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Gillespie Robinson & Grimm Inc increased its stake in Bank Of America Corp (BAC) by 3.63% based on its latest 2019Q3 regulatory filing with the SEC. Gillespie Robinson & Grimm Inc bought 38,606 shares as the company’s stock rose 17.60% . The institutional investor held 1.10 million shares of the major banks company at the end of 2019Q3, valued at $32.18 million, up from 1.06M at the end of the previous reported quarter. Gillespie Robinson & Grimm Inc who had been investing in Bank Of America Corp for a number of months, seems to be bullish on the $310.00 billion market cap company. The stock decreased 0.69% or $0.24 during the last trading session, reaching $34.44. About 46.41 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.12% since December 14, 2018 and is uptrending. It has outperformed by 28.12% the S&P500. Some Historical BAC News: 15/05/2018 – AnaptysBio Presenting at Bank of America Conference Tomorrow; 06/03/2018 – MOVES-Senior energy trader at Bank of America Merrill Lynch departs; 09/05/2018 – Spectrum Pharmaceuticals to Present Corporate Update at the Bank of America Merrill Lynch 2018 Health Care Conference on May 16th; 18/04/2018 – Euro, yuan and rouble lead forex trading revival – BAML; 07/05/2018 – ANNOUNCED: Toyota $1.25b Prime Auto ABS via BofA/Lloyds/SMBC; 25/04/2018 – Bank of America Bond Trading 2x Average; Clients Net Buyers; 04/05/2018 – Crispr Therapeutics at Bank of America Conference May 17; 16/04/2018 – Bank of America 1Q Return on Average Assets 1.21%; 26/03/2018 – U.S. banks provide rescue financing for gunmaker Remington; 14/05/2018 – NuVasive Presenting at Bank of America Conference Tomorrow

Jet Capital Investors LP decreased its stake in Firstenergy Corp (FE) by 47.5% based on its latest 2019Q3 regulatory filing with the SEC. Jet Capital Investors LP sold 484,000 shares as the company’s stock rose 3.11% . The hedge fund held 535,000 shares of the central company at the end of 2019Q3, valued at $25.80M, down from 1.02M at the end of the previous reported quarter. Jet Capital Investors LP who had been investing in Firstenergy Corp for a number of months, seems to be less bullish one the $26.00B market cap company. The stock increased 0.21% or $0.1 during the last trading session, reaching $47.95. About 3.11M shares traded. FirstEnergy Corp. (NYSE:FE) has risen 23.80% since December 14, 2018 and is uptrending. It has outperformed by 23.80% the S&P500. Some Historical FE News: 15/05/2018 – FirstEnergy Plans to Invest Up to $4.8 Billion From 2018-2021; 29/03/2018 – FIRSTENERGY SOLUTIONS SEEKS EMERGENCY ORDER TO AVERT POWER CRIS; 23/04/2018 – FirstEnergy Announces Agreement in Principle with Creditors in FirstEnergy Solutions’ Chapter 11 Proceedings; 31/03/2018 – FirstEnergy Solutions, Nuclear Operating: Legislative, Regulatory Relief Under Review; 05/04/2018 – FE: Trump says they’re working on “the 202” the emergency order FirstEnergy is asking DOE to grant to keep struggling coal and nuclear plants open – ! $FE; 25/04/2018 – FirstEnergy Intends to Permanently Deactivate Two Nuclear Power Plants in Ohio and One in Pennsylvania; 12/03/2018 – Altura Energy Roadshow Scheduled By GMP FirstEnergy for Mar. 19; 30/05/2018 – Moody’s Changes Rating Outlook For Firstenergy’s Ohio Utilities To Positive; 29/03/2018 – FirstEnergy Asks Trump Administration to Intervene; 23/04/2018 – FIRSTENERGY SAYS FINANCIAL HELP FOR FES ENDS AFTER BANKRUPTCY

Jet Capital Investors L P, which manages about $1.55B and $473.05M US Long portfolio, upped its stake in Centene Corp Del (NYSE:CNC) by 155,145 shares to 908,885 shares, valued at $39.32 million in 2019Q3, according to the filing. It also increased its holding in T Mobile Us Inc (NYSE:TMUS) by 158,876 shares in the quarter, for a total of 353,810 shares, and has risen its stake in Spdr S&P 500 Etf Tr (Call) (SPY).

More notable recent FirstEnergy Corp. (NYSE:FE) news were published by: Finance.Yahoo.com which released: “Would FirstEnergy Corp. (NYSE:FE) Be Valuable To Income Investors? – Yahoo Finance” on December 09, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Aren’t Crazy About FirstEnergy Corp. (FE) Anymore – Yahoo Finance” published on December 03, 2019, Seekingalpha.com published: “Lanny’s November Dividend Income Summary – Seeking Alpha” on December 12, 2019. More interesting news about FirstEnergy Corp. (NYSE:FE) were released by: Finance.Yahoo.com and their article: “If You Had Bought FirstEnergy (NYSE:FE) Stock Three Years Ago, You Could Pocket A 36% Gain Today – Yahoo Finance” published on August 21, 2019 as well as Crainscleveland.com‘s news article titled: “FirstEnergy Solutions to become Energy Harbor, keep headquarters in Akron – Crain’s Cleveland Business” with publication date: November 25, 2019.

Investors sentiment decreased to 1.15 in 2019 Q3. Its down 0.18, from 1.33 in 2019Q2. It dived, as 37 investors sold FE shares while 158 reduced holdings. 63 funds opened positions while 161 raised stakes. 464.69 million shares or 2.05% less from 474.43 million shares in 2019Q2 were reported. Moreover, Jane Street Grp Lc has 0% invested in FirstEnergy Corp. (NYSE:FE) for 47,925 shares. Reaves W H accumulated 1.35% or 914,045 shares. Tennessee-based Ftb has invested 0.37% in FirstEnergy Corp. (NYSE:FE). Bessemer Gp reported 0% in FirstEnergy Corp. (NYSE:FE). Hbk Sorce Advisory Limited Liability Company owns 0.02% invested in FirstEnergy Corp. (NYSE:FE) for 5,056 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt reported 34,602 shares. Connecticut-based Quantitative Systematic Strategies Ltd Com has invested 0.9% in FirstEnergy Corp. (NYSE:FE). Allworth LP holds 0% or 452 shares in its portfolio. California-based Causeway Management Ltd Llc has invested 1.86% in FirstEnergy Corp. (NYSE:FE). 185,992 were accumulated by Pub Employees Retirement Of Ohio. Sg Americas Securities Ltd Liability Corporation accumulated 178,022 shares. Raymond James Tru Na accumulated 0.03% or 11,837 shares. Valley Natl Advisers, Pennsylvania-based fund reported 133 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh owns 0.08% invested in FirstEnergy Corp. (NYSE:FE) for 32,556 shares. Cetera Advisors Limited Com reported 5,728 shares.

Analysts await FirstEnergy Corp. (NYSE:FE) to report earnings on February, 18. They expect $0.49 earnings per share, down 2.00% or $0.01 from last year’s $0.5 per share. FE’s profit will be $265.69 million for 24.46 P/E if the $0.49 EPS becomes a reality. After $0.76 actual earnings per share reported by FirstEnergy Corp. for the previous quarter, Wall Street now forecasts -35.53% negative EPS growth.

Gillespie Robinson & Grimm Inc, which manages about $954.83 million and $830.31M US Long portfolio, decreased its stake in Dunkin` Brands Group Inc (NASDAQ:DNKN) by 10,030 shares to 382,750 shares, valued at $30.38 million in 2019Q3, according to the filing. It also reduced its holding in Visa Inc (NYSE:V) by 19,256 shares in the quarter, leaving it with 190,482 shares, and cut its stake in Dollar General Corp. (NYSE:DG).

Investors sentiment decreased to 0.89 in 2019 Q3. Its down 0.10, from 0.99 in 2019Q2. It dropped, as 46 investors sold BAC shares while 608 reduced holdings. 132 funds opened positions while 453 raised stakes. 6.04 billion shares or 5.90% less from 6.42 billion shares in 2019Q2 were reported. Nelson Roberts Advisors Lc owns 7,139 shares. 239,070 are held by Oakbrook Invs Ltd. Front Barnett Assoc Lc accumulated 446,316 shares. Mitchell Mcleod Pugh And Williams reported 0.87% stake. Moreover, Cardinal Mgmt has 1.23% invested in Bank of America Corporation (NYSE:BAC). Mycio Wealth Prtn Llc holds 0.05% or 23,646 shares. Laurion Capital Management Limited Partnership reported 296,634 shares. Davis stated it has 0.69% in Bank of America Corporation (NYSE:BAC). Ycg Limited invested 1.93% in Bank of America Corporation (NYSE:BAC). Clean Yield Group stated it has 300 shares or 0% of all its holdings. Focused Ltd owns 3.69 million shares for 4.72% of their portfolio. Edgemoor Investment reported 1.05% in Bank of America Corporation (NYSE:BAC). Levin Strategies Limited Partnership accumulated 98,959 shares. 10.77 million are owned by State Of Wisconsin Inv Board. Altfest L J & has 39,834 shares for 0.3% of their portfolio.

FirstEnergy Corp. (NYSE:FE) Institutional Positions Chart




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