Willis Investment Counsel Has Trimmed Automatic Data Proc (ADP) Position; Jacobs Asset Management Has Cut Its Cherry Hill Mtg Invt (CHMI) Position

February 23, 2018 - By wolcottdaily

Jacobs Asset Management Llc decreased Cherry Hill Mtg Invt Corp (CHMI) stake by 22.79% reported in 2017Q3 SEC filing. Jacobs Asset Management Llc sold 105,322 shares as Cherry Hill Mtg Invt Corp (CHMI)’s stock declined 0.22%. The Jacobs Asset Management Llc holds 356,755 shares with $6.46 million value, down from 462,077 last quarter. Cherry Hill Mtg Invt Corp now has $214.02M valuation. The stock increased 0.66% or $0.11 during the last trading session, reaching $16.61. About 3,744 shares traded. Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) has risen 20.72% since February 23, 2017 and is uptrending. It has outperformed by 4.02% the S&P500.

Willis Investment Counsel decreased Automatic Data Proc (ADP) stake by 37.32% reported in 2017Q3 SEC filing. Willis Investment Counsel sold 34,300 shares as Automatic Data Proc (ADP)’s stock declined 1.06%. The Willis Investment Counsel holds 57,600 shares with $6.30 million value, down from 91,900 last quarter. Automatic Data Proc now has $51.55 billion valuation. The stock increased 0.75% or $0.86 during the last trading session, reaching $116.29. About 126,914 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since February 23, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Automatic Data had 57 analyst reports since August 3, 2015 according to SRatingsIntel. On Wednesday, January 31 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Buy” rating given on Tuesday, May 3 by Argus Research. As per Monday, January 30, the company rating was maintained by Stifel Nicolaus. Robert W. Baird downgraded Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Friday, July 29. Robert W. Baird has “Neutral” rating and $94 target. The company was maintained on Friday, October 13 by BMO Capital Markets. As per Thursday, January 18, the company rating was maintained by RBC Capital Markets. The firm earned “Outperform” rating on Monday, July 11 by Bernstein. The company was initiated on Friday, September 9 by Wedbush. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, October 26 report. The company was downgraded on Friday, June 2 by Evercore.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on May, 2. They expect $1.44 earnings per share, up 9.92% or $0.13 from last year’s $1.31 per share. ADP’s profit will be $638.31M for 20.19 P/E if the $1.44 EPS becomes a reality. After $0.99 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts 45.45% EPS growth.

Since September 1, 2017, it had 0 buys, and 32 insider sales for $45.48 million activity. O’Brien Dermot J had sold 9,775 shares worth $1.19M. Another trade for 592 shares valued at $72,129 was sold by Black Maria. Ayala John had sold 6,508 shares worth $755,123. Bonarti Michael A sold $452,517 worth of stock or 3,900 shares. Perrotti Thomas J had sold 761 shares worth $92,720 on Tuesday, January 23. 1,652 shares valued at $206,500 were sold by Sackman Stuart on Wednesday, January 31. Another trade for 3,242 shares valued at $405,250 was sold by Weinstein Donald.

Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. It dived, as 60 investors sold ADP shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. Texas Permanent School Fund accumulated 123,150 shares or 0.17% of the stock. Cincinnati Casualty stated it has 72,000 shares or 6.76% of all its holdings. M&T Bancshares Corp stated it has 523,800 shares or 0.31% of all its holdings. Glenview Financial Bank Trust Dept owns 7,500 shares. Moreover, Rathbone Brothers Pcl has 0.01% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). 486 are held by Lazard Asset Ltd. 9,907 are owned by Tudor Inv Corporation Et Al. Spectrum Management Gru holds 0.5% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 14,074 shares. Finemark Bankshares & accumulated 8,760 shares. The Pennsylvania-based Vanguard Grp Inc has invested 0.18% in Automatic Data Processing, Inc. (NASDAQ:ADP). Loring Wolcott Coolidge Fiduciary Advsr Limited Liability Partnership Ma accumulated 3.01% or 1.43M shares. First Eagle Invest Management Ltd Liability Company reported 1.60M shares. Tributary Limited Liability Corporation holds 200 shares. Sva Plumb Wealth has 4,284 shares. Boston Private Wealth Ltd Liability Corporation owns 0.89% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 210,778 shares.

Willis Investment Counsel increased Kellogg (NYSE:K) stake by 44,500 shares to 117,325 valued at $7.32 million in 2017Q3. It also upped Intel Corp (NASDAQ:INTC) stake by 16,040 shares and now owns 821,884 shares. Maxim Integrated Prods (NASDAQ:MXIM) was raised too.

Investors sentiment decreased to 1.14 in 2017 Q3. Its down 2.74, from 3.88 in 2017Q2. It is negative, as 7 investors sold CHMI shares while 29 reduced holdings. 15 funds opened positions while 26 raised stakes. 7.28 million shares or 53.36% less from 15.61 million shares in 2017Q2 were reported. United Kingdom-based Legal And General Group Public Ltd Co has invested 0% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Sei stated it has 0% of its portfolio in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Qs Investors Limited Company owns 12,824 shares. Millennium Mngmt Ltd Liability holds 158,467 shares or 0% of its portfolio. D E Shaw Co Inc holds 0% or 18,101 shares in its portfolio. Clear Harbor Asset Mngmt Ltd Llc invested in 61,974 shares or 0.22% of the stock. Arrowstreet Capital Ltd Partnership reported 0% stake. Blackrock Inc holds 0% or 989,055 shares. Schwab Charles Investment holds 0% or 19,100 shares. National Bank Of Mellon Corp stated it has 70,407 shares. California Employees Retirement Sys has invested 0% of its portfolio in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). The Ohio-based Stratos Wealth Partners has invested 0.01% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Jacobs Levy Equity Management Inc has invested 0.02% in Cherry Hill Mortgage Investment Corporation (NYSE:CHMI). Cornerstone Capital Management Holding Co accumulated 68,800 shares. New York State Common Retirement Fund holds 0% or 12,600 shares.

Jacobs Asset Management Llc increased Southern Mo Bancorp Inc (NASDAQ:SMBC) stake by 20,883 shares to 537,829 valued at $19.63 million in 2017Q3. It also upped Horizon Bancorp Ind (NASDAQ:HBNC) stake by 55,429 shares and now owns 327,846 shares. Servisfirst Bancshares Inc (NASDAQ:SFBS) was raised too.

Analysts await Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) to report earnings on March, 13. They expect $0.52 earnings per share, up 1.96% or $0.01 from last year’s $0.51 per share. CHMI’s profit will be $6.70 million for 7.99 P/E if the $0.52 EPS becomes a reality. After $0.52 actual earnings per share reported by Cherry Hill Mortgage Investment Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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