Cooke & Bieler LP Cut By $22.22 Million Its Jp Morgan Chase (JPM) Position; Rock Springs Capital Management LP Has Boosted Axogen (AXGN) Holding By $990,000

June 17, 2018 - By Clifton Ray

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Rock Springs Capital Management Lp increased Axogen Inc (AXGN) stake by 5.76% reported in 2018Q1 SEC filing. Rock Springs Capital Management Lp acquired 27,500 shares as Axogen Inc (AXGN)’s stock rose 53.73%. The Rock Springs Capital Management Lp holds 505,000 shares with $18.43 million value, up from 477,500 last quarter. Axogen Inc now has $1.89B valuation. The stock decreased 1.30% or $0.65 during the last trading session, reaching $49.5. About 344,673 shares traded. AxoGen, Inc. (NASDAQ:AXGN) has risen 194.48% since June 17, 2017 and is uptrending. It has outperformed by 181.91% the S&P500. Some Historical AXGN News: ; 30/04/2018 – AxoGen 1Q Loss/Shr 16c; 21/05/2018 – AXOGEN INC – ELECTED KAREN ZADEREJ AS CHAIRMAN OF BOARD IN ADDITION TO CURRENT ROLE AS PRESIDENT AND CEO; 09/05/2018 – AxoGen Sees $123 Million in Gross Proceeds From Offering; 07/05/2018 – AxoGen Announces Proposed Public Offering of Common Stk; 14/05/2018 – AxoGen, Inc. Announces Closing of Public Offering of Common Stk; 07/05/2018 – AXOGEN INC – INTENDS TO USE NET PROCEEDS FROM PROPOSED OFFERING FOR LONG TERM FACILITY AND CAPACITY EXPANSION AND GENERAL CORPORATE PURPOSES; 21/05/2018 – AxoGen, Inc. Announces Appointment of Karen Zaderej as Chairman of the Board; 30/04/2018 – AxoGen 1Q Rev $17.3M; 21/05/2018 – AxoGen at JMP Securities Life Sciences Conference Jun 20; 14/05/2018 – AxoGen Expects Net Proceeds of $132.5 Million

Cooke & Bieler Lp decreased Jp Morgan Chase (JPM) stake by 18.55% reported in 2018Q1 SEC filing. Cooke & Bieler Lp sold 203,898 shares as Jp Morgan Chase (JPM)’s stock declined 6.83%. The Cooke & Bieler Lp holds 895,038 shares with $98.43 million value, down from 1.10M last quarter. Jp Morgan Chase now has $367.33 billion valuation. The stock decreased 0.12% or $0.13 during the last trading session, reaching $107.9. About 26.03 million shares traded or 76.80% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since June 17, 2017 and is uptrending. It has outperformed by 17.08% the S&P500. Some Historical JPM News: ; 13/03/2018 – COUPA SOFTWARE INC COUP.O : JP MORGAN RAISES TARGET PRICE TO $38 FROM $32; 29/05/2018 – European rules unbundling research and trade execution has resulted in clients spending about 25 percent less on research, according to J.P. Morgan Chase co-President Daniel Pinto; 17/04/2018 – J.P. MORGAN EXPANDS BETA STRATEGIES TEAM WITH HIRE OF LOWE; 22/05/2018 – Qiagen at J.P. Morgan European Health Care Conference Jun 21; 15/05/2018 – CFA: JPMorgan poaches Wells Fargo banker for entertainment group; 08/03/2018 – HDFC BANK IS SAID TO PICK BAML, MS, CREDIT SUISSE, JPMORGAN; 09/03/2018 – CSX Corporation President & CEO to Address J.P. Morgan Aviation, Transportation and Industrials Conference; 08/03/2018 – JPM’s Pinto sees possible 40 pct correction in equities – Bloomberg; 04/05/2018 – CenturyLink Presenting at JPMorgan Conference May 16; 13/04/2018 – J.P. Morgan Chase 1Q Noninterest Revenue $15.1B

Rock Springs Capital Management Lp decreased Anaptysbio Inc stake by 7,400 shares to 135,000 valued at $14.05M in 2018Q1. It also reduced Pra Health Sciences Inc stake by 82,500 shares and now owns 395,000 shares. Madrigal Pharmaceuticals Inc was reduced too.

Among 8 analysts covering AxoGen (NASDAQ:AXGN), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AxoGen had 23 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Wedbush on Friday, August 28. Wedbush maintained AxoGen, Inc. (NASDAQ:AXGN) rating on Monday, November 7. Wedbush has “Outperform” rating and $12 target. The company was maintained on Monday, August 21 by Cantor Fitzgerald. As per Tuesday, May 1, the company rating was maintained by JMP Securities. Cantor Fitzgerald maintained it with “Overweight” rating and $45 target in Tuesday, May 1 report. As per Wednesday, February 28, the company rating was maintained by Cantor Fitzgerald. The stock of AxoGen, Inc. (NASDAQ:AXGN) has “Buy” rating given on Tuesday, November 22 by Lake Street. The firm has “Outperform” rating given on Tuesday, November 21 by Leerink Swann. Roth Capital maintained AxoGen, Inc. (NASDAQ:AXGN) on Monday, September 11 with “Buy” rating. Cantor Fitzgerald maintained it with “Buy” rating and $37.0 target in Monday, January 8 report.

