Westamerica Bancorporatio (WABC) Stock Value Declined While Paradigm Asset Management Co Has Trimmed Its Holding by $166.71 Million; J.P. Morgan Chase & Co Com (JPM) Market Value Declined While Amarillo National Bank Has Boosted Its Holding

February 16, 2018 - By Nellie Frank

Paradigm Asset Management Co Llc decreased its stake in Westamerica Bancorporatio (WABC) by 25.93% based on its latest 2017Q3 regulatory filing with the SEC. Paradigm Asset Management Co Llc sold 2,800 shares as the company’s stock declined 9.58% while stock markets rallied. The institutional investor held 8,000 shares of the major banks company at the end of 2017Q3, valued at $476.32M, down from 10,800 at the end of the previous reported quarter. Paradigm Asset Management Co Llc who had been investing in Westamerica Bancorporatio for a number of months, seems to be less bullish one the $1.58 billion market cap company. The stock increased 1.01% or $0.6 during the last trading session, reaching $59.91. About 15,280 shares traded. Westamerica Bancorporation (NASDAQ:WABC) has risen 12.36% since February 16, 2017 and is uptrending. It has underperformed by 4.34% the S&P500.

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 $2.33M, 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 $395.19 billion market cap company. The stock decreased 0.10% or $0.12 during the last trading session, reaching $115.39. About 4.38M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 16, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Among 5 analysts covering Westamerica Bancorporation (NASDAQ:WABC), 0 have Buy rating, 2 Sell and 3 Hold. Therefore 0 are positive. Westamerica Bancorporation had 14 analyst reports since August 17, 2015 according to SRatingsIntel. Sandler O’Neill maintained it with “Sell” rating and $54.0 target in Thursday, January 4 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, January 18. The stock of Westamerica Bancorporation (NASDAQ:WABC) has “Sell” rating given on Monday, August 31 by Zacks. The rating was maintained by Sandler O’Neill with “Sell” on Thursday, January 18. BMO Capital Markets maintained it with “Sell” rating and $43.0 target in Monday, December 18 report. The firm has “Hold” rating by Maxim Group given on Friday, July 21. The stock has “Sell” rating by BMO Capital Markets on Friday, July 7. The stock of Westamerica Bancorporation (NASDAQ:WABC) has “Sector Perform” rating given on Monday, January 25 by RBC Capital Markets. The firm has “Sell” rating by BMO Capital Markets given on Tuesday, October 3. As per Monday, August 17, the company rating was upgraded by Zacks.

Since October 26, 2017, it had 0 insider purchases, and 6 selling transactions for $5.81 million activity. 6,000 shares were sold by SCHNECK JAMES J, worth $353,149 on Thursday, October 26. THORSON JOHN A sold $548,984 worth of stock or 8,800 shares. On Friday, October 27 the insider HANSEN DENNIS R sold $1.09M.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.34, from 1.3 in 2017Q2. It dropped, as 9 investors sold WABC shares while 39 reduced holdings. 9 funds opened positions while 37 raised stakes. 22.22 million shares or 2.68% more from 21.64 million shares in 2017Q2 were reported. Vanguard Group Inc Incorporated invested in 2.69M shares. Moreover, Aperio Gru Lc has 0% invested in Westamerica Bancorporation (NASDAQ:WABC) for 13,529 shares. Morgan Stanley holds 0% of its portfolio in Westamerica Bancorporation (NASDAQ:WABC) for 83,894 shares. State Of Tennessee Treasury Department invested in 22,916 shares. Moreover, Tiaa Cref Invest Limited Liability Company has 0% invested in Westamerica Bancorporation (NASDAQ:WABC). Denver Invest Advsrs Limited Liability Corporation reported 167,354 shares. Pacad Inv holds 0.01% or 401 shares in its portfolio. Parkside Retail Bank & Tru accumulated 0% or 4 shares. Mairs And Power Inc owns 5,359 shares. Legal & General Public Ltd Com has 0% invested in Westamerica Bancorporation (NASDAQ:WABC). Moreover, Panagora Asset Mngmt has 0% invested in Westamerica Bancorporation (NASDAQ:WABC). Renaissance Tech Lc accumulated 8,100 shares or 0% of the stock. State Teachers Retirement System stated it has 0.01% of its portfolio in Westamerica Bancorporation (NASDAQ:WABC). Richard Bernstein Advsr Ltd Liability holds 60,551 shares. 173,902 are owned by Schwab Charles Inv Management.

Paradigm Asset Management Co Llc, which manages about $386.05 billion US Long portfolio, upped its stake in Baidu Com Inc (NASDAQ:BIDU) by 1,000 shares to 1,500 shares, valued at $371.54M in 2017Q3, according to the filing. It also increased its holding in Grupo Televisa Sa (NYSE:TV) by 5,000 shares in the quarter, for a total of 11,100 shares, and has risen its stake in Imperial Oil Ltd (NYSEMKT:IMO).

Amarillo National Bank, which manages about $290.84 million 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 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. 1.87M were reported by Glenmede Trust Na. Bollard Grp Inc Ltd Liability Com stated it has 0.34% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Moreover, First Merchants has 2.33% invested in JPMorgan Chase & Co. (NYSE:JPM). Burney Com has 0.28% invested in JPMorgan Chase & Co. (NYSE:JPM) for 46,619 shares. Riverbridge Partners Lc reported 10,575 shares. The Ohio-based Advisors Limited Limited Liability has invested 0.06% in JPMorgan Chase & Co. (NYSE:JPM). Cibc Bankshares Usa holds 48,745 shares or 0.61% of its portfolio. Kanawha Cap Mngmt Lc accumulated 1.68% or 115,155 shares. Moreover, Timber Creek Capital Management Lc has 0.13% invested in JPMorgan Chase & Co. (NYSE:JPM). Sun Life Financial has invested 0.24% in JPMorgan Chase & Co. (NYSE:JPM). S&Co Inc accumulated 25,021 shares. Moreover, Kames Capital Public Limited Liability Corp has 3.48% invested in JPMorgan Chase & Co. (NYSE:JPM) for 1.33M shares. Farmers Bancshares accumulated 0.8% or 13,840 shares. Illinois-based Barrington Strategic Wealth Mgmt Gp Ltd Liability has invested 1.91% in JPMorgan Chase & Co. (NYSE:JPM). First Commercial Bank Of Hutchinson has invested 0.16% in JPMorgan Chase & Co. (NYSE:JPM).

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