ibusinesslines.com September 23, 2017


17 July 2017, 09:07 | Jodi Jackson

Analyst Activity – Bank of America Corporation Reiterates Buy on JP Morgan Chase & Co (NYSE:JPM)

JPMorgan Chase Raises Repurchases Sequentially Confidence

First Capital Advisors Group LLC. bought a new position in shares of J P Morgan Chase & Co during the fourth quarter worth $1,685,000. Northwest Quadrant Wealth Management LLC acquired a new stake in J P Morgan Chase & Co during the fourth quarter worth $125,000. Foster & Motley Inc. now owns 93,234 shares of the financial services provider's stock worth $8,190,000 after buying an additional 735 shares in the last quarter. Oregon Employees Retirement Fund has 1.15% invested in JPMorgan Chase & Co. The stock climbed 9.3 percent over the past quarter, while surged 6.97 percent over the past six months. Jefferies maintained JPMorgan Chase & Co.

Since January 1, 0001, it had 3 buys, and 58 sales for $5.30 million activity. Granite Investment Prns Limited Liability Com has invested 0.11% in JPMorgan Chase & Co. Barrow Hanley Mewhinney Strauss Limited Com accumulated 22.00 million shares.

Now have a look at past performance (weekly performance to year to date performance) how JPMorgan Chase & Co. The firm owned 17,700 shares of the financial services provider's stock after selling 100 shares during the period.

J P Morgan Chase & Co (NYSE JPM) opened at 92.25 on Monday. J P Morgan Chase & Co has a 1-year low of $63.38 and a 1-year high of $94.51. (JPM)'s distance from 200 day simple moving average is 10.34 percent, its distance from 50 day simple moving average is 5.59 percent, while its distance from 20 day simple moving average is 2.37 percent. The firm has a market cap of $327.70 billion, a price-to-earnings ratio of 14.20 and a beta of 1.19. It also upped J.P. Morgan Chase (NYSE:JPM) stake by 292,744 shares and now owns 574,182 shares. After $1.82 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period. J P Morgan Chase & Co had a return on equity of 11.53% and a net margin of 24.13%. J P Morgan Chase & Co's revenue for the quarter was up 4.6% compared to the same quarter a year ago. Equities research analysts anticipate that J P Morgan Chase & Co will post $6.62 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, July 31st. Investors of record on Thursday, July 6th will be given a dividend of $0.50 per share.

On 12/14/2016 J P Morgan Chase & Co announced a quarterly dividend of $0.48 2.27% with an ex dividend date of 1/4/2017 which will be payable on 1/31/2017. This represents a $2.00 annualized dividend and a dividend yield of 2.17%. J P Morgan Chase & Co's dividend payout ratio (DPR) is now 29.59%.

WARNING: "Buckhead Capital Management LLC Has $13.69 Million Position in J P Morgan Chase & Co (NYSE:JPM)" was published by Markets Daily and is owned by of Markets Daily. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & global trademark & copyright legislation. The Pennsylvania-based Gardner Lewis Asset Management L P has invested 1.13% in the stock. It worsened, as 69 investors sold JPM shares while 807 reduced holdings. Finally, Credit Suisse Group reissued an "outperform" rating and issued a $102.00 target price on shares of J P Morgan Chase & Co in a research note on Friday. Deutsche Bank AG restated a "buy" rating on shares of J P Morgan Chase & Co in a report on Monday, July 3rd. J P Morgan Chase & Co presently has an average rating of "Buy" and an average price target of $84.71. Rafferty Capital Markets restated a "buy" rating and issued a $97.00 target price (up previously from $96.00) on shares of J P Morgan Chase & Co in a research note on Tuesday, March 21st.

Among 18 analysts covering PepsiCo (NYSE:PEP), 9 have Buy rating, 0 Sell and 9 Hold.

When it comes to the Analysis of a Stock, Price Target plays a vital role. The stock was bought at an average cost of $85.48 per share, with a total value of $983,020.00. Following the completion of the purchase, the director now directly owns 299,862 shares in the company, valued at approximately $25,632,203.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Terril Brothers Inc sold 31,104 shares as the company's stock declined 6.04% while stock markets rallied.

On 4/17/2017 Matthew E Zames, COO, sold 3,405 with an average share price of $85.06 per share and the total transaction amounting to $289,629.30.

Washington Trust Company increased Ishares Tr (IWR) stake by 8,532 shares to 260,439 valued at $46.58M in 2016Q4. The disclosure for this sale can be found here. The stock has been active on the tape, now trading at $92.25, down from yesterday's close by -0.91%.

America Movil, S.A.B.de C.V. (NYSE:AMX) is holding above the stock's moving averages, indicating a postitive uptrend for Technology company. It operates in four divisions, as well as a Corporate segment. Commercial Bank Of Mellon Corporation holds 1.07% or 42.95 million shares in its portfolio.

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