The Webster Bank NA invests in JPMorgan Chase & Co. (JPM) Shares

Lloyd Doyle
November 14, 2017

Brouwer & Janachowski LLC boosted its holdings in shares of J P Morgan Chase & Co by 36.3% during the first quarter. Naples Global Advisors LLC grew its stake in J P Morgan Chase & Co by 7.9% in the 1st quarter. The stock declined 0.57% or $0.56 reaching $96.95 on the news.

NYSE:JPM Income Statement Nov 14th 17 What's the driver of this growth?

Allegheny Technologies Incorporated is a maker of specialty materials and complex components. The company's P/E ratio is 14.03 and the market cap of the company is 339.48B. It operates in four divisions, as well as a Corporate segment. It now has negative earnings. Thomas J Herzfeld Advsr reported 0.03% in JPMorgan Chase & Co. (NYSE:JPM) traded up 1.29% during midday trading on Tuesday, hitting $86.53. They expect $0.92 EPS, down 16.36% or $0.18 from last year's $1.1 per share.

COPYRIGHT VIOLATION NOTICE: "Wedge Capital Management L L P NC Has $32.73 Million Holdings in J P Morgan Chase & Co (JPM)" was posted by StockNewsTimes and is the property of of StockNewsTimes.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.12, from 1.18 in 2017Q1. Cypress Capital Management Llc Wy sold 82 shares as Jpmorgan Chase & Co (JPM)'s stock declined 6.04%. (NYSE:JPM). Jones Collombin Invest Counsel has 114,362 shares for 3.6% of their portfolio. The financial services provider reported $1.76 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.67 by $0.09. Moreover, Copper Rock Capital Ltd has 0.03% invested in JPMorgan Chase & Co. (NYSE:JPM) or 5,679 shares. (JPM)'s stock declined 6.04%. 11,506 are held by Loews Corporation. (JPM) stake by 11.57% reported in 2017Q2 SEC filing.


Analysts await JPMorgan Chase & Co. (NYSE:JPM). Barrington Strategic Wealth Group Ltd Liability Co has invested 1.86% in JPMorgan Chase & Co. D E Shaw And accumulated 0.33% or 2.16M shares. Hotchkis Wiley Capital Mngmt Ltd Liability has 1.53% invested in JPMorgan Chase & Co. (NYSE:JPM) rating on Wednesday, July 13. Sumitomo Mitsui Asset Mngmt Com Limited reported 0.55% stake. More interesting news about Discovery Communications Inc. It also reduced Amphenol Corp (NYSE:APH) stake by 7,805 shares and now owns 18,390 shares. The correct version of this story can be read at https://www.truebluetribune.com/2017/11/14/cumberland-partners-ltd-has-37-64-million-holdings-in-j-p-morgan-chase-co-jpm.html. Therefore 27% are positive. Signaturefd Lc reported 0.21% in JPMorgan Chase & Co. Current price places the company's stock 4.96% away from its 200-day simple moving average, -1.82%, away from the 50-day average and also -1.02% away from 20-day average.

Equity analyst BMO Capital Markets raised the price target of the stock on October 13 boosting the projection from $86.00 to $91.00 and stated a "Market Perform" rating. RBC Capital Markets maintained JPMorgan Chase & Co. The value of the investment in JPM went from $113,521,000 to $105,743,000 a change of $7,778,000 for the reporting period. Suntrust Robinson upgraded it to "Buy" rating and $44 target in Monday, December 19 report. The firm has "Buy" rating by RBC Capital Markets given on Tuesday, September 26. Finally, Robert W. Baird lowered JPMorgan Chase & Co. from an "outperform" rating to a "neutral" rating and upped their price target for the company from $70.03 to $72.00 in a research report on Wednesday, November 9th. The firm has "Outperform" rating given on Monday, August 17 by KBW. This is an increase from J P Morgan Chase & Co's previous quarterly dividend of $0.50. As it upholds an amended rate with more EPSGR it is prone to be a good target. Following the transaction, the general counsel now owns 15,279 shares of the company's stock, valued at approximately $1,557,846.84. (NYSE:JPM) last posted its earnings results on Friday, October 14th. The firm has "Buy" rating by Jefferies given on Friday, September 15. The hedge fund run by Larry Foley held 144,000 shares of the beverages (production and distribution) company at the end of 2017Q2, valued at $6.46 million, up from 75,000 at the end of the previous reported quarter.

About 918 shares traded. salesforce.com, inc. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and sixteen have issued a buy rating to the company's stock. $89.23's average target is -8.82% below currents $97.86 stock price. ADV now owns 93,858 shares of the financial services provider's stock valued at $8,244,000 after purchasing an additional 1,147 shares during the period. The company was downgraded on Thursday, February 2 by Berenberg. The rating was downgraded by Nomura to "Neutral" on Monday, January 25. The stock of FedEx Corporation (NYSE:FDX) has "Conviction-Buy" rating given on Thursday, September 17 by Goldman Sachs. Rothschild Prtnrs Limited Company holds 120,841 shares or 5.02% of its portfolio. Wagner Bowman Management Corp now owns 14,424 shares of the financial services provider's stock worth $1,267,000 after buying an additional 1,716 shares in the last quarter. The New Jersey-based Pennant Capital Management Llc has invested 2.8% in the stock.

Pillar Pacific Capital Management Llc decreased Under Armour Inc (NYSE:UA) stake by 45,165 shares to 26,321 valued at $573,000 in 2017Q2.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER