Jpmorgan Chase & Co (JPM) Market Value Declined While Consolidated Investment Group Increased Holding; Smith Thomas W Cut Its Position in Alliance Data Systems (ADS) as Shares Rose

December 8, 2017 - By Hazel Jackson

Smith Thomas W decreased its stake in Alliance Data Systems Corp (ADS) by 7.95% based on its latest 2017Q2 regulatory filing with the SEC. Smith Thomas W sold 1,200 shares as the company’s stock rose 0.06% with the market. The institutional investor held 13,900 shares of the business services company at the end of 2017Q2, valued at $3.57 million, down from 15,100 at the end of the previous reported quarter. Smith Thomas W who had been investing in Alliance Data Systems Corp for a number of months, seems to be less bullish one the $12.84B market cap company. The stock increased 1.13% or $2.59 during the last trading session, reaching $232.45. About 364,020 shares traded. Alliance Data Systems Corporation (NYSE:ADS) has risen 14.47% since December 8, 2016 and is uptrending. It has underperformed by 2.23% the S&P500.

Consolidated Investment Group Llc increased its stake in Jpmorgan Chase & Co (JPM) by 30.31% based on its latest 2017Q2 regulatory filing with the SEC. Consolidated Investment Group Llc bought 10,000 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 42,992 shares of the major banks company at the end of 2017Q2, valued at $3.93M, up from 32,992 at the end of the previous reported quarter. Consolidated Investment Group Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $362.95B market cap company. The stock decreased 0.30% or $0.31 during the last trading session, reaching $104.62. About 13.37 million shares traded or 6.63% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since December 8, 2016 and is uptrending. It has outperformed by 17.04% the S&P500.

Among 31 analysts covering Alliance Data Systems (NYSE:ADS), 16 have Buy rating, 3 Sell and 12 Hold. Therefore 52% are positive. Alliance Data Systems has $360 highest and $20 lowest target. $270.16’s average target is 16.22% above currents $232.45 stock price. Alliance Data Systems had 64 analyst reports since August 9, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 15 by Cowen & Co. The company was maintained on Thursday, November 2 by RBC Capital Markets. On Thursday, October 19 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Market Perform” rating by BMO Capital Markets on Friday, July 22. Compass Point upgraded the shares of ADS in report on Thursday, May 25 to “Neutral” rating. The firm earned “Buy” rating on Monday, September 18 by Jefferies. Atlantic Securities initiated the shares of ADS in report on Wednesday, October 5 with “Overweight” rating. The firm has “Underperform” rating given on Wednesday, August 17 by Credit Suisse. The company was maintained on Friday, October 13 by Piper Jaffray. BMO Capital Markets maintained it with “Hold” rating and $235.0 target in Monday, October 16 report.

More notable recent Alliance Data Systems Corporation (NYSE:ADS) news were published by: Nasdaq.com which released: “Alliance Data’s LoyaltyOne Inks Deal to Boost Client Service” on November 23, 2017, also Prnewswire.com with their article: “Alliance Data Provides Card Services Performance Update For October 2017” published on November 15, 2017, Prnewswire.com published: “Alliance Data’s LoyaltyOne Business Signs New Agreement With Loblaw Companies …” on November 21, 2017. More interesting news about Alliance Data Systems Corporation (NYSE:ADS) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Invesco, Highwoods Properties and Alliance Data Systems” published on November 09, 2017 as well as Nasdaq.com‘s news article titled: “Why Is Alliance Data (ADS) Down 3.5% Since the Last Earnings Report?” with publication date: November 21, 2017.

Investors sentiment increased to 0.85 in 2017 Q2. Its up 0.09, from 0.76 in 2017Q1. It increased, as 31 investors sold ADS shares while 186 reduced holdings. 56 funds opened positions while 129 raised stakes. 52.18 million shares or 4.15% less from 54.44 million shares in 2017Q1 were reported. Advantus Cap Mgmt reported 5,704 shares stake. 2,632 are owned by Lpl Ltd Liability. Boothbay Fund Ltd Company accumulated 0.43% or 8,041 shares. Mcf Advisors Ltd Llc accumulated 7 shares. 74 were accumulated by Group One Trading L P. State Of Tennessee Treasury Department owns 151,396 shares for 0.19% of their portfolio. Farmers Merchants Investments Inc accumulated 11 shares. Profund Advsrs Ltd invested in 0.02% or 1,434 shares. 5,750 were accumulated by Kornitzer Management Inc Ks. Sumitomo Mitsui Asset Management Limited holds 0.02% of its portfolio in Alliance Data Systems Corporation (NYSE:ADS) for 4,093 shares. 6,492 are held by Dekabank Deutsche Girozentrale. Winslow Evans & Crocker Incorporated owns 0% invested in Alliance Data Systems Corporation (NYSE:ADS) for 47 shares. The North Carolina-based Franklin Street Advsr Nc has invested 1% in Alliance Data Systems Corporation (NYSE:ADS). State Treasurer State Of Michigan holds 18,303 shares or 0.04% of its portfolio. 20,588 were accumulated by Korea Inv.

