JP Morgan Chase & Co (JPM) Earns "Hold" Rating from Oppenheimer Holdings, Inc

Dianna Christensen
October 13, 2017

Gmt Capital Corp acquired 10,300 shares as Jpmorgan Chase & Co (JPM)'s stock declined 6.04%. Natixis Asset Mgmt holds 0.24% of its portfolio in JPMorgan Chase & Co. The original version of this article can be read at Finally, Manning & Napier Advisors LLC boosted its holdings in shares of J P Morgan Chase & Co by 19.3% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 3,289 shares of the financial services provider's stock worth $301,000 after buying an additional 12 shares in the last quarter. Heritage Wealth Advsr has invested 0.23% in JPMorgan Chase & Co. The firm owned 67,941 shares of the financial services provider's stock after selling 2,036 shares during the period. Nomura downgraded JPMorgan Chase & Co. (NYSE:JPM) earned "Sell" rating by Berenberg on Wednesday, July 13. The stock has a 50-day moving average price of $93.22 and a 200-day moving average price of $89.65. Noninterest expense was $14.3 billion, down 1%. Clark Capital Management Group Inc stated it has 1.43% in JPMorgan Chase & Co.

The ratios of the return on assets (ROA) and the return on owner's equity (ROE) are the most used profitability ratios in the analysis while ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $1.65 for the quarter. That compares with a profit of $6.29 billion, or $1.58 a share, in the same period of 2016. In the previous quarter, the company notched year-over-year growth rates of 9% and 15%, respectively, in these divisions.

But JPMorgan Chase's average loan growth of 7% helped it offset the hit.

The company also handed out a dividend of 56 cents per share to investors in C stock during the quarter. (NYSE:JPM) on Friday, October 6 with "Neutral" rating. This represents a $2.24 annualized dividend and a yield of 2.31%. J P Morgan Chase & Co's payout ratio is 33.14%.

Several equities research analysts recently commented on JPM shares.

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Atlanta Capital Group increased Jpmorgan Chase & Co (JPM) stake by 5.23% reported in 2017Q2 SEC filing. Credit Agricole upgraded the stock to "Outperform" rating in Tuesday, August 25 report.

Among 31 analysts covering JPMorgan Chase & Co (NYSE:JPM), 16 have Buy rating, 2 Sell and 13 Hold. Hotchkis And Wiley Management Limited Liability Co has 1.53% invested in JPMorgan Chase & Co.

Among 2 analysts covering Twenty-First Century Fox (NASDAQ:FOX), 1 have Buy rating, 0 Sell and 1 Hold. JPM has diverse figures for different time frames; starting from week's performance it has positive performance of 0.50% in last five regular trading sessions. The stock was sold at an average price of $91.29, for a total value of $91,290.00. Insiders have sold a total of 28,564 shares of company stock worth $2,605,334 over the last three months. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Following the completion of the sale, the insider now owns 3,783 shares of the company's stock, valued at approximately $345,350.07. The disclosure for this sale can be found here. Andra Ap reported 113,300 shares or 0.26% of all its holdings. The Company's principal business activities include the ownership and operation of self-storage facilities, which offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities, such as merchandise sales and tenant reinsurance to the tenants at its self-storage facilities, as well as the acquisition and development of additional self-storage space.

JPMorgan Chase & Co is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company, provides a range of financial services and products to institutional investors across the world. It operates in four segments, as well as a Corporate segment.

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