Jpmorgan Chase & Co (JPM) Shareholder Bank Hapoalim Bm Decreased Its Position by $489,440; Viacom New (VIAB) Shareholder Clearline Capital LP Lowered Its Holding

January 23, 2018 - By Adrian Mccoy

Bank Hapoalim Bm decreased its stake in Jpmorgan Chase & Co (JPM) by 12.96% based on its latest 2017Q3 regulatory filing with the SEC. Bank Hapoalim Bm sold 5,152 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 34,595 shares of the major banks company at the end of 2017Q3, valued at $3.31 million, down from 39,747 at the end of the previous reported quarter. Bank Hapoalim Bm who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $397.16 billion market cap company. The stock increased 0.13% or $0.15 during the last trading session, reaching $114.48. About 6.45 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since January 23, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Marc Majzner decreased its stake in Viacom Inc New (VIAB) by 25.36% based on its latest 2017Q3 regulatory filing with the SEC. Clearline Capital Lp sold 121,429 shares as the company’s stock declined 19.98% while stock markets rallied. The hedge fund run by Marc Majzner held 357,313 shares of the television services company at the end of 2017Q3, valued at $9.95M, down from 478,742 at the end of the previous reported quarter. Clearline Capital Lp who had been investing in Viacom Inc New for a number of months, seems to be less bullish one the $13.70 billion market cap company. The stock decreased 1.80% or $0.61 during the last trading session, reaching $33.33. About 1.96M shares traded. Viacom, Inc. (NASDAQ:VIAB) has declined 8.36% since January 23, 2017 and is downtrending. It has underperformed by 25.06% the S&P500.

Analysts await Viacom, Inc. (NASDAQ:VIAB) to report earnings on February, 8 before the open. They expect $1.00 earnings per share, down 3.85% or $0.04 from last year’s $1.04 per share. VIAB’s profit will be $410.95M for 8.33 P/E if the $1.00 EPS becomes a reality. After $0.77 actual earnings per share reported by Viacom, Inc. for the previous quarter, Wall Street now forecasts 29.87% EPS growth.

Among 39 analysts covering Viacom Inc. (NASDAQ:VIAB), 12 have Buy rating, 4 Sell and 23 Hold. Therefore 31% are positive. Viacom Inc. had 123 analyst reports since August 7, 2015 according to SRatingsIntel. Bank of America maintained it with “Buy” rating and $39 target in Friday, November 17 report. As per Monday, June 20, the company rating was maintained by UBS. On Friday, August 25 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was upgraded by Drexel Hamilton to “Buy” on Thursday, February 9. The stock has “Buy” rating by Brean Capital on Tuesday, September 13. The firm has “Buy” rating by UBS given on Friday, November 17. The stock of Viacom, Inc. (NASDAQ:VIAB) earned “Buy” rating by Wunderlich on Friday, October 21. The rating was downgraded by Goldman Sachs on Monday, October 5 to “Neutral”. On Thursday, January 21 the stock rating was upgraded by Societe Generale to “Buy”. As per Friday, November 17, the company rating was maintained by Loop Capital.

Clearline Capital Lp, which manages about $865.30 million and $137.36 million US Long portfolio, upped its stake in Constellium Nv (NYSE:CSTM) by 53,299 shares to 246,793 shares, valued at $2.53M in 2017Q3, according to the filing. It also increased its holding in Rayonier Advanced Matls Inc (NYSE:RYAM) by 165,882 shares in the quarter, for a total of 250,333 shares, and has risen its stake in Xperi Corp.

Since August 21, 2017, it had 1 buy, and 10 sales for $23.24 million activity. Friedman Stacey sold $902,608 worth of JPMorgan Chase & Co. (NYSE:JPM) on Monday, August 21. Shares for $5.43M were sold by Petno Douglas B on Saturday, January 13. BACON ASHLEY sold $1.84M worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. $3.01 million worth of stock was sold by Scher Peter on Friday, January 19. On Tuesday, January 16 CROWN JAMES S bought $825,327 worth of JPMorgan Chase & Co. (NYSE:JPM) or 7,280 shares. Giles Nicole sold $425,399 worth of stock or 3,783 shares.

Bank Hapoalim Bm, which manages about $439.53 million US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 5,841 shares to 7,653 shares, valued at $1.12M in 2017Q3, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 5,603 shares in the quarter, for a total of 17,740 shares, and has risen its stake in Ishares Us Financial Services (IYG).

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It fall, 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. Ims Mngmt has 3,623 shares for 0.22% of their portfolio. Harris Assocs LP holds 1.77% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 11.00 million shares. The Michigan-based Lafleur Godfrey Lc has invested 3.21% in JPMorgan Chase & Co. (NYSE:JPM). Bridges Investment Counsel holds 0.82% or 15,391 shares. 23.35 million were accumulated by Primecap Mngmt Ca. Snow Capital LP holds 762,126 shares or 3.52% of its portfolio. Outfitter Advsrs Limited holds 25,540 shares. Hamel Associate Incorporated holds 6,325 shares. Roundview Ltd Company stated it has 1.57% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Halsey Assoc Ct reported 39,756 shares. Commonwealth Natl Bank Of Australia holds 0.53% or 570,235 shares in its portfolio. Northside Capital Management Ltd Liability Company reported 6,392 shares stake. Boston Private Wealth Limited Com invested 2.63% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Town & Country National Bank & Trust & Communication Dba First Bankers Communication has invested 1.28% in JPMorgan Chase & Co. (NYSE:JPM). Iowa Savings Bank holds 2.94% or 65,372 shares in its portfolio.

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