JPM has been the subject of a number of recent research reports.
Separately, Citigroup reiterated a "neutral" rating on shares of Senvion in a report on Thursday, December 7th.
Walthausen & Company, which manages about $1.45B and $1.06 billion US Long portfolio, decreased its stake in Aar Corp (NYSE:AIR) by 154,370 shares to 147,240 shares, valued at $5.79 million in 2017Q4, according to the filing.
Analysts on average have given a price target of $121.11 to JPMorgan Chase & Co. (NYSE:JPM) stock. Among that group, 8 of them gave BUY ratings, 8 of them rated the stock as OUTPERFORM, 14 recommended it as HOLD, 0 set the rating at UNDERPERFORM and 1 rated it as a SELL. JPMorgan Chase now has a consensus rating of "Hold" and an average target price of $112.47.
The stock decreased 2.19% or $0.8 during the last trading session, reaching $35.69. The company had a trading volume of 39,143,130 shares, compared to its average volume of 15,881,819. The firm's 50-day moving average is $85.96 and its 200 day moving average is $74.98. The result was primarily driven by two factors: higher interest rates, which have allowed banks such as JPMorgan to charge more for customers to borrow, and the lower corporate tax rate. The firm has a market capitalization of $379,643.31, a PE ratio of 16.06, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24.
JPMorgan Chase (NYSE:JPM) released the results from its first quarter Friday, beating analyst earnings expectations on an adjusted basis with $2.37 a share. The institutional investor held 281,274 shares of the major banks company at the end of 2017Q4, valued at $30.08M, down from 284,585 at the end of the previous reported quarter. On Thursday, January 4 Credit Suisse upgraded JPMorgan Chase & Co.
The US's largest bank by assets reported earnings of $2.37 per share on revenue of $27.9 billion. Moreover, Fj Capital Management Llc has 1.13% invested in the company for 303,800 shares. Welch Investments LLC bought a new stake in shares of JPMorgan Chase in the 3rd quarter valued at about $103,000.
18 analysts on average are expecting the company to report revenue of $27.29 Billion for the current quarter.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Nottingham Advsr accumulated 0.03% or 2,255 shares. This represents a $2.24 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Thursday, April 5th. On Wednesday, December 6 RBC Capital Markets maintained JPMorgan Chase & Co. 3,783 shs were sold by Giles Nicole, worth $425,399 on Saturday, January 13.
The objective of a stock price analysis is to study the behaviour of stock prices. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Royal Bank of Canada upgraded shares of Scor from an "underperform" rating to a "sector perform" rating in a research note on Tuesday, January 16th. This figure is launch by taking the postscript price and multiplying it by the total number of shares outstanding. Following the transaction, the chief executive officer now directly owns 115,938 shares in the company, valued at approximately $9,757,342.08. The disclosure for this purchase can be found here. (NYSE:JPM). Pnc Financial Svcs Grp holds 1.07% of its portfolio in JPMorgan Chase & Co. Quantitative Invest Mngmt Limited Liability Company holds 0.41% in JPMorgan Chase & Co. Funds hold 2.46 billion shares thus 1.60% less from 2017Q3's 2.50 billion shares. Petno Douglas B also sold $5.43M worth of JPMorgan Chase & Co. Lake Marianne sold 9,194 shares worth $1.03 million.
ILLEGAL ACTIVITY NOTICE: "Foundry Partners LLC Cuts Holdings in JPMorgan Chase (JPM)" was first published by Enterprise Leader and is owned by of Enterprise Leader. 7,280 shs were bought by CROWN JAMES S, worth $825,327 on Tuesday, January 16. Apriem Advisors increased its position in JPMorgan Chase by 3.9% during the second quarter. Comm Bancorp has 1.62% invested in JPMorgan Chase & Co.
Old Point Financial Corporation operates as the bank holding firm for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual, retail, and commercial customers. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.