Published: Thu, October 12, 2017
Business | By Max Garcia

Will JPMorgan Chase & Co's (JPM) Earnings Grow Over The Next Year?

Will JPMorgan Chase & Co's (JPM) Earnings Grow Over The Next Year?

This translates into $5.95B profit for JPM giving the stock a 14.37 P/E.

They expect $1.67 EPS, up 5.39% or $0.09 from last year's $1.58 per share.

Shares of JPMorgan are trading down 0.50% immediately after the results. JD.Com Inc (ADR) (NASDAQ:JD) has risen 77.67% since October 12, 2016 and is uptrending. It has underperformed by 0.92% the S&P500.

Since May 11, 2017, it had 0 insider buys, and 1 insider sale for $568,100 activity. (NYSE:JPM) for 49,535 shares.

Total shares held by institutions as of the most recent company filings are 2,826,100,266 with a reported 221,533,502 bought and 142,925,385 sold. Sullivan George E sold 2,718 shares worth $222,360. II-VI had 20 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Monday, January 18 by UBS. The company was maintained on Wednesday, October 11 by Keefe Bruyette & Woods. The rating was maintained by Bank of America with "Buy" on Sunday, July 16. State Street Corp is the second biggest holder with 167 million shares now valued at 15.23 B million whilst HighTower Advisors, LLC has 153 million shares valued at 13.97 B million. Citigroup has "Neutral" rating and $102 target. Deutsche Bank downgraded the stock to "Hold" rating in Tuesday, September 26 report. The firm has "Outperform" rating given on Friday, April 28 by Vining Sparks. Argus Research maintained the shares of JPM in report on Monday, January 18 with "Buy" rating. It has a 14.28 P/E ratio. Gradient Investments LLC now owns 75,929 shares of the financial services provider's stock valued at $6,940,000 after buying an additional 6,365 shares during the period.

Dimensional Fund Advisors LP increased its position in JPMorgan Chase & 1.2% in the fourth quarter. Its up 0.32, from 0.87 in 2017Q1. It is positive, as 56 investors sold JPM shares while 678 reduced holdings. 26 funds opened positions while 79 raised stakes. Following the completion of the transaction, the insider now directly owns 3,783 shares in the company, valued at approximately $345,350.07. The correct version of this piece can be viewed at The Ontario - Canada-based Edgepoint Invest Grp has invested 0% in JPMorgan Chase & Co. (NYSE:JPM). Atria Invests Limited Liability Com holds 36,622 shares. (NYSE:JPM) for 428,492 shares. Shareholders of record on Thursday, July 6th will be paid a dividend of $0.50 per share. (NYSE:JPM) or 172,071 shares. Pacad Investment Limited has invested 0.02% in Washington Federal Inc. The biggest holder now is Mr William Thomas Winters who owns 1,244,921 shares (0.04% of those outstanding), whilst William B. Harrison, Jr holds 1,173,569 (0.03% of shares outstanding) and Charles W. Scharf holds 1,015,930 (0.03% of shares outstanding). Fred Alger Mgmt has 0% invested in State Street Corp (NYSE:STT). Knott David M owns 23,050 shares for 0.88% of their portfolio.

Capital International Inc decreased Hexcel Corporation (NYSE:HXL) stake by 22,900 shares to 49,200 valued at $2.60 million in 2017Q2. Chevron Corp (NYSE:CVX) was raised too. Wolverine Asset Management invested 0.04% of its portfolio in JPMorgan Chase & Co. Therefore 52% are positive. JPMorgan Chase does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements. The firm has "Buy" rating given on Wednesday, September 13 by Northland Capital.

JPMorgan Chase & Co is a financial holding company. The company was maintained on Wednesday, February 24 by Jefferies. (NYSE:JPM) on Friday, January 15 to "Overweight" rating. The company was upgraded on Tuesday, May 9 by Bernstein. The rating was maintained by Piper Jaffray on Monday, July 10 with "Hold". Also, CFO Marianne Lake sold 17,596 shares of the stock in a transaction that occurred on Monday, July 17th.

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