Jpmorgan Chase & Co (NYSE:JPM) Stock Price Up as Sentiment Drops, now at 0.88

May 16, 2018 - By Elizabeth Jones

JPMorgan Chase & Co. (NYSE:JPM) Corporate Logo

“Big money” Positions

“Big money sentiment for Jpmorgan Chase & Co (NYSE:JPM) in 2017 Q4 decreased to 0.88, SEC.gov filings reveal. So its down -0.03, from 2017Q3’s 0.91. 753 funds increased and started new stock positions, while 857 cut down and sold their stock positions in Jpmorgan Chase & Co so the sentiment dropped. These funds own 2.46 billion shares, that’s down from 2.50 billion shares in 2017Q3. Funds holding Jpmorgan Chase & Co in top 10 changed to 461 from 431 for an increase of 30. In total 55 funds closed positions, 802 reduced and 611 increased. Also 142 funds bought new Jpmorgan Chase & Co stakes.

Most Jpmorgan Chase & Co Shareholders

Lloyds Banking Group Plc owns 28,209 shares in Jpmorgan Chase & Co as of 2017 Q4. Jpmorgan Chase & Co’s shareholder Michael & Susan Dell Foundation owns 313,853 shares as of 2017 Q4. Lansdowne Partners (Uk) Llp reported 18.67 million shares. The New York-based fund Greenhaven Associates Inc have invested about 11.07% of the investment manager’s stock portfolio in Jpmorgan Chase & Co. The Alabama-based fund Cabot holds 153,210 shares or 9.97% of their US long equity exposure.

JPMorgan Chase & Co. operates as a financial services firm worldwide.The company has $386.42 billion market cap. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management divisions.The P/E ratio is 17.99. The Consumer & Community Banking segment offers deposit and investment services and products to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans.

JPM reached $113.51 during the last trading session after $0.48 change.JPMorgan Chase & Co. has volume of 3.82 million shares. Since May 16, 2017 JPM has risen 23.99% and is uptrending. JPM outperformed by 12.44% the S&P500.

JPMorgan Chase & Co. (NYSE:JPM)’s earnings release is expected by WallStreet on July, 13, Faxor reports. Analysts expect change of 24.18 % or $0.44 from previous year’s $1.82 earnings per share compared to current’s $2.26 earnings per share. JPM’s profit could reach $7.69 billion with 12.56 P/E in case $2.26 earnings per share is published. After $2.37 EPS report previous quarter, Wall Street now predicts -4.64 % negative EPS growth of JPMorgan Chase & Co..

Eagle Asset Mngmt Incorporated reported 1.45M shs stake. 1.16 million were accumulated by Millennium Management Ltd Liability Co. Cookson Peirce Com Inc reported 0.11% of its capital in JPMorgan Chase & Co. (NYSE:JPM). Cornerstone Cap Management Hldgs Limited invested in 1.06% or 1.42M shs. Hanseatic Mngmt Svcs reported 557 shs stake. 53,000 were reported by Kemper Master Retirement Trust. Fincl Architects Incorporated holds 2.86% of its capital in JPMorgan Chase & Co. (NYSE:JPM) for 160,451 shs. Hgk Asset Inc has invested 0.18% in JPMorgan Chase & Co. (NYSE:JPM). 33,103 are owned by Moody State Bank Division. Crawford Investment Counsel holds 0.09% or 27,108 shs. Harvey Invest accumulated 0.38% or 19,767 shs. Aristotle Cap Mgmt Lc invested 1.9% in JPMorgan Chase & Co. (NYSE:JPM). Veritas Invest (Uk) holds 0.09% or 2,300 shs in its capital. Waters Parkerson Co Ltd holds 3.51% or 390,229 shs in its capital. First Interstate Bancorp holds 3.68% or 162,023 shs.

JPMorgan Chase & Co. registered $20.12 million net activity with 2 buys and 8 insider sales since January 13, 2018. 3,783 JPMorgan Chase & Co. (NYSE:JPM) shs with value of $425,399 were sold by Giles Nicole. The insider Friedman Stacey sold 17,729 shs worth $1.99 million. $5.43M worth of stock was sold by Petno Douglas B on Saturday, January 13. Shares for $7.31M were sold by Erdoes Mary E. on Saturday, January 13. On Monday, April 16 $2.00M worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by HOBSON MELLODY L. Another trade for 16,434 shs valued at $1.84 million was made by BACON ASHLEY on Saturday, January 13.

JPMorgan Chase & Co. (NYSE:JPM) Ratings Coverage

Total analysts of 18 have positions in JP Morgan Chase (NYSE:JPM) as follows: 11 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 61%. Since December 6, 2017 according to StockzIntelligence Inc JP Morgan Chase has 32 analyst reports. On Tuesday, January 2 the rating was maintained by Barclays Capital with “Buy”. On Thursday, January 4 the rating was upgraded by Credit Suisse to “Buy”. On Tuesday, January 9 the stock has “Hold” rating by Societe Generale. The stock rating was maintained by Jefferies with “Buy” on Sunday, April 15. On Friday, January 12 Bank of America maintained JPMorgan Chase & Co. (NYSE:JPM) with “Buy” rating. On Wednesday, February 21 Morgan Stanley maintained the shares of JPM in report with “Overweight” rating. On Tuesday, December 12 Keefe Bruyette & Woods maintained JPMorgan Chase & Co. (NYSE:JPM) with “Hold” rating. The company rating was maintained by BMO Capital Markets on Friday, January 12. On Friday, February 2 Morgan Stanley maintained JPMorgan Chase & Co. (NYSE:JPM) with “Overweight” rating. On Wednesday, January 17 Wells Fargo maintained JPMorgan Chase & Co. (NYSE:JPM) rating. Wells Fargo has “Buy” rating and $130.0 target.

For more JPMorgan Chase & Co. (NYSE:JPM) news released briefly go to: Seekingalpha.com, Nasdaq.com, Seekingalpha.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “JPMorgan Chase: A Compelling Upside Case” released on May 03, 2018, “A Vicious Debt Cycle Could Send Interest Rates Much Higher” on May 16, 2018, “JPMorgan Going From Strength To Strength” with a publish date: May 14, 2018, “JPMorgan doubles down on AI” and the last “JPMorgan, HSBC, Citigroup, Early Warning Execs Talk Fintech Collaboration” with publication date: May 15, 2018.

JPMorgan Chase & Co. (NYSE:JPM) Institutional Investors Chart

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