Street expectation from JPMorgan Chase (NYSE:JPM) 1Q18 earnings ?

Eloise Marshall
April 13, 2018

138 funds opened positions while 466 raised stakes. Funds hold 2.46 billion shares thus 1.60% less from 2017Q3's 2.50 billion shares. Parallax Volatility Advisers Lp invested 0.01% of its capital in JPMorgan Chase & Co. (NYSE:JPM) or 65,101 shares. Tokio Marine Asset Mngmt holds 30,148 shs.

In related news, Director James S. Crown bought 7,280 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, January 18th. (NYSE:JPM). Everett Harris Ca stated it has 16,067 shs or 0.05% of all its holdings. Boston Research And Incorporated accumulated 8,853 shs.

The holdings In Jpmorgan Chase & (JPM) was upped owned by Swedbank. (NYSE:JPM) for 1.27M shs. (NYSE:JPM) for 5,634 shares. (NYSE:FDS). New Amsterdam Prtn Ltd Liability invested in 1,934 shares. Two analysts have made estimates for JPMorgan Chase & Co.'s earnings. Rowland And Invest Counsel Adv has 8,541 shs. General Invsts accumulated 205,000 shs. (NYSE:FDS). Cullinan Inc, Kentucky-based fund reported 8,250 shares. Moreover, Catawba Mgmt Va has 1.44% invested in Wells Fargo & Company (NYSE:WFC). Another trade for 17,729 shares valued at $1.99M was sold by Friedman Stacey. The stock was sold at an average price of $112.33, for a total transaction of $1,991,498.57. On Saturday, January 13 Erdoes Mary E. sold $7.31 million worth of JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. Goodwin Daniel L holds 0.76% or 28,800 shares. Giles Nicole sold 3,783 shares worth $425,399. Alliancebernstein L.P. grew its stake in JPMorgan Chase by 29.2% in the second quarter. Copeland Capital Management Llc bought 24,633 shares as the company's stock rose 0.67% while stock markets declined. The major banks company at the end of 2017Q4 was valued at $699.98M. It's up from 6.24 million at the end of the previous reported quarter. Now it had 6.55 million shares held by the institutional investor. JPMorgan Chase's dividend payout ratio (DPR) is 32.61%. Omers Administration Corporation invested in 2.01% or 1.84 million shares. JPM outperformed the S&P500 by 12.44%.

According to a filing Swedbank decreased its stake in Verizon Communic (NYSE:VZ) by 305,452 shares to 2.60 million shares, valued at $137.66 million in 2017Q4.

China says will fight back if US escalates trade spat
China's imports could be more resilient than exports in our view as China has pledged to increase imports", Wang said. Its imports from the US rose 8.9 per cent in the quarter and 3.2 per cent in March.


Swedbank manages about $18.44 billion US Long portfolio.

Provision for credit losses was $1.17 billion, compared with $1.32 billion in the prior-year quarter, reflecting higher net charge-offs in the consumer credit card business, offset by the prior year's write-down of the bank's student loan portfolio.

Bloomberg has the details on JP Morgan's big quarter. (NYSE:FDS), 2 have Buy rating, 3 Sell and 14 Hold. On Thursday, January 4 the firm earned "Buy" rating by Credit Suisse. On Tuesday, January 16 the firm has "Hold" rating given by Sandler O'Neill. The firm has a market capitalization of $371,235.00, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 1.83 and a beta of 1.18. The stock rating was maintained by Robert W. Baird with "Hold" on Tuesday, January 2. On Friday, February 2 the company was maintained by Morgan Stanley. Finally, Jefferies Group set a $19.00 price objective on shares of Ferroglobe and gave the company a buy rating in a research note on Monday, February 26th. (NYSE:JPM) with "Market Perform" rating. The company rating was maintained by Keefe Bruyette & Woods on Tuesday, December 12.

Shares of TCMFF opened at $6.00 on Wednesday.

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