Dimensional Fund Advisors LP raised its position in J P Morgan Chase & Co by 1.2% in the fourth quarter.
Other large investors have also recently made changes to their positions in the company. Barclays PLC reissued an "overweight" rating and issued a $100.00 price target on shares of J P Morgan Chase & Co in a report on Monday, March 20th. The firm purchased 3,014 shares of the financial services provider's stock, valued at approximately $265,000. Finally, Tortoise Investment Management LLC raised its position in J P Morgan Chase & Co by 434.9% in the fourth quarter. Evanson Asset Management LLC now owns 5,674 shares of the financial services provider's stock worth $498,000 after buying an additional 300 shares in the last quarter.
Security Capital Research & Management Inc holds 9.23% of its portfolio in Senior Housing Properties Trust for 14.98 million shares. Stock value has moved between $26.22 - 36.22 in last one year. 13,072 shares were sold by Lake Marianne, worth $1.09 million on Tuesday, January 17. As of quarter end Town & Country Bank & Trust Co Dba First Bankers Trust Co had bought a total of 1,125 shares growing its stake by 4.4%. The other 8 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. JPMorgan Chase & Co has $10200 highest and $52 lowest target.
Markets & Investor Services revenue was $5.8 billion, down 11%, driven by lower Markets revenue, down 14%. ABMD's distance from 20 day simple moving average is 0.10% and distance from 50-Day simple moving average is 3.06%. (NYSE:JPM). Moreover, Veritas Mgmt Llp has 0.02% invested in JPMorgan Chase & Co. The investment bank and financial services giant reported diluted earnings per share (EPS) of $1.82 on revenue of $25.47 billion.
Quarterly net revenue-managed for the quarter rose about 5 percent to $26.41 billion from $25.21 billion previous year.
There has been some selling insider activity on JP Morgan Chase & Co.
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Noninterest expense was $14.5 billion, up 6%, reflecting the absence of a legal benefit recorded in the prior-year quarter, as well as higher auto lease depreciation and FDIC-related expenses. On average, analysts expect J P Morgan Chase & Co to post $6.63 EPS for the current fiscal year and $7.62 EPS for the next fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. Sandler O'Neill downgraded the shares of JPM in report on Thursday, October 6 to "Hold" rating. As per Monday, July 10, the company rating was maintained by Oppenheimer. This represents a $2.00 annualized dividend and a yield of 2.15%. If you are viewing this piece of content on another publication, it was stolen and republished in violation of USA & worldwide copyright & trademark law.
JPM has been the subject of several recent research reports. BidaskClub lowered J P Morgan Chase & Co from a "buy" rating to a "hold" rating in a report on Wednesday. Leads 75 Stocks Going Ex-Dividend This Week" published on July 03, 2017 as well as Valuewalk.com's news article titled: "Bank Earnings In 2Q: "Citigroup Inc, JPMorgan Chase & Co., Wells Fargo & Co" with publication date: "July 13, 2017. As per Monday, January 11, the company rating was downgraded by Goldman Sachs.
Among 6 analysts covering SEI Investments (NASDAQ:SEIC), 4 have Buy rating, 0 Sell and 2 Hold.
Alexandria Capital Llc decreased Jpmorgan Chase & Co (JPM) stake by 49.91% reported in 2016Q4 SEC filing. The stock presently has a consensus rating of "Hold" and an average target price of $84.05.
Buckingham Research reiterated a "neutral" rating and set a $100.00 price objective (up previously from $94.00) on shares of J P Morgan Chase & Co in a research note on Monday. The shares were sold at an average price of $85.06, for a total transaction of $289,629.30. The disclosure for this sale can be found here. Verizon Communications Inc. (NYSE:VZ) earnings have risen with a quarterly rate of 2.6% over the last 5 years. These holdings make up 73.67% of the company's outstanding shares. The Company is involved in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.
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