Fragasso Group Decreased Jpmorgan Chase & Co (JPM) Holding by $775,496 as Shares Rose; Tjx Cos New (TJX) Holder Invesco LTD Upped Position by $15.92 Million

May 24, 2018 - By Adrian Erickson

The TJX Companies, Inc. (NYSE:TJX) Logo

Invesco Ltd increased its stake in Tjx Cos Inc New (TJX) by 6.03% based on its latest 2017Q4 regulatory filing with the SEC. Invesco Ltd bought 209,505 shares as the company’s stock rose 5.50% while stock markets declined. The institutional investor held 3.68 million shares of the consumer services company at the end of 2017Q4, valued at $281.47 million, up from 3.47 million at the end of the previous reported quarter. Invesco Ltd who had been investing in Tjx Cos Inc New for a number of months, seems to be bullish on the $55.75B market cap company. The stock increased 1.18% or $1.04 during the last trading session, reaching $88.93. About 3.04 million shares traded. The TJX Companies, Inc. (NYSE:TJX) has risen 2.67% since May 24, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

Fragasso Group Inc decreased its stake in Jpmorgan Chase & Co (JPM) by 26.13% based on its latest 2017Q4 regulatory filing with the SEC. Fragasso Group Inc sold 7,316 shares as the company’s stock rose 0.67% while stock markets declined. The institutional investor held 20,684 shares of the major banks company at the end of 2017Q4, valued at $2.21M, down from 28,000 at the end of the previous reported quarter. Fragasso Group Inc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $379.00 billion market cap company. The stock decreased 1.03% or $1.16 during the last trading session, reaching $111.33. About 10.02M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since May 24, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.03, from 0.91 in 2017Q3. It turned 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. Dearborn Ptnrs Ltd Co holds 76,583 shares. Exxonmobil Inv Mgmt Tx holds 1.62% or 551,702 shares. Delta Asset Limited Liability Corp Tn has invested 0.23% in JPMorgan Chase & Co. (NYSE:JPM). 31,695 are owned by Marvin & Palmer Assoc. Moreover, Becker Cap Inc has 2.72% invested in JPMorgan Chase & Co. (NYSE:JPM) for 769,288 shares. The Pennsylvania-based First National Trust Co has invested 1.79% in JPMorgan Chase & Co. (NYSE:JPM). Amer Asset Management has 0.63% invested in JPMorgan Chase & Co. (NYSE:JPM). Qci Asset Management New York holds 176,837 shares. 16,600 were reported by Cacti Asset Management Ltd Com. Axa holds 912,454 shares. Estabrook Cap Management owns 311,095 shares or 5.02% of their US portfolio. Horizon Limited Com has 53,808 shares for 2.38% of their portfolio. Ipg Invest Advisors Ltd Limited Liability Company has 0.18% invested in JPMorgan Chase & Co. (NYSE:JPM). Ntv Asset Management Lc holds 0.62% or 20,859 shares. Meridian Inv Counsel accumulated 5,189 shares.

Fragasso Group Inc, which manages about $853.06M and $411.59M US Long portfolio, upped its stake in Ishares Tr (MUB) by 15,023 shares to 38,369 shares, valued at $4.25M in 2017Q4, according to the filing. It also increased its holding in Ishares Tr by 53,162 shares in the quarter, for a total of 374,075 shares, and has risen its stake in Ishares Tr (USMV).

Since January 13, 2018, it had 3 insider purchases, and 8 insider sales for $18.63 million activity. Combs Todd A. bought $1.49 million worth of stock or 13,000 shares. Shares for $1.91 million were sold by Scher Peter on Saturday, January 13. Another trade for 9,194 shares valued at $1.03 million was sold by Lake Marianne. Friedman Stacey had sold 17,729 shares worth $1.99M on Saturday, January 13. Giles Nicole had sold 3,783 shares worth $425,399 on Saturday, January 13. CROWN JAMES S had bought 7,280 shares worth $825,327 on Tuesday, January 16.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “JPMorgan Going From Strength To Strength” on May 14, 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 Bizjournals.com‘s news article titled: “Banking Roundup: Wells Fargo hit by reports of altered documents… BofA rolls out AI assistant Erica” with publication date: May 23, 2018.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13. They expect $2.26 EPS, up 24.18% or $0.44 from last year’s $1.82 per share. JPM’s profit will be $7.69 billion for 12.32 P/E if the $2.26 EPS becomes a reality. After $2.37 actual EPS 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. On Thursday, April 14 the stock rating was maintained by Goldman Sachs with “Neutral”. The rating was maintained by Citigroup on Friday, October 6 with “Neutral”. The firm has “Hold” rating given on Friday, April 13 by BMO Capital Markets. The firm earned “Hold” rating on Thursday, January 11 by Credit Suisse. The firm has “Neutral” rating given on Monday, October 17 by Buckingham Research. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Overweight” rating given on Friday, January 15 by Atlantic Securities. The company was downgraded on Thursday, October 6 by Sandler O’Neill. Bank of America maintained the stock with “Buy” rating in Friday, October 13 report. The firm has “Buy” rating given on Friday, January 12 by Bank of America. Morgan Stanley maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, February 2 with “Overweight” rating.

