(NYSE:JPM) current Stock Analysis
- Author: Joanne Flowers Mar 15, 2017,
Mar 15, 2017, 14:19
Shares of JPMorgan Chase & Co.
Other large investors have also bought and sold shares of the company. Bellwether Investment Group LLC acquired a new stake in JPMorgan Chase & Co. during the second quarter valued at approximately $365,000.
Jefferies Group LLC reiterated their buy rating on shares of JPMorgan Chase & Co. Alethea Capital Management LLC's holdings in JPMorgan Chase & Co. were worth $302,000 as of its most recent SEC filing. UBS Asset Management Americas Inc. now owns 13,303,093 shares of the financial services provider's stock valued at $885,852,000 after buying an additional 202,633 shares during the period. Woodstock Corp raised its position in JPMorgan Chase & Co.by 1.2% in the third quarter. Shell Asset Management Co. now owns 406,542 shares of the financial services provider's stock valued at $27,072,000 after buying an additional 27,152 shares during the last quarter. Murphy Capital Management Inc. now owns 101,103 shares of the financial services provider's stock worth $6,732,000 after buying an additional 1,652 shares during the last quarter. (NYSE:JPM) is worth US$327.37 Billion and has recently risen 0.09% to US$91.36. The firm has a market cap of $325.31 billion, a P/E ratio of 14.76 and a beta of 1.49.
JPMorgan Chase & Co. had a return on equity of 10.91% and a net margin of 23.45%. (NYSE:JPM) last announced its quarterly earnings results on Friday, January 13th.
For the ongoing Fiscal Quarter, 26 analysts have an average earnings forecast of $1.53 per share. The business earned $24.30 billion during the quarter, compared to analysts' expectations of $23.48 billion.
According to Financial Times, The 28 analysts offering 12 month price targets for JPMorgan Chase & Co. have a median target of 93.50, with a high estimate of 108.00 and a low estimate of 52.00. The company's quarterly revenue was up 2.1% compared to the same quarter a year ago.
The Procter & Gamble Company's Average Earnings Estimate for the current quarter is $1.09, according to consensus of 9 analysts.
This article was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this story on another site, it was illegally copied and republished in violation of US and worldwide copyright & trademark law. The legal version of this article can be viewed at https://www.chaffeybreeze.com/2017/03/13/jpmorgan-chase-co-jpm-shares-sold-by-prudential-plc.html. Keefe, Bruyette & Woods lowered shares of JPMorgan Chase & Co. from an "outperform" rating to a "mkt perform" rating in a report on Wednesday, January 18th. Analyst's mean target price for JPM is $90.79 while analysts mean recommendation is 2.40.
Three Month Ago Analyst Ratings: J P MORGAN CHASE & CO (JPM) has received mean Analyst rating of 2.25 from polled analysts at Reuters 3 Month Ago.
When it comes to the Analysis of a Stock, Price Target plays a vital role. The current share price indicate that stock is -2.87% away from its one year high and is moving 63.32% ahead of its 52-week low. The stock gained a consensus recommendation of 2.33 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. Also, CEO Douglas B. Petno sold 6,728 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $84.15, for a total value of $3,402,436.95.
The company has PEG ratio of 2.50 and price to cash ratio of 0.30. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The stock was sold at an average price of $83.67, for a total transaction of $1,801,582.44. Its Executive Vice President Smith Gordon sold 65,865 company shares for 5510920, in a transaction on 2017-01-18. The disclosure for this sale can be found here.
The latest Insider trade was made on 14 Feb 2017 where Zames (Matthew E) Chief Operating Officer did a transaction type "Gift" in which 1243 shares were traded at a price of $0. During the trading on 03/13/2017, Company's stock ranged from $49.13 to $49.53. The consortium said it will instead focus on smartphone payment applications for financial companies and will partner with other banks.