JPMorgan Chase & Co.'s (JPM), a part of Financial sector and belongs to Money Center Banks industry; ended its day with a loss of -0.52% and finalized at the price of $67.17. Wells Fargo & Co. reissued a "buy" rating on shares of JPMorgan Chase & Co.in a research note on Saturday, July 9th. The most bullish, or aggressive analyst target pins the projected price at $79, while the most bearish, or conservative analyst sees the stock reaching $50.
(NYSE:JPM) recently. The rating firm gave a Hold rating to this stock in a research note on Oct 06, 2016.
"Recent research from ICIC shows small businesses are more likely to hire from distressed neighborhoods where unemployment is high, reinforcing that small businesses are critical for employment", stated Janis Bowdler, Head of Small Business Initiatives, Global Philanthropy, JPMorgan Chase. JPMorgan Chase & Co. was Downgraded by Bernstein to " Mkt Perform" on Aug 16, 2016. Credit Suisse Group AG reaffirmed a "buy" rating on shares of JPMorgan Chase & Co.in a report on Saturday, July 9th. Barclays PLC reiterated a buy rating on shares of JPMorgan Chase & Co.in a research note on Saturday, July 9th. Finally, Duncker Streett & Co.
Highlighted by large-cap deals, a host of middle market transactions and a handful of high-profile tech mergers, the large banks like JPMorgan Chase (JPM), Goldman Sachs (GS) and Morgan Stanley (MS) continue to dominate the deal economy.
Investors interested in trading JPM stock at the current market price of $67.17/share should know the company will next release quarterly results for the December 2016 quarter. The firm has a 50-day moving average price of $67.08 and a 200-day moving average price of $64.19. The Market Capitalization of the company stands at 243.41 Billion.
JPMorgan Chase & Co. had a net margin of 22.92% and a return on equity of 10.47%. During the same quarter in the previous year, the company posted $1.37 EPS. Its CFO Lake Marianne sold 14,083 company shares for $947000.22, in a transaction on 2016-10-17. For the next quarter the company has anticipated average revenues of $23.74B, according to the sentiments of 21 analysts. Over the last 3 months and over the last 6 months, the shares of JPMorgan Chase & Co. Investors of record on Thursday, October 6th will be paid a dividend of $0.48 per share. The company pays a US$0.48-cent-per-share quarterly dividend, giving it a 2.84% yield. The ex-dividend date is Tuesday, October 4th. JPM's value Change from Open was at -0.37% with a Gap of -0.15%. Meristem LLP now owns 7,668 shares of the financial services provider's stock worth $454,000 after buying an additional 218 shares in the last quarter. The Asset Management segment comprises investment and wealth management. Jackson Grant Investment Advisers Inc. now owns 2,014 shares of the financial services provider's stock valued at $125,000 after buying an additional 14 shares during the last quarter. 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.
JPMorgan Chase provided a total of $8 million in seed and capital grants to help launch the National African American Small Business Loan Fund with VEDC along with $3.5 million for the creation of the Entrepreneurs of Color Fund with Detroit Development Fund, which both provide flexible capital and dedicated technical assistance to diverse entrepreneurs. Vigilant Capital Management LLC boosted its stake in shares of JPMorgan Chase & Co.by 22.1% in the second quarter. The consensus recommendation by Thomson Reuters Analysts is Outperform for JPM and their mean rating for the stock is 2.06 on scale of 1-5. Douglas Lane & Associates LLC acquired a new stake in JPMorgan Chase & Co. during the first quarter valued at $25,105,000.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.
JPMorgan Chase & Co is a financial holding company. The Company also operates a Corporate segment.