Hawk Ridge Management Position in Forward Air (FWRD) Cut as Share Price Declined; Autus Asset Management Has Increased Its Jpmorgan Chase & Co (JPM) Holding by $338,200

January 14, 2018 - By Richard Conner

Autus Asset Management Llc increased its stake in Jpmorgan Chase & Co (JPM) by 8.58% based on its latest 2017Q3 regulatory filing with the SEC. Autus Asset Management Llc bought 3,560 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 45,028 shares of the major banks company at the end of 2017Q3, valued at $4.30M, up from 41,468 at the end of the previous reported quarter. Autus Asset Management Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $390.88B market cap company. The stock increased 1.65% or $1.83 during the last trading session, reaching $112.67. About 18.88M shares traded or 45.90% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since January 14, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Hawk Ridge Management Llc decreased its stake in Forward Air Corp (FWRD) by 15.91% based on its latest 2017Q3 regulatory filing with the SEC. Hawk Ridge Management Llc sold 45,273 shares as the company’s stock declined 0.76% while stock markets rallied. The institutional investor held 239,313 shares of the oil refining and marketing company at the end of 2017Q3, valued at $13.70M, down from 284,586 at the end of the previous reported quarter. Hawk Ridge Management Llc who had been investing in Forward Air Corp for a number of months, seems to be less bullish one the $1.80B market cap company. The stock increased 0.08% or $0.05 during the last trading session, reaching $60.52. About 255,581 shares traded or 72.33% up from the average. Forward Air Corporation (NASDAQ:FWRD) has risen 16.39% since January 14, 2017 and is uptrending. It has underperformed by 0.31% the S&P500.

Since July 31, 2017, it had 0 insider purchases, and 3 sales for $1.21 million activity.

Investors sentiment increased to 1.9 in 2017 Q3. Its up 0.60, from 1.3 in 2017Q2. It is positive, as 6 investors sold FWRD shares while 44 reduced holdings. 29 funds opened positions while 66 raised stakes. 28.18 million shares or 2.37% less from 28.87 million shares in 2017Q2 were reported. Public Employees Retirement System Of Ohio stated it has 56,848 shares. Arrowmark Colorado Ltd reported 1.5% in Forward Air Corporation (NASDAQ:FWRD). Amer Intll holds 0% in Forward Air Corporation (NASDAQ:FWRD) or 23,811 shares. Segall Bryant & Hamill Limited Liability Corp owns 90,081 shares. Parametrica Management Limited reported 6,812 shares. 605,148 were reported by Fenimore Asset Management. 7,783 were accumulated by Los Angeles Capital & Equity Research Inc. Prudential Fincl owns 0.01% invested in Forward Air Corporation (NASDAQ:FWRD) for 55,927 shares. Piedmont Advsr Lc has 6,600 shares. Cwm Ltd Limited Liability Company holds 0% or 41 shares. Blackrock Inc invested in 3.80 million shares. Tower Capital Lc (Trc) holds 4,325 shares. Gsa Capital Prtn Llp reported 9,373 shares or 0.04% of all its holdings. Tiaa Cref Invest Mgmt Limited Com holds 0.01% of its portfolio in Forward Air Corporation (NASDAQ:FWRD) for 150,528 shares. Financial Bank Of America Corp De invested in 219,983 shares.

Analysts await Forward Air Corporation (NASDAQ:FWRD) to report earnings on February, 14. They expect $0.62 EPS, up 6.90% or $0.04 from last year’s $0.58 per share. FWRD’s profit will be $18.46M for 24.40 P/E if the $0.62 EPS becomes a reality. After $0.60 actual EPS reported by Forward Air Corporation for the previous quarter, Wall Street now forecasts 3.33% EPS growth.

Among 9 analysts covering Forward Air (NASDAQ:FWRD), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Forward Air had 25 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Market Perform” on Tuesday, September 20. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Hold” rating given on Thursday, October 26 by Stifel Nicolaus. Robert W. Baird upgraded Forward Air Corporation (NASDAQ:FWRD) rating on Tuesday, November 17. Robert W. Baird has “Outperform” rating and $55 target. The firm has “Peer Perform” rating by Wolfe Research given on Tuesday, August 1. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Hold” rating given on Monday, October 16 by Cowen & Co. KeyBanc Capital Markets maintained Forward Air Corporation (NASDAQ:FWRD) on Tuesday, September 19 with “Hold” rating. As per Tuesday, October 24, the company rating was maintained by KeyBanc Capital Markets. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Market Perform” rating given on Thursday, February 11 by Cowen & Co. The firm has “Hold” rating given on Friday, November 10 by Robert W. Baird. The company was maintained on Monday, January 8 by Stephens.

Hawk Ridge Management Llc, which manages about $266.13 million US Long portfolio, upped its stake in Brightcove Inc (NASDAQ:BCOV) by 717,890 shares to 1.14 million shares, valued at $8.21M in 2017Q3, according to the filing. It also increased its holding in Orion Engineered Carbons S A (NYSE:OEC) by 181,437 shares in the quarter, for a total of 787,872 shares, and has risen its stake in Cross Ctry Healthcare Inc (NASDAQ:CCRN).

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.28, from 1.19 in 2017Q2. It worsened, 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. Forward Mngmt Ltd Llc reported 0.14% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Afam holds 1.36% or 118,268 shares in its portfolio. Deltec Asset Ltd Liability holds 0.05% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 2,800 shares. Weybosset Management Ltd Liability Com holds 0.23% or 3,590 shares. Royal Commercial Bank Of Scotland Grp Public Lc reported 401,436 shares or 9.51% of all its holdings. C World Holdings A S holds 10,300 shares or 0.01% of its portfolio. Fincl Advisers Llc has 0.55% invested in JPMorgan Chase & Co. (NYSE:JPM). Intrust Savings Bank Na reported 46,735 shares. 31,389 were accumulated by Tiemann Advsr Ltd Company. Natixis invested 1.37% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Ferguson Wellman Management Incorporated holds 455,312 shares or 1.57% of its portfolio. Lafayette Invests accumulated 7,875 shares or 0.28% of the stock. Co Of Toledo Na Oh holds 1.53% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 63,062 shares. Godshalk Welsh Management Inc accumulated 8,867 shares. Shelton accumulated 135,930 shares or 1.01% of the stock.

Since August 21, 2017, it had 0 insider buys, and 2 selling transactions for $1.12 million activity.

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 had 99 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, October 13. Morgan Stanley has “Overweight” rating and $107 target. The rating was upgraded by Atlantic Securities on Monday, January 18 to “Overweight”. Keefe Bruyette & Woods maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, July 14. Keefe Bruyette & Woods has “Hold” rating and $9400 target. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, December 6. The company was maintained on Wednesday, September 20 by Robert W. Baird. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, October 13. BMO Capital Markets has “Market Perform” rating and $91 target. On Monday, August 17 the stock rating was upgraded by KBW to “Outperform”. The rating was maintained by UBS on Friday, January 15 with “Neutral”. Atlantic Securities upgraded the stock to “Overweight” rating in Friday, January 15 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Underperform” rating by Portales Partners on Monday, February 22.

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