As Nextera Energy (NEE) Stock Price Rose, Somerset Group Has Increased Its Stake by $303,732; Matthew 25 Management Holding in Jp Morgan Chase & Co (JPM) Has Cut by $530,000

May 23, 2018 - By Louis Casey

NextEra Energy, Inc. (NYSE:NEE) Logo

Somerset Group Llc increased its stake in Nextera Energy Inc (NEE) by 27.86% based on its latest 2017Q4 regulatory filing with the SEC. Somerset Group Llc bought 1,947 shares as the company’s stock rose 5.21% while stock markets declined. The institutional investor held 8,935 shares of the public utilities company at the end of 2017Q4, valued at $1.40M, up from 6,988 at the end of the previous reported quarter. Somerset Group Llc who had been investing in Nextera Energy Inc for a number of months, seems to be bullish on the $75.39 billion market cap company. The stock increased 0.31% or $0.49 during the last trading session, reaching $159.92. About 383,612 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 24.02% since May 23, 2017 and is uptrending. It has outperformed by 12.47% the S&P500.

Matthew 25 Management Corp decreased its stake in Jp Morgan Chase & Co (JPM) by 1.79% based on its latest 2017Q4 regulatory filing with the SEC. Matthew 25 Management Corp sold 5,000 shares as the company’s stock rose 0.67% while stock markets declined. The institutional investor held 275,000 shares of the major banks company at the end of 2017Q4, valued at $29.41 million, down from 280,000 at the end of the previous reported quarter. Matthew 25 Management Corp who had been investing in Jp Morgan Chase & Co for a number of months, seems to be less bullish one the $381.35 billion market cap company. The stock decreased 0.88% or $0.99 during the last trading session, reaching $112.02. About 2.18 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since May 23, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.26 earnings per share, up 24.18% or $0.44 from last year’s $1.82 per share. JPM’s profit will be $7.69 billion for 12.39 P/E if the $2.26 EPS becomes a reality. After $2.37 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -4.64% negative EPS growth.

Among 34 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 120 analyst reports since July 21, 2015 according to SRatingsIntel. Vining Sparks maintained it with “Outperform” rating and $95 target in Friday, April 28 report. The firm has “Mkt Perform” rating given on Tuesday, January 17 by Keefe Bruyette & Woods. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Friday, September 15 by Jefferies. As per Wednesday, January 24, the company rating was maintained by Credit Suisse. The firm has “Hold” rating given on Wednesday, November 15 by Robert W. Baird. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Overweight” rating by Morgan Stanley on Friday, February 2. As per Wednesday, February 21, the company rating was maintained by Morgan Stanley. The stock has “Sell” rating by Berenberg on Wednesday, July 13. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by Jefferies on Tuesday, July 21. The firm has “Outperform” rating by Credit Suisse given on Monday, March 19.

Matthew 25 Management Corp, which manages about $821.26M and $369.12M US Long portfolio, upped its stake in Facebook Inc. (NASDAQ:FB) by 1,750 shares to 37,750 shares, valued at $6.66 million in 2017Q4, according to the filing.

Since January 13, 2018, it had 3 buys, and 8 selling transactions for $18.63 million activity. On Tuesday, January 16 CROWN JAMES S bought $825,327 worth of JPMorgan Chase & Co. (NYSE:JPM) or 7,280 shares. 16,434 JPMorgan Chase & Co. (NYSE:JPM) shares with value of $1.84M were sold by BACON ASHLEY. The insider Giles Nicole sold 3,783 shares worth $425,399. Petno Douglas B had sold 48,344 shares worth $5.43M on Saturday, January 13. $2.00M worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by HOBSON MELLODY L. Another trade for 65,101 shares valued at $7.31M was sold by Erdoes Mary E..

