Pathstone Family Office Has Lowered Its Stake in Jpmorgan Chase & Co (JPM) as Shares Declined; Chatham Lodging Trust (CLDT) Holder Crow Point Partners Has Decreased Stake as Market Valuation Declined

February 19, 2018 - By Clifton Ray

Crow Point Partners Llc decreased its stake in Chatham Lodging Trust (CLDT) by 66.67% based on its latest 2017Q3 regulatory filing with the SEC. Crow Point Partners Llc sold 600,000 shares as the company’s stock declined 6.09% while stock markets rallied. The institutional investor held 300,000 shares of the real estate investment trusts company at the end of 2017Q3, valued at $6.40 million, down from 900,000 at the end of the previous reported quarter. Crow Point Partners Llc who had been investing in Chatham Lodging Trust for a number of months, seems to be less bullish one the $958.32M market cap company. The stock increased 1.39% or $0.29 during the last trading session, reaching $21.13. About 376,471 shares traded. Chatham Lodging Trust (NYSE:CLDT) has declined 7.78% since February 19, 2017 and is downtrending. It has underperformed by 24.48% the S&P500.

Pathstone Family Office Llc decreased its stake in Jpmorgan Chase & Co (JPM) by 76.67% based on its latest 2017Q3 regulatory filing with the SEC. Pathstone Family Office Llc sold 4,700 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 1,430 shares of the major banks company at the end of 2017Q3, valued at $136,000, down from 6,130 at the end of the previous reported quarter. Pathstone Family Office Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $392.76 billion market cap company. The stock decreased 0.72% or $0.83 during the last trading session, reaching $114.68. About 13.21 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 19, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

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 110 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, October 10, the company rating was maintained by Jefferies. As per Wednesday, December 6, the company rating was maintained by RBC Capital Markets. Jefferies maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, July 7. Jefferies has “Buy” rating and $10200 target. The rating was maintained by Argus Research on Monday, January 18 with “Buy”. Keefe Bruyette & Woods maintained JPMorgan Chase & Co. (NYSE:JPM) on Tuesday, December 12 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, June 6. The rating was maintained by Deutsche Bank on Wednesday, August 12 with “Buy”. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Monday, January 8 by Jefferies. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Thursday, January 11 by Credit Suisse. Vetr upgraded JPMorgan Chase & Co. (NYSE:JPM) rating on Tuesday, September 1. Vetr has “Buy” rating and $71.88 target.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.28, from 1.19 in 2017Q2. It is negative, 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. First Savings Bank Sioux Falls reported 8,135 shares. Rockshelter Capital Management Ltd stated it has 6.68% in JPMorgan Chase & Co. (NYSE:JPM). Financial Consulate owns 4,991 shares or 0.26% of their US portfolio. Agf Invests holds 2.26% or 2.17 million shares. Quantbot Technology LP holds 64,676 shares. Essex Inv Mngmt Lc invested in 0.92% or 71,035 shares. At Bankshares, Iowa-based fund reported 47,210 shares. 552,660 were reported by Clark Cap Mgmt Grp Inc Inc. Lenox Wealth reported 2,052 shares. Quantitative Management Ltd Liability Corp stated it has 0.86% in JPMorgan Chase & Co. (NYSE:JPM). First Foundation Advsrs reported 0.6% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Washington Capital Mngmt Incorporated holds 3.79% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 37,290 shares. Private Asset Mngmt holds 3.08% or 19,108 shares in its portfolio. Conning accumulated 108,235 shares or 0.35% of the stock. Regal Inv Advsr Ltd Company, a Michigan-based fund reported 9,864 shares.

Since August 21, 2017, it had 1 buy, and 9 insider sales for $22.34 million activity. On Tuesday, January 16 the insider CROWN JAMES S bought $825,327. 16,434 JPMorgan Chase & Co. (NYSE:JPM) shares with value of $1.84 million were sold by BACON ASHLEY. Friedman Stacey had sold 17,729 shares worth $1.99M. 48,344 shares valued at $5.43M were sold by Petno Douglas B on Saturday, January 13. Giles Nicole also sold $425,399 worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. The insider Erdoes Mary E. sold 65,101 shares worth $7.31M.

Among 8 analysts covering Chatham Lodging (NYSE:CLDT), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Chatham Lodging had 23 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Chatham Lodging Trust (NYSE:CLDT) earned “Overweight” rating by Barclays Capital on Wednesday, March 9. The stock of Chatham Lodging Trust (NYSE:CLDT) has “Hold” rating given on Wednesday, October 12 by Cantor Fitzgerald. The company was maintained on Monday, July 17 by Stifel Nicolaus. The rating was initiated by FBR Capital on Friday, November 20 with “Outperform”. The rating was upgraded by JMP Securities on Monday, August 28 to “Market Outperform”. Stifel Nicolaus maintained Chatham Lodging Trust (NYSE:CLDT) rating on Wednesday, September 6. Stifel Nicolaus has “Hold” rating and $19.5 target. The firm earned “Equal-Weight” rating on Wednesday, November 1 by Barclays Capital. SunTrust maintained it with “Neutral” rating and $19 target in Thursday, August 4 report. The rating was maintained by FBR Capital on Monday, November 7 with “Mkt Perform”. The stock of Chatham Lodging Trust (NYSE:CLDT) has “Hold” rating given on Monday, November 20 by Cantor Fitzgerald.

Crow Point Partners Llc, which manages about $937.00M and $624.59 million US Long portfolio, upped its stake in Alabama Power Company 6 1/2 Non Cum Pfd Shs by 32,585 shares to 104,573 shares, valued at $2.64 million in 2017Q3, according to the filing. It also increased its holding in Exelon Corporation (NYSE:EXC) by 300,000 shares in the quarter, for a total of 366,000 shares, and has risen its stake in Spdr Gold Trust (GLD).

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