Tocqueville Asset Management LP Sold 2218 Shares of JPMorgan Chase & Co. (JPM)
- Author: Zachary Reyes Mar 01, 2017,
Mar 01, 2017, 4:09
Murphy Capital Management Inc. raised its position in shares of J P Morgan Chase & Co by 1.7% in the third quarter. (NYSE:JPM) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $1.58 The reported earnings per share topped the analyst's consensus by $0.14 with the percentage difference between estimated and actual earnings arriving at 9.70%. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 14.60.
01/09/2017 - J P Morgan Chase & Co had its " rating reiterated by analysts at Renaissance Macro Securities. Analyst's mean target price for JPM is $89.21 while analysts mean recommendation is 2.30. They are projecting Next Quarter growth of 7.1%. The company's net profit margin has achieved the current level of 40.4 percent and possesses 0 percent gross margin. Vetr raised JPMorgan Chase & Co. from a "sell" rating to a "hold" rating and set a $84.31 price target on the stock in a research note on Monday. The company's 50-day moving average price is $87.04 and its 200 day moving average price is $76.74. The firm had revenue of $24.30 billion for the quarter, compared to the consensus estimate of $23.48 billion.
Analysts reviewing J P Morgan Chase & Co have recently updated their recommended buy/sell ratings and price targets on the stock.
J P Morgan Chase & Co (NYSE:JPM) last posted its quarterly earnings data on Friday, January 13th. The firm earned $25.50 billion during the quarter.
01/13/2017 - J P Morgan Chase & Co had its " rating reiterated by analysts at Nomura. The business's quarterly revenue was up 2.1% on a year-over-year basis. HPQ right now sits at consensus rating of 2.50 while 5 analysts have advocated the shares as "BUY", 4 calls it an "OUTPERFORM" and 14 suggest "HOLD". Investors of record on Friday, January 6th were paid a dividend of $0.48 per share. The stock is presently trading up its SMA-50 of $2.23. The ex-dividend date is Wednesday, January 4th.
01/09/2017 - J P Morgan Chase & Co had its " rating reiterated by analysts at Macquarie.
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01/09/2017 - J P Morgan Chase & Co had its " rating reiterated by analysts at Instinet.
JPM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. has an average rating of "Hold" and an average target price of $73.62.
JPMorgan Chase & Co. on 01/13/2017 reported its EPS as $1.58 with the analysts projecting the EPS of the stock as $1.44. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/02/28/sullivan-bruyette-speros-blaney-llc-buys-1092-shares-of-j-p-morgan-chase-co-jpm.html.
01/11/2017 - UBS began new coverage on J P Morgan Chase & Co giving the company a " rating. Finally, CLSA reissued a "buy" rating and issued a $79.00 price target on shares of J P Morgan Chase & Co in a research report on Wednesday, January 11th. The stock has a consensus rating of "Buy" and an average target price of $77.45. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The short ratio in the company's stock is documented at 2.13 and the short float is around of 0.95%. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The stock was sold at an average price of $84.15, for a total value of $1,092,771.90. The disclosure for this sale can be found here.
Insider Trades for JPMorgan Chase & Co. show that the latest trade was made on 14 Feb 2017 where Zames (Matthew E), the Chief Operating Officer completed a transaction type "Gift" in which 1243 shares were traded at a price of $0.
JPMorgan Chase & Co is a financial holding company. It offers various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage.