St Germain D J Co Has Lifted Its Rayonier (RYN) Position by $603,120; Valuation Declined; Granite Point Capital Management LP Has Decreased Its Jpmorgan Chase & Co (JPM) Stake as Share Value Declined

January 14, 2018 - By Richard Conner

Warren Lammert decreased its stake in Jpmorgan Chase & Co (JPM) by 32.86% based on its latest 2017Q3 regulatory filing with the SEC. Granite Point Capital Management Lp sold 11,500 shares as the company’s stock declined 6.04% while stock markets rallied. The hedge fund run by Warren Lammert held 23,500 shares of the major banks company at the end of 2017Q3, valued at $2.24M, down from 35,000 at the end of the previous reported quarter. Granite Point Capital Management Lp who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $390.88 billion market cap company. The stock increased 1.65% or $1.83 during the last trading session, reaching $112.67. About 18.88M shares traded or 45.90% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since January 14, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

St Germain D J Co Inc increased its stake in Rayonier Inc (RYN) by 9.12% based on its latest 2017Q3 regulatory filing with the SEC. St Germain D J Co Inc bought 21,540 shares as the company’s stock declined 2.25% while stock markets rallied. The institutional investor held 257,755 shares of the real estate investment trusts company at the end of 2017Q3, valued at $7.45M, up from 236,215 at the end of the previous reported quarter. St Germain D J Co Inc who had been investing in Rayonier Inc for a number of months, seems to be bullish on the $4.17B market cap company. The stock increased 1.06% or $0.34 during the last trading session, reaching $32.44. About 455,945 shares traded or 0.29% up from the average. Rayonier Inc. (NYSE:RYN) has risen 11.93% since January 14, 2017 and is uptrending. It has underperformed by 4.77% the S&P500.

Investors sentiment is 1.3 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 24 investors sold RYN shares while 60 reduced holdings. only 24 funds opened positions while 85 raised stakes. 105.65 million shares or 1.57% more from 104.03 million shares in 2017Q2 were reported. Manufacturers Life Insurance The, Ontario – Canada-based fund reported 189,457 shares. Hsbc Hldgs Pcl invested 0% in Rayonier Inc. (NYSE:RYN). Tortoise Investment Ltd Llc, New York-based fund reported 201 shares. Blue Fincl Cap accumulated 13,518 shares. Invesco Limited stated it has 0.02% of its portfolio in Rayonier Inc. (NYSE:RYN). Asset One reported 957 shares. Bluestein R H And stated it has 7,000 shares. Paradigm Asset Management Company Limited Liability accumulated 800 shares or 0.01% of the stock. Zacks Inv Management has 0.32% invested in Rayonier Inc. (NYSE:RYN) for 479,136 shares. 1,485 were reported by Fifth Third State Bank. Goldman Sachs Gru Inc holds 0% of its portfolio in Rayonier Inc. (NYSE:RYN) for 687,319 shares. Exane Derivatives stated it has 0% of its portfolio in Rayonier Inc. (NYSE:RYN). Geode Cap Mgmt Lc reported 0.01% in Rayonier Inc. (NYSE:RYN). Quantbot Techs Lp has 2,114 shares for 0.01% of their portfolio. Illinois-based Interactive Advsrs has invested 0.03% in Rayonier Inc. (NYSE:RYN).

Among 7 analysts covering Rayonier (NYSE:RYN), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Rayonier had 20 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Wednesday, July 26. The stock has “Hold” rating by BMO Capital Markets on Wednesday, November 1. The rating was downgraded by DA Davidson to “Neutral” on Friday, February 10. Vertical Research upgraded the stock to “Buy” rating in Friday, May 26 report. The rating was maintained by RBC Capital Markets with “Hold” on Monday, September 4. Buckingham Research upgraded the shares of RYN in report on Thursday, August 6 to “Buy” rating. On Wednesday, September 27 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, August 7. Raymond James upgraded Rayonier Inc. (NYSE:RYN) on Monday, January 9 to “Outperform” rating. The firm earned “Buy” rating on Thursday, June 22 by BMO Capital Markets.

Granite Point Capital Management Lp, which manages about $474.72M US Long portfolio, upped its stake in Summit Therapeutics Plc by 125,000 shares to 242,113 shares, valued at $3.03 million in 2017Q3, according to the filing. It also increased its holding in Five Prime Therapeutics Inc (NASDAQ:FPRX) by 20,000 shares in the quarter, for a total of 50,000 shares, and has risen its stake in Canada Goose Holdings Inc.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.28, from 1.19 in 2017Q2. It dived, 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. Gyroscope Management Lc stated it has 0.49% in JPMorgan Chase & Co. (NYSE:JPM). Franklin Street Inc Nc holds 2.49% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 159,097 shares. Mcf Limited Com invested in 9,954 shares. Guardian Mgmt stated it has 2.38% in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Trellus Management Ltd Limited Liability Company has 1.44% invested in JPMorgan Chase & Co. (NYSE:JPM). Gillespie Robinson And Grimm holds 127,132 shares or 1.62% of its portfolio. Colony Grp Inc Lc stated it has 240,979 shares. R G Niederhoffer Cap Mgmt Inc stated it has 3,100 shares or 1.9% of all its holdings. Jackson Wealth Management holds 0.51% in JPMorgan Chase & Co. (NYSE:JPM) or 19,532 shares. Pggm Invs holds 1.14% or 2.41M shares in its portfolio. Jones Collombin Counsel reported 3.63% stake. Hollow Brook Wealth Mngmt Llc reported 9,631 shares. King Wealth Management Grp Ltd owns 57,912 shares for 2.06% of their portfolio. Iron Financial Limited reported 7,762 shares. Barometer Management accumulated 190,550 shares or 1.77% of the stock.

Since August 21, 2017, it had 0 buys, and 2 insider sales for $1.12 million activity.

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