Analysts await Alliance Data Systems Corporation (NYSE:ADS) to report earnings on January, 25. They expect $4.78 EPS, up 7.42% or $0.33 from last year’s $4.45 per share. ADS’s profit will be $264.10M for 12.16 P/E if the $4.78 EPS becomes a reality. After $5.16 actual EPS reported by Alliance Data Systems Corporation for the previous quarter, Wall Street now forecasts -7.36% negative EPS growth.

Smith Thomas W, which manages about $113.26 million US Long portfolio, upped its stake in Copart Inc (NASDAQ:CPRT) by 51,688 shares to 103,376 shares, valued at $3.29 million in 2017Q2, according to the filing.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.32, from 0.87 in 2017Q1. It is positive, as 56 investors sold JPM shares while 678 reduced holdings. 146 funds opened positions while 731 raised stakes. 2.69 billion shares or 4.21% more from 2.58 billion shares in 2017Q1 were reported. Teewinot Advisers Ltd Liability Corp holds 3.54% or 79,180 shares. Holderness Communication reported 12,236 shares. Maltese Cap Llc invested in 122,700 shares or 1.07% of the stock. Highland Capital Mgmt Ltd Llc stated it has 2.52% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Td Asset Mgmt Inc accumulated 0.57% or 3.98M shares. Ionic Mgmt Ltd Co owns 25,000 shares. Rfg Advisory Grp Incorporated reported 0.45% stake. Newfocus Fincl Gru Limited Com invested 0.76% in JPMorgan Chase & Co. (NYSE:JPM). Beach Invest Management Ltd Liability holds 559,171 shares or 5.24% of its portfolio. Copeland Capital Mgmt Limited Liability Company stated it has 0.15% in JPMorgan Chase & Co. (NYSE:JPM). Cetera Advsr Limited Liability Company holds 0.34% in JPMorgan Chase & Co. (NYSE:JPM) or 58,965 shares. Moreover, Peregrine Asset Advisers Inc has 0.3% invested in JPMorgan Chase & Co. (NYSE:JPM). Moreover, First Eagle Inv Mngmt Lc has 0.01% invested in JPMorgan Chase & Co. (NYSE:JPM). Harding Loevner LP owns 570 shares for 0% of their portfolio. Cubist Systematic Strategies Ltd Liability Co accumulated 7,900 shares.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Investorplace.com which released: “Weak Industry Group Rank Drops JPMorgan Chase & Co (JPM) to Hold” on December 05, 2017, also Crainsdetroit.com with their article: “JPMorgan Chase grants $900000 for Detroit sustainability efforts” published on November 16, 2017, Businesswire.com published: “JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN” on November 21, 2017. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Businesswire.com and their article: “WePay Officially Becomes a Chase Company” published on December 04, 2017 as well as Investorplace.com‘s news article titled: “It’s Not Too Late to Go Long JPMorgan Chase & Co.” with publication date: November 29, 2017.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold. Therefore 53% are positive. JPMorgan Chase & Co has $110 highest and $52 lowest target. $89.23’s average target is -14.71% below currents $104.62 stock price. JPMorgan Chase & Co had 88 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, September 16 by BMO Capital Markets. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Neutral” rating given on Thursday, April 14 by Goldman Sachs. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by Jefferies on Friday, July 7. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by BMO Capital Markets on Thursday, June 1. The rating was maintained by Oppenheimer on Thursday, July 20 with “Hold”. Bruyette & Woods” upgraded the stock to “Outperform” rating in Monday, August 17 report. The firm earned “Buy” rating on Monday, November 13 by RBC Capital Markets. The rating was maintained by Vining Sparks with “Outperform” on Friday, April 28. The firm has “Outperform” rating given on Monday, July 17 by Credit Suisse. The company was maintained on Monday, October 5 by Citigroup.

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