UFP Technologies, Inc. (UFPT) Touches $40.15 High on Jun, 11; Ruffer Llp Has Cut Jpmorgan Chase & Co (JPM) Stake

UFP Technologies, Inc. (NASDAQ:UFPT) Logo

The stock of UFP Technologies, Inc. (NASDAQ:UFPT) reached all time high today, Jun, 11 and still has $42.56 target or 6.00% above today’s $40.15 share price. This indicates more upside for the $298.06M company. This technical setup was reported by Barchart.com. If the $42.56 PT is reached, the company will be worth $17.88 million more. The stock increased 0.90% or $0.36 during the last trading session, reaching $40.15. About 51,107 shares traded or 135.69% up from the average. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 24.46% since June 11, 2018 and is uptrending. It has outperformed by 20.03% the S&P500.

Ruffer Llp decreased Jpmorgan Chase & Co (JPM) stake by 31% reported in 2019Q1 SEC filing. Ruffer Llp sold 2,972 shares as Jpmorgan Chase & Co (JPM)’s stock rose 6.61%. The Ruffer Llp holds 6,616 shares with $670,000 value, down from 9,588 last quarter. Jpmorgan Chase & Co now has $358.99 billion valuation. The stock increased 0.31% or $0.34 during the last trading session, reaching $110.68. About 8.44 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has declined 3.51% since June 11, 2018 and is downtrending. It has underperformed by 7.94% the S&P500. Some Historical JPM News: 28/03/2018 – Citigroup Is Said to Add JPMorgan’s Jeong for Equity Derivatives; 22/03/2018 – JPMorgan working on potential spin-off of main blockchain project; 17/05/2018 – DealBreaker: JPMorgan Places Child In Charge Of Childish Cryptocurrencies; 26/03/2018 – BI UK: JPMorgan Chase’s Quorum may go solo; 30/04/2018 – JP Morgan upgrades New York Times as it thrives under ‘Trump Bump’ news cycle; 02/04/2018 – Patricof’s Firm, Backed by JPMorgan, to Cater to Sports Figures; 26/04/2018 – KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC KNX.N : JP MORGAN RAISES TARGET PRICE TO $53 FROM $52; 15/05/2018 – Medidata Presenting at JPMorgan Conference Tomorrow; 15/05/2018 – Despegar.com Presenting at JPMorgan Conference May 17; 14/05/2018 – Cinemark Presenting at JPMorgan Conference Tomorrow

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials and provides solutions to medical, automotive, consumer, electronics, industrial, aerospace, and defense markets in the United States. The company has market cap of $298.06 million. It offers medical device components, disposable wound care components, automotive interior trims, athletic padding, abrasive nail files and other beauty aids, air filtration, high-temperature insulation, military uniform and gear components, and cushion packaging products. It has a 18.35 P/E ratio. The firm also provides wine shipping solutions made from molded fiber under the Wine Packs brand name; tube and pipe insulation for clean room environments under the T-Tubes brand; pharmaceutical bag protection system under the BioShell brand name; sanitary solution for nail care services under the Pro-Sticks brand; medical device pouch for protecting small instruments and tools under the FlexShield brand name; and multi-purpose cleaning eraser under the Erasables brand, as well as various products under the Spot Eraser, Tri-Covers, Design Nail, and Mambo names.

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on August, 1. They expect $0.56 EPS, up 3.70% or $0.02 from last year’s $0.54 per share. UFPT’s profit will be $4.16M for 17.92 P/E if the $0.56 EPS becomes a reality. After $0.50 actual EPS reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts 12.00% EPS growth.

More notable recent UFP Technologies, Inc. (NASDAQ:UFPT) news were published by: Finance.Yahoo.com which released: “Should You Consider UFP Technologies, Inc. (NASDAQ:UFPT)? – Yahoo Finance” on June 05, 2019, also Nasdaq.com with their article: “UFP Technologies to Present at the East Coast IDEAS Investor Conference in Boston – Nasdaq” published on June 07, 2019, Globenewswire.com published: “UFP Technologies Announces 2018 Results Nasdaq:UFPT – GlobeNewswire” on March 06, 2019. More interesting news about UFP Technologies, Inc. (NASDAQ:UFPT) were released by: Streetinsider.com and their article: “Form 8-K UFP TECHNOLOGIES INC For: Jun 10 – StreetInsider.com” published on June 10, 2019 as well as Globenewswire.com‘s news article titled: “UFP Technologies Announces Q1 2019 Results Nasdaq:UFPT – GlobeNewswire” with publication date: May 07, 2019.

