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Central Securities Has Trimmed Jpmorgan Chase & Co (JPM) Position; 3 Analysts Covering Neovasc Inc. (NVCN)

Neovasc Inc. (NASDAQ:NVCN) Logo

Central Securities Corp decreased Jpmorgan Chase & Co (JPM) stake by 10% reported in 2017Q4 SEC filing. Central Securities Corp sold 20,000 shares as Jpmorgan Chase & Co (JPM)’s stock rose 0.67%. The Central Securities Corp holds 180,000 shares with $19.25M value, down from 200,000 last quarter. Jpmorgan Chase & Co now has $379.55 billion valuation. The stock decreased 0.16% or $0.18 during the last trading session, reaching $111.29. About 6.07M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since April 23, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Among 4 analysts covering Neovasc (NASDAQ:NVCN), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Neovasc had 9 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Neovasc Inc. (NASDAQ:NVCN) earned “Buy” rating by Zacks on Wednesday, August 12. The stock of Neovasc Inc. (NASDAQ:NVCN) has “Market Outperform” rating given on Wednesday, October 7 by JMP Securities. The firm earned “Buy” rating on Tuesday, August 25 by Canaccord Genuity. The rating was downgraded by Zacks on Wednesday, August 26 to “Hold”. Canaccord Genuity maintained the shares of NVCN in report on Thursday, March 29 with “Buy” rating. Leerink Swann maintained the shares of NVCN in report on Thursday, March 29 with “Outperform” rating. The rating was downgraded by Ladenburg Thalmann on Friday, May 20 to “Neutral”. The stock has “Buy” rating by Ladenburg Thalmann on Thursday, December 10. See Neovasc Inc. (NASDAQ:NVCN) latest ratings:

29/03/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $1.05 New Target: $0.5 Maintain
29/03/2018 Broker: Leerink Swann Old Rating: Outperform New Rating: Outperform Old Target: $5 New Target: $2 Maintain
19/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $1.05

Neovasc Inc., a specialty medical device company, develops, makes, and markets cardiovascular devices worldwide. The company has market cap of $21.13 million. The Company’s products include the Tiara technology for the transcatheter treatment of mitral valve disease; and the Neovasc Reducer for the treatment of refractory angina. It currently has negative earnings. The firm also provides Peripatch biological tissue products that are used as components in third-party medical products, such as transcatheter heart valves for industry partners and other customers.

The stock decreased 4.29% or $0.0021 during the last trading session, reaching $0.0468. About 41.83M shares traded. Neovasc Inc. (NASDAQ:NVCN) has declined 92.17% since April 23, 2017 and is downtrending. It has underperformed by 103.72% the S&P500.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.22 EPS, up 21.98% or $0.40 from last year’s $1.82 per share. JPM’s profit will be $7.57 billion for 12.53 P/E if the $2.22 EPS becomes a reality. After $2.37 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -6.33% negative EPS growth.

Since October 25, 2017, it had 2 buys, and 8 insider sales for $20.12 million activity. Scher Peter sold $3.01M worth of JPMorgan Chase & Co. (NYSE:JPM) on Friday, January 19. Erdoes Mary E. sold $7.31 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. On Saturday, January 13 Giles Nicole sold $425,399 worth of JPMorgan Chase & Co. (NYSE:JPM) or 3,783 shares. $1.84 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by BACON ASHLEY on Saturday, January 13. On Wednesday, October 25 Friedman Stacey sold $214,019 worth of JPMorgan Chase & Co. (NYSE:JPM) or 2,099 shares. $1.03M worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Lake Marianne. HOBSON MELLODY L bought $2.00M worth of stock or 18,000 shares.

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 119 analyst reports since July 21, 2015 according to SRatingsIntel. Nomura maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, April 13 with “Hold” rating. Sandler O’Neill downgraded the shares of JPM in report on Thursday, October 6 to “Hold” rating. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Tuesday, January 17. The firm has “Buy” rating by Credit Suisse given on Monday, October 9. BMO Capital Markets maintained the stock with “Hold” rating in Friday, April 13 report. Argus Research maintained the stock with “Buy” rating in Friday, January 15 report. On Monday, January 18 the stock rating was maintained by UBS with “Neutral”. Morgan Stanley maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Wednesday, February 21. Morgan Stanley has “Overweight” rating and $136 target. On Friday, July 7 the stock rating was maintained by Jefferies with “Buy”. Robert W. Baird maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Wednesday, November 15. Robert W. Baird has “Hold” rating and $92.0 target.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.03, from 0.91 in 2017Q3. It dropped, as 55 investors sold JPM shares while 802 reduced holdings. 142 funds opened positions while 611 raised stakes. 2.46 billion shares or 1.60% less from 2.50 billion shares in 2017Q3 were reported. Trust Of Oklahoma owns 3,100 shares or 0.15% of their US portfolio. Nordea Management Ab reported 5.94M shares. Maryland Mgmt invested 0.53% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). 1.03M are held by Stewart West Indies Trading Co Limited. Tributary Cap Mngmt Limited reported 0.14% stake. Schwab Charles Inv Mngmt reported 1.08% in JPMorgan Chase & Co. (NYSE:JPM). Baker Avenue Asset Management LP stated it has 57,434 shares. Lau Assocs Ltd Liability Company, Delaware-based fund reported 14,239 shares. Moreover, Piedmont Inv Advisors Llc has 1.62% invested in JPMorgan Chase & Co. (NYSE:JPM) for 751,866 shares. 69,699 were reported by Hendley Com Incorporated. Moreover, Great West Life Assurance Com Can has 0.95% invested in JPMorgan Chase & Co. (NYSE:JPM) for 3.76 million shares. Kings Point Capital Mngmt reported 40,971 shares. Anderson Hoagland & owns 83,606 shares or 5.26% of their US portfolio. Bell Bank & Trust owns 5,634 shares. Kanawha Mngmt Lc accumulated 114,758 shares or 1.8% of the stock.

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

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