Busey Trust Company Has Lowered Its Position in Jp Morgan Chase & Co (JPM) by $469,205 as Share Price Declined; Budros Ruhlin & Roe Has Boosted Its Stake in Carmax (KMX) by $546,150 as Share Value Declined

January 14, 2018 - By Marie Mckinney

Budros Ruhlin & Roe Inc increased its stake in Carmax Inc (KMX) by 82.82% based on its latest 2017Q3 regulatory filing with the SEC. Budros Ruhlin & Roe Inc bought 7,282 shares as the company’s stock declined 3.39% while stock markets rallied. The institutional investor held 16,075 shares of the automotive aftermarket company at the end of 2017Q3, valued at $1.22M, up from 8,793 at the end of the previous reported quarter. Budros Ruhlin & Roe Inc who had been investing in Carmax Inc for a number of months, seems to be bullish on the $13.19B market cap company. The stock increased 0.58% or $0.42 during the last trading session, reaching $72.33. About 1.90 million shares traded. CarMax Inc. (NYSE:KMX) has risen 26.17% since January 14, 2017 and is uptrending. It has outperformed by 9.47% the S&P500.

Busey Trust Company decreased its stake in Jp Morgan Chase & Co (JPM) by 2.65% based on its latest 2017Q3 regulatory filing with the SEC. Busey Trust Company sold 4,939 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 181,728 shares of the major banks company at the end of 2017Q3, valued at $17.36M, down from 186,667 at the end of the previous reported quarter. Busey Trust Company who had been investing in Jp Morgan Chase & Co for a number of months, seems to be less bullish one the $390.88B market cap company. The stock increased 1.65% or $1.83 during the last trading session, reaching $112.67. About 18.88 million shares traded or 45.90% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since January 14, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Since September 1, 2017, it had 1 buying transaction, and 15 selling transactions for $45.21 million activity. Nash William D also sold $7.42 million worth of CarMax Inc. (NYSE:KMX) shares. Daniels Jon G sold $3.72 million worth of stock. Another trade for 201,701 shares valued at $14.84M was sold by Wood William C Jr.. $869,588 worth of CarMax Inc. (NYSE:KMX) was sold by Grubb Edgar H. On Tuesday, October 3 TIEFEL WILLIAM R sold $1.76M worth of CarMax Inc. (NYSE:KMX) or 23,000 shares. On Tuesday, September 26 Reedy Thomas W JR sold $5.56M worth of CarMax Inc. (NYSE:KMX) or 75,675 shares.

Among 17 analysts covering Carmax Inc (NYSE:KMX), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Carmax Inc had 56 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of CarMax Inc. (NYSE:KMX) earned “Buy” rating by RBC Capital Markets on Friday, October 27. Susquehanna maintained the stock with “Positive” rating in Friday, April 7 report. Wedbush maintained the shares of KMX in report on Wednesday, January 18 with “Neutral” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, December 21. The rating was maintained by Oppenheimer with “Buy” on Wednesday, April 12. The rating was downgraded by Buckingham Research on Friday, September 9 to “Neutral”. The firm earned “Buy” rating on Thursday, December 21 by Credit Suisse. RBC Capital Markets maintained CarMax Inc. (NYSE:KMX) on Friday, September 22 with “Buy” rating. Susquehanna maintained it with “Hold” rating and $68.0 target in Friday, December 22 report. Vetr downgraded the shares of KMX in report on Friday, September 4 to “Buy” rating.

Investors sentiment decreased to 0.9 in Q3 2017. Its down 0.01, from 0.91 in 2017Q2. It worsened, as 25 investors sold KMX shares while 163 reduced holdings. 57 funds opened positions while 112 raised stakes. 188.17 million shares or 4.44% less from 196.91 million shares in 2017Q2 were reported. Secor Cap Advsr Lp invested in 0.25% or 35,185 shares. First Quadrant LP Ca has invested 0.01% in CarMax Inc. (NYSE:KMX). Brinker Cap owns 34,372 shares. London Of Virginia owns 3.10 million shares or 1.68% of their US portfolio. Td Asset Mngmt Inc holds 0.02% or 187,633 shares. M&T Bankshares Corporation holds 0.02% of its portfolio in CarMax Inc. (NYSE:KMX) for 55,404 shares. Parallax Volatility Advisers Limited Partnership holds 0.01% or 79,130 shares. First Manhattan stated it has 164,375 shares or 0.07% of all its holdings. Freestone Capital Lc reported 16,040 shares. Balyasny Asset Mgmt Limited Liability Co holds 0.01% or 28,428 shares in its portfolio. Putnam Limited Liability Company reported 34,993 shares stake. Morgens Waterfall Vintiadis And Inc has invested 0.45% in CarMax Inc. (NYSE:KMX). Geode Capital Mgmt Ltd holds 0.05% of its portfolio in CarMax Inc. (NYSE:KMX) for 1.80 million shares. Melvin Cap Management LP owns 1.40M shares. Kcm Investment Advisors Limited Liability Corp invested 0.02% of its portfolio in CarMax Inc. (NYSE:KMX).

Busey Trust Company, which manages about $836.74M US Long portfolio, upped its stake in Vanguard Intermediate (VCIT) by 4,162 shares to 264,347 shares, valued at $23.27 million in 2017Q3, according to the filing.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Friday, October 6. The rating was downgraded by Robert W. Baird on Wednesday, November 9 to “Neutral”. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Outperform” rating given on Friday, April 28 by Vining Sparks. Argus Research maintained the shares of JPM in report on Wednesday, October 14 with “Buy” rating. As per Wednesday, December 6, the company rating was maintained by RBC Capital Markets. The rating was maintained by UBS on Friday, January 15 with “Neutral”. Keefe Bruyette & Woods downgraded the shares of JPM in report on Tuesday, January 17 to “Mkt Perform” rating. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 17. As per Thursday, July 20, the company rating was maintained by Oppenheimer. As per Tuesday, January 3, the company rating was maintained by Barclays Capital.

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