Federated Investors Decreased E Trade Financial (ETFC) Holding as Market Valuation Declined; Jones Financial Companies Lllp Increased Position in Jp Morgan Chase & Co (JPM) by $906,976 as Stock Declined

E*TRADE Financial Corporation (NASDAQ:ETFC) Logo

Jones Financial Companies Lllp increased its stake in Jp Morgan Chase & Co (JPM) by 10.27% based on its latest 2018Q3 regulatory filing with the SEC. Jones Financial Companies Lllp bought 8,098 shares as the company’s stock declined 10.86% with the market. The institutional investor held 86,920 shares of the major banks company at the end of 2018Q3, valued at $9.81 million, up from 78,822 at the end of the previous reported quarter. Jones Financial Companies Lllp who had been investing in Jp Morgan Chase & Co for a number of months, seems to be bullish on the $335.45 billion market cap company. The stock increased 0.98% or $0.98 during the last trading session, reaching $100.89. About 9.57M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has declined 3.12% since January 14, 2018 and is downtrending. It has underperformed by 3.12% the S&P500. Some Historical JPM News: 05/04/2018 – JPMORGAN GLOBAL MARCH COMPOSITE PMI AT 53.3 VS 54.8 LAST MONTH; 07/05/2018 – WEX Presenting at JPMorgan Conference May 15; 13/04/2018 – JPMORGAN CHASE & CO – QTRLY FIXED INCOME MARKETS REVENUE REFLECTED STRONG PERFORMANCE IN CURRENCIES & EMERGING MARKETS AND COMMODITIES; 15/05/2018 – Green Dot Presenting at JPMorgan Conference Tomorrow; 13/04/2018 – JPMorgan Chase 1Q Provision for Credit Losses $1.165B; 15/05/2018 – AT&T Chief Executive Officer Provides an Update at JP Morgan Conference; 09/05/2018 – SHELL RDSb.L : JP MORGAN RAISES TARGET PRICE TO 3000P FROM 2950P; 21/05/2018 – Cimarex Presenting at JP Morgan Energy Bus Tour Tomorrow; 20/04/2018 – JPMorgan is considering spinning off Quorum because the technology has attracted significant outside interest; 14/03/2018 – JPMorgan Questions GE Profit Guidance (Video)

Federated Investors Inc decreased its stake in E Trade Financial Corp (ETFC) by 89.47% based on its latest 2018Q3 regulatory filing with the SEC. Federated Investors Inc sold 187,569 shares as the company’s stock declined 17.58% with the market. The institutional investor held 22,067 shares of the savings institutions company at the end of 2018Q3, valued at $1.16M, down from 209,636 at the end of the previous reported quarter. Federated Investors Inc who had been investing in E Trade Financial Corp for a number of months, seems to be less bullish one the $12.17 billion market cap company. It closed at $47.88 lastly. It is down 9.49% since January 14, 2018 and is downtrending. It has underperformed by 9.49% the S&P500. Some Historical ETFC News: 14/03/2018 – E*Trade Feb Net New Brokerage Assets $2.0B; 14/05/2018 – E*TRADE Financial Corporation Reports Monthly Activity for April 2018; 05/04/2018 – Moody’s: E*TRADE Benefits From Strategy to Expand Balance Sheet – Funded With Cash Sweep Deposits; 20/04/2018 – E*TRADE FINANCIAL CORP ETFC.O : NOMURA RAISES TARGET PRICE TO $65 FROM $63; 05/04/2018 – E*TRADE RAISED TO Baa2 FROM Baa3 BY MOODY’S; 19/04/2018 – E*Trade 1Q Net $247M; 19/04/2018 – E*TRADE 1Q TOTAL NET REV $708M, EST. $688.2M; 21/03/2018 – E*TRADE Brings New Technology to Futures Traders with Launch of Mobile Ladder; 20/04/2018 – DJ E*TRADE Financial Corporation, Inst Holders, 1Q 2018 (ETFC); 14/05/2018 – E*TRADE Fincl Corp Reports Monthly Activity for April 2018

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 127 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Thursday, April 14 by BMO Capital Markets. Bruyette & Woods” upgraded the stock to “Outperform” rating in Monday, August 17 report. Keefe Bruyette & Woods maintained it with “Hold” rating and $100.0 target in Tuesday, October 3 report. The rating was downgraded by Robert W. Baird on Wednesday, November 9 to “Neutral”. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by Jefferies on Friday, September 15. The rating was maintained by Morgan Stanley with “Overweight” on Friday, February 2. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Tuesday, August 25 by Credit Agricole. Citigroup maintained the stock with “Neutral” rating in Friday, October 6 report. The firm has “Outperform” rating given on Thursday, August 10 by Wells Fargo.

Jones Financial Companies Lllp, which manages about $44.71 billion US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 7,315 shares to 32,272 shares, valued at $2.74M in 2018Q3, according to the filing. It also reduced its holding in Ishares Russell 1000 Growth (IWF) by 1.20 million shares in the quarter, leaving it with 215,595 shares, and cut its stake in Synchrony Financial (NYSE:SYF).

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Streetinsider.com which released: “Wall Street drops after China data, Citi results – StreetInsider.com” on January 14, 2019, also Streetinsider.com with their article: “Exclusive: PG&E talking to banks on multibillion dollar bankruptcy financing – sources – StreetInsider.com” published on January 13, 2019, Seekingalpha.com published: “JPMorgan: Lovely Quarter, Investors Disagree – Seeking Alpha” on October 14, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “How Have 2019 EPS Estimates Changed For Top 10 S&P 500 Weights? – Seeking Alpha” published on January 14, 2019 as well as Seekingalpha.com‘s news article titled: “Chase freshens consumer website with new tools – Seeking Alpha” with publication date: January 07, 2019.

