Point72 Asset Management LP Has Decreased Its Dave & Busters Entmt (Call) (PLAY) Holding as Stock Value Declined; Spinnaker Trust Holds Holding in Jpmorgan Chase & Co (JPM)

April 19, 2018 - By Adrian Erickson

JPMorgan Chase & Co. (NYSE:JPM) Logo

Steve Cohen decreased its stake in Dave & Busters Entmt Inc (Call) (PLAY) by 50% based on its latest 2017Q4 regulatory filing with the SEC. Point72 Asset Management Lp sold 200,000 shares as the company’s stock declined 25.85% with the market. The hedge fund run by Steve Cohen held 200,000 shares of the consumer services company at the end of 2017Q4, valued at $11.03 million, down from 400,000 at the end of the previous reported quarter. Point72 Asset Management Lp who had been investing in Dave & Busters Entmt Inc (Call) for a number of months, seems to be less bullish one the $1.69 billion market cap company. The stock decreased 0.54% or $0.23 during the last trading session, reaching $42.52. About 749,236 shares traded. Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) has declined 32.19% since April 19, 2017 and is downtrending. It has underperformed by 43.74% the S&P500.

Spinnaker Trust increased its stake in Jpmorgan Chase & Co (JPM) by 30.74% based on its latest 2017Q4 regulatory filing with the SEC. Spinnaker Trust bought 5,332 shares as the company’s stock rose 0.67% while stock markets declined. The institutional investor held 22,678 shares of the major banks company at the end of 2017Q4, valued at $2.43 million, up from 17,346 at the end of the previous reported quarter. Spinnaker Trust who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $372.83 billion market cap company. The stock decreased 0.81% or $0.89 during the last trading session, reaching $109.32. About 16.08M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since April 19, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Spinnaker Trust, which manages about $861.66M US Long portfolio, decreased its stake in Polaris Inds Inc (NYSE:PII) by 3,102 shares to 2,124 shares, valued at $263,000 in 2017Q4, according to the filing. It also reduced its holding in Aqua America Inc (NYSE:WTR) by 60,534 shares in the quarter, leaving it with 19,560 shares, and cut its stake in Nike Inc Cl B (NYSE:NKE).

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.03, from 0.91 in 2017Q3. It worsened, 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. Morgan Stanley has 1.03% invested in JPMorgan Chase & Co. (NYSE:JPM) for 35.14 million shares. Toth Financial Advisory invested 0.06% in JPMorgan Chase & Co. (NYSE:JPM). Needelman Asset Mngmt Incorporated reported 14,918 shares or 3.99% of all its holdings. Apg Asset Management Nv stated it has 7.38M shares. 6,448 are owned by Halbert Hargrove Russell Ltd Liability Corp. B And T Dba Alpha owns 42,544 shares. Evermay Wealth Mngmt Ltd holds 0.82% or 20,923 shares in its portfolio. State Treasurer State Of Michigan invested 1.85% in JPMorgan Chase & Co. (NYSE:JPM). Bank & Trust Of Nova Scotia has 0.55% invested in JPMorgan Chase & Co. (NYSE:JPM) for 1.12M shares. Moreover, Whitnell & has 0.34% invested in JPMorgan Chase & Co. (NYSE:JPM) for 7,674 shares. South State Corp has 1.94% invested in JPMorgan Chase & Co. (NYSE:JPM) for 167,908 shares. Fulton Breakefield Broenniman Ltd stated it has 1.82% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Clean Yield Group Inc owns 5,956 shares. Moors Cabot accumulated 1.19% or 83,991 shares. Brown Mgmt Ltd Company accumulated 11,541 shares.

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 119 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, October 5 by Citigroup. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, December 12. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Monday, July 17 by Credit Suisse. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Credit Suisse on Thursday, January 11. The firm has “Market Perform” rating given on Friday, October 13 by BMO Capital Markets. Barclays Capital maintained JPMorgan Chase & Co. (NYSE:JPM) on Tuesday, January 3 with “Overweight” rating. Credit Suisse upgraded it to “Buy” rating and $12700 target in Thursday, April 12 report. The firm earned “Buy” rating on Tuesday, February 13 by Keefe Bruyette & Woods. Oppenheimer maintained the stock with “Hold” rating in Thursday, July 20 report. The rating was maintained by RBC Capital Markets on Monday, July 17 with “Buy”.

Since October 25, 2017, it had 1 insider purchase, and 9 sales for $22.34 million activity. $1.91 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Scher Peter. $425,399 worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Giles Nicole. The insider Friedman Stacey sold 2,099 shares worth $214,019. Lake Marianne had sold 9,194 shares worth $1.03 million on Saturday, January 13. On Saturday, January 13 BACON ASHLEY sold $1.84M worth of JPMorgan Chase & Co. (NYSE:JPM) or 16,434 shares. 7,280 shares were bought by CROWN JAMES S, worth $825,327.

Analysts await Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) to report earnings on June, 5. They expect $0.93 EPS, up 6.90% or $0.06 from last year’s $0.87 per share. PLAY’s profit will be $36.90 million for 11.43 P/E if the $0.93 EPS becomes a reality. After $0.61 actual EPS reported by Dave & Buster's Entertainment, Inc. for the previous quarter, Wall Street now forecasts 52.46% EPS growth.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.45, from 1.41 in 2017Q3. It fall, as 42 investors sold PLAY shares while 79 reduced holdings. 44 funds opened positions while 72 raised stakes. 44.03 million shares or 1.02% less from 44.48 million shares in 2017Q3 were reported. First Quadrant Ltd Partnership Ca accumulated 5,829 shares or 0.01% of the stock. 155,515 were accumulated by Summit Creek Advsrs Ltd Liability Com. Lpl Financial Ltd Liability invested in 3,999 shares. Balyasny Asset reported 0.13% in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY). Mackenzie Financial Corporation holds 0.21% or 1.55 million shares. Scopus Asset Limited Partnership reported 520,000 shares. Wells Fargo Co Mn has invested 0% in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY). Kornitzer Cap Mngmt Ks has 170,545 shares for 0.16% of their portfolio. Swiss Commercial Bank has 0% invested in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) for 69,973 shares. Zacks Invest Mngmt invested in 0.05% or 41,884 shares. 3,645 are held by Fortaleza Asset Mngmt. Moreover, Voya Inv Mgmt Llc has 0.11% invested in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY). Louisiana State Employees Retirement System owns 0.04% invested in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) for 17,700 shares. Soros Fund Mgmt Limited Liability Company has invested 0.75% of its portfolio in Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY). Stratos Wealth Prns Limited holds 0% or 1,483 shares.

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

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