Wednesday, 31 January 2018

Highvista Strategies Lifted Position in Northrop Grumman (NOC) by $3.50 Million; As J P Morgan Chase & Co (JPM) Share Value Declined, Private Asset Management Has Trimmed Position by $352,925

Private Asset Management Inc decreased its stake in J P Morgan Chase & Co Inc (JPM) by 1.82% based on its latest 2017Q3 regulatory filing with the SEC. Private Asset Management Inc sold 3,715 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 200,063 shares of the major banks company at the end of 2017Q3, valued at $19.11M, down from 203,778 at the end of the previous reported quarter. Private Asset Management Inc who had been investing in J P Morgan Chase & Co Inc for a number of months, seems to be less bullish one the $394.23B market cap company. The stock decreased 0.94% or $1.09 during the last trading session, reaching $115.11. About 14.28M shares traded or 5.32% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since January 31, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Highvista Strategies Llc increased its stake in Northrop Grumman Corp (NOC) by 1109.09% based on its latest 2017Q3 regulatory filing with the SEC. Highvista Strategies Llc bought 12,200 shares as the company’s stock rose 2.59% with the market. The hedge fund held 13,300 shares of the industrial machinery and components company at the end of 2017Q3, valued at $3.83M, up from 1,100 at the end of the previous reported quarter. Highvista Strategies Llc who had been investing in Northrop Grumman Corp for a number of months, seems to be bullish on the $59.10B market cap company. The stock increased 0.33% or $1.12 during the last trading session, reaching $339.46. About 1.30 million shares traded or 74.60% up from the average. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since January 31, 2017 and is uptrending. It has outperformed by 1.69% the S&P500.

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 14 Hold. Therefore 52% are positive. JPMorgan Chase & Co has $132.0 highest and $52 lowest target. $101.46’s average target is -11.86% below currents $115.11 stock price. JPMorgan Chase & Co had 108 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, December 21 by Buckingham Research. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, August 18 report. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, November 9. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, July 14. BMO Capital Markets has “Hold” rating and $8600 target. The firm earned “Buy” rating on Friday, February 5 by UBS. The firm has “Neutral” rating given on Friday, October 13 by Nomura. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. Bruyette & Woods” upgraded JPMorgan Chase & Co. (NYSE:JPM) rating on Monday, August 17. Bruyette & Woods” has “Outperform” rating and $77 target. Oppenheimer maintained the shares of JPM in report on Friday, July 14 with “Hold” rating. Buckingham Research downgraded JPMorgan Chase & Co. (NYSE:JPM) on Monday, October 17 to “Neutral” rating.

Since August 21, 2017, it had 1 insider buy, and 10 insider sales for $23.24 million activity. The insider Friedman Stacey sold 2,099 shares worth $214,019. 65,101 shares valued at $7.31 million were sold by Erdoes Mary E. on Saturday, January 13. Another trade for 48,344 shares valued at $5.43 million was sold by Petno Douglas B. 26,532 shares were sold by Scher Peter, worth $3.01 million on Friday, January 19. Shares for $425,399 were sold by Giles Nicole on Saturday, January 13. Shares for $1.84M were sold by BACON ASHLEY on Saturday, January 13.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It worsened, as 65 investors sold JPM shares while 767 reduced holdings. 125 funds opened positions while 635 raised stakes. 2.50 billion shares or 7.05% less from 2.69 billion shares in 2017Q2 were reported. Stearns Gru reported 0.38% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Vaughan Nelson Management LP owns 15,245 shares. Glg has 274,525 shares for 1.7% of their portfolio. Aviance Cap Prtnrs Ltd Liability Company reported 40,692 shares stake. Welch Cap Prtn Limited Co reported 17,230 shares or 0.55% of all its holdings. Weaver C Barksdale And Assoc owns 0.44% invested in JPMorgan Chase & Co. (NYSE:JPM) for 4,145 shares. New Vernon Inv Mgmt Ltd Company has 5,953 shares. Provise Mgmt Grp Ltd Liability Co has invested 0.51% in JPMorgan Chase & Co. (NYSE:JPM). Beach Management Limited Com holds 5.58% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 33,590 shares. Beacon Cap Mngmt Incorporated invested 0% in JPMorgan Chase & Co. (NYSE:JPM). Cadence Bank Na holds 53,255 shares. Tompkins Corporation stated it has 1.18% in JPMorgan Chase & Co. (NYSE:JPM). Acg Wealth owns 71,702 shares. Cibc Commercial Bank Usa reported 48,745 shares. Natixis holds 1.55M shares or 1.37% of its portfolio.

