Rothschild Asset Management Has Trimmed Its Holding in Jpmorgan Chase & Co (JPM) as Market Value Declined; Seabridge Investment Advisors Has Trimmed Its Position in Crown Holdings (CCK) as Stock Rose

October 8, 2017 - By Winifred Garcia

Seabridge Investment Advisors Llc decreased its stake in Crown Holdings Inc. (CCK) by 69.06% based on its latest 2017Q2 regulatory filing with the SEC. Seabridge Investment Advisors Llc sold 13,239 shares as the company’s stock rose 6.12% with the market. The institutional investor held 5,932 shares of the consumer durables company at the end of 2017Q2, valued at $354,000, down from 19,171 at the end of the previous reported quarter. Seabridge Investment Advisors Llc who had been investing in Crown Holdings Inc. for a number of months, seems to be less bullish one the $8.18 billion market cap company. The stock increased 0.33% or $0.2 on October 6, reaching $60.62. About 955,819 shares traded or 24.66% up from the average. Crown Holdings, Inc. (NYSE:CCK) has risen 7.50% since October 8, 2016 and is uptrending. It has underperformed by 9.20% the S&P500.

Rothschild Asset Management Inc decreased its stake in Jpmorgan Chase & Co (JPM) by 1.36% based on its latest 2017Q2 regulatory filing with the SEC. Rothschild Asset Management Inc sold 24,551 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 1.78 million shares of the major banks company at the end of 2017Q2, valued at $162.64M, down from 1.80M at the end of the previous reported quarter. Rothschild Asset Management Inc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $341.06B market cap company. The stock decreased 0.18% or $0.17 on October 6, reaching $96.92. About 10.23 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since October 8, 2016 and is uptrending. It has outperformed by 17.04% the S&P500.

Among 13 analysts covering Crown Holdings (NYSE:CCK), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Crown Holdings had 35 analyst reports since July 22, 2015 according to SRatingsIntel. The company was downgraded on Thursday, November 12 by Wells Fargo. The firm has “Buy” rating given on Thursday, April 13 by BMO Capital Markets. The stock of Crown Holdings, Inc. (NYSE:CCK) earned “Buy” rating by BMO Capital Markets on Friday, June 23. The company was initiated on Tuesday, November 10 by Macquarie Research. Vertical Research downgraded the stock to “Hold” rating in Monday, April 25 report. The company was upgraded on Wednesday, July 22 by TheStreet. The rating was maintained by Jefferies with “Buy” on Thursday, July 13. As per Tuesday, April 19, the company rating was maintained by Credit Suisse. On Friday, February 19 the stock rating was upgraded by Bank of America to “Buy”. The firm earned “Buy” rating on Monday, September 25 by RBC Capital Markets.

Seabridge Investment Advisors Llc, which manages about $689.24M and $415.94M US Long portfolio, upped its stake in Vanguard Short (VCSH) by 6,240 shares to 38,140 shares, valued at $3.05 million in 2017Q2, according to the filing. It also increased its holding in Harley (NYSE:HOG) by 29,310 shares in the quarter, for a total of 121,818 shares, and has risen its stake in Int’l Bus Machines (NYSE:IBM).

Since May 19, 2017, it had 0 insider purchases, and 1 sale for $56,048 activity.

Analysts await Crown Holdings, Inc. (NYSE:CCK) to report earnings on October, 18. They expect $1.41 earnings per share, up 6.02% or $0.08 from last year’s $1.33 per share. CCK’s profit will be $190.26M for 10.75 P/E if the $1.41 EPS becomes a reality. After $1.12 actual earnings per share reported by Crown Holdings, Inc. for the previous quarter, Wall Street now forecasts 25.89% EPS growth.

Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.17, from 1.02 in 2017Q1. It is negative, as 36 investors sold CCK shares while 106 reduced holdings. 33 funds opened positions while 87 raised stakes. 120.15 million shares or 2.54% less from 123.29 million shares in 2017Q1 were reported. Lpl Lc owns 11,443 shares or 0% of their US portfolio. Sumitomo Mitsui Asset Limited invested 0.01% in Crown Holdings, Inc. (NYSE:CCK). Rocky Mountain Advisers has 45 shares for 0.01% of their portfolio. Marshall & Sullivan Wa has invested 2.91% in Crown Holdings, Inc. (NYSE:CCK). Acadian Asset Mngmt owns 9,194 shares for 0% of their portfolio. Tarbox Family Office holds 0.15% of its portfolio in Crown Holdings, Inc. (NYSE:CCK) for 5,100 shares. Renaissance Technology Limited Liability Co has 0.03% invested in Crown Holdings, Inc. (NYSE:CCK). Howe Rusling has 177 shares for 0% of their portfolio. Fmr Ltd Liability Company has 0% invested in Crown Holdings, Inc. (NYSE:CCK). Pennsylvania-based Brandywine Global Management Limited Liability has invested 0.62% in Crown Holdings, Inc. (NYSE:CCK). 3,800 were accumulated by City Holdings. Massmutual Tru Fsb Adv stated it has 0% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Advisory Net reported 0% in Crown Holdings, Inc. (NYSE:CCK). Us Bancorp De holds 0% of its portfolio in Crown Holdings, Inc. (NYSE:CCK) for 11,464 shares. Cooke Bieler LP invested in 1.68 million shares.

More news for Crown Holdings, Inc. (NYSE:CCK) were recently published by: Nasdaq.com, which released: “Reasons to Hold on to Crown Holdings (CCK) Stock for Now” on September 15, 2017. Zacks.com‘s article titled: “Crown Holdings to Build New Beverage Can Plant in Spain” and published on September 11, 2017 is yet another important article.

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. Grimes Communications holds 8,945 shares or 0.09% of its portfolio. Sand Hill Global Advsr Ltd Limited Liability Company owns 69,330 shares for 0.72% of their portfolio. Argent Ltd Liability reported 3.83% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Hudson Valley Inv Advsrs Adv accumulated 95,795 shares. Northeast Invest Mngmt owns 179,619 shares for 1.49% of their portfolio. 6,680 are held by Crestwood Advsrs Group Ltd Co. Supplemental Annuity Collective Of Nj accumulated 2.03% or 49,500 shares. Reynders Mcveigh Management Ltd Liability has 0.08% invested in JPMorgan Chase & Co. (NYSE:JPM) for 6,480 shares. Folger Nolan Fleming Douglas Management Inc, -based fund reported 91,836 shares. Stratos Wealth Ltd has 174,658 shares. Moreover, Tru Of Oklahoma has 0% invested in JPMorgan Chase & Co. (NYSE:JPM) for 3,100 shares. Moreover, Pitcairn has 0.55% invested in JPMorgan Chase & Co. (NYSE:JPM) for 50,043 shares. Sfmg Ltd Liability Corporation invested in 8,422 shares. Vnbtrust Association accumulated 0.19% or 5,061 shares. Rocky Mountain Advisers Ltd Liability Corp holds 558 shares.

Among 31 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 12 Hold. Therefore 55% are positive. JPMorgan Chase & Co had 75 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, August 12 report. As per Wednesday, September 16, the company rating was upgraded by BMO Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $85 target in Thursday, June 1 report. The firm has “Neutral” rating by Nomura given on Wednesday, February 24. Keefe Bruyette & Woods maintained it with “Hold” rating and $9200 target in Tuesday, June 6 report. As per Monday, July 17, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Portales Partners on Monday, February 22 to “Underperform”. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by RBC Capital Markets on Tuesday, September 26. Nomura downgraded the shares of JPM in report on Monday, January 25 to “Neutral” rating. Argus Research maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, January 15. Argus Research has “Buy” rating and $70.0 target.

Rothschild Asset Management Inc, which manages about $4.79 billion and $8.86B US Long portfolio, upped its stake in Cooper Cos Inc (NYSE:COO) by 7,170 shares to 116,899 shares, valued at $27.99M in 2017Q2, according to the filing. It also increased its holding in Insperity Inc (NYSE:NSP) by 17,244 shares in the quarter, for a total of 414,559 shares, and has risen its stake in Hope Bancorp Inc.

Since May 11, 2017, it had 0 insider purchases, and 1 sale for $568,100 activity.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Nasdaq.com which released: “JPMorgan Chase Reaches Analyst Target Price” on October 03, 2017, also Investorplace.com with their article: “Time to Bank on a Pullback in JP Morgan Chase & Co. (JPM) Stock” published on October 03, 2017, Investorplace.com published: “Trade of the Day: JPMorgan Chase & Co. (JPM)” on October 06, 2017. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Reuters.com and their article: “JPMorgan Chase extends urban renewal investments to Chicago” published on September 14, 2017 as well as Seekingalpha.com‘s news article titled: “Best Financial Stocks: JPMorgan” with publication date: October 05, 2017.

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