Published: Thu, October 12, 2017
Finance | By Loren Pratt

First American Bank Purchases 32937 Shares of JPMorgan Chase & Co. (JPM)

First American Bank Purchases 32937 Shares of JPMorgan Chase & Co. (JPM)

The firm has "Overweight" rating by Atlantic Securities given on Friday, January 15. The rating was maintained by Piper Jaffray on Monday, July 10 with "Hold".

Among 31 analysts covering JPMorgan Chase & Co (NYSE:JPM), 16 have Buy rating, 2 Sell and 13 Hold. The firm has "Hold" rating by Keefe Bruyette & Woods given on Tuesday, October 3. Credit Suisse Group restated a "buy" rating and set a $110.00 price objective (up from $103.00) on shares of J P Morgan Chase & Co in a research report on Monday. The firm earned "Buy" rating on Tuesday, September 26 by RBC Capital Markets. The company was maintained on Thursday, July 27 by Barclays Capital. The rating was maintained by Nomura with "Neutral" on Wednesday, February 24. The company was maintained on Wednesday, October 11 by Keefe Bruyette & Woods.

Since May 11, 2017, it had 0 insider purchases, and 1 sale for $568,100 activity. BACON ASHLEY had sold 6,514 shares worth $568,100. Oppenheimer maintained JPMorgan Chase & Co. (NYSE:JPM) to report earnings on October, 12 before the open. The financial services provider reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.59 by $0.23.

JPMorgan recorded revenues of $26.2 billion, which surpassed the Zacks Consensus Estimate of $25.7 billion.

Mairs & Power Inc decreased J.P. Morgan Chase & Co (JPM) stake by 1.23% reported in 2017Q2 SEC filing.


Investors sentiment increased to 1.19 in 2017 Q2. Its up 0.18, from 1.03 in 2017Q1. It increased, as 56 investors sold JPM shares while 678 reduced holdings.

Institutional investors and hedge funds have recently made changes to their positions in the company. Pinebridge Investments Lp holds 0.04% or 47,069 shares in its portfolio. (NYSE:JPM) for 113,394 shares. Benchmark maintained the shares of IIVI in report on Friday, September 8 with "Buy" rating. First Mercantile reported 0.6% in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Oakworth Capital has 2.5% invested in JPMorgan Chase & Co. (NYSE:JPM). Guyasuta Investment Advsrs has 0.38% invested in JPMorgan Chase & Co. Ameriprise Incorporated holds 0.01% or 853,152 shares. The company has market cap of $2.59 billion. Tower Cap (Trc) stated it has 6,166 shares or 0.06% of all its holdings. Dorsey Wright And Assoc has 0.8% invested in Washington Federal Inc. Wetherby Asset accumulated 58,711 shares. Trust Of Vermont invested in 3,659 shares.

Bank Hapoalim Bm increased Orbotech Ltd (NASDAQ:ORBK) stake by 18,213 shares to 66,032 valued at $2.15M in 2017Q2. It also upped En stake by 500,000 shares and now owns 700,000 shares. JPM's earnings growth in the last five years was a low 6.30%, indicating a relatively more optimistic future painted for the company in the future.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Therefore 14% are positive. Buckingham Research reiterated a "neutral" rating and issued a $100.00 target price (up from $94.00) on shares of J P Morgan Chase & Co in a research report on Monday, July 10th. (NASDAQ:IIVI) earned "Buy" rating by Northland Capital on Monday, August 7. The firm has "Hold" rating given on Monday, September 11 by Loop Capital Markets. On Friday, June 30 the stock rating was reinitiated by Evercore with "Underperform". On Thursday, August 6 the stock rating was downgraded by Vetr to "Buy". The company was maintained on Thursday, August 10 by Wells Fargo. The stock has "Hold" rating by Evercore on Wednesday, January 6. 50 funds opened positions while 91 raised stakes. Fred Alger Mgmt has 0% invested in State Street Corp (NYSE:STT). Signature Est & Limited Liability has 1,851 shares. Round Table Service Limited Liability Corp reported 0.02% of its portfolio in Rite Aid Corporation (NYSE:RAD). 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. Aull And Monroe Mgmt reported 1.23% stake. Citigroup holds 0% or 53,026 shares.

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