Investors sentiment decreased to 0.95 in 2018 Q3. Its down 0.04, from 0.99 in 2018Q2. It dived, as 37 investors sold JPM shares while 755 reduced holdings. 124 funds opened positions while 628 raised stakes. 2.32 billion shares or 1.12% less from 2.34 billion shares in 2018Q2 were reported. Meiji Yasuda Asset Management Communications Limited invested in 166,952 shares. Confluence Wealth Mngmt Ltd Liability Corporation owns 15,334 shares for 0.9% of their portfolio. Moreover, Capwealth Ltd Liability Com has 1.01% invested in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Quinn Opportunity Llc has 1.05% invested in JPMorgan Chase & Co. (NYSE:JPM). M Kraus Company has 0.3% invested in JPMorgan Chase & Co. (NYSE:JPM). Clifford Swan Inv Counsel Limited Liability Corporation owns 222,470 shares for 1.31% of their portfolio. Redwood Mgmt Limited Liability has invested 2.42% in JPMorgan Chase & Co. (NYSE:JPM). First Western Mngmt Company holds 7,595 shares or 3.85% of its portfolio. North Point Managers Corp Oh invested in 2,748 shares or 0.05% of the stock. The Illinois-based Gofen Glossberg Llc Il has invested 3.12% in JPMorgan Chase & Co. (NYSE:JPM). Bokf Na holds 366,428 shares. Alexandria Capital Lc owns 101,440 shares or 1.68% of their US portfolio. 182,407 were reported by Chesley Taft And Assoc Lc. Ogorek Anthony Joseph New York Adv holds 0.05% or 572 shares. Augustine Asset Inc holds 42,926 shares or 2.68% of its portfolio.

Since July 23, 2018, it had 1 buy, and 1 insider sale for $3.38 million activity. 30,725 JPMorgan Chase & Co. (NYSE:JPM) shares with value of $3.50 million were sold by Smith Gordon.

Federated Investors Inc, which manages about $42.88 billion US Long portfolio, upped its stake in Autozone Inc (NYSE:AZO) by 23,361 shares to 47,926 shares, valued at $37.18M in 2018Q3, according to the filing. It also increased its holding in Invesco Ltd (NYSE:IVZ) by 2.71 million shares in the quarter, for a total of 5.09M shares, and has risen its stake in Casella Waste Sys Inc (NASDAQ:CWST).

Among 24 analysts covering E*TRADE (NASDAQ:ETFC), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. E*TRADE had 126 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Hold” rating by Standpoint Research on Sunday, August 9. The firm earned “Hold” rating on Thursday, January 25 by Jefferies. The rating was maintained by Keefe Bruyette & Woods on Wednesday, January 10 with “Hold”. Barclays Capital maintained it with “Overweight” rating and $49 target in Tuesday, October 10 report. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, January 30. The firm has “Overweight” rating given on Tuesday, October 9 by Morgan Stanley. The firm has “Buy” rating by Keefe Bruyette & Woods given on Wednesday, April 11. The firm has “Overweight” rating given on Thursday, October 8 by Barclays Capital. Morgan Stanley initiated the shares of ETFC in report on Monday, September 26 with “Equal-Weight” rating. Credit Suisse maintained the stock with “Outperform” rating in Monday, February 22 report.

Analysts await E*TRADE Financial Corporation (NASDAQ:ETFC) to report earnings on January, 24. They expect $1.03 EPS, up 60.94% or $0.39 from last year’s $0.64 per share. ETFC’s profit will be $261.82 million for 11.62 P/E if the $1.03 EPS becomes a reality. After $1.00 actual EPS reported by E*TRADE Financial Corporation for the previous quarter, Wall Street now forecasts 3.00% EPS growth.

Since November 2, 2018, it had 5 insider purchases, and 0 insider sales for $1.66 million activity. Healy James P had bought 5,000 shares worth $226,791 on Tuesday, December 11. On Friday, November 2 LAWSON RODGER A bought $512,650 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) or 10,000 shares. 10,000 shares valued at $516,735 were bought by Pizzi Michael A. on Friday, November 2. 5,725 shares were bought by WEINREICH JOSHUA, worth $299,588.

Investors sentiment decreased to 0.74 in Q3 2018. Its down 0.36, from 1.1 in 2018Q2. It turned negative, as 55 investors sold ETFC shares while 192 reduced holdings. 70 funds opened positions while 112 raised stakes. 230.48 million shares or 0.61% less from 231.91 million shares in 2018Q2 were reported. Verition Fund Management Limited Liability Corp holds 75,175 shares. Calamos Lc has 0.47% invested in E*TRADE Financial Corporation (NASDAQ:ETFC). Ny State Common Retirement Fund invested in 525,800 shares. Howe And Rusling stated it has 0% in E*TRADE Financial Corporation (NASDAQ:ETFC). Moreover, Cibc World Inc has 0% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 15,597 shares. Washington Financial Bank reported 46,270 shares. Parallax Volatility Advisers Limited Partnership stated it has 0% in E*TRADE Financial Corporation (NASDAQ:ETFC). 103,151 are owned by Trexquant Limited Partnership. Vanguard Grp holds 0.06% or 28.45 million shares in its portfolio. Sector Pension Inv Board owns 279,165 shares or 0.1% of their US portfolio. California State Teachers Retirement Sys invested in 0.04% or 425,771 shares. Panagora Asset Management owns 652,607 shares or 0.13% of their US portfolio. Andra Ap stated it has 0.17% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Campbell And Inv Adviser Lc invested in 13,207 shares. Moreover, Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma has 0% invested in E*TRADE Financial Corporation (NASDAQ:ETFC).

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

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