As Continental Resources (CLR) Shares Declined, Shareholder First Republic Investment Management Has Decreased by $643,036 Its Stake; As Jinkosolar Hldg Co LTD (JKS) Market Valuation Rose, J&P China Capital Management Company Has Increased Holding

January 13, 2018 - By Linda Rogers

First Republic Investment Management Inc decreased its stake in Continental Resources Inc (CLR) by 22.98% based on its latest 2017Q3 regulatory filing with the SEC. First Republic Investment Management Inc sold 16,922 shares as the company’s stock declined 7.27% while stock markets rallied. The hedge fund held 56,712 shares of the energy company at the end of 2017Q3, valued at $2.19M, down from 73,634 at the end of the previous reported quarter. First Republic Investment Management Inc who had been investing in Continental Resources Inc for a number of months, seems to be less bullish one the $21.40 billion market cap company. The stock decreased 1.15% or $0.67 during the last trading session, reaching $57.66. About 2.14 million shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since January 13, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

J&P China Capital Management Company increased its stake in Jinkosolar Hldg Co Ltd (JKS) by 19.22% based on its latest 2017Q3 regulatory filing with the SEC. J&P China Capital Management Company bought 219,302 shares as the company’s stock rose 9.66% with the market. The institutional investor held 1.36 million shares of the semiconductors company at the end of 2017Q3, valued at $33.94 million, up from 1.14 million at the end of the previous reported quarter. J&P China Capital Management Company who had been investing in Jinkosolar Hldg Co Ltd for a number of months, seems to be bullish on the $800.32M market cap company. The stock decreased 0.73% or $0.18 during the last trading session, reaching $24.59. About 431,458 shares traded. JinkoSolar Holding Co., Ltd. (NYSE:JKS) has declined 11.42% since January 13, 2017 and is downtrending. It has underperformed by 28.12% the S&P500.

Among 9 analysts covering JinkoSolar Holding Co. (NYSE:JKS), 3 have Buy rating, 4 Sell and 2 Hold. Therefore 33% are positive. JinkoSolar Holding Co. had 17 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, August 22 by Credit Suisse. As per Friday, December 18, the company rating was initiated by Northland Capital. Roth Capital maintained the shares of JKS in report on Friday, November 20 with “Buy” rating. Roth Capital maintained JinkoSolar Holding Co., Ltd. (NYSE:JKS) rating on Monday, September 25. Roth Capital has “Hold” rating and $26.0 target. On Tuesday, August 25 the stock rating was maintained by Roth Capital with “Buy”. Citigroup downgraded the shares of JKS in report on Friday, May 26 to “Sell” rating. The company was maintained on Friday, November 20 by TH Capital. The firm has “Hold” rating by Roth Capital given on Monday, June 5. Credit Suisse maintained JinkoSolar Holding Co., Ltd. (NYSE:JKS) rating on Monday, March 21. Credit Suisse has “Outperform” rating and $40 target. As per Monday, January 8, the company rating was maintained by Credit Suisse.

J&P China Capital Management Company, which manages about $586.22M US Long portfolio, decreased its stake in Cheetah Mobile Inc (NYSE:CMCM) by 590,988 shares to 909,830 shares, valued at $7.65 million in 2017Q3, according to the filing.

First Republic Investment Management Inc, which manages about $25.99 billion and $13.89B US Long portfolio, upped its stake in Ishares Tr (IJR) by 10,809 shares to 416,836 shares, valued at $30.94 million in 2017Q3, according to the filing. It also increased its holding in First Tr Exchange Traded Fd (EMLP) by 22,303 shares in the quarter, for a total of 98,238 shares, and has risen its stake in Golub Cap Bdc Inc (NASDAQ:GBDC).

Analysts await Continental Resources, Inc. (NYSE:CLR) to report earnings on February, 28. They expect $0.20 earnings per share, up 385.71% or $0.27 from last year’s $-0.07 per share. CLR’s profit will be $74.23 million for 72.08 P/E if the $0.20 EPS becomes a reality. After $0.09 actual earnings per share reported by Continental Resources, Inc. for the previous quarter, Wall Street now forecasts 122.22% EPS growth.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.31, from 1.08 in 2017Q2. It is negative, as 42 investors sold CLR shares while 107 reduced holdings. 38 funds opened positions while 77 raised stakes. 82.82 million shares or 3.64% less from 85.95 million shares in 2017Q2 were reported. Rafferty Asset Mgmt Limited Liability Company reported 23,442 shares or 0.02% of all its holdings. Nordea Inv Mgmt stated it has 1,651 shares or 0% of all its holdings. Highland Cap Lp reported 0.08% in Continental Resources, Inc. (NYSE:CLR). State Street Corporation accumulated 0.01% or 3.05M shares. Pitcairn holds 6,686 shares. Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 22,924 shares. Kbc Group Inc Nv has 7,076 shares. Vanguard Gp reported 0.01% stake. Schwab Charles Investment Management accumulated 239,270 shares. Artemis Invest Llp holds 29,834 shares or 0.02% of its portfolio. Parametric Port Associate Ltd Liability Com stated it has 0.01% in Continental Resources, Inc. (NYSE:CLR). 131,592 were reported by Invesco Ltd. Quantitative Systematic Strategies Ltd Llc accumulated 6,707 shares. Millennium Management Limited Liability Company holds 0% or 51,764 shares. First Republic Invest Management has 0.02% invested in Continental Resources, Inc. (NYSE:CLR).

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