(NYSE:JPM) Stock Rating Upgraded by Buckingham Research

Lloyd Doyle
January 14, 2018

Tsp Capital Management Group Llc sold 4,983 shares as Time Warner Inc (TWX)'s stock rose 1.19%. The institutional investor held 6,394 shares of the major banks company at the end of 2017Q3, valued at $611,000, up from 2,125 at the end of the previous reported quarter. Jpmorgan Chase & Co now has $390.88 billion valuation.

Wells Fargo, which was mired in numerous consumer scandals previous year, saw an increase in profit, to $6.15 billion, or $1.16 a share, above the $1.07 a share expected by analysts. About 18.88M shares traded or 45.90% up from the average.

J P Morgan Chase & Co (NYSE:JPM) last announced its earnings results on Friday, January 13th. It has outperformed by 17.04% the S&P500.

London Co Of Virginia decreased its stake in Armstrong World Inds Inc New (AWI) by 16.66% based on its latest 2017Q3 regulatory filing with the SEC. Following the transaction, the general counsel now directly owns 15,279 shares of the company's stock, valued at approximately $1,557,846.84. The financial services provider reported $1.76 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.69 by $0.07. Somerset Capital Management Llp who had been investing in Infosys Limited Adr for a number of months, seems to be bullish on the $36.05B market cap company. It closed at $97.88 lastly. CEMEX, S.A.B.de C.V. (NYSE:CX) has risen 38.50% since January 14, 2017 and is uptrending. It has outperformed by 14.75% the S&P500.

Highland Capital Management Lp, which manages about $15.04 billion and $2.27 billion US Long portfolio, decreased its stake in Schwab Charles Corp New (NYSE:SCHW) by 113,000 shares to 37,000 shares, valued at $1.62 million in 2017Q3, according to the filing.

Analysts await Time Warner Inc. They expect $1.94 earnings per share, up 56.45% or $0.70 from last year's $1.24 per share. FMC's profit will be $135.61M for 24.23 P/E if the $1.01 EPS becomes a reality. After $0.86 actual EPS reported by Armstrong World Industries, Inc. for the previous quarter, Wall Street now forecasts -23.26% negative EPS growth.

Investors sentiment increased to 1.12 in Q3 2017. Its down 0.02, from 0.92 in 2017Q2. Nadler Financial Group invested in 3,715 shares. 69 funds opened positions while 264 raised stakes. Advantus Capital Mngmt holds 0.88% or 354,806 shares in its portfolio. Associated Banc has 22,362 shares. Connor Clark & Lunn Invest Mgmt Limited, a British Columbia - Canada-based fund reported 392,262 shares. 167,738 are owned by Cove Street Cap Ltd Liability. Centurylink Invest Management Company holds 6,493 shares or 2.03% of its portfolio. Pictet Asset Management Limited stated it has 0.04% of its portfolio in FMC Corporation (NYSE:FMC). 601.66 million shares or 1.15% less from 608.67 million shares in 2017Q2 were reported. Cookson Peirce And Incorporated has invested 1.04% of its portfolio in FMC Corporation (NYSE:FMC). Raymond James & Assoc holds 0% or 21,916 shares. Jacobs Levy Equity Management Inc reported 134,929 shares. Rhode Island-based Amica Retiree Med has invested 0.06% in FMC Corporation (NYSE:FMC). Fincl Bank reported 23,576 shares. Marietta Inv Prtnrs Ltd Llc stated it has 68,557 shares or 3.51% of all its holdings.


Among 16 analysts covering Armstrong World Industries (NYSE:AWI), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 62% are positive. The company was maintained on Monday, July 17 by Credit Suisse. The firm has "Buy" rating by Needham given on Friday, August 25. Oppenheimer maintained the shares of JPM in report on Thursday, July 20 with "Hold" rating. The stock has "Buy" rating by Jefferies on Thursday, May 25. As per Tuesday, October 3, the company rating was maintained by Keefe Bruyette & Woods. The firm earned "Neutral" rating on Thursday, July 6 by Goldman Sachs. As per Monday, March 21, the company rating was upgraded by BB&T Capital. The firm earned "Sector Perform" rating on Wednesday, January 27 by RBC Capital Markets. On Friday, October 13 the stock rating was maintained by Bank of America with "Buy". As per Monday, April 3, the company rating was maintained by BMO Capital Markets.

Since August 21, 2017, it had 0 insider purchases, and 2 selling transactions for $1.12 million activity. The insider Pfeiffer Nicholas sold $33,873. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and fifteen have assigned a buy rating to the company's stock. Therefore 53% are positive. Argus lifted their price target on JPMorgan Chase & Co. from $109.00 to $125.00 and gave the company a "buy" rating in a research report on Friday. (NYSE:JPM) on Tuesday, September 26 with "Buy" rating.

JPMorgan Chase & Co. has a one year low of $81.64 and a one year high of $112.85. On Monday, October 24 the stock rating was maintained by Stifel Nicolaus with "Hold".

19/12/2017 Broker: FBR Capital Rating: Inc. RBC Capital Markets maintained Union Pacific Corporation (NYSE:UNP) on Thursday, August 24 with "Hold" rating. Credit Suisse upgraded JPMorgan Chase & Co. "(NYSE:JPM) Stock Overbought", Reuters.com published: "JPMorgan Chase powers up robo-adviser for fintech race" on December 20, 2017. (NYSE:JPM) has "Hold" rating given on Tuesday, January 2 by Robert W. Baird. The stock has "Buy" rating by UBS on Wednesday, October 12. Investors of record on Friday, January 5th will be issued a dividend of $0.56 per share. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.69 by $0.07.

A number of other hedge funds and other institutional investors also recently modified their holdings of JPM. A D Beadell Investment Counsel holds 0.55% of its portfolio in JPMorgan Chase & Co. Aureus Asset Lc reported 28,753 shares stake. Anderson Hoagland Commerce accumulated 5.2% or 88,432 shares. Kohmann Bosshard Financial Services LLC bought a new position in JPMorgan Chase & Co.in the 3rd quarter worth about $102,000.

Brighton Jones Llc, which manages about $2.52B and $777.55 million US Long portfolio, upped its stake in Wal (NYSE:WMT) by 7,225 shares to 12,635 shares, valued at $987,000 in 2017Q3, according to the filing. Linscomb And Williams has 0.57% invested in JPMorgan Chase & Co. (NYSE:JPM) or 178,200 shares. (NYSE:JPM) for 31.58M shares. 1,985 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $1.96 million were sold by Jassy Andrew R. WILKE JEFFREY A had sold 2,800 shares worth $3.25M. Truenorth Inc has invested 0.85% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend on Tuesday, December 12th, RTT News reports. Bluecrest Mngmt Ltd reported 0.41% stake.

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