Investors sentiment increased to 1.22 in Q1 2019. Its up 0.10, from 1.12 in 2018Q4. It improved, as 6 investors sold UFP Technologies, Inc. shares while 21 reduced holdings. 10 funds opened positions while 23 raised stakes. 4.95 million shares or 1.35% more from 4.89 million shares in 2018Q4 were reported. Millennium Ltd Limited Liability Company has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Wellington Mngmt Grp Incorporated Llp holds 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT) for 356,319 shares. Federated Investors Pa reported 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Barclays Public Ltd Com accumulated 2,032 shares. Royal Bank & Trust Of Canada reported 49,273 shares. Commercial Bank Of New York Mellon stated it has 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). Anchor Advisors Ltd Liability Com holds 0.03% or 42,696 shares. Tiaa Cref Invest Management Limited Liability Corporation stated it has 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Polar Asset Mngmt Prns invested in 49,910 shares. Wedge Management L Limited Partnership Nc holds 52,750 shares or 0.02% of its portfolio. Strs Ohio has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). 70,594 were accumulated by Geode Capital Mgmt Ltd Llc. Cubic Asset Lc owns 7,775 shares. Morgan Stanley has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Deutsche National Bank Ag accumulated 8,491 shares or 0% of the stock.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on July, 14 before the open. They expect $2.56 earnings per share, up 11.79% or $0.27 from last year’s $2.29 per share. JPM’s profit will be $8.30 billion for 10.81 P/E if the $2.56 EPS becomes a reality. After $2.65 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -3.40% negative EPS growth.

Since January 13, 2019, it had 3 buys, and 5 selling transactions for $2.79 million activity. $2.00M worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by HOBSON MELLODY L. The insider Petno Douglas B sold 11,659 shares worth $1.22 million. Another trade for 5,831 shares valued at $599,304 was sold by BACON ASHLEY. 18,679 shares were sold by Scher Peter, worth $1.96 million. Beer Lori A also sold $1.40M worth of JPMorgan Chase & Co. (NYSE:JPM) on Tuesday, January 29. 3,022 shares were sold by Friedman Stacey, worth $317,310 on Tuesday, January 29. $518,950 worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by CROWN JAMES S.

Among 6 analysts covering JPMorgan Chase (NYSE:JPM), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. JPMorgan Chase had 16 analyst reports since January 8, 2019 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Wednesday, February 27 with “Buy”. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Market Perform” rating by BMO Capital Markets on Wednesday, January 16. The firm has “Hold” rating given on Tuesday, January 8 by Jefferies. The firm earned “Market Perform” rating on Thursday, February 28 by BMO Capital Markets. The rating was maintained by BMO Capital Markets on Monday, April 15 with “Market Perform”. The firm earned “Buy” rating on Thursday, February 21 by Barclays Capital. Wells Fargo maintained JPMorgan Chase & Co. (NYSE:JPM) on Thursday, February 14 with “Outperform” rating. The firm has “Overweight” rating given on Monday, April 15 by Morgan Stanley. As per Monday, April 15, the company rating was maintained by Credit Suisse. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Overweight” rating by Morgan Stanley on Tuesday, January 8.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Benzinga.com which released: “Barron’s Picks And Pans: GameStop, JPMorgan, Uber And More – Benzinga” on June 08, 2019, also Fool.com with their article: “Stock Market News: States Attack Sprint, T-Mobile; Is JPMorgan Eyeing Higher Dividends? – Motley Fool” published on June 11, 2019, Benzinga.com published: “Green Investment Will Police Shipping Development Says JP Morgan – Benzinga” on June 03, 2019. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “JPMorgan Chase Is Building A More Digital Culture – Seeking Alpha” published on June 07, 2019 as well as Fool.com‘s news article titled: “2 Warren Buffett Stocks to Buy in June – The Motley Fool” with publication date: June 09, 2019.

Investors sentiment increased to 1.1 in Q1 2019. Its up 0.10, from 1 in 2018Q4. It increased, as 51 investors sold JPM shares while 686 reduced holdings. 134 funds opened positions while 675 raised stakes. 2.32 billion shares or 0.30% less from 2.33 billion shares in 2018Q4 were reported. The Illinois-based Lsv Asset Management has invested 1.66% in JPMorgan Chase & Co. (NYSE:JPM). Capital Planning Advsr Llc, California-based fund reported 22,938 shares. Copeland Management Ltd Llc stated it has 0.19% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). 649,457 are owned by Bnp Paribas Asset Management Holding Sa. Dumont Blake Invest Lc stated it has 23,466 shares. Baldwin Brothers Ma invested in 23,227 shares or 0.35% of the stock. Bancorporation Of The West invested in 0.99% or 83,487 shares. Sabal Tru has invested 2.24% in JPMorgan Chase & Co. (NYSE:JPM). Locust Wood Advisers Ltd reported 501,847 shares. Profit Invest Management Lc reported 9,794 shares. First Republic Invest holds 1.13% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 2.14 million shares. Hendley & Com holds 70,047 shares or 3.63% of its portfolio. Alphaone Inv Services Lc has 9,000 shares for 0.55% of their portfolio. Rbf Ltd has invested 0.55% in JPMorgan Chase & Co. (NYSE:JPM). Td Cap Management Lc owns 1,013 shares.

UFP Technologies, Inc. (NASDAQ:UFPT) Institutional Positions Chart

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