Facebook's (FB) "Buy" Rating Reiterated at JPMorgan Chase

Drew Angerer  Getty

Drew Angerer Getty

The lowest EPS estimate is $2.18 and the highest is $2.43.

JP Morgan Chase & Co's first-quarter profit is up 35% from a year ago, helped by higher interest rates and a lower tax bill. The U.S. stock market opens at 9:30 a.m. EDT on Friday, April 13.

Analysts surveyed by Thomson Reuters are predicting, JPM to report 1Q18 income of $ 2.28 per share from revenue of $ 27.63 billion. For the next financial year, analysts expect that the firm will report earnings of $9.69 per share, with EPS estimates ranging from $8.97 to $10.82. $1.84 million worth of JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Friday, January 12th. Investors holded 2.50 billion in 2017Q3 but now own 2.46 billion shares or 1.60% less. The business had revenue of $468.22 million during the quarter, compared to the consensus estimate of $463.41 million. Over the last three months, insiders sold 152,047 shares of company stock valued at $17,098,115. The business's revenue was up 3.3% on a year-over-year basis. (NYSE:JPM) shares were sold by BACON ASHLEY. Vetr upgraded shares of Facebook from a buy rating to a strong-buy rating and set a $210.43 price objective for the company in a report on Wednesday, January 10th. Zacks Investment Research cut JPMorgan Chase & Co. from a "buy" rating to a "hold" rating in a research note on Tuesday, March 6th. The Massachusetts-based Eaton Vance Mgmt has invested 2.24% in JPMorgan Chase & Co. On during the last trading session the stock increased $0.86 or 0.76%, reaching $114.23.Currently JPMorgan Chase & Co.is uptrending after 23.99% change in last April 13, 2017. Strategic Advisors Llc acquired 8,087 shares as Jpmorgan Chase & Co (JPM)'s stock rose 0.67%. Credit Suisse Group upgraded shares of JPMorgan Chase to a "buy" rating and set a $120.00 target price on the stock in a research note on Friday, January 5th. On Saturday, January 13 Erdoes Mary E. sold $7.31 million worth of JPMorgan Chase & Co. (NYSE:FDS) for 4,700 shares. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.80 and a quick ratio of 1.09. The firm has a market capitalization of $386,129.72, a P/E ratio of 16.50, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24. Investors of record on Friday, April 6th will be paid a $0.56 dividend. The yield on the 10-year Treasury held steady at 2.84 percent. Fsi Gru Ltd Co stated it has 1,489 shs or 0.13% of all its holdings. The stock has an average rating of "Hold" and an average price target of $112.51. 638,719 shares of the stock were exchanged, compared to its average volume of 775,859. Clearline Capital LP now owns 763,753 shares of the basic materials company's stock valued at $12,373,000 after purchasing an additional 53,370 shares during the period. 26,532 shares were sold by Scher Peter, worth $3.01M on Friday, January 19. About 16.44M shares traded or 0.38% up from the average. The disclosure for this sale can be found here. $1.03 million worth of stock was sold by Lake Marianne on Saturday, January 13. 55 investors sold all, 802 reduced holdings as JPM ratio worsened. Edinburgh Prns Ltd holds 0.01% of its portfolio in General Electric Company (NYSE:GE) for 1,960 shares. Macquarie Group Ltd. now owns 143,923 shares of the basic materials company's stock valued at $2,331,000 after purchasing an additional 76,477 shares during the period. On Saturday, January 13 $7.31 million worth of JPMorgan Chase & Co.

Copeland Capital Management Llc increased its stake in Jpmorgan Chase (JPM) by 100.24% based on its latest 2017Q4 regulatory filing with the SEC. Regional bank PNC Financial lost 3.7 percent.

Screen Shot 2018 04 12
JPMorgan

JPMorgan took a $2.4 billion hit from the new law last quarter. PEAK6 Investments L.P. increased its position in Ferroglobe by 107.8% during the 4th quarter.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece on another publication, it was stolen and reposted in violation of US and worldwide copyright legislation. Guardian Life Of America reported 0.27% stake. First Eagle Inv Mngmt Ltd Liability Company has invested 0% in General Electric Company (NYSE:GE).

JPMorgan Chase is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.

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