Adams Express Company Cut Jpmorgan Chase & Co (JPM) Holding By $11.77 Million, Pennymac Financial Services (PFSI)’s Sentiment Is 1.92

June 22, 2017 - By Marie Mckinney

Adams Express Company decreased Jpmorgan Chase & Co (JPM) stake by 36.21% reported in 2016Q4 SEC filing. Adams Express Company sold 136,900 shares as Jpmorgan Chase & Co (JPM)’s stock declined 6.04%. The Adams Express Company holds 241,200 shares with $20.81 million value, down from 378,100 last quarter. Jpmorgan Chase & Co now has $307.75 billion valuation. The stock declined 0.11% or $0.1 reaching $87.02 per share. About 6.84 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since June 22, 2016 and is uptrending. It has outperformed by 17.04% the S&P500.

PennyMac Financial Services, Inc. is a financial services company. The company has market cap of $1.32 billion. The Firm is focused on the production and servicing of the United States residential mortgage loans and the management of investments related to the United States mortgage market. It has a 18.57 P/E ratio. The Firm operates through three divisions: loan production, loan servicing and investment management.

Since January 13, 2017, it had 0 buys, and 10 sales for $21.13 million activity. The insider Pinto Daniel E sold 40,433 shares worth $3.40M. BACON ASHLEY also sold $1.09 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares. 65,865 shares valued at $5.51 million were sold by Smith Gordon on Tuesday, January 17. $1.09 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Lake Marianne. On Tuesday, January 17 the insider Petno Douglas B sold $1.80 million. $3.01 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Erdoes Mary E.. $542,314 worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Donnelly John L on Friday, January 13.

Among 25 analysts covering JPMorgan Chase & Co (NYSE:JPM), 13 have Buy rating, 2 Sell and 10 Hold. Therefore 52% are positive. JPMorgan Chase & Co had 52 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, April 25 the stock rating was downgraded by Ertse Group to “Hold”. The company was maintained on Friday, January 15 by UBS. Vetr downgraded the stock to “Strong-Buy” rating in Friday, August 28 report. Buckingham Research downgraded the stock to “Neutral” rating in Monday, October 17 report. Credit Agricole upgraded JPMorgan Chase & Co. (NYSE:JPM) on Tuesday, August 25 to “Outperform” rating. The firm has “Outperform” rating given on Tuesday, August 25 by CLSA. Sandler O’Neill downgraded the stock to “Hold” rating in Thursday, October 6 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Wednesday, October 7 by Jefferies. BMO Capital Markets upgraded JPMorgan Chase & Co. (NYSE:JPM) on Wednesday, September 16 to “Outperform” rating. The firm has “Neutral” rating by Goldman Sachs given on Thursday, April 14.

Investors sentiment decreased to 0.82 in Q4 2016. Its down 0.15, from 0.97 in 2016Q3. It turned negative, as 69 investors sold JPM shares while 807 reduced holdings. 166 funds opened positions while 553 raised stakes. 2.60 billion shares or 2.27% more from 2.54 billion shares in 2016Q3 were reported. Trellus Management Limited Com holds 1.47% or 11,600 shares. New York-based Neuberger Berman Gru Ltd Llc has invested 1.93% in JPMorgan Chase & Co. (NYSE:JPM). Davis R M Inc has invested 0.19% in JPMorgan Chase & Co. (NYSE:JPM). Capital Intll Sarl, a California-based fund reported 54,207 shares. Country Club Trust Na reported 14,510 shares or 0.2% of all its holdings. Mutual Of America Capital Mgmt Limited Liability Co holds 484,595 shares or 0.79% of its portfolio. Brighton Jones Limited Liability Com owns 8,570 shares. Joel Isaacson & Company Ltd Liability stated it has 0.4% in JPMorgan Chase & Co. (NYSE:JPM). Guggenheim Capital Limited Liability reported 1.23 million shares. S&T Financial Bank Pa invested in 0.3% or 21,873 shares. Girard Ltd has 0.95% invested in JPMorgan Chase & Co. (NYSE:JPM) for 38,026 shares. 82,931 are owned by Laffer Investments. Bridgeway Capital Mgmt holds 211,795 shares. Barrett Asset Mngmt Limited reported 373,655 shares. Connors Investor Services Inc owns 70,250 shares or 1.04% of their US portfolio.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $1.63 earnings per share, up 5.16% or $0.08 from last year’s $1.55 per share. JPM’s profit will be $5.76B for 13.35 P/E if the $1.63 EPS becomes a reality. After $1.65 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -1.21% negative EPS growth.

Adams Express Company increased Aegion Corp (NASDAQ:AEGN) stake by 24,700 shares to 46,300 valued at $1.10M in 2016Q4. It also upped Empire St Rlty Tr Inc (NYSE:ESRT) stake by 31,900 shares and now owns 54,200 shares. Mks Instrument Inc (NASDAQ:MKSI) was raised too.

Greenwich Investment Management Inc. holds 2.8% of its portfolio in PennyMac Financial Services Inc for 164,899 shares. Three Corner Global Investors Lp owns 232,114 shares or 1.52% of their US portfolio. Moreover, Omega Advisors Inc. has 1.19% invested in the company for 1.62 million shares. The Maryland-based Lmm Llc has invested 1.04% in the stock. New Amsterdam Partners Llc Ny, a New York-based fund reported 260,675 shares.

About 224,165 shares traded or 27.16% up from the average. PennyMac Financial Services Inc (PFSI) has risen 22.47% since June 22, 2016 and is uptrending. It has outperformed by 5.77% the S&P500.

Since January 1, 0001, it had 0 buys, and 33 insider sales for $3.98 million activity.