Redwood Capital Management Llc decreased Jpmorgan Chase & Co (JPM) stake by 50.33% reported in 2018Q4 SEC filing. Redwood Capital Management Llc sold 151,000 shares as Jpmorgan Chase & Co (JPM)’s stock declined 6.08%. The Redwood Capital Management Llc holds 149,000 shares with $14.55 million value, down from 300,000 last quarter. Jpmorgan Chase & Co now has $328.09B valuation. The stock increased 0.59% or $0.59 during the last trading session, reaching $100.17. About 7.82M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has declined 8.15% since March 28, 2018 and is downtrending. It has underperformed by 12.52% the S&P500. Some Historical JPM News: 08/03/2018 – Ryder CFO to Address J.P. Morgan Aviation, Transportation & Industrials Conference; 19/03/2018 – JPMorgan Diversified Return US Equity ETF Goes Below 50-D-MA; 11/05/2018 – AVALARA INC SAYS GOLDMAN SACHS & CO. LLC, J.P. MORGAN, BOFA MERRILL LYNCH ARE AMONG UNDERWRITERS TO IPO; 18/05/2018 – SWISS LIFE HOLDING AG SLHN.S : JP MORGAN RAISES TARGET PRICE TO SFR 370 FROM SFR 350; 20/04/2018 – The platform was built over more than a year using Quorum, a type of open-source blockchain that JPMorgan has developed inhouse; 30/04/2018 – JPMorgan Disciplined Equity Adds Medtronic, Exits Costco; 15/05/2018 – Telephone & Data Presenting at JPMorgan Conference Tomorrow; 11/03/2018 – JPMorgan Sees Busiest Mideast Year With IPOs, M&A Driving Deals; 07/05/2018 – Western Union Presenting at JPMorgan Conference May 15; 21/05/2018 – Moody’s: No Ratings Impact Following The Administrator Change For 1 Jpmorgan Chase Transaction
The stock of PG&E Corporation (NYSE:PCG) is a huge mover today! The stock decreased 3.48% or $0.61 during the last trading session, reaching $17.07. About 9.62M shares traded. PG&E Corporation (NYSE:PCG) has declined 56.25% since March 28, 2018 and is downtrending. It has underperformed by 60.62% the S&P500. Some Historical PCG News: 18/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/18/2018 03:59 AM; 07/05/2018 – PG&E Expands Support for Oakland and Stockton Student Scholarships Through its Better Together: Investing in California’s Youth Program; 24/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/23/2018 09:38 PM; 03/05/2018 – PG&E SEES 2018 IIC $74M TO $122M AFTER TAX COSTS; 18/05/2018 – Giant Buffett Solar Farm’s Credit Threatened by PG&E Fire Risk; 13/04/2018 – National Safe Digging Month Focuses Awareness on Importance of Calling 811; 03/05/2018 – PG&E CEO SEES MANY DIFFERENT CALIFORNIA FIRE BILLS EMERGING; 19/03/2018 – MOODY’S DOWNGRADES PG&E TO A3 & PG&E CORP TO Baa1, OUTLOOKS ARE; 10/05/2018 – ForeFront Power to Develop First Community Solar Project for PG&E’s Regional Renewable Choice Program; 30/03/2018 – PG&E CORP-3 SEPARATE FILINGS REQUESTING TO PASS ALONG ABOUT $325 MLN/ YEAR IN FEDERAL TAX SAVINGS FROM FEDERAL TAX CUTS AND JOBS ACT FOR 2018, 2019The move comes after 6 months negative chart setup for the $9.00 billion company. It was reported on Mar, 28 by Barchart.com. We have $15.70 PT which if reached, will make NYSE:PCG worth $720.24 million less.
Redwood Capital Management Llc increased Oi S A stake by 2.88M shares to 6.53M valued at $10.45M in 2018Q4. It also upped Prudential Finl Inc (NYSE:PRU) stake by 100,000 shares and now owns 200,000 shares. Herc Hldgs Inc was raised too.
More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: 247Wallst.com which released: “Job Cuts Hit Warner, JPMorgan, Ford, Nomura All at Once – 24/7 Wall St.” on March 28, 2019, also Bizjournals.com with their article: “The man behind Chase’s national retail growth talks about what makes Philadelphia unique – Philadelphia Business Journal” published on March 28, 2019, Investorplace.com published: “3 Reasons JP Morgan Is a Solid Blue-Chip Play – Investorplace.com” on March 15, 2019. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Benzinga.com and their article: “J P Morgan Chase & Co (NYSE:JPM) – What To Consider Watching In March: Tariffs, Fed, Oil – Benzinga” published on March 01, 2019 as well as Fool.com‘s news article titled: “Why Warren Buffett Thinks JPMorgan’s Stock Could Soar – The Motley Fool” with publication date: March 15, 2019.
Among 6 analysts covering JPMorgan Chase (NYSE:JPM), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. JPMorgan Chase had 11 analyst reports since December 7, 2018 according to SRatingsIntel. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Thursday, February 28. BMO Capital Markets has “Market Perform” rating and $116 target. Morgan Stanley maintained it with “Buy” rating and $124 target in Wednesday, February 27 report. BMO Capital Markets maintained the stock with “Market Perform” rating in Wednesday, January 16 report. The firm earned “Outperform” rating on Friday, December 7 by Credit Suisse. Morgan Stanley maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Tuesday, January 8. Morgan Stanley has “Overweight” rating and $124 target. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Buy” rating by Barclays Capital on Thursday, February 21. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Outperform” rating by Wells Fargo on Thursday, February 14. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Hold” rating by Jefferies on Tuesday, January 8.
