JMP Group (JMP) At $5.48 Forms Bottom; Ameritas Investment Partners Increased Transocean LTD (RIG) Position By $860,176

December 26, 2017 - By rebbecca

JMP Group LLC (JMP) formed multiple bottom with $5.15 target or 6.00% below today’s $5.48 share price. JMP Group LLC (JMP) has $117.74 million valuation. The stock increased 1.86% or $0.1 during the last trading session, reaching $5.48. About 26,540 shares traded. JMP Group LLC (NYSE:JMP) has risen 2.86% since December 26, 2016 and is uptrending. It has underperformed by 13.84% the S&P500.

Ameritas Investment Partners Inc increased Transocean Ltd (RIG) stake by 1158.89% reported in 2017Q3 SEC filing. Ameritas Investment Partners Inc acquired 107,522 shares as Transocean Ltd (RIG)’s stock declined 20.06%. The Ameritas Investment Partners Inc holds 116,800 shares with $953,000 value, up from 9,278 last quarter. Transocean Ltd now has $4.05 billion valuation. The stock increased 1.67% or $0.17 during the last trading session, reaching $10.36. About 10.72M shares traded. Transocean Ltd. (NYSE:RIG) has risen 15.86% since December 26, 2016 and is uptrending. It has underperformed by 0.84% the S&P500.

Among 4 analysts covering JMP Group (NYSE:JMP), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. JMP Group has $8.50 highest and $6.0 lowest target. $7.50’s average target is 36.86% above currents $5.48 stock price. JMP Group had 6 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Wednesday, September 2 by TheStreet. The stock of JMP Group LLC (NYSE:JMP) has “Outperform” rating given on Monday, October 26 by Barrington Research. The stock has “Outperform” rating by Wood on Wednesday, October 7. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, November 2. Keefe Bruyette & Woods downgraded the stock to “Mkt Perform” rating in Friday, December 11 report.

Analysts await JMP Group LLC (NYSE:JMP) to report earnings on February, 21. They expect $0.46 EPS, up 253.85% or $0.33 from last year’s $0.13 per share. JMP’s profit will be $9.88M for 2.98 P/E if the $0.46 EPS becomes a reality. After $0.10 actual EPS reported by JMP Group LLC for the previous quarter, Wall Street now forecasts 360.00% EPS growth.

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.41, from 0.88 in 2017Q2. It improved, as 4 investors sold JMP Group LLC shares while 3 reduced holdings. 2 funds opened positions while 7 raised stakes. 2.77 million shares or 0.39% more from 2.76 million shares in 2017Q2 were reported. Gsa Ptnrs Llp holds 0.01% of its portfolio in JMP Group LLC (NYSE:JMP) for 17,111 shares. Deutsche Bank & Trust Ag holds 0% of its portfolio in JMP Group LLC (NYSE:JMP) for 78,733 shares. Arbiter Ptnrs Capital Mngmt Ltd Liability holds 0.01% of its portfolio in JMP Group LLC (NYSE:JMP) for 23,589 shares. Bridgeway Cap Mngmt invested 0.01% of its portfolio in JMP Group LLC (NYSE:JMP). Zpr Management holds 0.14% of its portfolio in JMP Group LLC (NYSE:JMP) for 16,517 shares. Us Bank De reported 0% of its portfolio in JMP Group LLC (NYSE:JMP). Price T Rowe Inc Md reported 1.04 million shares. Continental Advisors Limited invested 0.38% of its portfolio in JMP Group LLC (NYSE:JMP). Essex Invest Management Llc, a Massachusetts-based fund reported 48,695 shares. Wells Fargo Com Mn holds 0% or 1 shares in its portfolio. California Pub Employees Retirement, a California-based fund reported 57,700 shares. Morgan Stanley has invested 0% in JMP Group LLC (NYSE:JMP). 15,000 are owned by Brown Advisory Inc. Royal Bank & Trust Of Canada invested in 41,762 shares. 50,100 are held by Hilltop Hldg Inc.

Ameritas Investment Partners Inc decreased Synaptics Inc (NASDAQ:SYNA) stake by 14,500 shares to 13,232 valued at $550,000 in 2017Q3. It also reduced Schlumberger Ltd (NYSE:SLB) stake by 6,394 shares and now owns 92,430 shares. Smith A O (NYSE:AOS) was reduced too.

Among 40 analysts covering Transocean Ltd (NYSE:RIG), 14 have Buy rating, 10 Sell and 16 Hold. Therefore 35% are positive. Transocean Ltd had 98 analyst reports since August 7, 2015 according to SRatingsIntel. Deutsche Bank upgraded Transocean Ltd. (NYSE:RIG) on Monday, September 28 to “Hold” rating. CapitalOne upgraded Transocean Ltd. (NYSE:RIG) on Tuesday, December 13 to “Equal Weight” rating. On Tuesday, October 20 the stock rating was initiated by Citigroup with “Sell”. The stock of Transocean Ltd. (NYSE:RIG) has “Underweight” rating given on Thursday, February 2 by Morgan Stanley. As per Friday, February 3, the company rating was upgraded by Credit Suisse. The firm earned “Buy” rating on Thursday, February 9 by R. F. Lafferty. The stock has “Hold” rating by RBC Capital Markets on Thursday, December 21. The firm has “Hold” rating by Canaccord Genuity given on Thursday, September 15. Vetr downgraded it to “Strong-Buy” rating and $13.21 target in Friday, August 28 report. The stock of Transocean Ltd. (NYSE:RIG) earned “Hold” rating by Jefferies on Friday, September 22.