Economy

JPMorgan opens earnings season with $1bn fixed income fall

JPMorgan opens earnings season with $1bn fixed income fall”

Its up 0.18, from 1.03 in 2017Q1. It improved, as 19 investors sold Washington Federal Inc. shares while 68 reduced holdings. 26 funds opened positions while 79 raised stakes.

Among 31 analysts covering JPMorgan Chase & Co (NYSE:JPM), 16 have Buy rating, 2 Sell and 13 Hold.

More notable recent JPMorgan Chase & Co. Cribstone Capital Management LLC now owns 4,300 shares of the financial services provider's stock worth $371,000 after buying an additional 222 shares during the period. Aull And Monroe Mgmt reported 1.23% stake. Wallace Cap, a Texas-based fund reported 2,411 shares. 40,184 were accumulated by Voya Invest Management Ltd Llc. Thomaspartners Inc. raised its position in shares of J P Morgan Chase & Co by 2.8% in the first quarter. Credit Suisse maintained JPMorgan Chase & Co. The SI to Ies Holdings Incorporated's float is 5.92%. The fund owned 185,718 shares of the financial services provider's stock after buying an additional 2,685 shares during the period. Following the completion of the transaction, the insider now directly owns 3,783 shares in the company, valued at approximately $345,350.07. Crawford Counsel has 0.08% invested in JPMorgan Chase & Co. (NYSE:JPM). Gm Advisory Grp Inc Inc invested 0.29% of its portfolio in JPMorgan Chase & Co. The correct version of this piece can be viewed at https://weekherald.com/2017/10/11/james-investment-research-inc-sells-39395-shares-of-j-p-morgan-chase-co-jpm.html. JPMorgan Chase does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements. Keefe, Bruyette & Woods set a $96.00 price objective on shares of J P Morgan Chase & Co and gave the stock a "hold" rating in a research report on Saturday, August 19th. Therefore 52% are positive. Daiwa Capital Markets upgraded JPMorgan Chase & Co. from a "hold" rating to an "outperform" rating in a research report on Tuesday, February 7th. (NYSE:JPM) has "Neutral" rating given on Monday, January 18 by UBS. The rating was maintained by Jefferies on Tuesday, July 21 with "Buy". The stock of JPMorgan Chase & Co. Keefe Bruyette & Woods maintained it with "Hold" rating and $34.0 target in Friday, October 6 report. Citigroup maintained the shares of JPM in report on Monday, October 5 with "Buy" rating. The firm has "Overweight" rating by Atlantic Securities given on Friday, January 15. Deutsche Bank AG downgraded J P Morgan Chase & Co from a "buy" rating to a "hold" rating and lifted their target price for the stock from $90.00 to $96.00 in a report on Tuesday, September 26th. The firm has "Hold" rating given on Monday, September 11 by Loop Capital Markets. The stock of JPMorgan Chase & Co. (NYSE:JPM) on Friday, October 6 with "Neutral" rating.

Calamos Wealth Management Llc increased Jpmorgan Alerian Mlp (AMJ) stake by 30,425 shares to 118,403 valued at $3.52 million in 2017Q2. It also upped Spdr S&P Regional Banking (KRE) stake by 20,000 shares and now owns 22,010 shares.

Among 16 analysts covering State Street Corporation (NYSE:STT), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 14% are positive.

At the moment 29 analysts are watching J P Morgan Chase & Co (NASDAQ:JPM), 7 rate it "Buy", 7 "Outperform", 13 "Underperform", 0 "Sell", while 2 "Hold". The rating was maintained by Needham with "Buy" on Wednesday, January 25. The firm has "Outperform" rating by Vining Sparks given on Friday, April 28.



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