JPMorgan Earnings Take Hit From Tax Changes, Drop in Trading

Ivan Schwartz
January 15, 2018

The stock decreased 0.65% or $1.06 during the last trading session, reaching $163.14. About 2.07M shares traded. (NYSE:JPM) last issued its quarterly earnings results on Friday, January 12th. It has outperformed by 17.04% the S&P500. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Among 13 analysts covering TransCanada Corporation (NYSE:TRP), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 53% are positive. The direction of this stock is getting Weakening.This is an indicator for investors to know whether the stock is heading towards a Buy or Sell, or whether the Hold is advancing towards a Buy or a Sell.

Pfizer Inc. (NYSE:PFE) market capitalization at present is $217.51B at the rate of $36.56 a share. The company was maintained on Tuesday, June 13 by Stifel Nicolaus. maintained it with "Buy" rating and $35 target in Monday, October 10 report. Rice Hall James And Associate Ltd Liability holds 0.01% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) earned "Neutral" rating by Nomura on Wednesday, February 24. The company has a consensus rating of "Hold" and a consensus price target of $100.46. On Wednesday, September 20 the stock rating was maintained by Robert W. Baird with "Hold". The firm has "Outperform" rating given on Wednesday, September 16 by BMO Capital Markets. (NYSE:JPM) has "Neutral" rating given on Friday, January 15 by UBS. (NYSE:JPM) for 22,076 shares.

Investors sentiment decreased to 0.91 in Q3 2017. VOYA comes in with a P/S ratio of 0.97 that's below 1, potentially implying that it could be cheap relative to the overall sector (6.35) and its peers (1.56). A D Beadell Investment Counsel owns 6,780 shares for 0.55% of their portfolio. Bank of America Corp., which reports results next week, said last month that about 145,000 workers would get a $1,000 bonus. The 1-year high was reported on Jan, 13 by First Quadrant Lp Ca reported 0.86% stake. Ameritas Ptnrs invested in 168,166 shares. (NYSE:EFX). Prudential Incorporated owns 167,738 shares or 0.03% of their USA portfolio. Fisher Asset Management Llc holds 7.14 million shares or 0.96% of its portfolio. Ajo Limited Partnership, Pennsylvania-based fund reported 12,629 shares. (NYSE:JPM). Regal Inv Advsr Ltd Com stated it has 9,864 shares or 0.22% of all its holdings. Advantus Capital Management holds 354,806 shares. Cap has invested 0.06% in JPMorgan Chase & Co. Cortland Advisers Limited Liability accumulated 1.37 million shares. (NYSE:JPM) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. Therefore 38% are positive. Wolfe Research maintained the stock with "Outperform" rating in Monday, May 15 report.

Among 14 analysts covering Nationstar Mortgage Holdings (NYSE:NSM), 4 have Buy rating, 2 Sell and 8 Hold. The fund owned 861,149 shares of the financial services provider's stock after buying an additional 20,628 shares during the quarter. On Friday, October 13 the stock rating was maintained by Morgan Stanley with "Overweight". The rating was downgraded by Wells Fargo on Wednesday, November 4 to "Market Perform". Stifel Nicolaus maintained Amber Road, Inc. The ex-dividend date is Thursday, January 4th.

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Investors sentiment decreased to 0.82 in 2017 Q3. Its up 0.04, from 0.63 in 2017Q2. It is negative, as 19 investors sold CPSI shares while 34 reduced holdings. 67 funds opened positions while 108 raised stakes. 495.40 million shares or 0.93% less from 500.06 million shares in 2017Q2 were reported. Northwest Investment Counselors LLC bought a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter worth approximately $165,000. (NYSE:JPM) for 669,044 shares.

Regent Investment Management Llc decreased Charter Communicationsinc Newc stake by 4,131 shares to 3,067 valued at $1.12M in 2017Q3. Chickasaw Cap Mgmt has invested 0.04% in The Procter & Gamble Company (NYSE:PG). Alpha Cubed Investments Ltd Co has invested 2.32% in JPMorgan Chase & Co. The other 18, though not evenly; between analysts who think you should buy JPMorgan Chase & Co. versus those who think you should sell it. Hartford Invest Management holds 78,450 shares or 0.06% of its portfolio.

JPM has been the topic of several analyst reports. To adjust for differences in capital structure we'll use EBITDA margin and Return on Investment (ROI) as measures of profitability and return., compared to an EBITDA margin of 70.88% for Home Bancshares, Inc. (NYSE:PLD) for 43,825 shares. Moneta Gp Invest Advsrs Lc holds 0.25% or 17,719 shares in its portfolio. $154,168 worth of The Procter & Gamble Company (NYSE:PG) was sold by Coombe Gary A. Pierce Charles E had sold 3,519 shares worth $323,891. (NYSE:JPM). Roof Eidam Maycock Adv has 5,347 shares for 0.26% of their portfolio. That's a potential 4.37 gain from where (NYSE:VOYA) has been trading recently. Cohen & Steers reported 16.93M shares. Comparatively, HOMB's free cash flow per share was +0.02.

Partners Group Holding Ag, which manages about $901.95 million US Long portfolio, upped its stake in Canadian National Railway Co (NYSE:CNI) by 58,200 shares to 360,400 shares, valued at $29.75 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IWS) by 8,114 shares in the quarter, for a total of 14,837 shares, and has risen its stake in Powershares Etf Tr Ii (PSCD).

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