Wednesday, 13 December, 2017

JPMorgan Chase & Co. (JPM) To Benefit Most From Bullish Banking Climate

Juana Turner | 12 October, 2017, 00:53

It has outperformed by 6.40% the S&P500.

Hendley & Co Inc increased J.P. Morgan Chase (JPM) stake by 63.47% reported in 2017Q2 SEC filing. It is positive, as 56 investors sold JPMorgan Chase & Co. shares while 678 reduced holdings. JPMorgan Chase & Co had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The stock increased 0.77% or $0.74 during the last trading session, reaching $97.13. About 1.20 million shares traded.

Since May 11, 2017, it had 0 insider buys, and 1 insider sale for $568,100 activity. The legal version of this piece can be read at

J P Morgan Chase & Co (NYSE:JPM) last released its earnings results on Friday, July 14th. They expect $1.69 earnings per share, up 6.96% or $0.11 from last year's $1.58 per share. The expected JPM's profit could reach $5.95B giving the stock 14.37 P/E in the case that $1.69 earnings per share is reported. Analysts are forecasting earnings of $1.66 on a per share basis this quarter. Doyle Wealth Management raised its stake in J P Morgan Chase & Co by 1.1% in the 2nd quarter. As of the end of the quarter Eqis Capital Management, Inc. had acquired 390 shares growing its stake by 1.8%.

The data from the past twelve months tells a similar story: insiders executed 47 buys and 45 sells, and ownership decreased by a net of 1.49 million shares. Therefore 52% are positive. Moreover, Amer has 0.4% invested in JPMorgan Chase & Co. Keefe, Bruyette & Woods set a $96.00 price objective on J P Morgan Chase & Co and gave the stock a "hold" rating in a report on Saturday, August 19th. (NYSE:JPM) has "Buy" rating given on Friday, August 18 by RBC Capital Markets. Wells Fargo maintained the shares of JPM in report on Thursday, August 10 with "Outperform" rating. JPMorgan Chase & Co. has a 52 week low of $57.05 and a 52 week high of $93.98. (NYSE:JPM) has "Hold" rating given on Wednesday, September 20 by Robert W. Baird. Kbc Group Incorporated Nv has 1.56% invested in JPMorgan Chase & Co. The rating was maintained by RBC Capital Markets on Tuesday, September 26 with "Buy". On Friday, September 9 the stock rating was downgraded by Macquarie Research to "Neutral". Jefferies maintained the shares of JPM in report on Friday, July 7 with "Buy" rating.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.09, from 1.19 in 2017Q1. (NYSE:JPM) last posted its quarterly earnings data on Thursday, April 13th. The consensus recommendation for stock is 2.50. (NYSE:JPM). The Michigan-based Exchange Mgmt has invested 3.33% in JPMorgan Chase & Co. Perceptive Ltd Com has 0.03% invested in Proteon Therapeutics Inc (NASDAQ:PRTO). (NYSE:JPM) rating on Thursday, April 14. (NYSE:JPM) continues to be a formidable company.

In other news, CFO Marianne Lake sold 17,596 shares of the company's stock in a transaction that occurred on Monday, July 17th. Beese Fulmer Mngmt owns 57,549 shares or 1.25% of their U.S. portfolio. Illinois-based Duff & Phelps Inv has invested 0.01% in BlackRock, Inc. Archford Cap Strategies Limited Liability Company has invested 1.03% in JPMorgan Chase & Co. (NYSE:RYN) or 6,650 shares. Nationwide Fund Advsr reported 0.92% stake. The institutional investor owned 209,163 shares of the financial services provider's stock after selling 86,406 shares during the quarter. Rockshelter Ltd Liability Com holds 250,296 shares. See JPMorgan Chase & Co. Jefferies maintained JPMorgan Chase & Co. The ex-dividend date is Monday, July 3rd. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is 31.02%.

Stock market analysts and brokers have recently amended their target prices on shares of J P Morgan Chase & Co (NYSE:JPM). Therefore 75% are positive. Qcm Cayman Limited holds 0.63% or 3,033 shares.

07/10/2017 - J P Morgan Chase & Co had its "neutral" rating reiterated by analysts at Buckingham Research.

05/12/2017 - J P Morgan Chase & Co had its "buy" rating reiterated by analysts at UBS. Cibc Markets Inc reported 982,888 shares. Principal Fincl Grp owns 10.77M shares.

Investors sentiment decreased to 0.94 in 2017 Q2. Its up 1.43, from 0.69 in 2017Q1. The stock was sold at an average price of $87.21, for a total value of $568,085.94. 62 funds opened positions while 162 raised stakes. Northside Capital Management Limited Liability Co has invested 0.25% of its portfolio in JPMorgan Chase & Co. Ny State Common Retirement Fund has 9,500 shares for 0% of their portfolio. Art Limited Com has invested 0% of its portfolio in Proteon Therapeutics Inc (NASDAQ:PRTO). Tocqueville Asset Ltd Partnership holds 0.25% or 230,668 shares in its portfolio. Amer Invest Svcs Inc accumulated 3,063 shares.


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