Zynga (ZNGA) Holder Centurylink Investment Management Company Raised Its Holding by $342,906 as Share Value Declined; Jpmorgan Chase & Co (JPM) Share Price Rose While Cabot Wealth Management Decreased Its Holding

May 19, 2018 - By Richard Conner

JPMorgan Chase & Co. (NYSE:JPM) Logo

Cabot Wealth Management Inc decreased its stake in Jpmorgan Chase & Co (JPM) by 4.42% based on its latest 2017Q4 regulatory filing with the SEC. Cabot Wealth Management Inc sold 5,023 shares as the company’s stock rose 0.67% while stock markets declined. The institutional investor held 108,583 shares of the major banks company at the end of 2017Q4, valued at $11.61 million, down from 113,606 at the end of the previous reported quarter. Cabot Wealth Management Inc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $378.32 billion market cap company. The stock decreased 1.62% or $1.83 during the last trading session, reaching $111.13. About 11.81 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since May 19, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Centurylink Investment Management Company increased its stake in Zynga Inc (ZNGA) by 47.23% based on its latest 2017Q4 regulatory filing with the SEC. Centurylink Investment Management Company bought 114,302 shares as the company’s stock declined 7.50% with the market. The institutional investor held 356,302 shares of the edp services company at the end of 2017Q4, valued at $1.43M, up from 242,000 at the end of the previous reported quarter. Centurylink Investment Management Company who had been investing in Zynga Inc for a number of months, seems to be bullish on the $3.59 billion market cap company. The stock increased 2.45% or $0.1 during the last trading session, reaching $4.18. About 14.09 million shares traded or 32.14% up from the average. Zynga Inc. (NASDAQ:ZNGA) has risen 31.67% since May 19, 2017 and is uptrending. It has outperformed by 20.12% the S&P500.

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 120 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer maintained JPMorgan Chase & Co. (NYSE:JPM) on Thursday, July 20 with “Hold” rating. Jefferies maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Wednesday, February 24. Jefferies has “Buy” rating and $67 target. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Neutral” rating given on Monday, January 11 by Goldman Sachs. Keefe Bruyette & Woods maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, August 18 with “Hold” rating. Keefe Bruyette & Woods downgraded the stock to “Mkt Perform” rating in Tuesday, January 17 report. The firm has “Buy” rating given on Monday, October 5 by Citigroup. Morgan Stanley maintained the stock with “Overweight” rating in Monday, April 30 report. The firm has “Overweight” rating given on Friday, October 13 by Morgan Stanley. The company was maintained on Sunday, July 16 by Bank of America. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Outperform” rating by CLSA on Tuesday, August 25.

Since January 13, 2018, it had 3 insider buys, and 8 insider sales for $18.63 million activity. Another trade for 48,344 shares valued at $5.43M was made by Petno Douglas B on Saturday, January 13. Another trade for 7,280 shares valued at $825,327 was made by CROWN JAMES S on Tuesday, January 16. $1.99 million worth of stock was sold by Friedman Stacey on Saturday, January 13. $3.01 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Scher Peter on Friday, January 19. Combs Todd A. had bought 13,000 shares worth $1.49M on Monday, May 14. 9,194 shares were sold by Lake Marianne, worth $1.03 million.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “King Dimon – For Now | JPMorgan” on April 26, 2018, also Seekingalpha.com with their article: “JPMorgan to open up alternative investments to a broader client base” published on May 17, 2018, Livetradingnews.com published: “JPMorgan Chase & Co. (NYSE:JPM) Trending Upwards” on May 11, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “JPMorgan Going From Strength To Strength” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “JPMorgan back to business in China” with publication date: May 14, 2018.

