Front Barnett Associates Has Lowered Jpmorgan Chase & Co (JPM) Holding as Share Value Rose; Zazove Associates Lifted Genesis Energy LP (GEL) Position by $363,882

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Front Barnett Associates Llc decreased its stake in Jpmorgan Chase & Co (JPM) by 7.27% based on its latest 2019Q2 regulatory filing with the SEC. Front Barnett Associates Llc sold 17,393 shares as the company’s stock rose 0.73% . The institutional investor held 221,812 shares of the major banks company at the end of 2019Q2, valued at $24.80 million, down from 239,205 at the end of the previous reported quarter. Front Barnett Associates Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $413.39 billion market cap company. The stock increased 1.56% or $2.02 during the last trading session, reaching $131.8. About 4.31M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has declined 0.63% since December 4, 2018 and is downtrending. It has underperformed by 0.63% the S&P500. Some Historical JPM News: 09/05/2018 – The New York Times Company to Webcast its Presentation at the 46th Annual J.P. Morgan Global Technology, Media and; 09/04/2018 – ANGLO AMERICAN PLC AAL.L : JP MORGAN RAISES TARGET PRICE TO 2010P FROM 2000P; 09/05/2018 – Hovnanian Presenting at JPMorgan Conference May 15; 07/03/2018 – CDI’s Carstanjen, Dall to Participate in J.P. Morgan’s Gaming, Lodging, Restaurant & Leisure Forum; 09/03/2018 – MOVES- JPMorgan, Multrees, Newmark Knight Frank; 14/05/2018 – JPMorgan to take majority stake in China JV; 15/05/2018 – EDPR EDPR.LS : JP MORGAN RAISES TARGET PRICE TO EUR 8.2 FROM EUR 7.8; 27/04/2018 – OIL STATES INTERNATIONAL INC OIS.N : JP MORGAN RAISES TARGET PRICE TO $32 FROM $28; 10/05/2018 – JELD-WEN Holding, Inc. to Participate in J.P. Morgan 2018 Homebuilding & Building Products Conference; 31/05/2018 – OCADO GROUP PLC OCDO.L : JP MORGAN RAISES TARGET PRICE TO 871P FROM 505P

Zazove Associates Llc increased its stake in Genesis Energy Lp (GEL) by 887.52% based on its latest 2019Q2 regulatory filing with the SEC. Zazove Associates Llc bought 181,941 shares as the company’s stock rose 4.15% . The institutional investor held 202,441 shares of the energy company at the end of 2019Q2, valued at $449,000, up from 20,500 at the end of the previous reported quarter. Zazove Associates Llc who had been investing in Genesis Energy Lp for a number of months, seems to be bullish on the $2.28B market cap company. It closed at $18.57 lastly. It is down 0.17% since December 4, 2018 and is downtrending. It has underperformed by 0.17% the S&P500. Some Historical GEL News: 15/05/2018 – 2018 Genesis G80 Sport Earns Five-Star Overall NHTSA Safety Rating; 25/05/2018 – TBC BANK – SUBSIDIARY JSC TBC BANK ACTED AS LEAD MANAGER AND UNDERWRITER FOR EUROPEAN BANK FOR GEL 120 MLN EUROBOND ISSUE UNDER GLOBAL MEDIUM TERM NOTE PROGRAMM; 09/03/2018 – Moody’s Places The Ratings For Genesis Housing Association Under Review For Upgrade On Anticipated Merger With Notting Hill Housing Group; 15/03/2018 – Genesis Energy, L.P. Discusses Recent Regulatory Policy Revision; 21/05/2018 – BANK OF GEORGIA – RETAIL BANKING REVENUE REACHED GEL 170.7MLN IN 1Q18, UP 20.9% Y-O-Y, BUT DOWN 3.0% Q-O-Q DUE TO SEASONALITY; 21/05/2018 – BANK OF GEORGIA – GEORGIA HEALTHCARE POSTED NET REVENUES OF GEL 207 MLN DURING QUARTER, AN INCREASE OF 11.4%; 08/03/2018 – EYEGATE PHARMACEUTICALS – SUBMITTED AMENDED IDE APPLICATION TO U.S. FDA FOR A PILOT STUDY OF EYEGATE OCULAR BANDAGE GEL; 11/05/2018 – Genesis Land 1Q EPS C$0.02; 15/04/2018 – GENESIS ENERGY LTD – BARBARA CHAPMAN REPLACES JOHN LEUCHARS AS NON-EXECUTIVE DIRECTOR; 28/04/2018 – NYC Parks & Rec: Month of Sundays at Genesis Community Garden Bronx

Front Barnett Associates Llc, which manages about $703.04 million and $596.13 million US Long portfolio, upped its stake in Salesforce.Com Inc. (NYSE:CRM) by 2,002 shares to 67,962 shares, valued at $10.31 million in 2019Q2, according to the filing.