Private Asset Management Inc, which manages about $620.74 million US Long portfolio, upped its stake in Verizon Communications (NYSE:VZ) by 9,343 shares to 35,542 shares, valued at $1.76M in 2017Q3, according to the filing. It also increased its holding in Gilead Sciences Inc. (NASDAQ:GILD) by 23,555 shares in the quarter, for a total of 142,405 shares, and has risen its stake in Public Storage Inc. (NYSE:PSA).

Highvista Strategies Llc, which manages about $3.88 billion and $439.86M US Long portfolio, decreased its stake in Arch Cap Group Ltd (NASDAQ:ACGL) by 33,000 shares to 3,100 shares, valued at $305,000 in 2017Q3, according to the filing. It also reduced its holding in General Dynamics Corp (NYSE:GD) by 15,100 shares in the quarter, leaving it with 1,577 shares, and cut its stake in Yum China Hldgs Inc.

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.12, from 0.94 in 2017Q2. It increased, as 42 investors sold NOC shares while 273 reduced holdings. 92 funds opened positions while 242 raised stakes. 137.63 million shares or 0.84% less from 138.80 million shares in 2017Q2 were reported. Amp Investors holds 0.02% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 15,341 shares. Edgestream Partners Lp owns 7,154 shares for 1.1% of their portfolio. Amer Research Management has 0.01% invested in Northrop Grumman Corporation (NYSE:NOC) for 70 shares. Bb&T Secs Ltd Liability accumulated 0.03% or 7,147 shares. Dimensional Fund LP holds 500,418 shares or 0.06% of its portfolio. First Manhattan holds 0.03% or 15,340 shares in its portfolio. Horizon Investments Limited holds 4,918 shares or 0.07% of its portfolio. Fukoku Mutual Life Ins owns 1,200 shares for 0.05% of their portfolio. Korea Investment has 0.18% invested in Northrop Grumman Corporation (NYSE:NOC) for 134,516 shares. Bbva Compass Fincl Bank Incorporated holds 0.24% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 12,512 shares. Illinois-based First Midwest National Bank & Trust Trust Division has invested 0.18% in Northrop Grumman Corporation (NYSE:NOC). Wilbanks Smith Thomas Asset Management Limited has 0.1% invested in Northrop Grumman Corporation (NYSE:NOC) for 4,007 shares. Riverpoint Capital Mngmt Limited Liability, Ohio-based fund reported 2,590 shares. 516,622 were accumulated by Sumitomo Mitsui Holding Inc. Burns J W & Inc New York invested 0.07% in Northrop Grumman Corporation (NYSE:NOC).

Among 18 analysts covering Northrop Grumman (NYSE:NOC), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Northrop Grumman had 55 analyst reports since July 30, 2015 according to SRatingsIntel. Morgan Stanley maintained Northrop Grumman Corporation (NYSE:NOC) rating on Monday, November 13. Morgan Stanley has “Equal-Weight” rating and $319 target. RBC Capital Markets maintained it with “Outperform” rating and $222 target in Friday, January 29 report. Bank of America maintained Northrop Grumman Corporation (NYSE:NOC) on Friday, October 27 with “Buy” rating. The rating was downgraded by Jefferies to “Hold” on Thursday, January 12. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Buy” rating given on Wednesday, November 15 by RBC Capital Markets. Cowen & Co maintained Northrop Grumman Corporation (NYSE:NOC) rating on Wednesday, July 26. Cowen & Co has “Hold” rating and $27500 target. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Buy” rating given on Friday, January 26 by Robert W. Baird. The stock of Northrop Grumman Corporation (NYSE:NOC) has “Hold” rating given on Wednesday, August 23 by Cowen & Co. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by RBC Capital Markets on Tuesday, January 23. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Thursday, May 19 report.

Since August 1, 2017, it had 0 buys, and 1 insider sale for $1.88 million activity. Warden Kathy J sold $2.45M worth of stock. DAVIS LISA R sold $96,613 worth of stock or 367 shares. Jones Christopher T sold $329,063 worth of stock.

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