Benin Management Has Trimmed By $323,000 Its Jpmorgan Chase & Co (JPM) Position; Eii Capital Management Has Trimmed Its Essex Ppty Tr Com (ESS) Stake

February 25, 2018 - By Stephen Andrade

Benin Management Corp decreased Jpmorgan Chase & Co (JPM) stake by 18.38% reported in 2017Q3 SEC filing. Benin Management Corp sold 3,400 shares as Jpmorgan Chase & Co (JPM)’s stock declined 6.04%. The Benin Management Corp holds 15,101 shares with $1.44 million value, down from 18,501 last quarter. Jpmorgan Chase & Co now has $401.77B valuation. The stock increased 2.03% or $2.33 during the last trading session, reaching $117.31. About 12.16M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 25, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Eii Capital Management Inc decreased Essex Ppty Tr Inc Com (ESS) stake by 54.62% reported in 2017Q3 SEC filing. Eii Capital Management Inc sold 18,725 shares as Essex Ppty Tr Inc Com (ESS)’s stock rose 11.60%. The Eii Capital Management Inc holds 15,560 shares with $3.95 million value, down from 34,285 last quarter. Essex Ppty Tr Inc Com now has $15.52B valuation. The stock increased 2.56% or $5.68 during the last trading session, reaching $227.27. About 398,339 shares traded. Essex Property Trust, Inc. (NYSE:ESS) has risen 15.01% since February 25, 2017 and is uptrending. It has underperformed by 1.69% the S&P500.

Since October 25, 2017, it had 1 buying transaction, and 9 insider sales for $22.34 million activity. 17,057 JPMorgan Chase & Co. (NYSE:JPM) shares with value of $1.91 million were sold by Scher Peter. $7.31M worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Erdoes Mary E.. On Saturday, January 13 the insider BACON ASHLEY sold $1.84M. CROWN JAMES S bought $825,327 worth of stock or 7,280 shares. The insider Petno Douglas B sold 48,344 shares worth $5.43M. $214,019 worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Friedman Stacey. On Saturday, January 13 the insider Lake Marianne sold $1.03 million.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It worsened, 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. 14,256 were reported by Alps Advsrs Inc. 48,745 are held by Cibc Bank Usa. Ig Limited holds 1.44% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 2.94M shares. Glg Prtn Ltd Partnership invested 0.05% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Verity And Verity Ltd Com reported 2.76% in JPMorgan Chase & Co. (NYSE:JPM). Baystate Wealth Mgmt Limited Liability Corporation reported 0.13% stake. Clark Cap Management Gp Inc invested 1.78% in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Boyd Watterson Asset Management Limited Liability Corporation Oh has 1.81% invested in JPMorgan Chase & Co. (NYSE:JPM) for 38,278 shares. Joel Isaacson And Ltd Liability Company invested 0.4% in JPMorgan Chase & Co. (NYSE:JPM). Chatham Gru Incorporated accumulated 8,406 shares. 7,263 are owned by Mutual Of Omaha Commercial Bank Wealth. Nwq Invest Mngmt Lc invested in 1.38 million shares. Burgundy Asset Management Limited has invested 0.02% in JPMorgan Chase & Co. (NYSE:JPM). Pub Employees Retirement Sys Of Ohio reported 2.85M shares. Pinnacle Ltd Liability Com stated it has 0.73% in JPMorgan Chase & Co. (NYSE:JPM).

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. JPMorgan Chase & Co had 111 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, October 6 with “Neutral”. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The firm earned “Overweight” rating on Friday, October 13 by Barclays Capital. The rating was downgraded by Bernstein on Tuesday, August 16 to “Market Perform”. As per Tuesday, January 17, the company rating was downgraded by Keefe Bruyette & Woods. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, January 2 report. The company was maintained on Friday, January 15 by Argus Research. The rating was maintained by Keefe Bruyette & Woods on Friday, August 18 with “Hold”. As per Friday, February 5, the company rating was upgraded by UBS. The rating was maintained by Wells Fargo on Wednesday, January 17 with “Buy”.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on April, 12. They expect $2.23 earnings per share, up 35.15% or $0.58 from last year’s $1.65 per share. JPM’s profit will be $7.64 billion for 13.15 P/E if the $2.23 EPS becomes a reality. After $1.76 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts 26.70% EPS growth.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.13, from 1.17 in 2017Q2. It increased, as 21 investors sold ESS shares while 118 reduced holdings. 44 funds opened positions while 137 raised stakes. 62.90 million shares or 2.83% less from 64.73 million shares in 2017Q2 were reported. Salem Investment Counselors holds 0% in Essex Property Trust, Inc. (NYSE:ESS) or 12 shares. Guggenheim Ltd Llc holds 0.08% of its portfolio in Essex Property Trust, Inc. (NYSE:ESS) for 128,895 shares. 7,223 were reported by Cibc Asset Mngmt. Barclays Public Ltd Com stated it has 0.02% in Essex Property Trust, Inc. (NYSE:ESS). Van Hulzen Asset Mgmt Ltd Liability Corporation accumulated 1,555 shares. Pub Sector Pension Board holds 7,258 shares or 0.01% of its portfolio. Td Asset Management holds 20,949 shares or 0.01% of its portfolio. Pggm reported 843,000 shares. Ny State Teachers Retirement has invested 0.07% in Essex Property Trust, Inc. (NYSE:ESS). First Advisors LP invested in 29,664 shares or 0.02% of the stock. Old Mutual Customised Solutions (Proprietary) owns 0.02% invested in Essex Property Trust, Inc. (NYSE:ESS) for 500 shares. Resolution Capital Ltd owns 360,236 shares. Moreover, Stephens Ar has 0.01% invested in Essex Property Trust, Inc. (NYSE:ESS) for 913 shares. Magnetar Financial Lc, Illinois-based fund reported 3,470 shares. Muzinich And Co invested 0.01% in Essex Property Trust, Inc. (NYSE:ESS).

Analysts await Essex Property Trust, Inc. (NYSE:ESS) to report earnings on April, 26. They expect $3.05 EPS, up 3.74% or $0.11 from last year’s $2.94 per share. ESS’s profit will be $208.33 million for 18.63 P/E if the $3.05 EPS becomes a reality. After $3.01 actual EPS reported by Essex Property Trust, Inc. for the previous quarter, Wall Street now forecasts 1.33% EPS growth.

Among 27 analysts covering Essex Property Trust (NYSE:ESS), 14 have Buy rating, 2 Sell and 11 Hold. Therefore 52% are positive. Essex Property Trust had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Mizuho on Friday, February 9 to “Hold”. The company was upgraded on Monday, January 23 by Barclays Capital. The company was maintained on Tuesday, November 3 by Canaccord Genuity. Jefferies maintained Essex Property Trust, Inc. (NYSE:ESS) on Sunday, August 20 with “Hold” rating. The rating was initiated by BTIG Research on Thursday, August 25 with “Buy”. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, January 12. Mizuho downgraded the stock to “Sell” rating in Monday, November 6 report. The stock has “Buy” rating by Bank of America on Tuesday, February 13. The rating was downgraded by Evercore to “Hold” on Friday, July 15. The firm has “Hold” rating given on Wednesday, August 10 by Jefferies.