Investors sentiment increased to 1.14 in Q2 2019. Its up 0.04, from 1.1 in 2019Q1. It is positive, as 46 investors sold JPM shares while 669 reduced holdings. 137 funds opened positions while 678 raised stakes. 2.21 billion shares or 4.87% less from 2.32 billion shares in 2019Q1 were reported. Greystone Managed, a Saskatchewan – Canada-based fund reported 145,659 shares. Accredited Investors Inc invested in 0.26% or 12,077 shares. White Pine Investment, a Michigan-based fund reported 43,323 shares. Counsel Ltd Llc, a New York-based fund reported 2,501 shares. Peoples Services invested 0.94% in JPMorgan Chase & Co. (NYSE:JPM). Canandaigua State Bank And invested in 2.74% or 133,279 shares. Thomas White Intll Ltd reported 0.27% stake. State Board Of Administration Of Florida Retirement Systems holds 1.25% or 4.29 million shares in its portfolio. Farr Miller & Washington Ltd Company Dc holds 3.11% or 336,819 shares in its portfolio. Everett Harris & Ca has 17,749 shares for 0.05% of their portfolio. 4,242 are owned by Quantum. Cim Inv Mangement accumulated 20,953 shares. Bartlett Lc reported 242,162 shares. Shine Investment Advisory owns 3,507 shares or 0.18% of their US portfolio. Security Comml Bank Of So Dak owns 3,519 shares for 0.46% of their portfolio.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on January, 14 before the open. They expect $2.26 EPS, up 14.14% or $0.28 from last year’s $1.98 per share. JPM’s profit will be $7.09B for 14.58 P/E if the $2.26 EPS becomes a reality. After $2.68 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -15.67% negative EPS growth.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “Charge-offs fall at JPMorgan – Seeking Alpha” on November 15, 2019, also Businesswire.com with their article: “J.P. Morgan Deploys Nearly €4 Million EUR ($4.5 Million USD) to Prepare Greater Paris Residents for the Future of Work – Business Wire” published on November 26, 2019, Finance.Yahoo.com published: “Why JPMorgan Chase & Co. (NYSE:JPM) Is A Dividend Rockstar – Yahoo Finance” on August 31, 2019. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Prnewswire.com and their article: “JP Morgan Releases 2020 Long-Term Capital Market Assumptions, Analysis Reveals Need For New Portfolio Construction Tactics in Low-Rate World – PRNewswire” published on November 06, 2019 as well as Marketwatch.com‘s news article titled: “GE’s stock slips, as J.P. Morgan’s Tusa throws shade on recent rally – MarketWatch” with publication date: November 13, 2019.

Since August 8, 2019, it had 2 insider buys, and 0 sales for $3.99 million activity.

More notable recent Genesis Energy, L.P. (NYSE:GEL) news were published by: Businesswire.com which released: “2018 K-1 Tax Packages for Genesis Energy, L.P. – Business Wire” on February 21, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Saw The Crash Coming – Yahoo Finance” published on November 24, 2019, Businesswire.com published: “Genesis Energy, L.P. Announces Expansion of Existing Sodium Services Operations – Business Wire” on September 23, 2019. More interesting news about Genesis Energy, L.P. (NYSE:GEL) were released by: Benzinga.com and their article: “10 Energy Stocks Moving In Today’s Pre-Market Session – Benzinga” published on July 30, 2019 as well as Benzinga.com‘s news article titled: “Mid-Afternoon Market Update: Dow Rises Over 100 Points; EyeGate Pharmaceuticals Shares Spike Higher – Benzinga” with publication date: November 22, 2019.

Zazove Associates Llc, which manages about $5.11 billion and $1.13B US Long portfolio, decreased its stake in Teradyne Inc (Prn) by 5.88M shares to 25.92 million shares, valued at $42.12 million in 2019Q2, according to the filing. It also reduced its holding in Biomarin Pharmaceutical Inc (Prn) by 2.46 million shares in the quarter, leaving it with 30.72M shares, and cut its stake in Cinedigm Corp.

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

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