Investors sentiment increased to 1 in Q4 2018. Its up 0.05, from 0.95 in 2018Q3. It improved, as 71 investors sold JPM shares while 735 reduced holdings. 135 funds opened positions while 667 raised stakes. 2.33 billion shares or 0.45% more from 2.32 billion shares in 2018Q3 were reported. Heritage Invsts Mngmt Corporation stated it has 1.65% in JPMorgan Chase & Co. (NYSE:JPM). Optimum Inv holds 32,939 shares or 1.11% of its portfolio. Wedge Capital Management L LP Nc holds 259,936 shares or 0.31% of its portfolio. Murphy Capital Mgmt Inc holds 1.66% or 101,507 shares in its portfolio. Northstar Invest Advsrs Ltd invested 0.61% in JPMorgan Chase & Co. (NYSE:JPM). Syntal Cap Prns Limited Liability Company reported 8,121 shares. Howard Capital Mngmt invested in 2.44% or 151,110 shares. Neumann Capital Mngmt Ltd holds 1.26% or 17,089 shares. Wheatland Advsrs has invested 0.77% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Opus Investment Mngmt holds 30,750 shares. Biondo Inv Advsr Ltd Liability Corp holds 2.69% or 91,390 shares in its portfolio. Howland Capital Management Limited Liability holds 32,588 shares. Ironwood Invest Mngmt Ltd Liability Com has invested 0.6% in JPMorgan Chase & Co. (NYSE:JPM). Terril Brothers Inc holds 1.61% in JPMorgan Chase & Co. (NYSE:JPM) or 46,052 shares. Bessemer Group Inc has 1.27 million shares for 0.54% of their portfolio.
Since October 19, 2018, it had 2 buys, and 5 insider sales for $4.86 million activity. $518,950 worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by CROWN JAMES S. BACON ASHLEY sold $599,304 worth of stock. $125,281 worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by HOBSON MELLODY L on Friday, October 19. Shares for $1.40M were sold by Beer Lori A. $1.22 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Petno Douglas B on Tuesday, January 29. Scher Peter sold $1.96M worth of stock. On Tuesday, January 29 the insider Friedman Stacey sold $317,310.
Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on April, 12. They expect $2.35 EPS, down 0.84% or $0.02 from last year’s $2.37 per share. JPM’s profit will be $7.70 billion for 10.66 P/E if the $2.35 EPS becomes a reality. After $1.98 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts 18.69% EPS growth.
More notable recent PG&E Corporation (NYSE:PCG) news were published by: Benzinga.com which released: “Wells Fargo Still Cautious On California Utilities (NYSE:PCG)(NYSE:EIX) – Benzinga” on March 04, 2019, also Seekingalpha.com with their article: “PG&E gets $5.5B in funds to keep operating during bankruptcy – Seeking Alpha” published on March 27, 2019, Seekingalpha.com published: “Wall Street Breakfast: Yield Curve, Trade Talks, GDP – Seeking Alpha” on March 28, 2019. More interesting news about PG&E Corporation (NYSE:PCG) were released by: Seekingalpha.com and their article: “ValueAct’s Ubben slams PG&E board selection process – Seeking Alpha” published on March 20, 2019 as well as Seekingalpha.com‘s news article titled: “PG&E revives $350M in employee bonuses two weeks after scrapping them – Seeking Alpha” with publication date: March 08, 2019.
Analysts await PG&E Corporation (NYSE:PCG) to report earnings on May, 2. They expect $1.00 EPS, up 9.89% or $0.09 from last year’s $0.91 per share. PCG’s profit will be $527.42 million for 4.27 P/E if the $1.00 EPS becomes a reality. After $0.80 actual EPS reported by PG&E Corporation for the previous quarter, Wall Street now forecasts 25.00% EPS growth.
Investors sentiment decreased to 0.67 in 2018 Q4. Its down 0.34, from 1.01 in 2018Q3. It is negative, as 121 investors sold PG&E Corporation shares while 146 reduced holdings. 63 funds opened positions while 117 raised stakes. 421.38 million shares or 6.35% more from 396.22 million shares in 2018Q3 were reported. Hanson Mcclain invested in 15,903 shares. Sandy Spring Bancorp owns 693 shares. Kingstown Cap Mngmt Lp owns 1.25 million shares for 6.45% of their portfolio. Point72 Asset Management L P holds 65,000 shares. Dnb Asset As holds 77,826 shares. Moreover, Destination Wealth Mgmt has 0% invested in PG&E Corporation (NYSE:PCG). Hartford Investment Management stated it has 0.04% in PG&E Corporation (NYSE:PCG). Millennium Management Ltd has 0.15% invested in PG&E Corporation (NYSE:PCG) for 3.98 million shares. D E Shaw & holds 0.32% in PG&E Corporation (NYSE:PCG) or 9.68 million shares. Retirement Of Alabama accumulated 238,488 shares or 0.03% of the stock. 1,434 were accumulated by Kempen Cap Nv. 5,105 were reported by Dumont Blake Inv Advsr Ltd. Michigan-based Ls Limited Liability Company has invested 0.05% in PG&E Corporation (NYSE:PCG). Bankshares Of America Corporation De has invested 0.02% in PG&E Corporation (NYSE:PCG). The Michigan-based Asset Mgmt Inc has invested 0.05% in PG&E Corporation (NYSE:PCG).
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural clients primarily in northern and central California. The company has market cap of $9.00 billion. The companyÂ’s electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 59 transmission switching substations, and 606 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 92 electric transmission substations. It currently has negative earnings. The Company’s natural gas system consists of approximately 42,800 miles of distribution pipelines, approximately 6,700 miles of backbone and local transmission pipelines, and various storage facilities.
