Jefferies Group Comments on JP Morgan Chase & Co's FY2017 Earnings (JPM)

17 October, 2017, 00:38 | Author: Terri Saunders
  • JPMorgan Chase’s Asset Management Business Garners More Assets in 3Q17

The stock rose 1.76% or $1.69 reaching $97.55. The shares were sold at an average price of $91.29, for a total transaction of $91,290.00.

About 149,001 shares traded. adidas AG (ETR:ADS) has risen 14.47% since October 16, 2016 and is uptrending. It has outperformed by 17.04% the S&P500. (JPM) most recent 13F filing, the company has 142 new institutional holders - accounting for 6.76 million shares of its common stock. The Horseman Capital Management Ltd holds 98,900 shares with $9.04M value, down from 108,250 last quarter. Philip Morris Intl Inc now has $176.69 billion valuation. The share price was last seen -0.14% lower, reaching at $95.86 on 10/13/2017. About 204,654 shares traded. It has underperformed by 0.05% the S&P500. Edgewood Mngmt Limited Com invested in 7,049 shares. Hl Financial Services Llc bought 49,429 shares as the company's stock declined 6.04% while stock markets rallied. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seventeen have given a buy rating to the company. Therefore 75% are positive. The company was maintained on Wednesday, February 24 by Jefferies. Also, General Counsel Stacey Friedman sold 9,968 shares of the business's stock in a transaction dated Monday, August 21st. JP Morgan upgraded Philip Morris International Inc. The company was maintained on Thursday, August 10 by Wells Fargo. Cowen & Co maintained the shares of PM in report on Thursday, July 20 with "Buy" rating. The stock of Apple Inc. (NYSE:JPM) earned "Neutral" rating by Macquarie Research on Friday, September 9. The stock has "Buy" rating by Goldman Sachs on Tuesday, October 11. BMO Capital Markets maintained the stock with "Hold" rating in Thursday, June 1 report.

Investors sentiment decreased to 0.88 in Q2 2017. Its up 0.32, from 0.87 in 2017Q1. It increased, as 62 investors sold AAPL shares while 1068 reduced holdings. 118 funds opened positions while 421 raised stakes. Gmt Corporation holds 0.27% in Finisar Corporation (NASDAQ:FNSR) or 476,600 shares. Wolverine Asset Mngmt Ltd Liability Com owns 1,460 shares for 0% of their portfolio. Millennium Mgmt Ltd Liability Corp owns 805,950 shares for 0.13% of their portfolio.

The SMA20 for the stock is at 0.49 percent, SMA50 stands at 3.06 percent, while SMA200 is 7.44 Percent, according to Finviz reported data. Creative Planning reported 25,745 shares. Curbstone Financial Management Corp now owns 28,594 shares of the financial services provider's stock valued at $2,731,000 after purchasing an additional 13,297 shares in the last quarter. North Carolina-based First Personal Finance Svcs has invested 0.01% in Apache Corporation (NYSE:APA). (NYSE:JPM) for 7.31M shares. Train Babcock Advisors Ltd Liability Company stated it has 3,215 shares or 0.13% of all its holdings. (NASDAQ:AAPL). Cadence Commercial Bank Na invested 1.42% of its portfolio in Apple Inc. Raiff owns 25,000 shares. 67,000 were accumulated by Pensionfund Dsm Netherlands. However, 5.38% over the last one month, 4.89% for the last quarter and year to date performance stands at 11.09%.

Lmm Llc increased Intrexon Corp (NYSE:XON) stake by 229,575 shares to 3.72M valued at $89.54 million in 2017Q2. Genworth Finl Inc (Call) (NYSE:GNW) was raised too.

New Intercity Express trains launched
Broken air conditioning and a 41-minute delay have overshadowed the launch of the UK's new fleet of high-speed trains. The Hitachi 800 engine will be faster and carry more passengers and will run on GWR for the next 27 years.

JPMorgan Chase & Co. most recently reported earnings per share (EPS) of $1.76 for the September 2017 versus $1.58 in the same quarter a year ago, representing 11% growth. Its down 0.26, from 1 in 2017Q1.

