JPMorgan Chase CEO Jamie Dimon is upbeat about bank's results, economy's outlook

Andrew Cummings
April 13, 2018

It is negative, as 153 investors sold GE shares while 921 reduced holdings. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.07 by ($0.01). Advantus Capital Management has 349,592 shs. Lbmc Investment Advsr Lc has invested 0.09% of its portfolio in JPMorgan Chase & Co.

A number of equities research analysts have commented on JPM shares.

Wells Fargo fell 2.8 percent and JPMorgan Chase lost 2.2 percent. (NYSE:FDS) for 4,700 shares. (NYSE:FDS). Sterling Capital Ltd Liability Co accumulated 0% or 1,569 shares. (NYSE:JPM) for 26,180 shs. JPMorgan Chase has a fifty-two week low of $81.64 and a fifty-two week high of $119.33. (NYSE:JPM) for 67,000 shs. Credit Agricole S A invested in 1.55% or 216,672 shs. New York-based South Street Advisors Ltd has invested 0.08% in JPMorgan Chase & Co. (NYSE:JPM). 28.03 million are owned by Dimensional Fund Advisors Limited Partnership. Ellington Management Grp Inc Llc owns 0.15% invested in FactSet Research Systems Inc.

Since October 25, 2017, it had 1 buying transaction, and 9 sales for $22.34 million activity. On Saturday, January 13 9,194 shs were sold by Lake Marianne, worth $1.03 million. On Saturday, January 13 Petno Douglas B had sold 48,344 shs worth $5.43 million. Mark Sheptoff Financial Planning Limited Com has invested 0.11% in JPMorgan Chase & Co. The legal version of this news story can be viewed at https://theenterpriseleader.com/2018/04/13/tributary-capital-management-llc-decreases-position-in-jpmorgan-chase-jpm.html. (NYSE:JPM) was sold by Scher Peter. Tributary Capital Management LLC's holdings in JPMorgan Chase were worth $1,657,000 as of its most recent SEC filing. On Saturday, January 13 a trade for 3,783 shs valued at $425,399 was made by Giles Nicole.


In related news, Director James S. Crown bought 7,280 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, January 18th. The major banks company at the end of 2017Q4 was valued at $699.98M. It's up from 6.24 million at the end of the previous reported quarter. $389.57 billion is Jpmorgan Chase &'s market cap. They now have a $242.00 price objective on the social networking company's stock. They expect $0.12 EPS, down 42.86% or $0.09 from last year's $0.21 per share.

Big gains in its stock trading business boosted the bank's overall results. Schnieders Capital Management Ltd Co holds 2.52% or 57,058 shares in its portfolio. The fund operates about $18.44 billion US Long portfolio. Beach Investment Management LLC. grew its holdings in shares of JPMorgan Chase & Co.by 1,117.4% during the second quarter.

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. "Buy" rating has 11, "Sell" are 0, while 6 are "Hold". (NYSE:JPM) has risen 23.99% since April 13, 2017 and is uptrending. On Thursday, January 4 the rating was upgraded by Credit Suisse to "Buy". (NYSE:FDS) on Tuesday, September 27 to "Underperform" rating. The firm has a market capitalization of $386,129.72, a P/E ratio of 16.50, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24.

Everett Harris & Company increased its stake in Factset Research Systems Inc. The company rating was maintained by Robert W. Baird on Wednesday, November 15.


JPMorgan Chase reissued their buy rating on shares of Facebook (NASDAQ:FB) in a report issued on Tuesday. (NYSE:JPM) with "Market Perform" rating. The stock has an average rating of "Hold" and an average price target of $112.51.

Apple and Home Depot each rose about 1 percent in early trading Friday.

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