Utah Retirement Systems Lowered Jpmorgan Chase & Co (JPM) Stake; Primero Mining Corp. (TSE:P) Covered By 3 Bulls

May 27, 2018 - By Linda Rogers

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Utah Retirement Systems decreased Jpmorgan Chase & Co (JPM) stake by 1% reported in 2017Q4 SEC filing. Utah Retirement Systems sold 6,500 shares as Jpmorgan Chase & Co (JPM)’s stock rose 0.67%. The Utah Retirement Systems holds 642,916 shares with $68.75M value, down from 649,416 last quarter. Jpmorgan Chase & Co now has $376.72B valuation. The stock decreased 0.51% or $0.57 during the last trading session, reaching $110.66. About 8.28 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 23.99% since May 27, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Among 8 analysts covering Primero Mining Corp (TSE:P), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Primero Mining Corp had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Canaccord Genuity to “Hold” on Friday, February 5. The rating was maintained by Scotia Capital on Monday, June 27 with “Sector Perform”. The stock of Primero Mining Corp. (TSE:P) has “Sector Performer” rating given on Tuesday, February 23 by IBC. The rating was upgraded by Desjardins Securities on Friday, February 19 to “Buy”. As per Friday, February 5, the company rating was maintained by RBC Capital Markets. Scotia Capital maintained it with “Sector Perform” rating and $1.50 target in Thursday, January 19 report. Dundee Securities reinitiated the shares of P in report on Thursday, February 4 with “Neutral” rating. Canaccord Genuity downgraded Primero Mining Corp. (TSE:P) rating on Friday, September 29. Canaccord Genuity has “Speculative Buy” rating and $0.40 target. Scotia Capital maintained it with “Sector Perform” rating and $3.50 target in Tuesday, September 20 report. See Primero Mining Corp. (TSE:P) latest ratings:

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.12, from 0.92 in 2017Q3. It is positive, as 59 investors sold Primero Mining Corp. shares while 46 reduced holdings. 44 funds opened positions while 65 raised stakes. 233.88 million shares or 17.29% less from 282.75 million shares in 2017Q3 were reported. Sg Americas Limited Liability invested in 0.01% or 243,208 shares. National Bank Of New York Mellon Corporation has 839,291 shares. 11,177 are held by Gsa Capital Ptnrs Llp. Fmr Lc has invested 0% in Primero Mining Corp. (TSE:P). Pnc Fin Group invested 0% of its portfolio in Primero Mining Corp. (TSE:P). Two Sigma Limited Liability Corp reported 23,323 shares. Price T Rowe Associates Md accumulated 0% or 614,044 shares. 299,077 are owned by Profund Ltd Liability. Ibis Capital Llp accumulated 481,456 shares. Oz Management Ltd Partnership holds 0.02% or 777,500 shares. Sls Mngmt Limited Liability stated it has 9.1% of its portfolio in Primero Mining Corp. (TSE:P). Broadview Advsrs Limited Company invested in 132,150 shares. Highline Cap Management Ltd Partnership holds 6.19M shares. Bessemer Group Inc Inc owns 11,118 shares for 0% of their portfolio. 63,331 were reported by Nomura Inc.

The stock decreased 1.61% or $0.005 during the last trading session, reaching $0.305. About 1.27 million shares traded or 114.56% up from the average. Primero Mining Corp. (TSE:P) has 0.00% since May 27, 2017 and is . It has underperformed by 11.55% the S&P500.

Since February 16, 2018, it had 0 insider purchases, and 12 selling transactions for $1.09 million activity. Trimble John sold $64,322 worth of stock or 12,699 shares. $51,335 worth of Primero Mining Corp. (TSE:P) shares were sold by GERBITZ DAVID. Phillips Christopher W had sold 13,582 shares worth $68,794 on Friday, February 16. BENE STEPHEN G had sold 6,574 shares worth $48,628 on Wednesday, May 16. Robinson Kristen had sold 11,403 shares worth $57,757 on Friday, February 16. $86,271 worth of Primero Mining Corp. (TSE:P) shares were sold by Walker Karen Sammis.

Primero Mining Corp., a precious metals producer, engages in the acquisition, exploration, development, and operation of mineral resource properties in Canada and Mexico. The company has market cap of $58.88 million. The firm primarily explores for gold and silver deposits. It currently has negative earnings. It holds interests in the San Dimas Mine and the Cerro del Gallo project located in Mexico; and the Black Fox mine and adjoining properties located in the Timmins mining district, Ontario, Canada.

Utah Retirement Systems increased Simon Ppty Group Inc New (NYSE:SPG) stake by 4,200 shares to 73,320 valued at $12.59M in 2017Q4. It also upped Abbvie Inc (NYSE:ABBV) stake by 4,100 shares and now owns 296,505 shares. Amazon Com Inc (NASDAQ:AMZN) was raised too.

Among 34 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 120 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Sunday, April 15 report. The company was maintained on Friday, January 12 by BMO Capital Markets. The firm earned “Overweight” rating on Friday, October 13 by Barclays Capital. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Wednesday, October 14 by Keefe Bruyette & Woods. As per Wednesday, February 21, the company rating was maintained by Morgan Stanley. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Wednesday, October 14 by Argus Research. The company was upgraded on Friday, January 15 by Atlantic Securities. The firm has “Buy” rating given on Thursday, December 21 by Buckingham Research. The rating was maintained by Jefferies with “Buy” on Monday, January 8. As per Friday, August 18, the company rating was maintained by Keefe Bruyette & Woods.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “JPMorgan Chase: A Compelling Upside Case” on May 03, 2018, also Seekingalpha.com with their article: “JPMorgan Going From Strength To Strength” published on May 14, 2018, Seekingalpha.com published: “JPMorgan doubles down on AI” on May 04, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “JPMorgan: Magnificent Morgan” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “JPMorgan back to business in China” with publication date: May 14, 2018.

Since January 13, 2018, it had 3 buys, and 8 selling transactions for $18.63 million activity. 65,101 shares were sold by Erdoes Mary E., worth $7.31 million. On Saturday, January 13 the insider Friedman Stacey sold $1.99M. On Tuesday, January 16 CROWN JAMES S bought $825,327 worth of JPMorgan Chase & Co. (NYSE:JPM) or 7,280 shares. BACON ASHLEY sold $1.84 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. $5.43 million worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Petno Douglas B on Saturday, January 13. Scher Peter also sold $1.91 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. Combs Todd A. bought $1.49M worth of stock or 13,000 shares.

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

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