The stock decreased 1.37% or $3.17 during the last trading session, reaching $228.17. The hedge funds in our database now hold: 1.72 million shares, down from 1.75 million shares in 2017Q3. It has outperformed by 4.02% the S&P500.
Thornburg Investment Management Inc increased its stake in Jpmorgan Chase & Co (JPM) by 2% based on its latest 2017Q4 regulatory filing with the SEC. The company's stock had a trading volume of 39,143,130 shares, compared to its average volume of 15,881,819. The financial services provider reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.28 by $0.09.
JPM stock traded down $3.07 during midday trading on Friday, hitting $110.30. It has outperformed by 12.44% the S&P500. The positive are 65%. FactSet Research Systems Inc. had 42 analyst reports since September 22, 2015 according to SRatingsIntel. The stock of Baidu, Inc.
"A lot of it (earnings expectations) has been baked in and that's is the real critical test for the markets", said Scott Brown, Chief Economist at Raymond James in St. Petersburg, Florida. The firm has "Buy" rating by Janney Capital given on Wednesday, April 27. On Friday, January 12 the rating was maintained by RBC Capital Markets with "Buy". Blackrock reported 226.43 million shares. The firm has "Buy" rating by UBS given on Wednesday, January 11. The firm has "Hold" rating by Credit Suisse given on Thursday, January 11. Zacks Investment Research downgraded shares of JPMorgan Chase from a "buy" rating to a "hold" rating in a research report on Tuesday, March 20th. Wells Fargo reported a slight decline in interest income.
Investors of record on Friday, April 6th will be paid a $0.56 dividend. It's up 0.09, from 1.91 in 2017Q3. It dived, as 38 investors sold FDS shares while 127 reduced holdings. Our multi-year investments in Treasury Services and Securities Services are paying off, with revenue up 14% and 16% in those businesses. Advisory Ser Networks has 0.02% invested in FactSet Research Systems Inc. S&Co holds 0.33% or 24,811 shares in its portfolio. Panagora Asset has invested 0% in FactSet Research Systems Inc. (NYSE:JPM) for 5,399 shs. This should lead to more robust cash flows, feeding into a higher share value. The Alabama-based Birmingham Cap Mngmt Incorporated Al has invested 0.81% in JPMorgan Chase & Co. (NYSE:JPM). Stearns Fincl Ser Gp owns 14,792 shares or 0.38% of their USA portfolio. Peddock Advsrs Limited Liability Co reported 26,180 shares. JPMorgan said its effective tax rate will be about 20 percent this year, compared with a January estimate of about 19 percent. On Wednesday, October 25 2,099 shs were sold by Friedman Stacey, worth $214,019. Petno Douglas B had sold 48,344 shares worth $5.43 million. 16,434 shares were sold by BACON ASHLEY, worth $1.84 million on Saturday, January 13. (NYSE:JPM) for 4,003 shares.
Weekly/Monthly/Quarterly/YTD/Yearly Performance: The stocks has year to date performance of 6.01 percent and weekly performance of 1.33 percent. Giles Nicole sold $425,399 worth of stock or 3,783 shs. Moreover, Banc Funds Co Llc has 0.47% invested in the company for 261,132 shares. That suggests something of the likelihood of a short squeeze in shares of JPM. On Saturday, January 13 the insider Scher Peter sold $1.91 million. Another trade for 9,194 shares valued at $1.03M was made by Lake Marianne on Saturday, January 13.
Seidman Lawrence B holds 1.95% of its portfolio in The Community Financial Corporation for 66,766 shares. It turned negative, as 55 investors sold JPM shares while 802 reduced holdings. 611 increased stakes while 142 funds took stakes. Nine Masts Cap owns 36 shares for 0% of their portfolio.
Banks are expected to be major beneficiaries of the tax overhaul, which sharply lowered corporate tax rates. (NYSE:JPM). Edge Wealth Mgmt Ltd Com holds 2.64% or 86,752 shs. Moors And Cabot holds 1.19% or 83,991 shs. ATR remains at 2.94 while Beta component of the stock stands at "Beta". Schnieders Capital Management Ltd Co holds 2.52% or 57,058 shares in its portfolio. Finally, Royal Bank of Canada reiterated a "buy" rating on shares of JPMorgan Chase in a report on Friday, December 8th.
In recent action, JPMorgan Chase & Co. (NYSE:JPM) for 4,381 shs. Dubuque Bancshares reported 170,979 shares.
JPMorgan Chase & Co is a financial holding company.