Insider Trading Activity for JPMorgan Chase & Co. (NYSE:JPM). Prudential Public Ltd Liability Co reported 7.26 million shares stake. Capital Research Global Investors lifted its stake in shares of J P Morgan Chase & Co by 2.5% in the 2nd quarter. Jennison Associate Limited Liability Company has 12,409 shares for 0% of their portfolio. (NYSE:JPM) has "Neutral" rating given on Monday, October 17 by Buckingham Research. (NYSE:JPM) for 58,974 shares. Apg Asset Management Nv stated it has 2.38M shares or 0.21% of all its holdings. Meiji Yasuda Asset Mngmt Communication Limited invested in 4,913 shares. 10,051 are held by Gyroscope Capital Management Gru Lc. (NYSE:JPM). Hite Hedge Asset Management Ltd invested 0.1% of its portfolio in JPMorgan Chase & Co. Swedbank lifted its holdings in J P Morgan Chase & Co by 19.0% in the 1st quarter. Meag Munich Ergo Kapitalanlagegesellschaft Mbh, a Germany-based fund reported 3,000 shares. Adage Gp Limited Liability invested in 5.15 million shares. Dearborn Prtn Ltd Llc invested in 77,145 shares or 0.52% of the stock.

Since May 11, 2017, it had 0 insider purchases, and 1 sale for $568,100 activity. The correct version of this report can be accessed at Shares for $568,100 were sold by BACON ASHLEY on Thursday, May 11.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold. Therefore 53% are positive. Jefferies Group LLC restated a buy rating and set a $102.00 target price on shares of J P Morgan Chase & Co in a research report on Friday, September 15th. The company was maintained on Monday, January 18 by UBS. The firm has "Neutral" rating given on Thursday, June 30 by Equinet. (NASDAQ:AAPL) earned "Outperform" rating by FBR Capital on Wednesday, January 27. As per Friday, October 13, the company rating was maintained by Morgan Stanley. RBC Capital Markets has "Buy" rating and $9500 target. The company has market cap of $344.15 billion. The total amount of shares outstanding is 3.52 billion, giving the company a market capitalization of about 337.79 billion. The stock has a consensus rating of "Hold" and a consensus price target of $91.24.


  • Nintendo wants to appeal to more mature audiences

    Nintendo wants to appeal to more mature audiences

    At the E3 Conference, Microsoft made an announcement about cross-play between a game coming to its platform. The report further goes on to state that Nintendo plans on switching its strategy.
    Sydney scientists make big space discovery

    Sydney scientists make big space discovery

    Neutron stars, the densest in the universe and measuring just 10km across, are found alone but also in pairs orbiting each other. Everyone agrees on the ballpark number, but whether it's exactly 67 or 72 kilometers per second per megaparsec is hotly debated.
    Bodies found in Joshua Tree near where couple went missing

    Bodies found in Joshua Tree near where couple went missing

    The couple disappeared amid heat and intense sunlight, which can lead to dehydration, according to the National Park Service . In a Facebook post before the bodies were discovered Sunday, Gilbert Orbeso expressed: "Hunting down Joseph and Rachel".
  • Wyoming Gas Prices Below National Average

    Wyoming Gas Prices Below National Average

    That average price per gallon has declined for the past 31 days in Florida, a AAA news release said. Price volatility has been felt across the country, beyond states directly impacted by the storms.
    How The Media Is Giving Kim Kardashian Body Dysmorphia

    How The Media Is Giving Kim Kardashian Body Dysmorphia

    Okay, Scott saying, " It will happen within time , " sounds to U.S. a lot like confirming Khloe is, in fact, expecting. A week in the life of a regular human seems to be a couple of hundred years in the life of the Kardashians and Jenners.
    At Least 34 Killed in Wildfires Ravaging Portugal, Spain

    At Least 34 Killed in Wildfires Ravaging Portugal, Spain

    Two brothers in their 40s from the town of Penacova, who were trying to put out one of the fires, were among those killed. As he visited firefighters in Pazos de Borben, Mr Rajoy said: "What we are seeing here doesn't happen accidentally".
  • Tesla fires 400 in a week, after claiming 'production bottlenecks'

    The company said this week's dismissals were the result of a company-wide annual review, and insisted they were not layoffs. Musk has told investors the company is focused on Model 3 production and expects to eventually build 10,000 cars a week.
    Family dog emerges alive and happy from wildfire aftermath

