Newfocus Financial Group Upped Jpmorgan Chase & Co (JPM) Position by $992,180; Amc Networks (AMCX) Market Valuation Declined While S Muoio & Company Has Trimmed Stake by $1.16 Million

January 22, 2018 - By Clifton Ray

S Muoio & Company decreased its stake in Amc Networks Inc (AMCX) by 15.22% based on its latest 2017Q3 regulatory filing with the SEC. S Muoio & Company sold 20,000 shares as the company’s stock declined 4.67% while stock markets rallied. The institutional investor held 111,388 shares of the television services company at the end of 2017Q3, valued at $6.51 million, down from 131,388 at the end of the previous reported quarter. S Muoio & Company who had been investing in Amc Networks Inc for a number of months, seems to be less bullish one the $3.36 billion market cap company. The stock increased 0.61% or $0.33 during the last trading session, reaching $54.3. About 284,119 shares traded. AMC Networks Inc. (NASDAQ:AMCX) has declined 17.50% since January 22, 2017 and is downtrending. It has underperformed by 34.20% the S&P500.

Newfocus Financial Group Llc increased its stake in Jpmorgan Chase & Co (JPM) by 71.41% based on its latest 2017Q3 regulatory filing with the SEC. Newfocus Financial Group Llc bought 10,444 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 25,070 shares of the major banks company at the end of 2017Q3, valued at $2.39M, up from 14,626 at the end of the previous reported quarter. Newfocus Financial Group Llc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $388.74 billion market cap company. The stock increased 0.44% or $0.495 during the last trading session, reaching $113.505. About 6.48M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since January 22, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Among 24 analysts covering AMC Networks (NASDAQ:AMCX), 8 have Buy rating, 3 Sell and 13 Hold. Therefore 33% are positive. AMC Networks had 60 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of AMC Networks Inc. (NASDAQ:AMCX) earned “Overweight” rating by Pacific Crest on Sunday, August 9. On Tuesday, August 15 the stock rating was maintained by Cowen & Co with “Hold”. The rating was maintained by Goldman Sachs with “Buy” on Friday, August 5. On Tuesday, September 22 the stock rating was downgraded by TheStreet to “Hold”. The stock has “Hold” rating by Loop Capital on Thursday, October 19. The rating was downgraded by Guggenheim to “Neutral” on Thursday, October 12. The stock of AMC Networks Inc. (NASDAQ:AMCX) earned “Sell” rating by UBS on Friday, July 15. The company was downgraded on Thursday, October 20 by Pacific Crest. The company was maintained on Friday, August 25 by KeyBanc Capital Markets. As per Friday, February 24, the company rating was upgraded by Stifel Nicolaus.

Analysts await AMC Networks Inc. (NASDAQ:AMCX) to report earnings on February, 22. They expect $1.51 EPS, up 16.15% or $0.21 from last year’s $1.3 per share. AMCX’s profit will be $93.41 million for 8.99 P/E if the $1.51 EPS becomes a reality. After $1.68 actual EPS reported by AMC Networks Inc. for the previous quarter, Wall Street now forecasts -10.12% negative EPS growth.

Investors sentiment decreased to 0.78 in 2017 Q3. Its down 0.30, from 1.08 in 2017Q2. It fall, as 21 investors sold AMCX shares while 120 reduced holdings. 35 funds opened positions while 75 raised stakes. 53.08 million shares or 0.39% less from 53.29 million shares in 2017Q2 were reported. Quantitative Invest Mgmt Lc has 67,800 shares for 0.05% of their portfolio. State Bank Of America De owns 0.01% invested in AMC Networks Inc. (NASDAQ:AMCX) for 716,329 shares. Oakbrook Invs Limited Liability Corp holds 4,100 shares. Invesco holds 140,886 shares or 0% of its portfolio. Financial Engines Advsr Limited Liability Corp has invested 0% in AMC Networks Inc. (NASDAQ:AMCX). Schroder Inv Gp holds 0.03% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX) for 287,390 shares. Fifth Third Bancorporation holds 10 shares. Alps Advsrs Incorporated invested in 0% or 8,336 shares. Matarin Mgmt Ltd Liability reported 134,971 shares or 0.67% of all its holdings. Clark Mngmt Group Incorporated stated it has 0.03% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX). First Manhattan Company holds 0% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX) for 64 shares. Pub Employees Retirement Of Ohio holds 0.02% or 54,061 shares in its portfolio. North Star Investment Mngmt Corp owns 250 shares. Natixis has 3,422 shares. Clear Harbor Asset Mngmt Ltd Com holds 60,345 shares or 0.7% of its portfolio.

S Muoio & Company, which manages about $129.83M and $193.79 million US Long portfolio, upped its stake in Scripps Networks Inter (NYSE:SNI) by 20,000 shares to 35,142 shares, valued at $3.02 million in 2017Q3, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 40,000 shares in the quarter, for a total of 114,668 shares, and has risen its stake in Centurylink Inc (NYSE:CTL).

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 16 have Buy rating, 2 Sell and 15 Hold. Therefore 48% are positive. JPMorgan Chase & Co had 107 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, January 12 by RBC Capital Markets. Citigroup maintained the shares of JPM in report on Friday, October 6 with “Neutral” rating. On Friday, January 15 the stock rating was maintained by Argus Research with “Buy”. Keefe Bruyette & Woods downgraded the shares of JPM in report on Tuesday, January 17 to “Mkt Perform” rating. The company was maintained on Friday, April 28 by Vining Sparks. The firm has “Buy” rating by Vetr given on Tuesday, September 1. Keefe Bruyette & Woods maintained it with “Hold” rating and $125.0 target in Thursday, December 21 report. The company was downgraded on Tuesday, September 26 by Deutsche Bank. DZ Bank upgraded JPMorgan Chase & Co. (NYSE:JPM) on Wednesday, January 17 to “Hold” rating. The firm has “Hold” rating given on Thursday, June 1 by BMO Capital Markets.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.28, from 1.19 in 2017Q2. It is negative, 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. Bridges Inv Counsel Incorporated accumulated 15,391 shares or 0.82% of the stock. Point72 Asset Mngmt Limited Partnership reported 0.04% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Mechanics Bancshares Department accumulated 34,893 shares. Department Mb Bank & Trust N A reported 22,108 shares or 0.23% of all its holdings. Teacher Retirement System Of Texas invested 1.43% in JPMorgan Chase & Co. (NYSE:JPM). Williams Jones Assocs Ltd Limited Liability Company holds 492,541 shares or 1.16% of its portfolio. Iowa State Bank holds 2.94% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 65,372 shares. 2.85 million were reported by Public Employees Retirement System Of Ohio. Bainco Intl Investors reported 0.03% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). First Tru Advisors Limited Partnership has invested 0.35% in JPMorgan Chase & Co. (NYSE:JPM). Gratry And Limited Liability Corporation holds 0.68% or 5,805 shares. Hl Financial Serv Lc reported 4.44% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Smith Salley Assoc has invested 2.44% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). National Invest Serv Wi holds 24,921 shares. S&T Bankshares Pa invested in 21,283 shares or 0.36% of the stock.

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