Saturday, 21 October, 2017

Keefe, Bruyette & Woods Reiterates "Hold" Rating for JP Morgan Chase & Co (JPM)

Keefe, Bruyette & Woods Reiterates “Hold” Rating for JP Morgan Chase & Co (JPM) Calamos Wealth Management Trimmed Jp Morgan Chase & Co (JPM) Holding By $1.03 Million; Omni Partners Llp Cut
Nellie Chapman | 12 October, 2017, 14:50

Jamie Dimon, CEO, said: "JPMorgan Chase delivered solid results in a competitive environment this quarter with steady core growth across the platform".

They expect $1.67 EPS, up 5.39% or $0.09 from last year's $1.58 per share. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $1.65 for the quarter. J P Morgan Chase & Co has a 12-month low of $66.74 and a 12-month high of $97.64. Macquarie Research downgraded the stock to "Neutral" rating in Friday, September 9 report.

In terms of earnings per share, 23 analysts have a 1.68 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 14 analysts have a 1.87 EPS mean target and for the quarter ending Mar-18 there are 22 estimates of 6.80 EPS. 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. Thrivent Fin For Lutherans owns 134,862 shares. Wellington Mgmt Group Ltd Liability Partnership holds 3.80 million shares or 0.03% of its portfolio. On Thursday, August 6 the stock rating was downgraded by Vetr to "Buy". (NYSE:JPM) on Monday, October 5 with "Buy" rating. The rating was maintained by Bank of America with "Buy" on Sunday, July 16. The firm has "Hold" rating given on Monday, September 11 by Loop Capital Markets. Also, insider Nicole Giles sold 1,000 shares of the business's stock in a transaction on Tuesday, July 18th. (NYSE:JPM) has "Neutral" rating given on Monday, January 18 by UBS. Needelman Asset Management Inc invested in 15,858 shares. (NYSE:JPM) on Friday, July 14 with "Hold" rating. 146 funds opened positions while 731 raised stakes.

A number of research analysts have issued reports on JPM shares. IESC's SI was 493,700 shares in October as released by FINRA.

Investors wait JPMorgan Chase & Co. The rating was maintained by Piper Jaffray on Monday, July 10 with "Hold". Following the completion of the transaction, the insider now directly owns 3,783 shares in the company, valued at approximately $345,350.07. The company has market cap of $341.80 billion. Doyle Wealth Management boosted its stake in shares of J P Morgan Chase & Co by 1.1% in the 2nd quarter. It has a 3.67 P/E ratio.

J P Morgan Chase & Co (NYSE:JPM)'s stock had its "hold" rating restated by stock analysts at Keefe, Bruyette & Woods in a note issued to investors on Wednesday. Edge Wealth Management Llc sold 4,731 shares as Jpmorgan Chase & Co (JPM)'s stock declined 6.04%. (NASDAQ:WAFD) has "Sector Perform" rating given on Thursday, January 21 by RBC Capital Markets.

Among 6 analysts covering II-VI (NASDAQ:IIVI), 5 have Buy rating, 0 Sell and 1 Hold. It increased, as 56 investors sold JPM shares while 678 reduced holdings. The New York-based First Manhattan Co has invested 0.15% in JPMorgan Chase & Co.

Skba Capital Management Llc increased Hp Inc stake by 209,600 shares to 694,300 valued at $12.14 million in 2017Q2. It also upped En stake by 500,000 shares and now owns 700,000 shares. Moreover, Yacktman Asset Mngmt L P has 0.88% invested in State Street Corp (NYSE:STT). The rating was reinitiated by Bank of America with "Underperform" on Friday, June 30. Us Bancorp (NYSE:USB) was raised too. The stock has a consensus rating of "Buy" and a consensus target price of $80.15. (NYSE:JPM) for 113,394 shares.

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