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.03, from 0.91 in 2017Q3. It is negative, as 55 investors sold JPM shares while 802 reduced holdings. 142 funds opened positions while 611 raised stakes. 2.46 billion shares or 1.60% less from 2.50 billion shares in 2017Q3 were reported. Lvm Cap Mngmt Mi holds 6,456 shares. Vantage Prtn Limited Liability Corporation holds 1.55% in JPMorgan Chase & Co. (NYSE:JPM) or 15,964 shares. Cubist Systematic Strategies Limited Liability accumulated 46,861 shares or 0.27% of the stock. Sta Wealth Mgmt Ltd Liability Corporation reported 6,943 shares. Invsts Asset Mgmt Of Georgia Inc Ga Adv accumulated 32,644 shares. Checchi Cap Advisers Limited Com owns 0.51% invested in JPMorgan Chase & Co. (NYSE:JPM) for 35,310 shares. Moreover, North Star Inv Mgmt has 3.65% invested in JPMorgan Chase & Co. (NYSE:JPM). Hamilton Point Inv Advsr Ltd, North Carolina-based fund reported 3,798 shares. Rockshelter Mngmt Limited Liability Corp has 6.25% invested in JPMorgan Chase & Co. (NYSE:JPM) for 182,774 shares. Sit Inv Associate Inc reported 1.5% stake. Sheets Smith Wealth holds 0.59% or 23,227 shares. Pnc Finance Grp Inc Inc owns 10.34 million shares. Public Employees Retirement Association Of Colorado, Colorado-based fund reported 2.39M shares. Wexford Cap Limited Partnership reported 103,948 shares. Carlton Hofferkamp & Jenks Wealth Management Ltd Liability Corporation holds 0.77% or 11,527 shares in its portfolio.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “JPMorgan doubles down on AI” on May 04, 2018, also Seekingalpha.com with their article: “JPMorgan: Magnificent Morgan” published on April 30, 2018, Seekingalpha.com published: “JPMorgan Chase: A Compelling Upside Case” on May 03, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “King Dimon – For Now | JPMorgan” published on April 26, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Insider Buys Of The Week: JPMorgan, Philip Morris And More” with publication date: May 20, 2018.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.09, from 0.95 in 2017Q3. It is positive, as 36 investors sold NEE shares while 405 reduced holdings. 112 funds opened positions while 347 raised stakes. 340.36 million shares or 1.17% less from 344.40 million shares in 2017Q3 were reported. Cullen Frost Bankers stated it has 0.19% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). James Invest invested in 290 shares. Paragon Capital Management Ltd Liability Com stated it has 0.25% in NextEra Energy, Inc. (NYSE:NEE). Blb&B Advisors Limited Liability holds 20,093 shares. Bkd Wealth Advisors Limited holds 0.03% of its portfolio in NextEra Energy, Inc. (NYSE:NEE) for 1,837 shares. State Of Alaska Department Of Revenue has 0.28% invested in NextEra Energy, Inc. (NYSE:NEE). Panagora Asset Mgmt reported 0.16% stake. Ftb holds 6,908 shares. D Scott Neal reported 242 shares stake. Pension Ser reported 382,949 shares. Guardian Life Com Of America holds 1,516 shares. Cedar Hill Associate Limited Company holds 6,953 shares or 0.19% of its portfolio. 15,362 were accumulated by Efg Asset (Americas) Corp. Nuveen Asset Mngmt Ltd Liability Corp owns 306,699 shares. Baystate Wealth Lc holds 0.03% or 1,449 shares.

More important recent NextEra Energy, Inc. (NYSE:NEE) news were published by: Seekingalpha.com which released: “NextEra Energy’s (NEE) NextEra Energy to Acquire Gulf Power, Florida City Gas and Two Natural Gas Facilities from …” on May 22, 2018, also Fool.com published article titled: “3 Top Utility Stocks for Dividend Growth Investors”, Marketwatch.com published: “NextEra Energy to buy some of Southern Co.’s Florida assets in a deal valued at $6.5 billion” on May 21, 2018. More interesting news about NextEra Energy, Inc. (NYSE:NEE) was released by: Streetinsider.com and their article: “Wall Street to rally as US-China put trade war ‘on hold'” with publication date: May 21, 2018.

Since February 6, 2018, it had 0 buys, and 9 selling transactions for $25.16 million activity. ROBO JAMES L had sold 81,489 shares worth $12.78 million on Thursday, May 17. Pimentel Armando Jr sold $1.40M worth of stock. 11,114 shares were sold by Silagy Eric E, worth $1.79 million on Monday, May 14. 13,890 shares valued at $2.16M were sold by Nazar Manoochehr K on Monday, February 26. Sieving Charles E had sold 2,844 shares worth $439,881 on Thursday, February 15. Arechabala Miguel also sold $803,691 worth of NextEra Energy, Inc. (NYSE:NEE) on Thursday, March 15.

JPMorgan Chase & Co. (NYSE:JPM) Institutional Positions Chart

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