JPMorgan Chase & Co. (NYSE:JPM) – Oppenheimer decreased their FY2017 EPS estimates for shares of JPMorgan Chase & Co. in a research note issued to investors on Tuesday, according to Zacks Investment Research. Oppenheimer analyst C. Kotowski now expects that the financial services provider will post earnings per share of $6.86 for the year, down from their previous estimate of $6.91. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for JPMorgan Chase & Co.’s Q4 2017 earnings at $1.63 EPS.

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A number of other research analysts also recently issued reports on JPM. Citigroup lifted their price objective on shares of JPMorgan Chase & Co. from $90.00 to $96.00 and gave the stock a “neutral” rating in a research report on Friday, October 6th. Robert W. Baird boosted their target price on shares of JPMorgan Chase & Co. from $88.00 to $92.00 and gave the stock a “neutral” rating in a research report on Friday, October 13th. Bank of America set a $119.00 target price on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Monday, January 15th. UBS Group reissued a “buy” rating and set a $125.00 target price (up previously from $119.00) on shares of JPMorgan Chase & Co. in a research report on Tuesday, January 16th. Finally, Jefferies Group set a $111.00 target price on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Friday, October 13th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the company’s stock. JPMorgan Chase & Co. has an average rating of “Hold” and an average target price of $105.81.

Shares of JPMorgan Chase & Co. (NYSE JPM) traded down $0.12 during trading on Friday, hitting $116.20. 11,012,943 shares of the stock were exchanged, compared to its average volume of 14,050,000. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.03 and a current ratio of 1.01. JPMorgan Chase & Co. has a 52-week low of $81.64 and a 52-week high of $117.35. The stock has a market cap of $403,180.00, a P/E ratio of 18.21, a P/E/G ratio of 1.99 and a beta of 1.22.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Friday, January 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.07. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. The firm had revenue of $24.15 billion for the quarter, compared to the consensus estimate of $24.87 billion. During the same quarter in the previous year, the firm earned $1.71 EPS. The company’s quarterly revenue was up 3.3% compared to the same quarter last year.

Large investors have recently bought and sold shares of the business. Janus Henderson Group PLC grew its holdings in shares of JPMorgan Chase & Co. by 517.3% during the second quarter. Janus Henderson Group PLC now owns 5,553,819 shares of the financial services provider’s stock worth $507,632,000 after buying an additional 4,654,113 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of JPMorgan Chase & Co. by 9,301.6% during the third quarter. Stifel Financial Corp now owns 4,351,736 shares of the financial services provider’s stock worth $415,662,000 after buying an additional 4,305,449 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of JPMorgan Chase & Co. by 29.2% during the second quarter. Alliancebernstein L.P. now owns 17,456,699 shares of the financial services provider’s stock worth $1,595,542,000 after buying an additional 3,945,948 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of JPMorgan Chase & Co. by 1.5% during the second quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock worth $22,839,729,000 after buying an additional 3,717,683 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its holdings in shares of JPMorgan Chase & Co. by 40.8% during the second quarter. Parametric Portfolio Associates LLC now owns 9,769,017 shares of the financial services provider’s stock worth $892,886,000 after buying an additional 2,828,726 shares in the last quarter. Institutional investors own 73.85% of the company’s stock.

In other JPMorgan Chase & Co. news, insider Ashley Bacon sold 16,434 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $112.22, for a total transaction of $1,844,223.48. Following the completion of the transaction, the insider now directly owns 98,811 shares in the company, valued at $11,088,570.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Peter Scher sold 26,532 shares of the company’s stock in a transaction on Friday, January 19th. The stock was sold at an average price of $113.42, for a total transaction of $3,009,259.44. The disclosure for this sale can be found here. Over the last quarter, insiders sold 152,047 shares of company stock valued at $17,098,115. Company insiders own 0.88% of the company’s stock.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, January 5th will be paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Thursday, January 4th. JPMorgan Chase & Co.’s dividend payout ratio is currently 35.11%.

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About JPMorgan 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.

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Earnings History and Estimates for JPMorgan Chase & Co. (NYSE:JPM)

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