Since March 1, 2018, it had 0 buys, and 7 selling transactions for $17.01 million activity. MEYROWITZ CAROL sold 132,262 shares worth $11.08M. 16,344 The TJX Companies, Inc. (NYSE:TJX) shares with value of $1.36M were sold by Goldenberg Scott. Sherr Richard sold 20,000 shares worth $1.67M. 1,000 shares were sold by LANE AMY B, worth $82,805.

Investors sentiment increased to 1.07 in 2017 Q4. Its up 0.07, from 1 in 2017Q3. It improved, as 66 investors sold TJX shares while 356 reduced holdings. 101 funds opened positions while 349 raised stakes. 545.74 million shares or 0.78% less from 550.02 million shares in 2017Q3 were reported. Dowling & Yahnke Ltd Liability Corp holds 19,590 shares. Hall Laurie J Trustee owns 0.62% invested in The TJX Companies, Inc. (NYSE:TJX) for 14,145 shares. Kentucky-based River Road Asset Mngmt Ltd Liability Com has invested 0.02% in The TJX Companies, Inc. (NYSE:TJX). United Cap Financial Advisers Ltd Company holds 52,172 shares. C World Group Inc A S reported 36,300 shares stake. Cognios Ltd Liability reported 31,603 shares. Moreover, Parkside Commercial Bank And Tru has 0.06% invested in The TJX Companies, Inc. (NYSE:TJX) for 1,986 shares. Tompkins Fincl has 0.56% invested in The TJX Companies, Inc. (NYSE:TJX). Bristol John W And Ny accumulated 952,797 shares. Nelson Van Denburg And Campbell Wealth Mngmt Grp Lc holds 0% or 85 shares. Baillie Gifford invested 0.03% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Caisse De Depot Et Placement Du Quebec holds 0.02% or 117,418 shares. Cornerstone Capital Ltd Liability Com, a New York-based fund reported 131,410 shares. Smith Salley & Assoc owns 1.7% invested in The TJX Companies, Inc. (NYSE:TJX) for 124,454 shares. 2,000 were reported by Cacti Asset Management Limited Liability Company.

More notable recent The TJX Companies, Inc. (NYSE:TJX) news were published by: 247Wallst.com which released: “Should TJX Be Seeing a Bigger Boost From Earnings?” on May 22, 2018, also Fool.com with their article: “Should You Buy Nordstrom at Its 2018 Lows?” published on May 23, 2018, Seekingalpha.com published: “Thomson Reuters Retail And Restaurant Aggregate Estimates And Revisions Q1 2018 | May 23” on May 24, 2018. More interesting news about The TJX Companies, Inc. (NYSE:TJX) were released by: Fool.com and their article: “TJX Companies Gets the Job Done in the First Quarter” published on May 23, 2018 as well as Fool.com‘s news article titled: “Kohl’s and TJX Deliver Strong Q1 Results” with publication date: May 23, 2018.

Invesco Ltd, which manages about $277.31 billion US Long portfolio, decreased its stake in Tutor Perini Corp (NYSE:TPC) by 341,973 shares to 25,191 shares, valued at $639,000 in 2017Q4, according to the filing. It also reduced its holding in Horizon Pharma Plc (NASDAQ:HZNP) by 1.36M shares in the quarter, leaving it with 128,192 shares, and cut its stake in Brooks Automation Inc (NASDAQ:BRKS).

Among 30 analysts covering The TJX Companies (NYSE:TJX), 25 have Buy rating, 0 Sell and 5 Hold. Therefore 83% are positive. The TJX Companies had 85 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, October 22 by Wells Fargo. The firm has “Buy” rating given on Monday, April 9 by Cowen & Co. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, November 16 report. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Outperform” rating by Wedbush on Wednesday, November 16. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Buy” rating by BMO Capital Markets on Thursday, June 8. Telsey Advisory Group maintained The TJX Companies, Inc. (NYSE:TJX) rating on Thursday, February 25. Telsey Advisory Group has “Market Perform” rating and $78 target. On Thursday, September 28 the stock rating was maintained by Jefferies with “Hold”. The company was maintained on Friday, March 2 by Northcoast. The rating was initiated by Miller Tabak with “Buy” on Friday, June 24. The rating was initiated by Citigroup on Wednesday, October 7 with “Buy”.

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

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