Eads & Heald Investment Counsel Position in W.W. Grainger (GWW) Increased as Valuation Declined; J.P. Morgan Chase & Co Com (JPM) Holding Increased by Amarillo National Bank

February 15, 2018 - By Kurt Siggers

Amarillo National Bank increased its stake in J.P. Morgan Chase & Co Com (JPM) by 19.64% based on its latest 2017Q3 regulatory filing with the SEC. Amarillo National Bank bought 4,003 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 24,381 shares of the major banks company at the end of 2017Q3, valued at $2.33 million, up from 20,378 at the end of the previous reported quarter. Amarillo National Bank who had been investing in J.P. Morgan Chase & Co Com for a number of months, seems to be bullish on the $394.34 billion market cap company. The stock increased 0.10% or $0.11 during the last trading session, reaching $115.14. About 7.12M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 15, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Eads & Heald Investment Counsel increased its stake in W.W. Grainger (GWW) by 24.46% based on its latest 2017Q3 regulatory filing with the SEC. Eads & Heald Investment Counsel bought 1,864 shares as the company’s stock declined 31.42% while stock markets rallied. The institutional investor held 9,484 shares of the consumer services company at the end of 2017Q3, valued at $1.71M, up from 7,620 at the end of the previous reported quarter. Eads & Heald Investment Counsel who had been investing in W.W. Grainger for a number of months, seems to be bullish on the $15.11B market cap company. The stock increased 1.34% or $3.54 during the last trading session, reaching $268.28. About 372,144 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has declined 21.15% since February 15, 2017 and is downtrending. It has underperformed by 37.85% the S&P500.

Among 20 analysts covering W.W. Grainger (NYSE:GWW), 4 have Buy rating, 5 Sell and 11 Hold. Therefore 20% are positive. W.W. Grainger had 102 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained W.W. Grainger, Inc. (NYSE:GWW) rating on Monday, November 6. RBC Capital Markets has “Sell” rating and $148.0 target. The rating was initiated by BMO Capital Markets with “Outperform” on Tuesday, April 5. The firm has “Underweight” rating given on Monday, October 2 by Morgan Stanley. BMO Capital Markets maintained W.W. Grainger, Inc. (NYSE:GWW) on Friday, May 26 with “Hold” rating. The company was maintained on Monday, August 21 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets on Monday, August 21 with “Hold”. RBC Capital Markets maintained W.W. Grainger, Inc. (NYSE:GWW) rating on Monday, October 19. RBC Capital Markets has “Underperform” rating and $187 target. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, January 8. The firm earned “Sell” rating on Tuesday, January 23 by UBS. UBS maintained W.W. Grainger, Inc. (NYSE:GWW) on Wednesday, January 27 with “Neutral” rating.

Since October 20, 2017, it had 1 insider purchase, and 4 insider sales for $2.22 million activity. Robbins Paige K had sold 346 shares worth $70,000. Watson Lucas E bought $50,020 worth of stock or 195 shares. Brown Laura D also sold $2.13M worth of W.W. Grainger, Inc. (NYSE:GWW) on Thursday, January 11.

Investors sentiment increased to 0.98 in Q3 2017. Its up 0.18, from 0.8 in 2017Q2. It improved, as 62 investors sold GWW shares while 157 reduced holdings. 62 funds opened positions while 153 raised stakes. 47.96 million shares or 3.15% more from 46.50 million shares in 2017Q2 were reported. Cantab Prtn Llp owns 1,022 shares for 0.03% of their portfolio. Haverford Tru stated it has 279,836 shares or 1.05% of all its holdings. 800 were accumulated by Fukoku Mutual Life Insurance Co. Employees Retirement Association Of Colorado stated it has 0.01% in W.W. Grainger, Inc. (NYSE:GWW). Sei Invests reported 15,791 shares stake. Whittier Communication accumulated 0% or 49 shares. 24,980 are owned by Tru Department Mb Fincl Bank N A. Thompson Management invested in 0.1% or 3,101 shares. Tobam has 189,601 shares for 1.29% of their portfolio. Massachusetts-based Boston Advisors Ltd Liability Corp has invested 0.57% in W.W. Grainger, Inc. (NYSE:GWW). Benjamin F Edwards And Inc reported 6,234 shares. Fairfield Bush Com accumulated 0.26% or 4,595 shares. Asset Mngmt One Limited holds 91,635 shares or 0.04% of its portfolio. Virtus Invest Advisers Inc reported 1,681 shares. Hartford Invest Mngmt reported 11,283 shares.

Amarillo National Bank, which manages about $290.84M US Long portfolio, decreased its stake in Netflix Inc. (NASDAQ:NFLX) by 3,566 shares to 11,782 shares, valued at $2.14 million in 2017Q3, according to the filing.

Investors sentiment decreased to 0.91 in Q3 2017. 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. Trellus Ltd Liability Corporation has 1.44% invested in JPMorgan Chase & Co. (NYSE:JPM) for 11,000 shares. A D Beadell Inv Counsel reported 6,780 shares. Ims Management accumulated 3,623 shares or 0.22% of the stock. Moreover, Eads And Heald Counsel has 1.45% invested in JPMorgan Chase & Co. (NYSE:JPM) for 24,506 shares. Polar Ltd Liability Partnership holds 0.87% in JPMorgan Chase & Co. (NYSE:JPM) or 804,943 shares. First Utd Bancorporation Tru holds 25,945 shares or 1.66% of its portfolio. Prelude Mngmt Ltd Co reported 6,048 shares. Oregon Employees Retirement Fund owns 1.07M shares or 1.66% of their US portfolio. Argyle Management Inc reported 45,695 shares or 1.71% of all its holdings. Edgewood Mgmt Lc holds 0% or 7,049 shares. Redwood Cap reported 3.91% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Parkside Bancorporation And owns 11,354 shares or 0.42% of their US portfolio. The Colorado-based Arrowmark Colorado Hldgs Limited Liability Co has invested 0.13% in JPMorgan Chase & Co. (NYSE:JPM). Aspen Invest Mngmt stated it has 16,003 shares or 1.13% of all its holdings. Foster Dykema Cabot & Ma holds 58,334 shares or 0.98% of its portfolio.

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