Published: Sun, April 15, 2018
Economy | By Melissa Porter

JPMorgan Chase reports higher profits, upbeat outlook

JPMorgan Chase reports higher profits, upbeat outlook

Following the sale, the general counsel now owns 21,260 shares of the company's stock, valued at $2,388,135.80. 17,977 are held by Signaturefd Lc. FactSet Research Systems Inc. It has outperformed by 4.02% the S&P500. 308,330 shares were bought by Swedbank as the company's stock rose 0.67% while stock markets declined. The hedge fund run by Edgar Wachenheim held 6.86M shares of the major banks company at the end of 2017Q4, valued at $733.42M, down from 6.91M at the end of the previous reported quarter. (NYSE:JPM). Moreover, Sumitomo Life Insur Co has 1.8% invested in JPMorgan Chase & Co. The stock has been active on the tape, now trading at $113.37, up from yesterday's close by 2.49%. On Saturday, January 13 a trade for 16,434 shs valued at $1.84M was made by BACON ASHLEY.

JPMorgan Chase (NYSE:JPM) last issued its quarterly earnings results on Friday, April 13th.

Among 19 analysts covering FactSet Research Systems Inc. Therefore 11% are positive. Baidu had 64 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of FactSet Research Systems Inc.

"A lot of it (earnings expectations) has been baked in and that's is the real critical test for the markets", said Scott Brown, Chief Economist at Raymond James in St. Petersburg, Florida. (NYSE:JPM) rating. Credit Suisse has "Hold" rating and $120.0 target. The company was maintained on Wednesday, December 6 by RBC Capital Markets. Jefferies Group reiterated a "buy" rating and set a $131.00 price target (up previously from $124.00) on shares of JPMorgan Chase in a report on Wednesday, February 21st. (NYSE:JPM) rating on Wednesday, February 21. The company rating was maintained by BMO Capital Markets on Friday, January 12. In Tuesday, December 12 report Keefe Bruyette & Woods maintained it with "Hold" rating and $116.0 target.

Investors sentiment decreased to 0.88 in Q4 2017. It has change of 0.03, from 2017Q3's 0.91. It dived, as 38 investors sold FDS shares while 127 reduced holdings. 14 funds opened positions while 16 raised stakes. Advisory Ser Networks has 0.02% invested in FactSet Research Systems Inc. Eaton Vance Mgmt stated it has 0% of its portfolio in Medley Capital Corporation (NYSE:MCC). Trillium Asset Limited Liability Com holds 5,094 shares or 0.03% of its portfolio. Company insiders own 0.88% of the company's stock. (NYSE:JPM). Alleghany De invested in 5.71% or 1.80M shs. B And T Capital Management Dba Alpha Capital Management owns 42,544 shs. (NYSE:FDS) for 4,700 shares. Pl Capital Advisors Llc owns 308,562 shares or 2.43% of their USA portfolio. Wendell David Associate Incorporated reported 1.39% of its portfolio in FactSet Research Systems Inc. (NYSE:JPM) on Wednesday, January 24 with "Buy" rating. Friedman Stacey sold $1.99 million worth of stock. The rating was maintained by Oppenheimer on Monday, August 3 with "Outperform". (NYSE:JPM) for 4,003 shares. Wall Street is forecasting the strongest growth in seven years for S&P 500 companies, and the hope has been that healthy profit reports in coming weeks will steady the market following a rough couple of months.

JPM had 9 insider sales and 1 buy since October 25, 2017. CT Financial Advisors LLC now owns 2,187 shares of the financial services provider's stock worth $146,000 after buying an additional 89 shares during the period. Erdoes Mary E. sold $7.31 million worth of JPMorgan Chase & Co. (NYSE:JPM) for 92,878 shs. $1.03 million worth of stock was sold by Lake Marianne on Saturday, January 13. The stock was sold at an average price of $112.33, for a total value of $1,991,498.57. 3,783 shs were sold by Giles Nicole, worth $425,399 on Saturday, January 13. Its down 0.03, from 0.91 in 2017Q3. It increased, as 1 investors sold GLPW shares while 1 reduced holdings. 142 funds bought positions and 611 increased positions. Basswood Capital Management L.L.C. owns 412,072 shares or 0.73% of their U.S. portfolio. It is bad enough that the bank had the audacity to make it harder to customers to buy cryptocurrencies, but then to target those customers out and increase their fees, its discrimination on a very corporate level indeed. Confluence Wealth Mgmt Ltd Liability holds 0.89% or 17,513 shs in its capital. Bremer Trust National Association holds 1.59% or 55,351 shares. Associated Banc accumulated 386,883 shares or 2.23% of the stock. It's trading around 2% above my intrinsic value, which means if you buy JPMorgan Chase today, you'd be paying a relatively fair price for it. (NYSE:JPM). Css Il reported 0.06% in JPMorgan Chase & Co. The firm now has an "outperform" rating on the financial services provider's stock.

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