Menta Capital Lifted Position in Sohu Com (SOHU) as Stock Value Rose; As Jpmorgan Chase & Co (JPM) Stock Price Declined, New Jersey Better Educational Savings Trust Has Lowered by $327,000 Its Holding

June 14, 2018 - By Adrian Erickson

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Menta Capital Llc increased its stake in Sohu Com Inc (SOHU) by 196.87% based on its latest 2018Q1 regulatory filing with the SEC. Menta Capital Llc bought 38,794 shares as the company’s stock rose 7.97% while stock markets declined. The hedge fund held 58,499 shares of the edp services company at the end of 2018Q1, valued at $1.81 million, up from 19,705 at the end of the previous reported quarter. Menta Capital Llc who had been investing in Sohu Com Inc for a number of months, seems to be bullish on the $1.58 billion market cap company. The stock increased 2.57% or $1.02 during the last trading session, reaching $40.73. About 289,792 shares traded. Sohu.com Limited (NASDAQ:SOHU) has declined 19.82% since June 14, 2017 and is downtrending. It has underperformed by 32.39% the S&P500. Some Historical SOHU News: 29/05/2018 – Sohu.com Stockholders Approved a Proposal for the Dissolution of Sohu Delaware; 16/04/2018 – SOHU.COM INC – ALSO ON APRIL 11, 2018, CO MADE AN INITIAL DRAWDOWN OF RMB400 MLN (OR ABOUT US$63.58 MLN) UNDER CMB LOAN; 02/04/2018 – SOHU.COM TO CALL SPECIAL HOLDERS’ MTG TO APPROVE LIQUIDATION; 25/04/2018 – Sohu.com 1Q Loss/Shr $2.39; 14/05/2018 – Arrowstreet Cap Limited Partner Exits Position in Sohu; 25/04/2018 – SOHU.COM INC- QTRLY DILUTED NET LOSS PER SHARE ATTRIBUTABLE TO SOHU.COM INC. $ 2.39; 16/05/2018 – Sohu.com Inc. Chmn and CEO Issues Letter to Stockholders Regarding Special Meeting; 16/05/2018 – Sohu.com Inc. Chairman and CEO Issues Letter to Stockholders Regarding Special Meeting; 25/04/2018 – Sohu.com Sees 2Q Rev $485M-$510M; 05/04/2018 – Sohu.com’s Majority-Owned Subsidiary Changyou.com Announces Special Cash Dividend of US$9.40 per ADS

New Jersey Better Educational Savings Trust decreased its stake in Jpmorgan Chase & Co (JPM) by 12.5% based on its latest 2018Q1 regulatory filing with the SEC. New Jersey Better Educational Savings Trust sold 3,000 shares as the company’s stock declined 6.83% with the market. The institutional investor held 21,000 shares of the major banks company at the end of 2018Q1, valued at $2.31 million, down from 24,000 at the end of the previous reported quarter. New Jersey Better Educational Savings Trust who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $368.30B market cap company. The stock decreased 1.62% or $1.79 during the last trading session, reaching $108.18. About 14.34 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since June 14, 2017 and is uptrending. It has outperformed by 17.08% the S&P500. Some Historical JPM News: 09/05/2018 – GODADDY INC GDDY.N : JP MORGAN RAISES TARGET PRICE TO $67 FROM $60; 09/05/2018 – Funko Presenting at JPMorgan Conference May 17; 10/04/2018 – EDISON INTERNATIONAL EIX.N : JP MORGAN RAISES TARGET PRICE TO $66 FROM $64; 10/05/2018 – Advanced Energy to Attend JP Morgan Global TMC Conference; 05/04/2018 – ETF Daily News: $TLT JPMorgan Chase CEO Jamie Dimon said many people underestimate the possibility of higher inflation and; 14/05/2018 – WWE Presenting at JPMorgan Conference Tomorrow; 30/04/2018 – Fidelity Mega Cap Exits Kroger, Cuts JPMorgan; 13/04/2018 – JP Morgan Chase, Citigroup, Wells Faro and PNC all saw share prices fall; 29/05/2018 – JPMORGAN CHASE & CO JPM.N CORPORATE & INVESTMENT BANK CHIEF DANIEL PINTO SPEAKS AT INVESTOR CONFERENCE; 16/05/2018 – Mimecast Presenting at JPMorgan Conference Tomorrow

Investors sentiment decreased to 1.39 in 2018 Q1. Its down 0.30, from 1.69 in 2017Q4. It dived, as 17 investors sold SOHU shares while 21 reduced holdings. 11 funds opened positions while 42 raised stakes. 19.03 million shares or 3.64% less from 19.75 million shares in 2017Q4 were reported. Washington-based Parametric Associate Ltd Liability Corporation has invested 0% in Sohu.com Limited (NASDAQ:SOHU). Jefferies Gp stated it has 92,500 shares. Cubist Systematic Strategies Ltd Co invested in 33,593 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management owns 122,150 shares for 0.04% of their portfolio. The Connecticut-based Trexquant Investment LP has invested 0.01% in Sohu.com Limited (NASDAQ:SOHU). Pictet Asset Mngmt holds 0% or 11,000 shares. California Pub Employees Retirement Systems has 46,186 shares for 0% of their portfolio. Aqr Capital Mngmt Ltd Liability Corp holds 35,709 shares or 0% of its portfolio. 10,827 are owned by Element Capital Ltd Liability. Bankshares Of Montreal Can owns 247 shares for 0% of their portfolio. Goldman Sachs Gp reported 210,404 shares. Fosun stated it has 2.77% in Sohu.com Limited (NASDAQ:SOHU). Renaissance Techs Lc holds 0.08% or 2.31M shares. Strs Ohio reported 0.03% stake. Bluemountain Capital, New York-based fund reported 13,367 shares.

