J P Morgan Chase & Co (NYSE:JPM)‘s stock had its “hold” rating restated by stock analysts at Keefe, Bruyette & Woods in a research note issued to investors on Wednesday.

JPM has been the subject of a number of other reports. Deutsche Bank AG downgraded J P Morgan Chase & Co from a “buy” rating to a “hold” rating and increased their price target for the company from $90.00 to $96.00 in a research report on Tuesday, September 26th. Robert W. Baird reaffirmed a “hold” rating and set a $88.00 price target on shares of J P Morgan Chase & Co in a research report on Thursday, September 21st. Zacks Investment Research downgraded J P Morgan Chase & Co from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. BidaskClub raised J P Morgan Chase & Co from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Finally, Vetr raised J P Morgan Chase & Co from a “hold” rating to a “buy” rating and set a $93.14 price target for the company in a research report on Wednesday, September 6th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seventeen have assigned a buy rating to the company. J P Morgan Chase & Co has a consensus rating of “Hold” and an average price target of $88.87.

J P Morgan Chase & Co (NYSE JPM) traded down 0.30% on Wednesday, hitting $96.84. The company had a trading volume of 14,077,662 shares. The stock has a 50 day moving average of $93.07 and a 200-day moving average of $89.60. The stock has a market capitalization of $340.78 billion, a PE ratio of 14.30 and a beta of 1.18. J P Morgan Chase & Co has a one year low of $66.74 and a one year high of $97.64.

J P Morgan Chase & Co (NYSE:JPM) last issued its quarterly earnings results on Friday, July 14th. The financial services provider reported $1.82 EPS for the quarter, beating the Zacks’ consensus estimate of $1.59 by $0.23. The company had revenue of $25.50 billion during the quarter, compared to the consensus estimate of $24.38 billion. J P Morgan Chase & Co had a return on equity of 11.53% and a net margin of 24.13%. J P Morgan Chase & Co’s revenue was up 4.6% on a year-over-year basis. During the same period last year, the business posted $1.55 earnings per share. Equities analysts anticipate that J P Morgan Chase & Co will post $6.80 EPS for the current year.

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In related news, insider Nicole Giles sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $91.29, for a total transaction of $91,290.00. Following the transaction, the insider now owns 3,783 shares in the company, valued at approximately $345,350.07. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Marianne Lake sold 17,596 shares of the business’s stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $91.58, for a total value of $1,611,441.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,564 shares of company stock worth $2,605,334. Company insiders own 0.88% of the company’s stock.

A number of large investors have recently made changes to their positions in the stock. Amarillo National Bank increased its holdings in J P Morgan Chase & Co by 19.6% during the 3rd quarter. Amarillo National Bank now owns 24,381 shares of the financial services provider’s stock valued at $2,329,000 after purchasing an additional 4,003 shares during the period. Beacon Financial Group increased its holdings in J P Morgan Chase & Co by 17.8% during the 3rd quarter. Beacon Financial Group now owns 6,082 shares of the financial services provider’s stock valued at $581,000 after purchasing an additional 921 shares during the period. McQueen Ball & Associates Inc. increased its holdings in J P Morgan Chase & Co by 3.7% during the 3rd quarter. McQueen Ball & Associates Inc. now owns 39,596 shares of the financial services provider’s stock valued at $3,782,000 after purchasing an additional 1,398 shares during the period. Curbstone Financial Management Corp increased its holdings in J P Morgan Chase & Co by 86.9% during the 3rd quarter. Curbstone Financial Management Corp now owns 28,594 shares of the financial services provider’s stock valued at $2,731,000 after purchasing an additional 13,297 shares during the period. Finally, MPS Loria Financial Planners LLC purchased a new position in J P Morgan Chase & Co during the 2nd quarter valued at about $296,000. Institutional investors own 77.89% of the company’s stock.

About J P Morgan Chase & Co

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

Analyst Recommendations for J P Morgan Chase & Co (NYSE:JPM)

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