In other J P Morgan Chase & Co news, insider Nicole Giles sold 1,000 shares of the firm's stock in a transaction on Tuesday, July 18th. About 2,007 shares traded. Markel Corp holds 0.36% in JPMorgan Chase & Co. The stock of JPMorgan Chase & Co. BMO Capital Markets restated a "hold" rating on shares of JPMorgan Chase & Co.in a report on Wednesday, March 1st. And the bank's net interest margin, which measures a bank's profitability by comparing how much it makes from lending money versus how much it costs to borrow, grew to 2.37 percent from 2.24 percent.
Finemark National Bank & Trust decreased Ishares Tr (IVV) stake by 1,691 shares to 25,820 valued at $6.29 million in 2017Q2. 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 during the last quarter.
However, Jeroen Blokland, an investor at Robeco, noted on Twitter than $1,000 invested in the digital cash back on 22 July 2010 would now be worth $100m.
Other hedge funds have also bought and sold shares of the company. Silvercrest Asset Management Group Ltd Limited Liability Company reported 0.01% of its portfolio in State Street Corp (NYSE:STT). (NYSE:JPM). Kelly Lawrence W & Assoc Incorporated Ca holds 1.09% in JPMorgan Chase & Co. Company insiders own 0.88% of the company's stock.
A number of research analysts have recently commented on the stock. Guyasuta Inv Advisors invested in 0.38% or 34,446 shares. BidaskClub upgraded shares of J P Morgan Chase & Co from a "hold" rating to a "buy" rating in a report on Wednesday, July 5th. Jefferies Group LLC reiterated a "buy" rating and set a $102.00 target price on shares of J P Morgan Chase & Co in a research report on Friday, September 15th. The rating was maintained by Argus Research with "Buy" on Monday, October 26. The stock has "Buy" rating by Citigroup on Thursday, July 20. (NYSE:AGRO), 3 have Buy rating, 0 Sell and 0 Hold. They set an "outperform" rating and a $110.00 target price on the stock. JPM has diverse figures for different time frames; starting from week's performance it has positive performance of 0.50% in last five regular trading sessions. The company had a trading volume of 13,110,563 shares.
The company P/E (price to earnings) ratio is 14.24 and Forward P/E ratio is 12.81. J P Morgan Chase & Co has a 12 month low of $66.74 and a 12 month high of $97.64. The company's 50 day moving average price is $86.20 and its 200 day moving average price is $85.85.
Ronald Blue & Company Llc decreased Jpmorgan Chase & Company (JPM) stake by 20.07% reported in 2017Q2 SEC filing. Analysts had expected earnings of $1.65 per share, according to Thomson Reuters I/B/E/S. The firm had revenue of $25.33 billion during the quarter, compared to the consensus estimate of $24.91 billion. The bank saw higher deposit growth and increased revenue in its credit card division, which the bank has been expanding aggressively in the past year with a new high-end credit card known as Chase Sapphire Reserve. (NYSE:JPM) has "Neutral" rating given on Friday, October 6 by Citigroup. This represents a $2.00 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Thursday, October 5th. Glacier Peak Capital LLC acquired a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $129,000. J P Morgan Chase & Co's dividend payout ratio is now 33.14%.
TRADEMARK VIOLATION NOTICE: "J P Morgan Chase & Co (JPM) Issues Quarterly Earnings Results, Beats Expectations By $0.10 EPS" was first reported by Week Herald and is the sole property of of Week Herald. If you are reading this article on another site, it was illegally stolen and reposted in violation of USA and worldwide copyright law. (NYSE:JPM). Redwood Cap Mngmt Ltd Llc reported 400,000 shares. The stock was sold at an average price of $91.58, for a total transaction of $1,611,441.68. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.