As Jpmorgan Chase & Co (JPM) Valuation Declined, Manchester Capital Management Has Trimmed Its Position by $507,395; As Masco (MAS) Stock Value Rose, Pdt Partners Trimmed Its Position by $1.80 Million

February 20, 2018 - By Ellis Scott

Peter Muller decreased its stake in Masco Corp (MAS) by 6.51% based on its latest 2017Q3 regulatory filing with the SEC. Pdt Partners Llc sold 46,234 shares as the company’s stock rose 10.38% with the market. The hedge fund run by Peter Muller held 663,600 shares of the forest products company at the end of 2017Q3, valued at $25.89M, down from 709,834 at the end of the previous reported quarter. Pdt Partners Llc who had been investing in Masco Corp for a number of months, seems to be less bullish one the $13.33 billion market cap company. The stock decreased 1.57% or $0.68 during the last trading session, reaching $42.53. About 1.76 million shares traded. Masco Corporation (NYSE:MAS) has risen 18.02% since February 20, 2017 and is uptrending. It has outperformed by 1.32% the S&P500.

Manchester Capital Management Llc decreased its stake in Jpmorgan Chase & Co (JPM) by 39.86% based on its latest 2017Q3 regulatory filing with the SEC. Manchester Capital Management Llc sold 5,341 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 8,058 shares of the major banks company at the end of 2017Q3, valued at $770,000, down from 13,399 at the end of the previous reported quarter. Manchester Capital Management Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $393.21B market cap company. The stock increased 0.11% or $0.13 during the last trading session, reaching $114.81. About 9.48 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 20, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Pdt Partners Llc, which manages about $4.99 billion and $3.02 billion US Long portfolio, upped its stake in Gms Inc by 86,161 shares to 161,261 shares, valued at $5.71 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (EFA) by 4,600 shares in the quarter, for a total of 12,700 shares, and has risen its stake in Appfolio Inc.

Among 23 analysts covering Masco (NYSE:MAS), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Masco had 60 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Argus Research with “Buy” on Thursday, October 26. Jefferies maintained the shares of MAS in report on Wednesday, October 11 with “Buy” rating. On Wednesday, January 6 the stock rating was upgraded by Macquarie Research to “Outperform”. The rating was maintained by FBR Capital on Friday, February 9 with “Buy”. RBC Capital Markets maintained it with “Buy” rating and $4300 target in Monday, July 17 report. The rating was initiated by Wells Fargo on Thursday, September 29 with “Outperform”. The rating was initiated by Goldman Sachs on Tuesday, October 6 with “Buy”. The company was maintained on Thursday, April 7 by Barclays Capital. The firm has “Buy” rating given on Thursday, July 13 by Jefferies. The stock has “Buy” rating by Jefferies on Tuesday, August 22.

Since September 8, 2017, it had 0 buys, and 4 selling transactions for $2.95 million activity. Shares for $682,254 were sold by Lindow John P on Thursday, October 26. 52,511 shares valued at $2.09M were sold by Sznewajs John G on Friday, October 27. 2,337 shares were sold by Gross Joseph B., worth $87,708 on Friday, September 8.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.08, from 1.06 in 2017Q2. It is negative, as 49 investors sold MAS shares while 180 reduced holdings. 60 funds opened positions while 165 raised stakes. 275.40 million shares or 0.11% more from 275.10 million shares in 2017Q2 were reported. Oregon Public Employees Retirement Fund owns 0.02% invested in Masco Corporation (NYSE:MAS) for 34,876 shares. Atlantic Trust Grp holds 283,339 shares or 0.05% of its portfolio. Exane Derivatives holds 0.35% or 47,613 shares. Advsr Cap Mgmt Limited Liability invested in 161,635 shares or 0.51% of the stock. Lazard Asset Management Limited Liability Corporation reported 30,069 shares or 0% of all its holdings. Quantitative Investment Mngmt Llc holds 0.05% or 119,100 shares in its portfolio. Kentucky Retirement Insurance Trust Fund reported 0.06% stake. Creative Planning holds 0% or 26,207 shares. Glob X Ltd Liability Corporation holds 0.01% in Masco Corporation (NYSE:MAS) or 6,663 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.19% or 529,684 shares. 926 were accumulated by Tower Research Ltd Liability Corp (Trc). Robeco Institutional Asset Mgmt Bv, Netherlands-based fund reported 65,502 shares. Chicago Equity Partners Ltd Liability Corp, Illinois-based fund reported 13,670 shares. 730,435 were accumulated by State Of Wisconsin Inv Board. Commonwealth Equity Ser Incorporated invested 0.01% of its portfolio in Masco Corporation (NYSE:MAS).

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It fall, 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. Wilbanks Smith And Thomas Asset Management Limited Liability Corp has invested 0.19% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Tiger Management has 4.14% invested in JPMorgan Chase & Co. (NYSE:JPM) for 239,600 shares. Southeast Asset invested in 0.06% or 2,133 shares. Ghp Invest Advsr stated it has 0.76% in JPMorgan Chase & Co. (NYSE:JPM). Eads & Heald Investment Counsel has invested 1.45% in JPMorgan Chase & Co. (NYSE:JPM). Odey Asset Group, United Kingdom-based fund reported 45,000 shares. Fil Limited reported 4.15 million shares stake. Connecticut-based Hartford Investment has invested 1.44% in JPMorgan Chase & Co. (NYSE:JPM). Capstone Fincl Advsrs Inc has 59,623 shares for 2.53% of their portfolio. Argent has 108,716 shares for 2.84% of their portfolio. M&R invested 1.78% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Mu Invests accumulated 1,430 shares. Horizon Kinetics reported 0.02% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Florida-based Dreman Value Mngmt L L C has invested 2.1% in JPMorgan Chase & Co. (NYSE:JPM). Central Secs Corp holds 3.27% or 200,000 shares.

Since August 21, 2017, it had 1 insider purchase, and 9 insider sales for $22.34 million activity. 26,532 shares valued at $3.01 million were sold by Scher Peter on Friday, January 19. Giles Nicole sold 3,783 shares worth $425,399. Friedman Stacey sold $214,019 worth of stock. Another trade for 48,344 shares valued at $5.43M was made by Petno Douglas B on Saturday, January 13. BACON ASHLEY had sold 16,434 shares worth $1.84M. $1.03M worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Lake Marianne.

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. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, January 3. The stock has “Buy” rating by Jefferies on Tuesday, June 6. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, September 16. Robert W. Baird maintained the shares of JPM in report on Wednesday, November 15 with “Hold” rating. The firm earned “Neutral” rating on Friday, October 13 by Robert W. Baird. As per Monday, October 10, the company rating was maintained by Jefferies. Goldman Sachs maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Thursday, April 14. Goldman Sachs has “Neutral” rating and $69 target. As per Friday, July 7, the company rating was maintained by Jefferies. Societe Generale downgraded JPMorgan Chase & Co. (NYSE:JPM) rating on Tuesday, January 9. Societe Generale has “Hold” rating and $120.5 target. Wells Fargo maintained the shares of JPM in report on Wednesday, December 20 with “Buy” rating.

Manchester Capital Management Llc, which manages about $2.59B and $645.43 million US Long portfolio, upped its stake in Vanguard Index Fds (VO) by 2,546 shares to 76,808 shares, valued at $11.29M in 2017Q3, according to the filing.

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