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

February 14, 2018 - By Darrin Black

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.14, from 1.24 in 2017Q2. It dived, 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. Rampart Invest Limited Com invested 0.05% in E*TRADE Financial Corporation (NASDAQ:ETFC). Art Advisors Ltd Com reported 0.05% in E*TRADE Financial Corporation (NASDAQ:ETFC). Loomis Sayles Limited Partnership owns 609 shares. Fifth Third Savings Bank holds 0.38% or 1.23 million shares in its portfolio. 49,248 were accumulated by Lpl Limited Liability Corporation. Cibc Ww invested 0.02% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Apg Asset Nv stated it has 2.34M shares. Morgan Stanley has 2.03M shares. Assetmark Inc has 32 shares. Vident Advisory has 0.15% invested in E*TRADE Financial Corporation (NASDAQ:ETFC). Ing Groep Nv holds 0.02% or 23,771 shares in its portfolio. Brandywine Global Invest Management Limited Liability Co holds 241,354 shares or 0.07% of its portfolio. Citigroup Inc stated it has 743,027 shares. Td Asset Mgmt invested in 0.04% or 642,290 shares. Axa has 0% invested in E*TRADE Financial Corporation (NASDAQ:ETFC).

Since August 18, 2017, it had 0 insider buys, and 8 selling transactions for $13.87 million activity. $1.35M worth of E*TRADE Financial Corporation (NASDAQ:ETFC) was sold by Curcio Michael John on Tuesday, September 12. 2,000 E*TRADE Financial Corporation (NASDAQ:ETFC) shares with value of $105,500 were sold by SCLAFANI JOSEPH L. LAWSON RODGER A also sold $59,157 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) shares. Another trade for 69,829 shares valued at $3.60 million was made by Pizzi Michael A. on Wednesday, February 7.

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 2.20M 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. The company was maintained on Friday, October 23 by Barclays Capital. Nomura maintained the stock with “Buy” rating in Monday, April 4 report. The stock has “Buy” rating by Evercore on Wednesday, September 9. The firm earned “Buy” rating on Thursday, March 17 by Deutsche Bank. The firm earned “Hold” rating on Tuesday, November 29 by SunTrust. Jefferies maintained E*TRADE Financial Corporation (NASDAQ:ETFC) rating on Monday, July 10. Jefferies has “Hold” rating and $3900 target. The firm earned “Overweight” rating on Friday, October 20 by Barclays Capital. SunTrust maintained the stock with “Buy” rating in Friday, January 26 report. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Buy” rating by Buckingham Research on Wednesday, July 13. As per Tuesday, July 25, the company rating was maintained by Morgan Stanley.

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: Reuters.com which released: “Slack adds Target, BBC, E*Trade as clients in enterprise push” on January 31, 2018, also Seekingalpha.com published article titled: “E*TRADE Financial’s (ETFC) CEO Karl Roessner on Q4 2017 Results – Earnings …”, Businesswire.com published: “E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2017 Results” on January 25, 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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