More important recent AxoGen, Inc. (NASDAQ:AXGN) news were published by: Globenewswire.com which released: “AxoGen, Inc. to Present at Upcoming Investor Conferences” on June 06, 2018, also Nasdaq.com published article titled: “AxoGen, Inc. Announces Repayment in Full of its $25 million Outstanding Debt”, Nasdaq.com published: “AxoGen, Inc. Announces Appointment of Karen Zaderej as Chairman of the Board” on May 21, 2018. More interesting news about AxoGen, Inc. (NASDAQ:AXGN) was released by: Globenewswire.com and their article: “Report: Developing Opportunities within Wix, AxoGen, YPF Sociedad Anonima, Orix Corp Ads, Travelport Worldwide …” with publication date: June 04, 2018.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 13 before the open. They expect $2.25 EPS, up 23.63% or $0.43 from last year’s $1.82 per share. JPM’s profit will be $7.66B for 11.99 P/E if the $2.25 EPS becomes a reality. After $2.37 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -5.06% negative EPS growth.

Since January 13, 2018, it had 3 insider purchases, and 8 sales for $18.63 million activity. Combs Todd A. also bought $1.49M worth of JPMorgan Chase & Co. (NYSE:JPM) on Monday, May 14. $2.00M worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by HOBSON MELLODY L. BACON ASHLEY had sold 16,434 shares worth $1.84 million. Giles Nicole sold $425,399 worth of stock or 3,783 shares. Friedman Stacey also sold $1.99 million worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. Petno Douglas B sold $5.43 million worth of stock. $825,327 worth of stock was bought by CROWN JAMES S on Tuesday, January 16.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.07, from 0.88 in 2017Q4. It fall, as 52 investors sold JPM shares while 843 reduced holdings. 132 funds opened positions while 596 raised stakes. 2.39 billion shares or 2.61% less from 2.46 billion shares in 2017Q4 were reported. Kj Harrison Ptnrs owns 1.86% invested in JPMorgan Chase & Co. (NYSE:JPM) for 51,794 shares. The California-based Boltwood Mgmt has invested 1.84% in JPMorgan Chase & Co. (NYSE:JPM). Monetary Mgmt Grp Inc owns 45,495 shares or 2.07% of their US portfolio. Miracle Mile Advsrs reported 74,992 shares. Peapack Gladstone Corp invested 0% in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Sns Gru Ltd Liability has 0.13% invested in JPMorgan Chase & Co. (NYSE:JPM) for 4,330 shares. Trustco Savings Bank N Y accumulated 3.95% or 35,331 shares. Argent Mngmt Ltd Company invested 4.23% in JPMorgan Chase & Co. (NYSE:JPM). Palladium Prtn Ltd invested in 3.01% or 369,965 shares. Northern Limited reported 46,982 shares stake. 188,911 are owned by Private Asset Mngmt. 10,000 were accumulated by Colrain Ltd Llc. Portland Invest Counsel holds 8,295 shares or 0.84% of its portfolio. Morgens Waterfall Vintiadis & has invested 0.8% in JPMorgan Chase & Co. (NYSE:JPM). 14.98 million were reported by Royal Bancorporation Of Canada.

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. The company was maintained on Wednesday, August 23 by BMO Capital Markets. The rating was maintained by BMO Capital Markets on Friday, October 6 with “Hold”. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Monday, October 9 by Credit Suisse. The firm earned “Hold” rating on Tuesday, January 9 by Societe Generale. The rating was maintained by Wells Fargo on Wednesday, January 17 with “Buy”. The stock has “Hold” rating by Robert W. Baird on Wednesday, September 20. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Strong-Buy” rating given on Friday, August 28 by Vetr. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Neutral” rating given on Thursday, April 14 by Goldman Sachs. The stock has “Hold” rating by Robert W. Baird on Tuesday, January 2. Barclays Capital maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Tuesday, January 2. Barclays Capital has “Buy” rating and $132.0 target.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “What’s Going On With JPMorgan?” on June 17, 2018, also Thestreet.com with their article: “5 Reasons Why JPMorgan Will Be a Monster Trade” published on May 30, 2018, Seekingalpha.com published: “JPMorgan (JPM) Management Presents at Morgan Stanley Financials Conference (Transcript)” on June 13, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Benzinga.com and their article: “A Concerning Weakness In Bank Stocks” published on June 16, 2018 as well as Seekingalpha.com‘s news article titled: “US banks fall as ECB keeps rates unchanged, day after Fed raises” with publication date: June 14, 2018.

Cooke & Bieler Lp increased Gorman Rupp Co (NYSEMKT:GRC) stake by 102,841 shares to 324,569 valued at $9.49 million in 2018Q1. It also upped Crown Holdings (NYSE:CCK) stake by 603,518 shares and now owns 2.24 million shares. Verizon Communications (NYSE:VZ) was raised too.

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