JPMorgan Chase 4Q Results Fall 37 Percent, Due to Tax Charge

JPMorgan Chase 4Q Results Fall 37 Percent, Due to Tax Charge

JPMorgan Chase 4Q Results Fall 37 Percent, Due to Tax Charge

Markets revenue, however, fell 22% to $4.43 billion. The stock increased 0.47% or $0.65 during the last trading session, reaching $140.35.

On 5/11/2017 Ashley Bacon, Insider, sold 6,514 with an average share price of $87.21 per share and the total transaction amounting to $568,085.94. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since January 12, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

JPMorgan Chase got the big banks' fourth-quarter earnings season off to a brisk start on Friday morning, beating analysts' expectations for profit despite a jump in provisions, a particularly sluggish period for trading, and a loss relating to hobbled South African retailer Steinhoff. Therefore 56% are positive.

Rising interest rates helped JPMorgan cushion the blow from lower trading revenue, lifting net interest income by 11 percent to $13.4 billion. The rating was upgraded by Ladenburg Thalmann to "Buy" on Monday, August 3. (NYSE:JPM) scheduled to report. Vining Sparks maintained the shares of JPM in report on Friday, April 28 with "Outperform" rating. Jefferies maintained the shares of JPM in report on Tuesday, July 21 with "Buy" rating. On Monday, January 18 the stock rating was upgraded by Atlantic Securities to "Overweight". Argus Research maintained JPMorgan Chase & Co. The mean target price as estimated by the analysts for the company has been recorded at $108.54. (NYSE:JPM) has "Buy" rating given on Wednesday, August 12 by Deutsche Bank. The firm has "Buy" rating by Bank of America given on Sunday, July 16. The company was downgraded on Tuesday, January 17 by Keefe Bruyette & Woods. Its down 0.28, from 1.19 in 2017Q2. 125 funds opened positions while 635 raised stakes. Moreover, Chemung Canal Tru Com has 2.5% invested in JPMorgan Chase & Co. (NYSE:JPM). Hodges Cap Mngmt Incorporated invested 0.1% in JPMorgan Chase & Co.

A number of research analysts have commented on JPM shares. 90,743 are owned by Cannell Peter B Inc. It also upped Liberty Media Corp Delaware stake by 600,000 shares and now owns 2.80M shares.

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Veritable Lp increased Vanguard Index Fds (VTI) stake by 49,445 shares to 281,953 valued at $36.52M in 2017Q3. Rbf Limited Liability Com invested in 41,000 shares or 0.5% of the stock. Td Asset Management accumulated 6.27M shares or 0.49% of the stock. About 10.65M shares traded. Delta Ltd Liability has 57,825 shares for 3.66% of their portfolio. (NYSE:JPM) for 59,053 shares. Fukoku Mutual Life Insur invested 2.28% of its portfolio in MetLife, Inc. Partnervest Advisory Services Limited Liability has 1.03% invested in JPMorgan Chase & Co.

Since August 21, 2017, it had 0 insider purchases, and 2 sales for $1.12 million activity.

Investors sentiment increased to 0.91 in Q3 2017. Stock Yards Bancorp invested in 197,709 shares. It is flat, as 52 investors sold INTC shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes. The active investment managers in our partner's database now own: 2.50 billion shares, down from 2.69 billion shares in 2017Q2. Bluemountain Cap Llc, New York-based fund reported 34,973 shares. (NYSE:MET). Philadelphia Tru owns 33,055 shares or 0.14% of their U.S. portfolio. Hengehold Mgmt Ltd Llc stated it has 0.11% in Pepsico, Inc. (NYSE:PBF). 271 are held by Gemmer Asset Mngmt Llc. (NYSE:PFE). Mckinley Carter Wealth Serv Inc has invested 0.38% in Pfizer Inc. Thomas J Herzfeld Advsr reported 824 shares or 0.03% of all its holdings. Blair William & Il holds 398,922 shares. (NYSE:JPM) is 0.068197. Prudential Finance Inc holds 0.02% of its portfolio in Catalent, Inc. It also reduced its holding in Carnival Corp (NYSE:CCL) by 12,926 shares in the quarter, leaving it with 12,251 shares, and cut its stake in General Electric Co (NYSE:GE). (NYSE:JPM) was sold by Friedman Stacey. Credit Agricole S A reported 0% stake. Norinchukin Bancorporation The reported 622,961 shares stake. Therefore 14% are positive. BAX was included in 2 notes of analysts from October 13, 2016. The firm has "Neutral" rating by Robert W. Baird given on Wednesday, November 9. The stock of ABIOMED, Inc. Jefferies maintained ABIOMED, Inc. (NYSE:PBF) rating on Thursday, December 21. Canaccord Genuity has "Buy" rating and $43 target. The rating was maintained by Stifel Nicolaus on Tuesday, May 16 with "Buy". (NYSE:PBF) rating on Thursday, July 20. BMO Capital Markets maintained Pfizer Inc. It has outperformed by 14.75% the S&P500. Morgan Stanley maintained the shares of PFE in report on Friday, April 7 with "Neutral" rating. (NYSE:PBF) has "Buy" rating given on Monday, August 7 by Citigroup. The firm has "Equal-Weight" rating given on Tuesday, December 1 by Barclays Capital.

Analysts await Aetna Inc. (NYSE:PFE) to report earnings on January, 30. Excluding that charge, the bank said, earnings per share were $1.76, up almost 3% from a year ago.

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