Schafer Cullen Capital Management Decreased Its Jp Morgan Chase & Co. (JPM) Stake; Seacoast Banking Of Florida (SBCF) Has 2.17 Sentiment

November 15, 2017 - By Adrian Erickson

Schafer Cullen Capital Management Inc decreased Jp Morgan Chase & Co. (JPM) stake by 4.36% reported in 2017Q2 SEC filing. Schafer Cullen Capital Management Inc sold 85,369 shares as Jp Morgan Chase & Co.

(JPM)’s stock declined 6.04%. The Schafer Cullen Capital Management Inc holds 1.87M shares with $171.15 million value, down from 1.96M last quarter. Jp Morgan Chase & Co. now has $337.50 billion valuation. The stock declined 0.75% or $0.73 reaching $96.54 per share. About 2,703 shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since November 15, 2016 and is uptrending. It has outperformed by 17.04% the S&P500.

Seacoast Banking Corporation of Florida is a bank holding company. The company has market cap of $1.07 billion. The Company’s principal subsidiary is Seacoast National Bank, a national banking association . It has a 25.03 P/E ratio. The Firm and its subsidiaries offer an array of deposit accounts and retail banking services, engage in consumer and commercial lending and provide a range of trust and asset management services, as well as securities and annuity products to its customers.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on January, 12. They expect $1.71 EPS, 0.00% or $0.00 from last year’s $1.71 per share. JPM’s profit will be $5.98B for 14.11 P/E if the $1.71 EPS becomes a reality. After $1.76 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -2.84% negative EPS growth.

Investors sentiment increased to 1.19 in 2017 Q2. Its up 0.32, from 0.87 in 2017Q1. It improved, as 56 investors sold JPM shares while 678 reduced holdings. 146 funds opened positions while 731 raised stakes. 2.69 billion shares or 4.21% more from 2.58 billion shares in 2017Q1 were reported. Buffington Mohr Mcneal accumulated 22,047 shares. Strategic Glob Advsr Lc has invested 1.2% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Rice Hall James & Ltd Liability owns 0.01% invested in JPMorgan Chase & Co. (NYSE:JPM) for 2,058 shares. Cutter & Commerce Brokerage has invested 0.25% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). The Wisconsin-based Schmidt P J Invest Inc has invested 0.06% in JPMorgan Chase & Co. (NYSE:JPM). Thomaspartners holds 2.09% or 2.66M shares. Cobblestone Advsrs Llc New York stated it has 115,910 shares. Northeast Fincl Consultants reported 15,680 shares stake. Ftb Advsrs, Tennessee-based fund reported 101,105 shares. Janney Montgomery Scott Limited Liability reported 845,776 shares stake. Menora Mivtachim has 1.39% invested in JPMorgan Chase & Co. (NYSE:JPM). The Massachusetts-based East Coast Asset Ltd Liability Co has invested 0.24% in JPMorgan Chase & Co. (NYSE:JPM). Ballentine Prtnrs Ltd Com holds 0.17% or 25,589 shares in its portfolio. Synovus Fincl Corp holds 0.55% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 302,357 shares. Mirae Asset Global Invs, a Korea-based fund reported 646,205 shares.

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 has $110 highest and $52 lowest target. $89.23’s average target is -7.57% below currents $96.54 stock price. JPMorgan Chase & Co had 86 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Friday, October 6. Keefe Bruyette & Woods maintained the shares of JPM in report on Friday, August 18 with “Hold” rating. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) on Thursday, April 14 with “Outperform” rating. As per Friday, August 18, the company rating was maintained by RBC Capital Markets. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Tuesday, July 21 by Jefferies. Jefferies maintained the stock with “Buy” rating in Wednesday, October 7 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Wednesday, October 11 by Keefe Bruyette & Woods. On Tuesday, August 16 the stock rating was downgraded by Bernstein to “Market Perform”. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Mkt Perform” rating by Keefe Bruyette & Woods on Tuesday, January 17. As per Wednesday, September 16, the company rating was upgraded by BMO Capital Markets.

Schafer Cullen Capital Management Inc increased Smurfit Kappa Group Plc (SMFTF) stake by 54,540 shares to 87,264 valued at $2.72 million in 2017Q2. It also upped Metlife Inc. (NYSE:MET) stake by 132,050 shares and now owns 2.21M shares. Royal Bank Of Canada (NYSE:RY) was raised too.

Ratings analysis reveals 50% of Seacoast Banking’s analysts are positive. Out of 4 Wall Street analysts rating Seacoast Banking, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. SBCF was included in 5 notes of analysts from September 1, 2016. The stock of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has “Market Perform” rating given on Tuesday, September 6 by Hovde Group. The firm has “Buy” rating by SunTrust given on Monday, February 13. The stock of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) earned “Market Perform” rating by FIG Partners on Monday, November 7. Raymond James initiated Seacoast Banking Corporation of Florida (NASDAQ:SBCF) on Wednesday, November 30 with “Outperform” rating.

1492 Capital Management Llc holds 2.51% of its portfolio in Seacoast Banking Corporation of Florida for 117,932 shares. Basswood Capital Management L.L.C. owns 2.11 million shares or 2.5% of their US portfolio. Moreover, Mendon Capital Advisors Corp has 2.04% invested in the company for 1.06 million shares. The Missouri-based Stieven Capital Advisors L.P. has invested 1.87% in the stock. Fj Capital Management Llc, a Virginia-based fund reported 609,800 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $67,650 activity.

The stock increased 0.24% or $0.06 during the last trading session, reaching $24.61. About shares traded. Seacoast Banking Corporation of Florida (SBCF) has risen 38.63% since November 15, 2016 and is uptrending. It has outperformed by 21.93% the S&P500.

Analysts await Seacoast Banking Corporation of Florida (NASDAQ:SBCF) to report earnings on February, 7. They expect $0.36 earnings per share, up 20.00% or $0.06 from last year’s $0.3 per share. SBCF’s profit will be $15.65M for 17.09 P/E if the $0.36 EPS becomes a reality. After $0.35 actual earnings per share reported by Seacoast Banking Corporation of Florida for the previous quarter, Wall Street now forecasts 2.86% EPS growth.

By

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>