    Family dog emerges alive and happy from wildfire aftermath

    They were turned away by police officers, but if you know my brother Jack or husband Patrick.neither one likes to be told no. After the two men reach the desolate land where the family home used to be, they can be heard saying, "Yep, it is all gone".
    Resident Evil 7 DLC Trailer Explores 'Redfield' Tape

    Resident Evil 7 DLC Trailer Explores 'Redfield' Tape

    If the Molded weren't enough, though, Chris is also pursued by Lucas Baker, the last surviving member of the Baker family. Owners of the original release will also be able to purchase the content as a separate download for $14.99/€14.99/£11.99.
  • Security Experts Have Bad News for 'Basically Every Device' User

    This comes right after US-CERT (United States Computer Emergency Readiness Team ) issued a warning in the response to the exploit. With Android and Linux , an attacker doesn't even have to do that much work: the attacker can simply reset the encryption key.
    US U-17 Men's Team Advances to World Cup Quarterfinals

    US U-17 Men's Team Advances to World Cup Quarterfinals

    A well-worked move down the right saw Sargent set it up nicely for Andrew Carleton to deliver the killer blow. Weah sped past his marker, Jesus Rolon , and struck with his left foot into the low corner.
    George Weah Continues To Lead Polls In Liberia's Election

    George Weah Continues To Lead Polls In Liberia's Election

    Boakai was more than 280,000 votes ahead of the third-placed candidate, lawyer Charles Brumskine, on 9.8 percent. All political parties, even if they are not participating in the run-off, have a stake in the electoral process.


Russian Defense Minister Arrives in Israel to Meet with Lieberman
The military coordination, touted by both governments, began when Russian forces entered in Syria in late 2015. Two hours later, it attacked the radar of a Syrian anti-aircraft battery and took it out of operation.

New Orleans police officer shot and killed in line of duty
Harrison said that one or two of the officers returned fire, wounding Bridges, who then ran into a nearby apartment. According to Harrison, Bridges fatally shot McNeil in New Orleans East early Friday morning.

Oil Price Fundamental Weekly Forecast - Unrest in Iraq Could Provide Some Support
Crude inventories dropped 2.7 million barrels, slightly more than analysts' expectations for a decrease of 2 million barrels. U.S. crude stocks rose by 3.1 million to 468.5 million barrels last week, according to the American Petroleum Institute.

NFL Players Continue To Kneel In Protest Despite Growing Pushback From Owners
The gesture by players who say they are protesting racial inequality and injustice has picked up steam ever since U.S. Seven San Francisco 49er players took a knee Sunday during the anthem in their game against the Washington Redskins.

I knew I wasn't going to Arsenal - Raheem Sterling
Arsenal are now sat in 6th place on the Premier League table, nine points adrift of league leaders City. However Maurizio Sarri's side are unbeaten in Serie A which they lead by two points.

Aamir Khan finally reacts on his Telugu film debut
Secret Superstar , an upcoming musical drama, the film is based on a Muslim girl named Insia played by Dangal girl Zaira Wasim. The trailer of the film has received a great response raising the anticipation for the film.

India's Wholesale Price Inflation Eases Unexpectedly
Vegetable prices fell to 15.48 per cent in September against a high of 44.91 per cent in the previous month. Wholesale prices climbed 2.60 percent year-over-year in September, slower than the 3.24 percent in August.

US Army's Bowe Bergdahl pleads guilty to desertion and misbehaviour charges
Franklin Rosenblatt, left, after a hearing for his court-martial in Fort Bragg, North Carolina, December 22, 2015. Bergdahl, who's from Hailey, Idaho, has been assigned to desk duty at a Texas Army base while his case unfolds.

Supreme Court agrees to hear DOJ petition in Microsoft data warrant case
Circuit Court of Appeals had ruled prosecutors couldn't obtain the emails, which were stored exclusively on a server in Ireland. A panel of the New York-based 2nd U.S.

Malta CAR BOMB: Explosion at tourist hotspot leaves at least one dead
Muscat said he has asked the US government and the Federal Bureau of Investigation for help investigating the vehicle bombing. No group or individual has come forward to claim responsibility for the attack according to news accounts at this writing.