Stevens Capital Management LP Holding in Wpx Energy (WPX) Has Cut as Market Valuation Declined; Welch & Forbes Holds Stake in Jpmorgan Chase & Co (JPM)

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Stevens Capital Management Lp decreased its stake in Wpx Energy Inc (WPX) by 22.66% based on its latest 2018Q3 regulatory filing with the SEC. Stevens Capital Management Lp sold 31,716 shares as the company’s stock declined 26.26% with the market. The hedge fund held 108,239 shares of the energy company at the end of 2018Q3, valued at $2.18M, down from 139,955 at the end of the previous reported quarter. Stevens Capital Management Lp who had been investing in Wpx Energy Inc for a number of months, seems to be less bullish one the $5.35 billion market cap company. The stock decreased 0.89% or $0.12 during the last trading session, reaching $12.73. About 4.82M shares traded. WPX Energy, Inc. (NYSE:WPX) has risen 0.87% since January 14, 2018 and is uptrending. It has outperformed by 0.87% the S&P500. Some Historical WPX News: 02/04/2018 – WPX Energy Closes Below 50-Day Moving Average: Technicals; 20/04/2018 – WPX ENERGY – ENTERED SECOND AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND FIRST AMENDMENT TO GUARANTY AND COLLATERAL AGREEMENT; 02/05/2018 – WPX Energy 1Q Loss $115M; 21/03/2018 – WPX Energy Closes Above 50-Day Moving Average: Technicals; 23/05/2018 – WPX Energy: As of 5 P.M. ET Tuesday, $548.6M Aggregate Principal Amount of 2022 Notes, $40.8M Aggregate Principal Amount of 2023 Notes Were Validly Tendered; 17/04/2018 – WPX Energy: $628.4 M Aggregate Principal Amount of the 2022 Notes Were Validly Tendered; 21/05/2018 – WPX ENERGY INC WPX.N : SIMMONS RAISES TARGET PRICE TO $22 FROM $18; 17/04/2018 – WPX ENERGY REPORTS EARLY RESULTS OF CASH TENDER OFFERS; 09/05/2018 – WPX ENERGY – COMMENCED UNDERWRITTEN PUBLIC OFFERING OF $400 MLN OF SENIOR UNSECURED NOTES DUE 2026; 17/04/2018 – WPX ENERGY SAYS $328.7M 2020 NOTES VALIDLY TENDERED

Welch & Forbes Llc increased its stake in Jpmorgan Chase & Co (JPM) by 0.89% based on its latest 2018Q3 regulatory filing with the SEC. Welch & Forbes Llc bought 5,396 shares as the company’s stock declined 10.86% with the market. The institutional investor held 609,546 shares of the major banks company at the end of 2018Q3, valued at $68.78M, up from 604,150 at the end of the previous reported quarter. Welch & Forbes Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $334.67 billion market cap company. The stock increased 0.74% or $0.74 during the last trading session, reaching $100.65. About 10.36M 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: 20/03/2018 – BRISTOL-MYERS SQUIBB CO BMY.N : JP MORGAN RAISES TARGET PRICE TO $75 FROM $70; 16/04/2018 – JPMorgan’s Kelly Says $70 Oil May Be as High as It Gets (Video); 21/05/2018 – Bond Market Finally Breaking Down, Says JPM’s Michele (Video); 14/05/2018 – GoPro Presenting at JPMorgan Conference Tomorrow; 16/05/2018 – Deutsche Bank Hires JPMorgan’s Khan to Run EMEA Fintech Coverage; 16/04/2018 – LAUNCH: JPMorgan $4.5b Debt Offering in Three Parts; 16/05/2018 – ANGI Homeservices Presenting at JPMorgan Conference Tomorrow; 27/04/2018 – SOUTHWESTERN ENERGY – ON APRIL 26, CO ENTERED INTO A CREDIT AGREEMENT WITH VARIOUS LENDERS & JPMORGAN CHASE BANK N.A. AS ADMINISTRATIVE AGENT & LENDER; 15/05/2018 – JPMORGAN SAYS ALL PROPOSALS BY SHAREHOLDERS WERE REJECTED; 27/03/2018 – WYNN RESORTS LTD WYNN.O : JP MORGAN RAISES TARGET PRICE TO $214 FROM $196

Investors sentiment increased to 1.18 in Q3 2018. Its up 0.19, from 0.99 in 2018Q2. It increased, as 28 investors sold WPX shares while 109 reduced holdings. 68 funds opened positions while 93 raised stakes. 384.07 million shares or 0.78% more from 381.11 million shares in 2018Q2 were reported. Oregon Public Employees Retirement Fund reported 155,417 shares stake. Strs Ohio holds 16,286 shares or 0% of its portfolio. Amundi Pioneer Asset, Massachusetts-based fund reported 28,038 shares. Commonwealth Bancshares Of invested in 4,300 shares. Segall Bryant & Hamill Ltd Llc holds 0% or 13,973 shares in its portfolio. Moreover, Goodhaven Management has 14.24% invested in WPX Energy, Inc. (NYSE:WPX). Gagnon Limited Liability invested in 277,231 shares. 111 are owned by Barrett Asset Mngmt Ltd Liability Corp. 1.65 million were accumulated by Scout. Arizona State Retirement Sys reported 280,337 shares. Sir Mgmt Lp accumulated 1.01M shares. Liberty Mutual Gru Asset Mgmt Inc owns 79,578 shares. Moreover, Public Employees Retirement Association Of Colorado has 0.01% invested in WPX Energy, Inc. (NYSE:WPX). 12,546 were accumulated by Private Advisor Gru Ltd Llc. Connor Clark And Lunn Investment holds 0.09% or 800,400 shares.

