JP Morgan edges lower as dip in trading revenues outweighs earnings beat

A Citigroup Inc. trader works on the floor of the New York Stock Exchange

JP Morgan edges lower as dip in trading revenues outweighs earnings beat

It has outperformed by 17.04% the S&P500.

Since May 11, 2017, it had 0 insider buys, and 1 sale for $568,100 activity. $135,450 worth of Washington Federal Inc. Gmt Capital Corp bought 10,300 shares as the company's stock declined 6.04% while stock markets rallied.

In other news, General Counsel Stacey Friedman sold 9,968 shares of the business's stock in a transaction on Monday, August 21st. Therefore 45% are positive. Oppenheimer maintained JPMorgan Chase & Co. The firm has "Hold" rating by Oppenheimer given on Thursday, July 20. On Monday, April 25 the stock rating was downgraded by Ertse Group to "Hold". The stock of Washington Federal Inc. The stock has "Buy" rating by Jefferies on Tuesday, June 6. The firm has "Overweight" rating given on Monday, January 18 by Atlantic Securities. (The) restated a "neutral" rating and set a $93.00 price objective on shares of J P Morgan Chase & Co in a research report on Thursday, July 6th. (JPM)" published on October 06, 2017, published: "Time to Bank on a Pullback in JP Morgan Chase & Co. Its down 0.02, from 0.75 in 2017Q1. It improved, as 19 investors sold Washington Federal Inc. shares while 68 reduced holdings. 146 funds opened positions while 731 raised stakes. This is an increase from J P Morgan Chase & Co's previous quarterly dividend of $0.50. (NASDAQ:WAFD) for 13,250 shares. (NYSE:JPM) has "Hold" rating given on Friday, October 6 by BMO Capital Markets. (NASDAQ:WAFD) for 61,840 shares. Paradigm Fincl Advsrs Lc has 6,805 shares. Highlander Cap Mgmt Limited Liability has 8,569 shares for 0.62% of their portfolio. (NYSE:JPM). 308,540 were accumulated by Stewart Patten Llc. (NYSE:JPM) for 58,974 shares. Washington Management Incorporated reported 14,100 shares or 0.53% of all its holdings. M&T National Bank & Trust Corp owns 7,509 shares.

HV Bancorp, the holding company for Huntingdon Valley Bank. The company has market cap of $37.13 billion. However, investment banking revenue was down 2%, driven by lower equity and debt underwriting fees. It has a 3.67 P/E ratio.

Mairs & Power Inc increased United Fire Group (NASDAQ:UFCS) stake by 11,325 shares to 255,072 valued at $11.24M in 2017Q2. ID now owns 29,847 shares of the financial services provider's stock worth $2,622,000 after buying an additional 327 shares during the period. Mrc Global Inc (NYSE:MRC) was raised too. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twenty-one have given a buy rating to the company. Therefore 36% are positive. Daiwa Capital Markets upgraded JPMorgan Chase & Co. from a "hold" rating to an "outperform" rating in a research report on Tuesday, February 7th. On Wednesday, October 4 the stock rating was maintained by BMO Capital Markets with "Buy". As per Friday, May 13, the company rating was downgraded by DA Davidson. Moreover, Yacktman Asset Mngmt L P has 0.88% invested in State Street Corp (NYSE:STT). Nomura maintained the stock with "Neutral" rating in Wednesday, September 7 report. Michigan-based Exchange Capital Management has invested 3.33% in JPMorgan Chase & Co. 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. The firm earned "Hold" rating on Thursday, January 26 by Argus Research. Credit Agricole has "Outperform" rating and $78.0 target.

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