(NYSE:JPM) announces a quarterly dividend of $0.50
- Author: Zachary Reyes May 24, 2017,
May 24, 2017, 6:49
The stock rose 1.02% or $0.86 reaching $85.55. About 5,099 shares traded. It is down 33.74% since May 23, 2016 and is uptrending. It has outperformed by 0.16% the S&P500.
Halsey Associates Inc decreased Cerner (CERN) stake by 15.47% reported in 2016Q4 SEC filing. JPMorgan Chase & Co.'s revenue for the quarter was up 6.2% compared to the same quarter a year ago. Johnson & Johnson now has $343.52B valuation.
It closed at $6.85 lastly. It has outperformed by 294.39% the S&P500.
Many analysts have provided their estimated foresights on JPMorgan Chase & Co. Vining Sparks upgraded shares of JPMorgan Chase & Co.to an "outperform" rating and set a $95.00 target price on the stock in a research note on Thursday, April 27th. Company has a sales growth for the last five (5) years is valued at -1.80%.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for JPMorgan Chase & Co. the EPS stands at 1.65 for the previous quarter, while the analysts predicted the EPS of the stock to be 1.52, suggesting the stock exceeded the analysts' expectations.
Since January 13, 2017, it had 0 insider purchases, and 10 selling transactions for $21.13 million activity. Smith Gordon also sold $5.51 million worth of JPMorgan Chase & Co. Erdoes Mary E. sold 35,799 shares worth $3.01M. And it remains to be seen which target price JPM can achieve without sacrificing much as the company is holding a 33.36% gain for the past twelve months. CAMG Solamere Management LLC bought a new stake in JPMorgan Chase & Co. during the fourth quarter valued at $1,949,000. (NYSE:JPM). Blume Cap owns 41,787 shares for 2.17% of their portfolio.
Investors of record on Thursday, July 6th will be given a dividend of $0.50 per share. Its up 0.12, from 0.82 in 2016Q3. As part of the scheme, Palestine Ace used her position as a senior vice president at Bank of America to misappropriate funds from a marketing budget and transfer the money to non-profit organizations. Bancorporation Of America De holds 34,762 shares. Cornerstone Capital Ltd Liability Co has 1.51 million shares. Proffitt & Goodson has 0.27% invested in JPMorgan Chase & Co. (NYSE:JPM). Oberweis Asset Inc holds 0.13% or 5,092 shares in its portfolio. 830.51 million shares or 0.72% less from 836.58 million shares in 2016Q3 were reported. National Bank & Trust Of Ny Mellon Corporation has invested 1.28% in Johnson & Johnson (NYSE:JNJ). Instinet lifted their price objective on shares of JPMorgan Chase & Co. from $82.00 to $83.00 and gave the company a "hold" rating in a report on Wednesday, March 1st. (NYSE:JPM) plummeted -0.09% to $84.70. Barrington Strategic Wealth Gru Llc invested in 0.71% or 16,713 shares. JPMorgan Chase & Co.'s RSI is presently sitting at 46.85. The company's current price-earnings ratio amounts to 13.01 times earnings, below the average P/E ratio of 21.84 times earnings.
Now the P/E of JPMorgan Chase & Co. stands at 13. Inc. boosted its position in JPMorgan Chase & Co.by 3.3% in the third quarter. (NYSE:JPM). Boltwood invested in 1.69% or 25,672 shares. On Friday, January 13 Donnelly John L sold $542,314 worth of JPMorgan Chase & Co. Congress Asset Mngmt Ma has invested 0.11% in Amgen, Inc. Ubs Asset Americas, a Illinois-based fund reported 38,174 shares.
Among 11 analysts covering 3M (NYSE:MMM), 5 have Buy rating, 2 Sell and 4 Hold. Therefore 47% are positive. Equities research analysts anticipate that JPMorgan Chase & Co. will post $6.71 EPS for the current year. The rating was upgraded by KBW on Monday, August 17 to "Outperform". $3.54M worth of JPMorgan Chase & Co. Goldman Sachs maintained the stock with "Neutral" rating in Wednesday, April 20 report. The stock of 3M Co (NYSE:MMM) has "Underperform" rating given on Tuesday, August 4 by RBC Capital Markets. The stock of Johnson & Johnson (NYSE:JNJ) earned "Market Perform" rating by Wells Fargo on Thursday, January 26. The firm earned "Buy" rating on Wednesday, October 7 by Jefferies. (NYSE:JPM) earned "Buy" rating by Argus Research on Friday, January 15.
Among 15 analysts covering Johnson & Johnson (NYSE:JNJ), 7 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. PFSweb had 6 analyst reports since August 11, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, April 20 by Jefferies. Atlantic Securities initiated the shares of AMGN in report on Friday, December 18 with "Overweight" rating. The rating was maintained by JP Morgan on Monday, November 2 with "Overweight". The company has a market capitalization of $304.65 billion, a PE ratio of 13.20 and a beta of 1.49. (JPM), 11 of them rate its stock a hold. The company has a consensus rating of "Buy" and an average target price of $80.15. A 19 analysts rate it as either a buy or a strong buy, while3 believe that investors should either steer clear of Citigroup Inc.
Investors sentiment decreased to 0.77 in 2016 Q4. It improved, as 14 investors sold Stifel Financial Corp shares while 69 reduced holdings. Somerset owns 31,209 shares. Omers Administration Corporation accumulated 272,490 shares. 43,367 were reported by California Pub Employees Retirement System. Alethea Mngmt Limited Liability Com owns 5,500 shares for 1.24% of their portfolio. First Allied Advisory Svcs holds 0.55% or 127,204 shares in its portfolio. It looks like traders are not happy with the stock. Shelton Mngmt owns 24,639 shares or 0.11% of their U.S. portfolio. Motco has invested 0.01% of its portfolio in Amgen, Inc. There is an annual dividend of $$1.92 with a yield of 2.24% The company's dividend has increased by 10.60% on a 3 Year Average The payout ration for the trailing 12 months of earnings is 31.02%, 28.61% based on this years estimates and 25.20% based on next years projected estimates.