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Bp Plc (BP) Holder Seminole Management Lowered Stake by $2.71 Million; Stewart & Patten Co Lowered Its J P Morgan Chase & Co (JPM) Position as Share Value Rose

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Stewart & Patten Co Llc decreased its stake in J P Morgan Chase & Co (JPM) by 1.61% based on its latest 2018Q2 regulatory filing with the SEC. Stewart & Patten Co Llc sold 4,055 shares as the company’s stock rose 2.83% with the market. The institutional investor held 248,119 shares of the major banks company at the end of 2018Q2, valued at $25.85M, down from 252,174 at the end of the previous reported quarter. Stewart & Patten Co Llc who had been investing in J P Morgan Chase & Co for a number of months, seems to be less bullish one the $349.75 billion market cap company. The stock decreased 1.90% or $2.04 during the last trading session, reaching $105.19. About 27.06 million shares traded or 79.13% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 24.41% since December 6, 2017 and is uptrending. It has outperformed by 8.79% the S&P500. Some Historical JPM News: 14/05/2018 – S&P ASSIGNS J.P. MORGAN SECURITIES AUSTRALIA LTD. OUTLOOK TO ‘STABLE’; RATING ‘A+’; 11/04/2018 – LANCASHIRE HOLDINGS LTD LRE.L : JP MORGAN RAISES TARGET PRICE TO 690P FROM 650P; 25/04/2018 – VENDIS CAPITAL SAID TO HAVE HIRED JPMORGAN FOR INULA SALE; 01/05/2018 – JPMorgan US Technology Adds Keysight, Exits Facebook; 14/05/2018 – JPMORGAN ASSET MGMT HAS 5.01% OF FAGRON VOTING RIGHTS ON MAY 10; 01/05/2018 – JBG SMITH Properties: Building Will Serve as JPMorgan Chase’s First Regional Headquarters; 11/05/2018 – VESUVIUS PLC VSVS.L : JP MORGAN RAISES TARGET PRICE TO 760P FROM 745P; 02/05/2018 – Global Economy Perks Up as Goldman, JPMorgan Predict Rebound; 06/03/2018 – CERVED CERV.Ml : JP MORGAN RAISES TARGET PRICE TO 11.66 EUROS FROM 10.88 EUROS; 15/03/2018 – ABCAM PLC ABCA.L : JP MORGAN RAISES TARGET PRICE TO 1011P FROM 946P

Seminole Management decreased its stake in Bp Plc (BP) by 17.98% based on its latest 2018Q2 regulatory filing with the SEC. Seminole Management sold 60,228 shares as the company’s stock declined 6.30% while stock markets rallied. The hedge fund held 274,772 shares of the integrated oil company at the end of 2018Q2, valued at $12.55 million, down from 335,000 at the end of the previous reported quarter. Seminole Management who had been investing in Bp Plc for a number of months, seems to be less bullish one the $130.42 billion market cap company. The stock decreased 3.32% or $1.36 during the last trading session, reaching $39.59. About 12.94 million shares traded or 84.31% up from the average. BP p.l.c. (NYSE:BP) has risen 20.59% since December 6, 2017 and is uptrending. It has outperformed by 4.97% the S&P500. Some Historical BP News: 10/04/2018 – BP SAYS ALLIGIN AND VORLICH ARE SATELLITE FIELDS LOCATED NEAR TO EXISTING INFRASTRUCTURE MEANING THEY CAN BE QUICKLY DEVELOPED THROUGH ESTABLISHED OFFSHORE HUBS; 18/04/2018 – EVERSTONE GROUP, LIGHTSOURCE BP TO FORM 50:50 JV TO MANAGE FUNDS TARGETING CONTRACTED POWER, DISTRIBUTION INFRASTRUCTURE, ENERGY SERVICES IN INDIA; 01/05/2018 – BP PLC 1Q Capex Flat at $3.5B; 16/05/2018 – Azerbaijan’s Jan-Apr gas exports from Shah Deniz l fall 6.4 pct yr/yr; 21/05/2018 – Yahoo! Finance: Exclusive: BP back on its feet but CEO senses no respite; 06/03/2018 – BP CEO BOB DUDLEY CONCLUDES APPEARANCE AT CERAWEEK GATHERING; 26/04/2018 – BP PLC BP.L – SOCAR AND BP SIGNED NEW PRODUCTION SHARING AGREEMENT (PSA) FOR JOINT EXPLORATION AND DEVELOPMENT OF BLOCK D230 IN NORTH ABSHERON; 11/05/2018 – BP: Investment Opportunities Include Electric Vehicles, Batteries; 24/04/2018 – Cambridge donor BP urges university to keep fossil fuel investments; 16/04/2018 – BP DEPUTY CEO LAMAR MCKAY SPEAKS ON NEW ENERGY IN LONDON

Among 32 analysts covering BP (NYSE:BP), 25 have Buy rating, 2 Sell and 5 Hold. Therefore 78% are positive. BP had 66 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Wednesday, July 29. As per Friday, September 11, the company rating was upgraded by Goldman Sachs. The firm has “Hold” rating by Jefferies given on Wednesday, December 20. The stock of BP p.l.c. (NYSE:BP) earned “Outperform” rating by BNP Paribas on Tuesday, October 11. The stock of BP p.l.c. (NYSE:BP) has “Buy” rating given on Monday, April 9 by Scotia Capital. As per Tuesday, September 8, the company rating was upgraded by UBS. The stock of BP p.l.c. (NYSE:BP) earned “Hold” rating by Jefferies on Thursday, October 19. The rating was upgraded by Morgan Stanley to “Overweight” on Wednesday, September 5. As per Tuesday, August 29, the company rating was maintained by Jefferies. The rating was maintained by Cowen & Co with “Hold” on Tuesday, October 24.

More notable recent BP p.l.c. (NYSE:BP) news were published by: Seekingalpha.com which released: “Equinor seeks exploratory well in Great Australian Bight – Seeking Alpha” on November 26, 2018, also Investorplace.com with their article: “5 Best Oil Stocks to Buy Now – Investorplace.com” published on December 05, 2018, Seekingalpha.com published: “Total S.A. – Key Takeaways From The Third Quarter 2018 – Seeking Alpha” on November 26, 2018. More interesting news about BP p.l.c. (NYSE:BP) were released by: Seekingalpha.com and their article: “BP: Invest In This 6.1%-Yielding Oil Major Before It Rebounds – Seeking Alpha” published on December 04, 2018 as well as Bizjournals.com‘s news article titled: “BP-ArcLight joint venture to acquire gas station operator – Houston Business Journal” with publication date: December 06, 2018.

Analysts await BP p.l.c. (NYSE:BP) to report earnings on February, 5. They expect $0.81 EPS, up 26.56% or $0.17 from last year’s $0.64 per share. BP’s profit will be $2.67B for 12.22 P/E if the $0.81 EPS becomes a reality. After $1.15 actual EPS reported by BP p.l.c. for the previous quarter, Wall Street now forecasts -29.57% negative EPS growth.

Among 34 analysts covering JPMorgan Chase & Co (NYSE:JPM), 19 have Buy rating, 2 Sell and 13 Hold. Therefore 56% are positive. JPMorgan Chase & Co had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Wednesday, September 26. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 17. As per Friday, February 2, the company rating was maintained by Morgan Stanley. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Strong-Buy” rating given on Friday, August 28 by Vetr. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Neutral” rating given on Friday, September 9 by Macquarie Research. As per Tuesday, January 2, the company rating was maintained by Barclays Capital. The company was maintained on Wednesday, October 11 by Keefe Bruyette & Woods. The company was maintained on Wednesday, October 14 by Argus Research. The rating was maintained by BMO Capital Markets on Monday, July 16 with “Market Perform”. The stock has “Buy” rating by Bank of America on Friday, January 12.

Stewart & Patten Co Llc, which manages about $814.96M and $523.88 million US Long portfolio, upped its stake in Texas Instruments (NASDAQ:TXN) by 5,509 shares to 77,829 shares, valued at $8.58 million in 2018Q2, according to the filing. It also increased its holding in Carnival Corp (NYSE:CCL) by 21,853 shares in the quarter, for a total of 167,614 shares, and has risen its stake in Unitedhealth Group Inc. (NYSE:UNH).

Since July 23, 2018, it had 1 buying transaction, and 1 insider sale for $3.38 million activity. The insider HOBSON MELLODY L bought $125,281.

Investors sentiment increased to 0.99 in Q2 2018. Its up 0.18, from 0.81 in 2018Q1. It improved, as 51 investors sold JPM shares while 741 reduced holdings. 112 funds opened positions while 669 raised stakes. 2.34 billion shares or 2.08% less from 2.39 billion shares in 2018Q1 were reported. Telemus Cap Limited Company owns 60,805 shares or 0.49% of their US portfolio. Provise Mgmt Gru Ltd has invested 0.23% in JPMorgan Chase & Co. (NYSE:JPM). Private Tru Na owns 81,117 shares. New Jersey Better Educational Savings owns 2.37% invested in JPMorgan Chase & Co. (NYSE:JPM) for 21,000 shares. Inr Advisory Limited Liability Corp invested in 0% or 28 shares. Motley Fool Asset Management Limited Liability Corporation reported 0.51% stake. Mutual Ins Federation Of Agricultural Cooperatives holds 0.07% or 51,100 shares. North Carolina-based Altavista Wealth Mngmt Inc has invested 1.84% in JPMorgan Chase & Co. (NYSE:JPM). Interocean Capital Limited Liability holds 0.9% or 73,515 shares. Thomas Story And Son Ltd Limited Liability Company owns 2,682 shares. Grimes & Inc holds 0.3% or 32,830 shares in its portfolio. Blue Financial reported 20,998 shares. Livingston Grp Asset Management (Operating As Southport Cap Management) invested in 0.83% or 17,671 shares. Orca Investment Ltd Liability Corporation reported 1.31% stake. Schwerin Boyle Mngmt Incorporated owns 249,645 shares.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on January, 11. They expect $2.24 earnings per share, up 27.27% or $0.48 from last year’s $1.76 per share. JPM’s profit will be $7.45B for 11.74 P/E if the $2.24 EPS becomes a reality. After $2.34 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -4.27% negative EPS growth.

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

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