Jupiter Asset Management Ltd Increased E Trade Financial Corp (NASDAQ:ETFC) Stake by $27.00 Million

February 14, 2018 - By Vivian Currie

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.14, from 1.24 in 2017Q2. It is negative, as 33 investors sold ETFC shares while 144 reduced holdings. 63 funds opened positions while 132 raised stakes. 245.70 million shares or 0.21% less from 246.20 million shares in 2017Q2 were reported. Citadel Advsrs Limited Liability holds 2.12 million shares or 0.07% of its portfolio. Pub Employees Retirement Association Of Colorado reported 54,969 shares stake. The Nevada-based Whittier Of Nevada Inc has invested 0% in E*TRADE Financial Corporation (NASDAQ:ETFC). Envestnet Asset Incorporated holds 0% or 6,594 shares in its portfolio. Bokf Na invested in 51,201 shares or 0.06% of the stock. Mutual Of America Capital Mngmt Ltd Liability Co holds 0.02% or 31,635 shares. Great West Life Assurance Can owns 0.02% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 223,732 shares. Shine Advisory Services Incorporated has 168 shares. Bluemar Capital Lc accumulated 151,200 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 187,317 shares or 0.33% of its portfolio. Gateway Investment Advisers Ltd Liability Corp stated it has 0.01% in E*TRADE Financial Corporation (NASDAQ:ETFC). Old Mutual Global Investors (Uk) reported 159 shares or 0% of all its holdings. Bronson Point Management Ltd Liability Co holds 1.75% or 125,000 shares. Rothschild Asset Management accumulated 965,076 shares. Poplar Forest Capital Limited Liability Company accumulated 11,000 shares or 0.04% of the stock.

Since August 18, 2017, it had 0 buys, and 8 selling transactions for $13.87 million activity. LAWSON RODGER A sold $675,418 worth of stock. 14,898 shares were sold by Roessner Karl A, worth $587,066. Curcio Michael John sold $1.77M worth of stock or 34,158 shares. SCLAFANI JOSEPH L also sold $105,500 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) on Tuesday, January 30.

Jupiter Asset Management Ltd increased its stake in E Trade Financial Corp (NASDAQ:ETFC) by 3148.13% based on its latest 2017Q4 regulatory filing with the SEC. Jupiter Asset Management Ltd bought 550,922 shares as the company’s stock declined 8.39% while stock markets rallied. The institutional investor held 568,422 shares of the savings institutions company at the end of 2017Q4, valued at $28.18 million, up from 17,500 at the end of the previous reported quarter. Jupiter Asset Management Ltd who had been investing in E Trade Financial Corp for a number of months, seems to be bullish on the $13.35 billion market cap company. The stock decreased 0.30% or $0.15 during the last trading session, reaching $50.05. About 2.20 million shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 29.03% since February 14, 2017 and is uptrending. It has outperformed by 12.33% the S&P500.

E*TRADE Financial Corporation (NASDAQ:ETFC) Ratings Coverage

Among 22 analysts covering E*TRADE (NASDAQ:ETFC), 19 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. E*TRADE has $66.0 highest and $25 lowest target. $45.62’s average target is -8.85% below currents $50.05 stock price. E*TRADE had 86 analyst reports since July 24, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, September 9 report. Credit Suisse maintained it with “Outperform” rating and $33 target in Wednesday, September 21 report. Barclays Capital maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Tuesday, August 9 with “Overweight” rating. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Hold” rating given on Tuesday, October 3 by Jefferies. The firm earned “Hold” rating on Friday, October 6 by Keefe Bruyette & Woods. On Thursday, January 25 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Buy” rating given on Friday, October 20 by SunTrust. The company was upgraded on Monday, December 19 by Suntrust Robinson. The company was maintained on Tuesday, November 29 by SunTrust. The company was maintained on Thursday, January 25 by Jefferies.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related services and products primarily to individual retail investors under the E*TRADE Financial brand. The company has market cap of $13.35 billion. It also offers investor-focused banking products, primarily deposits to retail investors; and financial corporate services, such as software and services for managing equity compensation plans to its corporate clients. It has a 23.28 P/E ratio. The firm provides its services to clients through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States.

More important recent E*TRADE Financial Corporation (NASDAQ:ETFC) news were published by: Businesswire.com which released: “E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2017 Results” on January 25, 2018, also Seekingalpha.com published article titled: “E*TRADE Financial’s (ETFC) CEO Karl Roessner on Q4 2017 Results – Earnings …”, Reuters.com published: “Slack adds Target, BBC, E*Trade as clients in enterprise push” on January 31, 2018. More interesting news about E*TRADE Financial Corporation (NASDAQ:ETFC) was released by: Businesswire.com and their article: “E*TRADE Financial Corporation Reports Monthly Activity for January 2018” with publication date: February 12, 2018.

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