Hayek Kallen Investment Management Stake in Jpmorgan Chase & Co (JPM) Cut as Stock Price Declined; As Eaton Plc (ETN) Market Valuation Declined, Bangor Savings Bank Has Lifted by $374,960 Its Stake

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Bangor Savings Bank increased its stake in Eaton Corp Plc (ETN) by 37.43% based on its latest 2018Q3 regulatory filing with the SEC. Bangor Savings Bank bought 4,360 shares as the company’s stock declined 16.33% with the market. The institutional investor held 16,008 shares of the technology company at the end of 2018Q3, valued at $1.39 million, up from 11,648 at the end of the previous reported quarter. Bangor Savings Bank who had been investing in Eaton Corp Plc for a number of months, seems to be bullish on the $33.46B market cap company. The stock increased 0.70% or $0.54 during the last trading session, reaching $77.21. About 936,150 shares traded. Eaton Corporation plc (NYSE:ETN) has declined 7.68% since February 13, 2018 and is downtrending. It has underperformed by 7.68% the S&P500. Some Historical ETN News: 10/04/2018 – Eaton Partners Serves As Placement Agent For Copenhagen Infrastructure lll; 29/03/2018 – Catalyst Pharmaceuticals Announces Submission of New Drug Application for Firdapse® for Treatment of Lambert-Eaton Myasthenic Syndrome; 22/03/2018 – CDOT: US 85 Resurfacing from Eaton to Ault Project Team to Host Open House March 28 Mar 22, 2018; 10/04/2018 – Eaton to Announce First Quarter 2018 Earnings on May 1, 2018; 16/03/2018 – Eaton Partners Acts as Exclusive Placement Agent for Brightstar Capital Partners’ Inaugural Fund Program; 07/05/2018 – Eaton to Participate in the Electrical Products Group Conference May 21, 2018; 24/05/2018 – Eaton Partners Acted as Exclusive Placement Agent for DIF Management B.V; 01/05/2018 – Eaton Corp. 1Q EPS $1.10; 09/05/2018 – FORD SAYS ITS BUSINESS ACCOUNTS FOR ‘LESS THAN A THIRD’ OF VOLUME OF OUTPUT FROM MERIDIAN MAGNESIUM PLANT IN EATON RAPIDS, MICHIGAN; 15/05/2018 – Eaton Launches Educational Program Designed to Help Customers Better Understand Electrical Codes and Standards

Hayek Kallen Investment Management decreased its stake in Jpmorgan Chase & Co (JPM) by 42.72% based on its latest 2018Q3 regulatory filing with the SEC. Hayek Kallen Investment Management sold 3,099 shares as the company’s stock declined 10.86% with the market. The institutional investor held 4,155 shares of the major banks company at the end of 2018Q3, valued at $457,000, down from 7,254 at the end of the previous reported quarter. Hayek Kallen Investment Management who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $344.00 billion market cap company. The stock increased 0.84% or $0.86 during the last trading session, reaching $103.46. About 4.73M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has declined 3.12% since February 13, 2018 and is downtrending. It has underperformed by 3.12% the S&P500. Some Historical JPM News: 27/03/2018 – WYNN RESORTS LTD WYNN.O : JP MORGAN RAISES TARGET PRICE TO $214 FROM $196; 15/05/2018 – Apptio Presenting at JPMorgan Conference Tomorrow; 29/05/2018 – Jpmorgan Icvc – JPM UK Higher Inc Buys Into Mortgage Advice; 11/04/2018 – HISCOX LTD HSX.L : JP MORGAN RAISES TARGET PRICE TO 1750P FROM 1550P; 13/04/2018 – JPMORGAN’S DIMON SAYS “DESPITE CLIENT SENTIMENT REMAINING HIGH, THE ENVIRONMENT IS INTENSELY COMPETITIVE AND LENDING WAS FLAT FOR THE QUARTER”; 05/04/2018 – Chase and IHG® Expand Card Portfolio to Offer Richest Rewards Yet with Two New Cards, Premier and Traveler; 10/04/2018 – WESTAR ENERGY INC WR.N : JP MORGAN RAISES TARGET PRICE TO $55 FROM $54; 21/05/2018 – Moody’s: No Ratings Impact Following The Administrator Change For 1 Jpmorgan Chase Transaction; 12/03/2018 – MEDIA-Amazon plans to offer co-branded credit card to U.S. small-business customers- Bloomberg; 13/03/2018 – DELTA CONCLUDES COMMENTS AT JPMORGAN CONFERENCE