Analysts await WPX Energy, Inc. (NYSE:WPX) to report earnings on February, 20. They expect $0.08 earnings per share, up 500.00% or $0.10 from last year’s $-0.02 per share. WPX’s profit will be $33.63 million for 39.78 P/E if the $0.08 EPS becomes a reality. After $0.07 actual earnings per share reported by WPX Energy, Inc. for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Stevens Capital Management Lp, which manages about $6.88B and $2.74 billion US Long portfolio, upped its stake in Peabody Energy Corp New by 15,697 shares to 28,716 shares, valued at $1.02M in 2018Q3, according to the filing. It also increased its holding in Eversource Energy by 17,676 shares in the quarter, for a total of 82,549 shares, and has risen its stake in Thomson Reuters Corp (NYSE:TRI).

Since November 8, 2018, it had 0 insider purchases, and 1 sale for $16 activity.

Among 39 analysts covering WPX Energy (NYSE:WPX), 36 have Buy rating, 0 Sell and 3 Hold. Therefore 92% are positive. WPX Energy had 137 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America maintained WPX Energy, Inc. (NYSE:WPX) rating on Tuesday, November 14. Bank of America has “Buy” rating and $17 target. Citigroup maintained WPX Energy, Inc. (NYSE:WPX) rating on Friday, October 13. Citigroup has “Neutral” rating and $13 target. The firm has “Hold” rating by Deutsche Bank given on Friday, March 11. Robert W. Baird maintained WPX Energy, Inc. (NYSE:WPX) on Tuesday, February 6 with “Buy” rating. The rating was maintained by Imperial Capital with “Outperform” on Thursday, February 18. Barclays Capital maintained the shares of WPX in report on Thursday, July 14 with “Underweight” rating. The rating was initiated by Cowen & Co on Wednesday, December 9 with “Market Perform”. The firm has “Buy” rating given on Monday, January 29 by Stifel Nicolaus. Cowen & Co maintained it with “Buy” rating and $18.0 target in Thursday, January 18 report. The company was maintained on Monday, August 21 by Northland Capital.

Investors sentiment decreased to 0.95 in Q3 2018. Its down 0.04, from 0.99 in 2018Q2. It is negative, 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. Perigon Wealth Mngmt Ltd Liability Corporation reported 1.16% in JPMorgan Chase & Co. (NYSE:JPM). Bender Robert Associate owns 0.22% invested in JPMorgan Chase & Co. (NYSE:JPM) for 4,274 shares. The Massachusetts-based Cohen Lawrence B has invested 2.52% in JPMorgan Chase & Co. (NYSE:JPM). Bnp Paribas Arbitrage reported 3.50M shares. Buffington Mohr Mcneal holds 50,864 shares. Adams Diversified Equity Fund invested 1.79% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Rudman Errol M reported 55,000 shares. 2.44M were reported by Pub Employees Retirement Association Of Colorado. Marshwinds Advisory Com accumulated 0.19% or 3,687 shares. First Comml Bank accumulated 1.16% or 149,927 shares. Moreover, Blair William And Il has 0.96% invested in JPMorgan Chase & Co. (NYSE:JPM). Gateway Invest Advisers Limited Liability Corp holds 1.73% or 1.83M shares in its portfolio. Opus Inv Mngmt, Massachusetts-based fund reported 25,300 shares. Advsrs Capital has invested 1.32% in JPMorgan Chase & Co. (NYSE:JPM). First Bank Of Omaha accumulated 310,475 shares.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Bizjournals.com which released: “Bank Notes: Navient tops consumer complaint list among student loan servicers – Philadelphia Business Journal” on January 14, 2019, also Bizjournals.com with their article: “JPMorgan’s Jamie Dimon has big expansion plans. Here are the U.S. cities in his crosshairs – Boston Business Journal” published on December 20, 2018, 247Wallst.com published: “What to Watch For From the Major Banks Reporting This Week – 24/7 Wall St.” on January 13, 2019. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Benzinga.com and their article: “J P Morgan Chase & Co (NYSE:JPM) – 2018 Was Bittersweet For Bitcoin: Focus On JPMorgan’s View Of BTC Futures On CBOE, CME – Benzinga” published on December 31, 2018 as well as Benzinga.com‘s news article titled: “Citigroup Inc. (NYSE:C), Amazon.com, Inc. (NASDAQ:AMZN) – After Strong Week, Market Comes Under Pressure From China As Earnings Begin – Benzinga” with publication date: January 14, 2019.

Welch & Forbes Llc, which manages about $3.95B and $4.20 billion US Long portfolio, decreased its stake in Hain Celestial Group Inc (NASDAQ:HAIN) by 19,245 shares to 226,398 shares, valued at $6.14 million in 2018Q3, according to the filing. It also reduced its holding in Novartis A G (NYSE:NVS) by 17,049 shares in the quarter, leaving it with 93,082 shares, and cut its stake in Dentsply Sirona Inc.

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 company was maintained on Thursday, August 10 by Wells Fargo. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by Credit Suisse on Wednesday, January 24. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Monday, August 17 by Bruyette & Woods”. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Wednesday, October 11 by Keefe Bruyette & Woods. On Monday, July 17 the stock rating was maintained by RBC Capital Markets with “Buy”. KBW upgraded the shares of JPM in report on Monday, August 17 to “Outperform” rating. The firm has “Hold” rating given on Wednesday, August 23 by BMO Capital Markets. The firm has “Buy” rating given on Thursday, April 12 by Credit Suisse. Jefferies downgraded the stock to “Hold” rating in Tuesday, January 8 report. As per Friday, December 7, the company rating was maintained by Credit Suisse.

WPX Energy, Inc. (NYSE:WPX) Institutional Positions Chart

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