Economy

JP Morgan Chase & Co, Citigroup, Dominos Pizza Inc and more - PRE-MARKET

JP Morgan Chase & Co, Citigroup, Dominos Pizza Inc and more - PRE-MARKET

J P Morgan Chase & Co (NYSE:JPM)'s stock had its "hold" rating reiterated by stock analysts at Oppenheimer Holdings, Inc.in a research report issued on Thursday.

Other large investors have also recently added to or reduced their stakes in the company. BMO Capital Markets maintained JPMorgan Chase & Co. Neumann Capital Management LLC now owns 21,811 shares of the financial services provider's stock worth $1,994,000 after buying an additional 80 shares in the last quarter.

Analysts have fuelled rumours that Amazon could announce a move to accept Bitcoin during its next investors' call, due this month. (NYSE:JPM) on Monday, October 9 with "Buy" rating. The firm earned "Hold" rating on Thursday, January 26 by Argus Research.

Among 2 analysts covering Twenty-First Century Fox (NASDAQ:FOX), 1 have Buy rating, 0 Sell and 1 Hold. JPM has diverse figures for different time frames; starting from week's performance it has positive performance of 0.50% in last five regular trading sessions. The stock had a trading volume of 13,033,675 shares. The stock has a market cap of $338.06 billion, a P/E ratio of 14.17 and a beta of 1.18. In looking the SMA 50 we see that the stock has seen a 4.26% while it has a distance of 8.65% from the 200 days simple moving average. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is now 31.02%.

J P Morgan Chase & Co (NYSE:JPM) last released its earnings results on Thursday, October 12th. The financial services provider reported $1.65 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.52 by $0.13.

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Third-quarter net revenue on a reported basis totaled $25.3 billion, compared to $24.7 billion, prior year, an increase of 3%. J P Morgan Chase & Co had a net margin of 24.13% and a return on equity of 11.53%. During the same quarter in the previous year, the company posted $1.58 EPS. The bank saw higher deposit growth and increased revenue in its credit card division, which the bank has been expanding aggressively in the a year ago with a new high-end credit card known as Chase Sapphire Reserve.

COPYRIGHT VIOLATION WARNING: This article was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and worldwide copyright and trademark laws. Bank of America Corporation restated an "outperform" rating and issued a $99.00 price objective on shares of J P Morgan Chase & Co in a report on Wednesday, June 21st. Also, CFO Marianne Lake sold 17,596 shares of the firm's stock in a transaction on Monday, July 17th.

Energy stocks also fell, dragged down by a more than 1 percent drop in crude oil prices as USA fuel inventories rose despite efforts by OPEC to cut production. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The stock was sold at an average price of $87.21, for a total value of $568,085.94. The disclosure for this sale can be found here. Insiders own 0.85% of the company's stock. The Finemark National Bank & Trust holds 148,804 shares with $13.60M value, up from 143,725 last quarter. Charge-offs in that business have been creeping steadily higher for several quarters, however, and the bank had to set aside an additional US$300 million to cover potential losses. Cutter & CO Brokerage Inc. increased its holdings in J P Morgan Chase & Co by 0.7% in the 2nd quarter. Ronald Blue & Company Llc sold 4,187 shares as Jpmorgan Chase & Company (JPM)'s stock declined 6.04%. (NYSE:JPM). National Inc Wi invested 2.4% of its portfolio in JPMorgan Chase & Co. Jackson Grant Investment Advisers Inc. now owns 3,289 shares of the financial services provider's stock worth $301,000 after buying an additional 12 shares in the last quarter. Moreover, Consulta Limited has 3.34% invested in JPMorgan Chase & Co. Deutsche Bancshares Ag owns 0% invested in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 76,966 shares.

JPMorgan Chase & Co is a financial holding company.

Independent Bank Corporation is a bank holding company.