JPMorgan Q3 Earnings, Revenue Beat; Citigroup To Report

12 October, 2017, 14:53 | Author: Regina Silva
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BACON ASHLEY also sold $568,100 worth of JPMorgan Chase & Co. J P Morgan Chase & Co accounts for about 3.7% of Private Wealth Partners LLC's holdings, making the stock its 6th biggest holding. NanoString shares dropped 9.83 percent to $14.12 in the after-hours trading session.

More notable recent JPMorgan Chase & Co. Tiaa Cref Mgmt Lc owns 17.45 million shares. (NYSE:JPM). Moreover, Oakworth Capital has 2.5% invested in JPMorgan Chase & Co.

Investors sentiment increased to 1.19 in 2017 Q2. Dimensional Fund Advisors LP now owns 27,903,541 shares of the financial services provider's stock worth $2,407,756,000 after buying an additional 340,065 shares during the period. JPMorgan Chase & Co has $110 highest and $52 lowest target.

First American Bank increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) on Tuesday, June 6 with "Hold" rating. The fund owned 138,195 shares of the financial services provider's stock after buying an additional 32,937 shares during the period. Atlantic Securities upgraded JPMorgan Chase & Co. The correct version of this piece can be viewed at https://weekherald.com/2017/10/11/james-investment-research-inc-sells-39395-shares-of-j-p-morgan-chase-co-jpm.html.

JPMorgan recorded revenues of $26.2 billion, which surpassed the Zacks Consensus Estimate of $25.7 billion. The company's 50-day moving average price is $86.20 and its 200 day moving average price is $85.85. The stock of JPMorgan Chase & Co. The rating was maintained by Piper Jaffray on Monday, July 10 with "Hold". The financial services provider reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.59 by $0.23. The firm's revenue was up 4.6% compared to the same quarter previous year. Signature Est & Limited Liability has 1,851 shares. Adirondack Trust Co sold 3,390 shares as Jpmorgan Chase & Co Com (JPM)'s stock declined 6.04%. The ex-dividend date is Monday, July 3rd. Private Advisor Grp reported 43,705 shares stake.

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Analysts await JPMorgan Chase & Co. Jefferies maintained the stock with "Buy" rating in Wednesday, October 7 report.

Among 31 analysts covering JPMorgan Chase & Co (NYSE:JPM), 16 have Buy rating, 2 Sell and 13 Hold. The firm earned "Outperform" rating on Wednesday, September 16 by BMO Capital Markets. The rating was downgraded by Goldman Sachs on Monday, January 11 to "Neutral". The rating was maintained by Needham with "Buy" on Wednesday, January 25.

Shares of JPMorgan are trading down 0.50% immediately after the results. Company insiders own 0.88% of the company's stock. The stock was sold at an average price of $85.06, for a total value of $289,629.30. Insiders sold a total of 28,564 shares of company stock valued at $2,605,334 in the last quarter. The disclosure for this sale can be found here. The Bank Hapoalim Bm holds 39,747 shares with $3.63M value, down from 52,182 last quarter.

Other hedge funds have also recently modified their holdings of the company. Gradient Investments LLC now owns 75,929 shares of the financial services provider's stock valued at $6,940,000 after buying an additional 6,365 shares during the period. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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