April 21, 2018

(NYSE:JPM) Quarterly Profit Surged 35%

14 April 2018, 01:46 | Lionel James

Thomson Reuters

JP Morgan CEO Jamie Dimon speaks at an event at JP Morgan's corporate centre in Bournemouth southern Britain

142 funds amassed positions and 611 increased positions. Walthausen Lc accumulated 500,000 shares. Investors holded 2.50 billion in 2017Q3 but now own 2.46 billion shares or 1.60% less. HSBC began coverage on shares of JPMorgan Chase in a report on Wednesday. 2,224 were reported by Tarbox Family Office.

JPMorgan Chase & Co. had 9 sales and 1 insider purchase since October 25, 2017.

A number of equities analysts recently issued reports on JPM shares. (NYSE:JPM). Gfs Advsrs Ltd Liability Co has 0.78% invested in JPMorgan Chase & Co. (NYSE:JPM) for 162,305 shares. Hence the difference between Predicted EPS and Actual EPS reported is $0.07/share which shows an Earnings Surprise of 4.1 Percent.

Brick & Kyle Associates holds 0.61% of its portfolio in Nuveen Pennsylvania Quality Mun for 57,325 shares. Mackenzie owns 3.43 million shares. (NYSE:JPM) shs. On Saturday, January 13 Scher Peter sold $1.91M worth of JPMorgan Chase & Co. (NYSE:JPM). Valmark Advisers has invested 0.01% in JPMorgan Chase & Co.

Shares of NYSE JPM opened at $110.30 on Friday. The firm owned 402,703 shares of the financial services provider's stock after buying an additional 33,281 shares during the quarter. Following the transaction, the general counsel now owns 21,260 shares in the company, valued at $2,388,135.80. (NYSE:JPM) on Saturday, January 13. Sei Investments Co. raised its position in shares of JPMorgan Chase by 3.4% in the 3rd quarter. (NYSE:JPM) shs with value of $1.03M were sold by Lake Marianne. Rowland & Co. Investment Counsel ADV grew its stake in JPMorgan Chase by 9.7% in the 4th quarter. The company's stock had a trading volume of 47,779 shares, compared to its average volume of 63,756. While talking about Performance of the Stock, JPMorgan Chase & Co. now has a Weekly performance of 1.33%, monthly performance percentage is -2.48 percent, Quarterly performance is 2.83 percent, 6 months performance shows a percent value of 16.72% and Yearly Performance is 32.24 percent. (NYSE:JPM) gained 2.49 Percent and closed its previous trading session at $113.37. Kistler Tiffany Companies LLC now owns 16,431 shares of the financial services provider's stock worth $1,757,000 after acquiring an additional 463 shares during the last quarter. It has outperformed by 12.44% the S&P500.

James Comey Is Going on a Media Blitz. RNC Has a Plan
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Noninterest expense was $16.1 billion, up 5%, driven by higher compensation expense, volume-related transaction costs in CIB Markets and auto lease depreciation. It also reduced its holding in Seacor Holdings Inc (NYSE:CKH) by 29,920 shares in the quarter, leaving it with 434,782 shares, and cut its stake in Commercial Metals Co (NYSE:CMC).

Total analysts of 17 have positions in JP Morgan Chase (NYSE:JPM) as follows: 11 rated it a "Buy", 0 with "Sell" and 6 with "Hold". Therefore 55% are positive. Credit Suisse downgraded JPMorgan Chase & Co. The rating was maintained by BMO Capital Markets on Friday, January 12 with "Hold". Finally, Wells Fargo set a $120.00 target price on shares of JPMorgan Chase and gave the company a "buy" rating in a research note on Wednesday, December 20th.

In line with their colleagues' expectations, JPMorgan's global market strategists are advising clients to stay bullish on stocks.

JPMorgan Chase upgraded shares of Muenchener Rckvrrgs Gsllcht Mhn (OTCMKTS:MURGY) from a neutral rating to a buy rating in a research note published on Monday, March 19th. On Tuesday, January 16 the firm has "Hold" rating given by Sandler O'Neill. On Wednesday, November 15 the company was maintained by Robert W. Baird.

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