Menta Capital Llc, which manages about $2.11 billion and $470.88 million US Long portfolio, decreased its stake in Primo Wtr Corp (NASDAQ:PRMW) by 38,056 shares to 16,775 shares, valued at $196,000 in 2018Q1, according to the filing. It also reduced its holding in Exterran Corp by 16,164 shares in the quarter, leaving it with 58,225 shares, and cut its stake in Ford Mtr Co Del (NYSE:F).

More news for Sohu.com Limited (NASDAQ:SOHU) were recently published by: Nasdaq.com, which released: “Sogou Is No Longer a Broken IPO” on June 12, 2018. Prnewswire.com‘s article titled: “Sohu.com Announces Stockholder Approval of Proposed Reorganization” and published on May 29, 2018 is yet another important article.

Among 7 analysts covering Sohu.com Inc. (NASDAQ:SOHU), 1 have Buy rating, 3 Sell and 3 Hold. Therefore 14% are positive. Sohu.com Inc. had 8 analyst reports since October 8, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, August 1 by Morgan Stanley. Macquarie Research maintained it with “Neutral” rating and $49 target in Monday, October 19 report. The firm has “Sell” rating by Goldman Sachs given on Monday, November 30. The firm has “Neutral” rating given on Friday, July 22 by Citigroup. The stock of Sohu.com Limited (NASDAQ:SOHU) earned “Hold” rating by Deutsche Bank on Monday, October 30. JP Morgan reinitiated Sohu.com Limited (NASDAQ:SOHU) rating on Wednesday, August 31. JP Morgan has “Underweight” rating and $40 target.

Since April 30, 2018, it had 18 insider purchases, and 0 selling transactions for $25.01 million activity. $369,300 worth of Sohu.com Limited (NASDAQ:SOHU) was bought by ZHANG CHARLES.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13 before the open. They expect $2.25 earnings per share, up 23.63% or $0.43 from last year’s $1.82 per share. JPM’s profit will be $7.66 billion for 12.02 P/E if the $2.25 EPS becomes a reality. After $2.37 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -5.06% negative EPS growth.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Bizjournals.com which released: “JPMorgan Chase puts $300000 behind Tampa Bay Partnership’s skills gap initiative” on June 13, 2018, also Seekingalpha.com with their article: “Billion-Dollar Unicorns: How Will Dropbox Position In Collaboration?” published on June 13, 2018, Thestreet.com published: “5 Reasons Why JPMorgan Will Be a Monster Trade” on May 30, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Bizjournals.com and their article: “Banking Roundup: Starbucks launches JPMorgan Visa cards… BofA’s virtual assistant Erica hits milestone” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “JPMorgan (JPM) Management Presents at Morgan Stanley Financials Conference (Transcript)” with publication date: June 13, 2018.

Since January 13, 2018, it had 3 buys, and 8 selling transactions for $18.63 million activity. Scher Peter had sold 26,532 shares worth $3.01M on Friday, January 19. Giles Nicole had sold 3,783 shares worth $425,399 on Saturday, January 13. Shares for $1.84M were sold by BACON ASHLEY. On Tuesday, January 16 the insider CROWN JAMES S bought $825,327. On Saturday, January 13 Petno Douglas B sold $5.43M worth of JPMorgan Chase & Co. (NYSE:JPM) or 48,344 shares. Friedman Stacey sold 17,729 shares worth $1.99 million.

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.07, from 0.88 in 2017Q4. It fall, 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. Fragasso Grp holds 0.54% or 20,010 shares in its portfolio. Verition Fund Ltd Limited Liability Company owns 24,604 shares for 0.2% of their portfolio. Dumont & Blake Limited Liability Corporation invested in 1.26% or 26,931 shares. Bb&T Secs Ltd Liability Corporation owns 0.89% invested in JPMorgan Chase & Co. (NYSE:JPM) for 713,227 shares. Raymond James Trust Na reported 2.11% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Public Sector Pension Invest Board has 1.21 million shares for 0.93% of their portfolio. Northwestern Mutual Wealth Management Co has invested 0.31% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Central Bancorp And Commerce stated it has 7,181 shares or 0.2% of all its holdings. Litman Gregory Asset Management Limited holds 0.09% in JPMorgan Chase & Co. (NYSE:JPM) or 2,070 shares. Moreover, Thompson Rubinstein Management Or has 0.23% invested in JPMorgan Chase & Co. (NYSE:JPM). Nexus Mngmt has invested 5.43% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). The Massachusetts-based Capital Growth Management LP has invested 3.16% in JPMorgan Chase & Co. (NYSE:JPM). Eagle Cap Mngmt Ltd Com has invested 2.55% in JPMorgan Chase & Co. (NYSE:JPM). Lockheed Martin Inv Mngmt Communications holds 0.31% or 67,800 shares in its portfolio. Hanson & Doremus Inv Mngmt holds 24,527 shares.

Sohu.com Limited (NASDAQ:SOHU) Institutional Positions Chart

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