Jpmorgan Chase Co (JPM) Holding Maintained by California Public Employees Retirement System

July 27, 2018 - By Mary Kidd

JPMorgan Chase & Co. (NYSE:JPM) LogoInvestors sentiment decreased to 0.81 in Q1 2018. Its down 0.07, from 0.88 in 2017Q4. It worsened, 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. Moreover, Hallmark Capital Mgmt Incorporated has 0.43% invested in JPMorgan Chase & Co. (NYSE:JPM). Kenmare Capital Prtnrs holds 3.53% or 29,922 shares. Exane Derivatives stated it has 5,155 shares or 0% of all its holdings. Northeast Financial Consultants Inc reported 14,996 shares or 0.55% of all its holdings. Peregrine Asset Advisers has invested 0.4% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). 1.95M were accumulated by Gateway Investment Advisers Llc. Fiera Capital Corp accumulated 605,977 shares. Signature Financial stated it has 0.38% in JPMorgan Chase & Co. (NYSE:JPM). Tiger Eye Lc reported 4.68% stake. Griffin Asset Mngmt holds 1.29% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 64,264 shares. 59,571 are held by Schnieders Mngmt Ltd Liability Corp. Fort Point Ptnrs Limited Liability invested 0.32% in JPMorgan Chase & Co. (NYSE:JPM). Hanson Mcclain Inc owns 3,443 shares. X Management Company Limited Liability Corporation stated it has 0.08% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Brown Brothers Harriman & accumulated 0.02% or 35,907 shares.

Since April 16, 2018, it had 2 insider buys, and 1 insider sale for $14,319 activity. Another trade for 13,000 shares valued at $1.49M was made by Combs Todd A. on Monday, May 14. Shares for $2.00 million were bought by HOBSON MELLODY L on Monday, April 16.

California Public Employees Retirement System increased its stake in Jpmorgan Chase Co (JPM) by 0.47% based on its latest 2018Q1 regulatory filing with the SEC. California Public Employees Retirement System bought 44,527 shares as the company’s stock declined 6.83% with the market. The institutional investor held 9.43M shares of the major banks company at the end of 2018Q1, valued at $1.04B, up from 9.39M at the end of the previous reported quarter. California Public Employees Retirement System who had been investing in Jpmorgan Chase Co for a number of months, seems to be bullish on the $385.95 billion market cap company. The stock decreased 0.29% or $0.33 during the last trading session, reaching $114.85. About 11.90 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since July 27, 2017 and is uptrending. It has outperformed by 17.08% the S&P500.

California Public Employees Retirement System, which manages about $70.22B US Long portfolio, decreased its stake in Intl Business Machines Corp (NYSE:IBM) by 111,932 shares to 2.30M shares, valued at $352.46 million in 2018Q1, according to the filing. It also reduced its holding in Herbalife Ltd (NYSE:HLF) by 119,428 shares in the quarter, leaving it with 164,103 shares, and cut its stake in Cme Group Inc (NASDAQ:CME).

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Streetinsider.com which released: “JPMorgan (JPM), Morgan Stanley (MS) to advise on Saudi Aramco’s potential purchase of a stake in SABIC – Reuters” on July 23, 2018, also Bizjournals.com with their article: “Grubhub to acquire Boston-based LevelUp for $390M” published on July 25, 2018, Seekingalpha.com published: “JPMorgan: Leading The Pack” on July 18, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “Scotts Miracle-Gro Deserves To Be Lower – Cramer’s Lightning Round (7/24/18)” published on July 25, 2018 as well as Seekingalpha.com‘s news article titled: “Morgan Stanley Is Building A Strong Case” with publication date: July 23, 2018.

JPMorgan Chase & Co. (NYSE:JPM) Ratings Coverage

Among 8 analysts covering JPMorgan Chase (NYSE:JPM), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. JPMorgan Chase has $136 highest and $11000 lowest target. $122.57’s average target is 6.72% above currents $114.85 stock price. JPMorgan Chase had 14 analyst reports since February 2, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Nomura on Wednesday, February 28. The stock has “Buy” rating by Credit Suisse on Thursday, April 12. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, April 13. BMO Capital Markets has “Hold” rating and $11000 target. The rating was maintained by BMO Capital Markets on Wednesday, February 28 with “Market Perform”. As per Monday, March 19, the company rating was maintained by Credit Suisse. Morgan Stanley maintained the stock with “Overweight” rating in Monday, April 30 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Nomura on Friday, April 13. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, February 13. Jefferies maintained JPMorgan Chase & Co. (NYSE:JPM) on Sunday, April 15 with “Buy” rating. The firm has “Overweight” rating given on Friday, February 2 by Morgan Stanley.

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

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.