Market News

Kings Point Capital Management Upped Its Jp Morgan Chase & Co Com (JPM) Position; Altra Industrial Motion (AIMC) Sentiment Is 1.3

Kings Point Capital Management increased Jp Morgan Chase & Co Com (JPM) stake by 13.46% reported in 2017Q3 SEC filing. Kings Point Capital Management acquired 4,808 shares as Jp Morgan Chase & Co Com (JPM)’s stock declined 6.04%. The Kings Point Capital Management holds 40,521 shares with $3.87M value, up from 35,713 last quarter. Jp Morgan Chase & Co Com now has $397.01B valuation. The stock increased 1.05% or $1.21 during the last trading session, reaching $115.92. About 11.07 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 21, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company has market cap of $1.29 billion. The firm operates through three divisions: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It has a 30.76 P/E ratio. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, gas and oil, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, gas and oil drilling platforms, mining, material handling, marine, and wind turbine applications.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It dropped, 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. Patten & Patten Tn holds 124,162 shares or 1.25% of its portfolio. Palo Capital Incorporated has invested 0.46% in JPMorgan Chase & Co. (NYSE:JPM). Smead Mgmt reported 1.24M shares stake. Kopp Investment reported 0.85% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Coastline Co holds 0.32% or 19,339 shares in its portfolio. Symphony Asset Management Ltd Liability Corporation holds 23,573 shares. Whittier Trust holds 567,848 shares or 1.98% of its portfolio. Df Dent & stated it has 0.01% in JPMorgan Chase & Co. (NYSE:JPM). Aspen Invest, Michigan-based fund reported 16,003 shares. Columbia Asset Mngmt reported 36,760 shares stake. The Georgia-based Zwj Invest Counsel Incorporated has invested 2.39% in JPMorgan Chase & Co. (NYSE:JPM). Aperio Grp Ltd has 1.88M shares for 1.02% of their portfolio. Granite Invest Partners Ltd holds 28,576 shares. Clearbridge Limited Liability Com holds 0% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 1,785 shares. Villere St Denis J Ltd Company reported 142,615 shares.

Since October 25, 2017, it had 1 buying transaction, and 9 selling transactions for $22.34 million activity. $1.03 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Lake Marianne. The insider Friedman Stacey sold 2,099 shares worth $214,019. Shares for $3.01 million were sold by Scher Peter on Friday, January 19. 48,344 shares were sold by Petno Douglas B, worth $5.43 million. CROWN JAMES S had bought 7,280 shares worth $825,327 on Tuesday, January 16. On Saturday, January 13 BACON ASHLEY sold $1.84 million worth of JPMorgan Chase & Co. (NYSE:JPM) or 16,434 shares. 3,783 shares were sold by Giles Nicole, worth $425,399.

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. JPMorgan Chase & Co had 110 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, April 26 by Guggenheim. BMO Capital Markets maintained the shares of JPM in report on Friday, October 13 with “Market Perform” rating. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, August 23. Keefe Bruyette & Woods maintained the shares of JPM in report on Tuesday, December 12 with “Hold” rating. Bank of America maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, October 13 with “Buy” rating. Morgan Stanley maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, February 2 with “Overweight” rating. The firm earned “Neutral” rating on Friday, September 9 by Macquarie Research. The firm has “Neutral” rating by Buckingham Research given on Monday, October 17. As per Wednesday, January 11, the company rating was reinitiated by UBS. The rating was downgraded by Credit Suisse to “Hold” on Thursday, January 11.

Since January 1, 0001, it had 0 insider purchases, and 5 insider sales for $2.10 million activity.

Spitfire Capital Llc holds 4.31% of its portfolio in Altra Industrial Motion Corp. for 214,587 shares. Rk Capital Management Llc owns 224,545 shares or 2.52% of their US portfolio. Moreover, Alphaone Investment Services Llc has 1.24% invested in the company for 96,918 shares. The Massachusetts-based Eagle Boston Investment Management Inc has invested 1.04% in the stock. Aristotle Capital Boston Llc, a Massachusetts-based fund reported 219,138 shares.

Leave a Reply

Your email address will not be published. Required fields are marked *