Investors sentiment decreased to 0.88 in 2017 Q4. 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. Cullen Cap Limited Liability Corporation holds 2.88% or 785,695 shares. 162,023 were reported by First Interstate Bank & Trust. Burney, Virginia-based fund reported 48,961 shares. Baker Ellis Asset Mgmt Lc holds 0.54% or 20,189 shares in its portfolio. Riggs Asset Managment Company reported 75,322 shares. Curbstone Fincl Mgmt holds 13,644 shares or 0.81% of its portfolio. Moreover, Hengehold Cap Llc has 0.64% invested in JPMorgan Chase & Co. (NYSE:JPM). Missouri-based Smith Moore & Communication has invested 0.42% in JPMorgan Chase & Co. (NYSE:JPM). Mai Mgmt has invested 1.38% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). 461,294 were reported by Locust Wood Advisers Lc. Farmers Bankshares owns 15,828 shares. Seizert Prtnrs Limited Liability invested 1.97% in JPMorgan Chase & Co. (NYSE:JPM). Amer Research And Mngmt has invested 0.07% in JPMorgan Chase & Co. (NYSE:JPM). Dubuque Fincl Bank & has 170,979 shares for 2.77% of their portfolio. State Treasurer State Of Michigan reported 2.19 million shares.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.26 earnings per share, up 24.18% or $0.44 from last year’s $1.82 per share. JPM’s profit will be $7.69B for 12.29 P/E if the $2.26 EPS becomes a reality. After $2.37 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -4.64% negative EPS growth.

Cabot Wealth Management Inc, which manages about $552.75 million and $462.48M US Long portfolio, upped its stake in Schwab Strategic Tr (FNDF) by 11,862 shares to 557,203 shares, valued at $16.94 million in 2017Q4, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHF) by 12,670 shares in the quarter, for a total of 572,937 shares, and has risen its stake in Spdr Ser Tr (FLRN).

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.21, from 1.17 in 2017Q3. It increased, as 27 investors sold ZNGA shares while 54 reduced holdings. 40 funds opened positions while 72 raised stakes. 587.93 million shares or 1.39% more from 579.86 million shares in 2017Q3 were reported. Botty Invsts has invested 0.02% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). Mark Asset Management Corporation has invested 0.58% in Zynga Inc. (NASDAQ:ZNGA). Geode Capital Mngmt Llc holds 7.02M shares. Moreover, River & Mercantile Asset Management Ltd Liability Partnership has 3.25% invested in Zynga Inc. (NASDAQ:ZNGA). Qcm Cayman Limited reported 36,669 shares. Credit Suisse Ag holds 0% or 524,787 shares in its portfolio. United Advisers holds 10,860 shares. Perigon Wealth Mngmt Limited Company, California-based fund reported 20 shares. Quantitative Limited Company reported 733,300 shares. 6,283 were reported by Meeder Asset. Acadian Asset Ltd reported 0.01% stake. Gam Hldg Ag holds 0.19% or 1.55M shares. Cipher Capital Limited Partnership stated it has 495,613 shares. Alyeska Invest Group LP accumulated 8.61 million shares. Bartlett & Limited Liability Corporation has invested 0% of its portfolio in Zynga Inc. (NASDAQ:ZNGA).

Among 17 analysts covering Zynga (NASDAQ:ZNGA), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. Zynga had 43 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Buy” rating by Cowen & Co on Friday, June 23. The rating was maintained by Wedbush on Thursday, February 8 with “Buy”. Piper Jaffray maintained the shares of ZNGA in report on Thursday, September 14 with “Buy” rating. The company was maintained on Monday, August 10 by Bank of America. The stock of Zynga Inc. (NASDAQ:ZNGA) has “Buy” rating given on Thursday, August 3 by Jefferies. Bank of America upgraded Zynga Inc. (NASDAQ:ZNGA) on Friday, May 5 to “Neutral” rating. As per Thursday, February 11, the company rating was maintained by Wedbush. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Hold” rating by Canaccord Genuity on Thursday, August 3. Pacific Crest maintained the shares of ZNGA in report on Monday, August 10 with “Equal Weight” rating. The company was initiated on Friday, December 23 by Mizuho.

Centurylink Investment Management Company, which manages about $18.36 billion and $283.23 million US Long portfolio, decreased its stake in Hyatt Hotels Corp (NYSE:H) by 7,343 shares to 20,045 shares, valued at $1.47 million in 2017Q4, according to the filing. It also reduced its holding in Applied Matls Inc (NASDAQ:AMAT) by 6,112 shares in the quarter, leaving it with 37,245 shares, and cut its stake in 3M Co (NYSE:MMM).

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart

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