Marathon Asset Management LLP increased its stake in shares of JPMorgan Chase & Co. 19686877 shares were traded on J P Morgan Chase & Co’s last session.
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JPM has been the topic of a number of other research reports. Barclays PLC reiterated a “buy” rating on shares of JPMorgan Chase & Co.in a research note on Saturday, July 9th. (NYSE:JPM) now has mean rating of 2.1 while 17 analyst have recommended the shares as “BUY”, 8 commented as “OUTPERFORM” and 6 commented as “HOLD”. JPMorgan Chase & Co. was Downgraded by Bernstein to ” Mkt Perform” on Aug 16, 2016. The highest target from these analysts has the stock headed to 79. Bank of America Corp. restated a “buy” rating on shares of JPMorgan Chase & Co.in a research report on Tuesday, May 17th.
JPMorgan Chase & Co.’s (JPM) ended its day with a loss of -0.89% and finalized at the price of $66.65. The firm has a SMA 50 (Simple Moving Average) of $65.79 and a SMA 200-(Simple Moving Average) of $62.77. Berenberg Initiated JPMorgan Chase & Co. on Jul 13, 2016 to “Sell”, Price Target of the shares are set at $52.
JPMorgan Chase & Co. had a return on equity of 10.20% and a net margin of 24.47%. (NYSE:JPM) last released its earnings results on Thursday, July 14th. The difference between the expected and actual EPS was $0.12/share, which represents an Earnings surprise of 8.4%. The company had revenue of $24400.00 million for the quarter, compared to analysts expectations of $23843.59 million.
Earnings growth is an important factor toresearch when investing in stocks and investors look for companies that have grown their earnings at least 25% or more for the past 3 years. The firm’s price to book was 1.07, which can be compared with current price to get idea about under or overvalue of stock. The Market Capitalization of the company stands at 242.91 Billion. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
In other transaction, Zames Matthew E (Chief Operating Officer) sold 3991 shares on 01 Jul 2015 worth of $255059.
On 01 April 2014, Smith Gordon (Executive Vice President) sold 32096 shares at per share price of $62.01 with total value of $1990421. The disclosure for this sale can be found here. DHY institutional ownership remained 17.50% while insider ownership included 0.50%.
Hedge funds have recently bought and sold shares of the company. The stock has a 1-month performance of 2.14 percent and is 3.06 percent year-to-date as of the recent close. Primecap Management Co. CA now owns 20,518,581 shares of the financial services provider’s stock valued at $1,215,110,000 after buying an additional 6,218,550 shares during the last quarter.
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The $5.8 million Ferguson Empowerment Center, which is under construction at the former QuikTrip at 9420 W. Florissant Ave., will house multiple nonprofit organizations, providing employment assistance and training, financial literacy and asset building, counseling services and entrepreneurship training. It operates in four segments, as well as a Corporate segment. The Asset Management segment comprises investment and wealth management.
