JPMorgan Chase profits up

Jamie Dimon chief executive officer of JPMorgan Chase & Co

(JPM) stake by 4.89% reported in 2016Q4 SEC filing. The company has market cap of $4.69 billion. Revenues of US$22.2 billion were essentially flat compared with the year-ago period.

The P/E ratio is 14.0646 and the market value is 324.55B. Company insiders own 0.85% of the company's stock. Absent that, the bank would have posted $1.71 a share in earnings. It has underperformed by 30.76% the S&P500. Redmond Asset Mgmt Ltd Liability Co holds 2.33% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: "Is JPMorgan About To Surprise Again?" on July 13, 2017, also Seekingalpha.com with their article: "JPMorgan: Anyone Else Get A Sluggish Feeling?" published on July 14, 2017, Seekingalpha.com published: "JPMorgan Vs. Analysts: 1-0" on July 14, 2017.

Key factors behind the earnings jump included higher net interest income due to the rising interest rate environment, as well as higher overall loans, often seen as a proxy of economic activity of firms and households.

JP Morgan Chase & Co have reported strong earnings despite analysts estimates, as the second quarter results that came out Friday, that reported earnings per share is $1.82 compared to Thomson Reuters analysts estimating it being at $1.58.

RR Donnelley & Sons Co (NYSE:RRD) institutional sentiment decreased to 0 in 2016 Q4. Its down 0.15, from 0.97 in 2016Q3. It worsened, as 69 investors sold JPM shares while 807 reduced holdings.

Other hedge funds have also purchased or disposed their positions in The corporation. Motco accumulated 1.18% or 123,018 shares. Guggenheim upgraded shares of J P Morgan Chase & Co from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $88.25 to $96.00 in a research report on Tuesday, April 25th.

TRADEMARK VIOLATION WARNING: "Regent Investment Management LLC Increases Stake in J P Morgan Chase & Co (NYSE:JPM)" was originally posted by BNB Daily and is the property of of BNB Daily. (NYSE:JPM). Madison Incorporated accumulated 355,821 shares. BSW Wealth Partners boosted its position in shares of J P Morgan Chase & Co by 0.5% in the first quarter.

Several analysts have commented on the stock. Texan invested 1.31% in JPMorgan Chase & Co. Following the completion of the transaction, the general counsel now directly owns 63,344 shares of the company's stock, valued at approximately $5,388,674.08. Jupiter Asset Mgmt holds 796,054 shares. Arrowpoint Asset Mngmt Lc has invested 0.18% in JPMorgan Chase & Co. (NYSE:JPM) for 1,320 shares. BACON ASHLEY also sold $568,100 worth of JPMorgan Chase & Co. (NYSE:JPM). Moreno Evelyn V invested in 2.47% or 79,462 shares. The biggest holder now is Mr William Thomas Winters who owns 1,244,921 shares (0.04% of those outstanding), whilst William B. Harrison, Jr holds 1,173,569 (0.03% of shares outstanding) and Charles W. Scharf holds 1,015,930 (0.03% of shares outstanding).

About 192,939 shares traded.

Among 2 analysts covering Immersion (NASDAQ:IMMR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 54% are positive. New York-based Robshaw Julian Assocs has invested 4.74% in JPMorgan Chase & Co. (NYSE:JPM) earned "Buy" rating by Jefferies on Wednesday, October 7. Citigroup has "Buy" rating and $70 target. Jpmorgan Chase now has $329.58 billion valuation. The Company's platform enables digital marketers to manage performance of their online advertising campaigns. Goldman Sachs maintained JPMorgan Chase & Co. The firm has "Outperform" rating by BMO Capital Markets given on Thursday, April 14. The firm has "Neutral" rating given on Wednesday, November 9 by Robert W. Baird. Bank of America has estimated that its trading business will probably be down more than 10%. The stock now has a consensus rating of "Buy" and a consensus target price of $84.15. Insiders have sold 20,711 shares of company stock worth $1,775,791 in the last three months. The firm has "Buy" rating by Lake Street given on Monday, April 18. Lending revenue was $373 million, up 35%. (NYSE:JPM). Boston Prtnrs reported 2.5% stake.

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