 target. On Tuesday, August 22 the stock rating was maintained by Credit Suisse with “Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Overweight” rating given on Friday, August 28 by Global Equities Research. UBS maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, January 29. UBS has “Buy” rating and $60 target. As per Monday, July 17, the company rating was maintained by Credit Suisse. Goldman Sachs maintained Microsoft Corporation (NASDAQ:MSFT) rating on Tuesday, July 18. Goldman Sachs has “Buy” rating and $8800 target. BMO Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, January 27 with “Outperform” rating.

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It fall, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Baxter Bros Inc holds 233,225 shares or 5.81% of its portfolio. 531,998 were reported by Westend Limited. Canandaigua Bancorp holds 155,171 shares. First Foundation Advisors accumulated 1.29M shares. Boyer Corporon Wealth Limited Liability Corp holds 1.63% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 41,863 shares. Gamble Jones Investment Counsel invested in 3.48% or 383,145 shares. The Massachusetts-based Loomis Sayles And Lp has invested 2.23% in Microsoft Corporation (NASDAQ:MSFT). Boyar Asset Mngmt reported 6.56% in Microsoft Corporation (NASDAQ:MSFT). Moreover, Edgestream Prtn Lp has 0.08% invested in Microsoft Corporation (NASDAQ:MSFT) for 4,730 shares. King Luther Capital Mgmt Corporation owns 2.92M shares. Laurel Grove Cap Ltd Co has 12,420 shares for 0.61% of their portfolio. Garrison Financial has 0.12% invested in Microsoft Corporation (NASDAQ:MSFT). Reilly Fincl Advisors Limited Com reported 17,387 shares. Essex Llc stated it has 105,287 shares or 1.26% of all its holdings. Professionals holds 0.04% or 797 shares in its portfolio.

Since February 16, 2018, it had 1 buy, and 4 selling transactions for $1.39 million activity. The insider PETERSON SANDRA E bought 5,400 shares worth $550,606.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft Vs. Cisco: 2 Of The Best Technology Stocks” on June 28, 2018, also Seekingalpha.com with their article: “Can Cloud-Based Growth Sustain Microsoft Going Forward?” published on June 04, 2018, Seekingalpha.com published: “Microsoft: This Might Turn Me Into A Bull” on June 25, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Fool.com and their article: “Mark Your Calendar: Microsoft Corporation Earnings” published on June 21, 2018 as well as Seekingalpha.com‘s news article titled: “For Microsoft The Future Is Now” with publication date: June 13, 2018.

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