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 128 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods upgraded it to “Buy” rating and $127.0 target in Tuesday, February 13 report. The firm has “Overweight” rating given on Friday, February 2 by Morgan Stanley. The rating was upgraded by Credit Suisse to “Buy” on Thursday, April 12. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Monday, August 17 by KBW. The firm earned “Market Perform” rating on Friday, October 13 by BMO Capital Markets. The stock has “Neutral” rating by UBS on Monday, January 18. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, August 23. The rating was upgraded by BMO Capital Markets on Wednesday, September 16 to “Outperform”. Credit Suisse upgraded the stock to “Buy” rating in Thursday, January 4 report. The firm has “Buy” rating by Jefferies given on Monday, October 10.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Investorplace.com which released: “Why You Should Short JPMorgan Stock And Go Long Morgan Stanley Stock – Investorplace.com” on November 12, 2018, also Seekingalpha.com with their article: “Jamie Dimon’s 2018 compensation totaled $31M, topping pre-crisis record – Seeking Alpha” published on January 17, 2019, Investorplace.com published: “It Is a Good Time to Own JP Morgan Stock, But… – Investorplace.com” on December 31, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Cnbc.com and their article: “Stocks making the biggest moves premarket: JPM, UNH, DAL, AAPL, TLRY & more – CNBC” published on January 15, 2019 as well as Benzinga.com‘s news article titled: “J P Morgan Chase & Co (NYSE:JPM) – 2018 Was Bittersweet For Bitcoin: Focus On JPMorgan’s View Of BTC Futures On CBOE, CME – Benzinga” with publication date: December 31, 2018.

Since October 19, 2018, it had 2 insider buys, and 5 sales for $4.86 million activity. Friedman Stacey had sold 3,022 shares worth $317,310. $518,950 worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by CROWN JAMES S on Tuesday, February 5. 5,831 shares were sold by BACON ASHLEY, worth $599,304. $1.96 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Scher Peter. On Tuesday, January 29 the insider Petno Douglas B sold $1.22M. The insider Beer Lori A sold $1.40M.

Investors sentiment decreased to 0.95 in 2018 Q3. Its down 0.04, from 0.99 in 2018Q2. It worsened, as 37 investors sold JPM shares while 755 reduced holdings. 124 funds opened positions while 628 raised stakes. 2.32 billion shares or 1.12% less from 2.34 billion shares in 2018Q2 were reported. Bowling Mgmt Ltd Com accumulated 40,780 shares. Palo, California-based fund reported 39,730 shares. Weybosset Rech Mngmt Lc reported 3,515 shares stake. Matrix Asset Advisors Ny invested 4.94% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Gsa Cap Partners Llp reported 6,355 shares or 0.04% of all its holdings. Fred Alger Mngmt Incorporated accumulated 1.01M shares or 0.43% of the stock. Of Vermont reported 128,241 shares or 1.22% of all its holdings. Williams Jones And Associate Limited Liability Corporation has invested 1.21% in JPMorgan Chase & Co. (NYSE:JPM). Tompkins Fin Corp invested 1.29% in JPMorgan Chase & Co. (NYSE:JPM). Marvin & Palmer Assoc, a Delaware-based fund reported 49,652 shares. Evergreen Capital Mngmt Ltd Liability Corporation reported 18,106 shares. The Japan-based Norinchukin Bankshares The has invested 0.57% in JPMorgan Chase & Co. (NYSE:JPM). Bbr Ltd Liability Company reported 0.57% stake. Retail Bank owns 1.18 million shares. Dnb Asset Mngmt As reported 489,201 shares or 0% of all its holdings.

Among 34 analysts covering Eaton Corporation (NYSE:ETN), 18 have Buy rating, 3 Sell and 13 Hold. Therefore 53% are positive. Eaton Corporation had 110 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Friday, November 2 by Citigroup. The rating was initiated by Standpoint Research on Wednesday, January 20 with “Buy”. The stock has “Buy” rating by Deutsche Bank on Wednesday, October 31. As per Monday, August 13, the company rating was upgraded by JP Morgan. Jefferies upgraded the shares of ETN in report on Monday, March 26 to “Buy” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, May 2. As per Wednesday, January 3, the company rating was upgraded by Robert W. Baird. The company was maintained on Thursday, October 5 by Jefferies. The firm earned “Hold” rating on Thursday, February 1 by RBC Capital Markets. As per Tuesday, August 1, the company rating was maintained by Oppenheimer.

Bangor Savings Bank, which manages about $539.42 million US Long portfolio, decreased its stake in Philip Morris International (NYSE:PM) by 3,743 shares to 14,853 shares, valued at $1.21 million in 2018Q3, according to the filing. It also reduced its holding in Materials Select Spdr Fund (XLB) by 13,336 shares in the quarter, leaving it with 18,684 shares, and cut its stake in Visa Inc Cl A (NYSE:V).

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