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ibusinesslines.com September 20, 2018


Buys 114382 Shares of JP Morgan Chase & Co (JPM)

11 October 2017, 06:38 | Jodi Jackson

Buys 114382 Shares of JP Morgan Chase & Co (JPM)

Jamie Dimon chief executive officer of JPMorgan Chase & Co

The stock has been active on the tape, now trading at $96.41, down from yesterday's close by -0.53%. Volume levels waned and JPM actually managed a declined which translated to 7.76 million shares changing hands on the day. (NYSE:JPM) has risen 33.74% since October 10, 2016 and is uptrending. 6,514 shares were sold by BACON ASHLEY, worth $568,100 on Thursday, May 11. The institutional investor held 163,874 shares of the major banks company at the end of 2017Q2, valued at $14.98M, up from 20,057 at the end of the previous reported quarter. The company has a market cap of $304.65 billion, a price-to-earnings ratio of 13.20 and a beta of 1.49. Northern Trust Corp now owns 48,965,734 shares of the financial services provider's stock worth $4,475,468,000 after acquiring an additional 847,463 shares during the period. Another trade for 4,452 shares valued at $171,774 was sold by Straber Renee. (NYSE:SPR) has risen 15.24% since October 10, 2016 and is uptrending. It has underperformed by 0.80% the S&P500. The hedge fund held 1.14 million shares of the telecommunications equipment company at the end of 2017Q2, valued at $32.84 million, down from 1.19 million at the end of the previous reported quarter.

J P Morgan Chase & Co (NYSE:JPM) last issued its quarterly earnings data on Friday, July 14th. (NYSE:JPM). Strategy Asset Managers Limited Liability Company stated it has 2.31% of its portfolio in JPMorgan Chase & Co. Therefore 43% are positive. Abbott Laboratories had 78 analyst reports since July 24, 2015 according to SRatingsIntel. Argus Research upgraded the shares of VOD in report on Monday, June 12 to "Buy" rating. The stock has "Hold" rating by BMO Capital Markets on Wednesday, August 23. (NYSE:JPM) rating on Monday, January 18. Barclays Capital maintained it with "Equal Weight" rating and $48 target in Thursday, October 20 report.

ATR value of the company was 1.26 and Relative Strength Index (RSI) was 64.74. The rating was downgraded by Nomura on Monday, January 25 to "Neutral".

Citigroup has a Neutral rating with a $96 price target. (JPM) now trades with a market capitalization of $344.58 Billion. The stock has "Buy" rating by Jefferies on Tuesday, September 13.

Investors sentiment increased to 1.04 in Q2 2017. Its down 0.75, from 1.63 in 2017Q1. 75 funds opened positions while 165 raised stakes. Aperio Gru Ltd Limited Liability Company invested in 123,593 shares. Dreman Value L L C has 33,164 shares. 64,167 are owned by Pittenger & Anderson. Profund Advisors Limited Liability reported 7,740 shares stake. Tradition Cap Ltd Liability Company stated it has 105,011 shares or 1.69% of all its holdings. Arvest Financial Bank Trust Division holds 1.68% or 242,453 shares. Thrivent Fincl For Lutherans holds 0.07% of its portfolio in Abbott Laboratories (NYSE:ABT) for 328,026 shares. Bremer Association reported 0.31% stake. Hanson Mcclain Inc reported 137 shares. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Several other research firms have also recently issued reports on JPM. The disclosure for this sale can be found here.


Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of J P Morgan Chase & Co (NYSE:JPM). JPMorgan Chase & Co had 77 analyst reports since July 21, 2015 according to SRatingsIntel. (JPM) Stock" on October 03, 2017, also Nasdaq.com with their article: "JP Morgan Chase & Co (JPM) Ex-Dividend Date Scheduled for October 05, 2017" published on October 04, 2017, Investorplace.com published: "Trade of the Day: JPMorgan Chase & Co. Deutsche Bank AG cut J P Morgan Chase & Co from a buy rating to a hold rating and lifted their price objective for the stock from $90.00 to $96.00 in a report on Tuesday, September 26th. Therefore 52% are positive. Finally, Oppenheimer Holdings, Inc. reaffirmed a "market perform" rating on shares of J P Morgan Chase & Co in a research note on Friday, July 21st. Shareholders of record on Friday, October 6th will be given a $0.56 dividend. The firm earned "Overweight" rating on Wednesday, October 28 by Barclays Capital. Of all stocks tracked, J P Morgan Chase & Co had the highest net out-flow for the day. The stock of Masco Corp (NYSE:MAS) has "Buy" rating given on Wednesday, May 31 by Jefferies.

06/02/2017 - J P Morgan Chase & Co had its "neutral" rating reiterated by analysts at Instinet. (NYSE:JPM) earned "Outperform" rating by Credit Agricole on Tuesday, August 25. The firm has "Hold" rating given on Thursday, June 1 by BMO Capital Markets. The firm has "Buy" rating given on Friday, February 5 by UBS. Guggenheim upgraded JPMorgan Chase & Co. (NYSE:JPM) continues to be a formidable company. Keefe Bruyette & Woods has "Outperform" rating and $74 target. (NYSE:JPM) has "Outperform" rating given on Thursday, August 10 by Wells Fargo. Keefe Bruyette & Woods has "Hold" rating and $96.0 target.

Among 6 analysts covering Cherokee (NASDAQ:CHKE), 5 have Buy rating, 0 Sell and 1 Hold.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.32, from 0.87 in 2017Q1. Financial Advisory Service Inc. raised its stake in J P Morgan Chase & Co by 0.7% during the 1st quarter. Trilogy Glob L P, a New York-based fund reported 833,727 shares. North Star Mngmt reported 3.27% in JPMorgan Chase & Co. About 4.81M shares traded. Apriem Advsr owns 68,022 shares. (NYSE:JPM). Doheny Asset Ca reported 0.21% in JPMorgan Chase & Co. (NYSE:JPM). Fulton Comml Bank Na reported 51,429 shares or 0.37% of all its holdings.

07/17/2017 - J P Morgan Chase & Co had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. More interesting news about JPMorgan Chase & Co. 275.10 million shares or 0.29% more from 274.32 million shares in 2017Q1 were reported.



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