JP Morgan Chase & Co Target of Unusually High Options Trading (JPM)

Cheryl Sanders
October 16, 2017

The Carret Asset Management Llc holds 191,973 shares with $17.55M value, up from 185,893 last quarter. The stock of JPMorgan Chase & Co. On October 13 Nomura held the stock rating at "Overweight" but raised the price expectation to $105.00 from $65.00.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold. (NYSE:JPM) has risen 33.74% since October 15, 2016 and is uptrending. It has outperformed by 17.04% the S&P500. Ok invested in 0.24% or 42,059 shares. Apple Inc (Call) now has $810.89B valuation. The stock decreased 0.35% or $0.08 on October 13, reaching $22.98. Its down 20.36% from 5.08M shares previously. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 19.51% since October 15, 2016 and is uptrending. It has outperformed by 30.10% the S&P500. Keefe, Bruyette & Woods set a $96.00 price objective on shares of J P Morgan Chase & Co and gave the stock a "hold" rating in a research report on Saturday, August 19th. Therefore 53% are positive. Lundin Mining Corporation had 74 analyst reports since July 21, 2015 according to SRatingsIntel. In this case performance of tends to percentage rate of return for a stock for a given time frame. The firm earned "Neutral" rating on Friday, October 13 by Robert W. Baird. PayMeOn holds a stake in Prodeco Technologies, LLC, which is a researcher, developer, marketer and maker of electric bicycles. Bank of America maintained it with "Buy" rating and $9900 target in Sunday, July 16 report. Deutsche Bank maintained the stock with "Buy" rating in Tuesday, June 14 report. RBC Capital Markets maintained General Electric Company (NYSE:GE) on Monday, April 24 with "Outperform" rating. First Commonwealth Financial Corp Pa holds 2.3% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) earned "Buy" rating by Jefferies on Wednesday, February 24. On Friday, July 7 the stock rating was maintained by Jefferies with "Buy".

Investors sentiment increased to 1.3 in 2017 Q2. Its down 0.03, from 0.82 in 2017Q1.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. New York-based 683 Cap Ltd Liability Co has invested 0.27% in JPMorgan Chase & Co. First Western Mgmt accumulated 31,333 shares. Pinnacle holds 514,219 shares or 0.9% of its portfolio. Moreover, Mirae Asset Invests has 1.03% invested in JPMorgan Chase & Co. (NYSE:JPM). Epoch Inv reported 1.05M shares or 0.33% of all its holdings. JPMorgan Chase & Co has $110 highest and $52 lowest target. Raymond James Financial Ser Advisors invested in 0.01% or 114,013 shares. The firm has "Hold" rating by Deutsche Bank given on Tuesday, August 25. Pettee holds 7.95% or 98,001 shares. Beck Mack & Oliver Limited Liability holds 688,611 shares or 2.12% of its portfolio. Alphamark Advisors Ltd Co accumulated 993 shares or 0.04% of the stock. (NYSE:JPM). Harding Loevner Limited Partnership invested 0% in JPMorgan Chase & Co. Thomaspartners Inc. now owns 2,572,428 shares of the financial services provider's stock valued at $225,962,000 after acquiring an additional 70,882 shares in the last quarter.


Since May 11, 2017, it had 0 buys, and 1 sale for $568,100 activity. Boston Common Asset Mngmt Limited Company has invested 2.31% in JPMorgan Chase & Co.

Wealth Enhancement Advisory Services Llc increased Vanguard Scottsdale Fds (VMBS) stake by 47,114 shares to 359,704 valued at $18.89M in 2017Q2. It also upped Frontier Communications Corp (NASDAQ:FTR) stake by 600,414 shares and now owns 1.31 million shares. Taiwan Semiconductor Mfg Ltd (NYSE:TSM) was raised too.

Investors sentiment decreased to 0.79 in Q2 2017. Its up 0.32, from 0.87 in 2017Q1. It is positive, as 56 investors sold JPM shares while 678 reduced holdings. 129 funds opened positions while 634 raised stakes. Twin Capital Mngmt reported 285,792 shares. Creative Planning reported 111,539 shares stake. Piper Jaffray initiated Commerce Bancshares, Inc. (NASDAQ:CBSH) for 84,247 shares. Klingenstein Fields And Co Limited Com invested in 1.46% or 257,941 shares.

PayMeOn, Inc., formerly MMAX Media, Inc., owns and operates products that are focused on monetizing consumer influence through social, local and mobile marketing. (NASDAQ:AAPL) for 182,162 shares. Confluence Wealth Management Ltd Liability invested 0.73% of its portfolio in JPMorgan Chase & Co. 285,169 were reported by Wealth Planning Ltd Co. The Illinois-based Envestnet Asset Mgmt has invested 0% in Commerce Bancshares, Inc. Guyasuta Investment Advsrs Inc owns 204,584 shares. Pnc Fin Services Group Incorporated holds 10.86 million shares. After a recent check, it is observed that the insiders for the firm now own 0.10% shares. Putnam Invs Limited Liability Corp invested 0.02% in QEP Resources Inc (NYSE:QEP). Therefore 89% are positive. Commerce Bancshares had 23 analyst reports since October 15, 2015 according to SRatingsIntel. UBS maintained Apple Inc. McQueen Ball & Associates Inc. boosted its position in shares of J P Morgan Chase & Co by 3.7% during the 3rd quarter. (NYSE:JPM) earned "Strong-Buy" rating by Vetr on Friday, August 28. The firm has "Hold" rating given on Tuesday, September 5 by Cowen & Co. On Wednesday, April 27 the stock rating was maintained by FBN Securities with "Outperform". (NASDAQ:AAPL) rating on Wednesday, September 6. (NYSE:JPM) rating on Friday, October 13. The company was upgraded on Friday, January 15 by Atlantic Securities. RBC Capital Markets maintained it with "Outperform" rating and $6 target in Friday, July 22 report. On Friday, February 5 the stock rating was upgraded by UBS to "Buy".


Analysts await Apple Inc.

Analysts await Univest Corporation of Pennsylvania (NASDAQ:UVSP) to report earnings on October, 25. It closed at $15.61 lastly. UVSP's profit will be $11.73M for 17.95 P/E if the $0.44 EPS becomes a reality. After $1.67 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 11.98% EPS growth.

Since May 11, 2017, it had 0 insider purchases, and 1 sale for $568,100 activity. About 458,800 shares traded or 15.58% up from the average. (NASDAQ:AAPL) on Tuesday, May 9. Also, General Counsel Stacey Friedman sold 9,968 shares of the business's stock in a transaction that occurred on Monday, August 21st.


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