JP Morgan Q3 profits beat estimates but provisions jump

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Jpmorgan Chase & Co Com now has $340.78 billion valuation. Washington Management Incorporated reported 14,100 shares or 0.53% of all its holdings. Nomura maintained JPMorgan Chase & Co. Shell Asset Management Co bought 114,382 shares as the company's stock declined 6.04% while stock markets rallied. $568,100 worth of JPMorgan Chase & Co.

Investors sentiment increased to 1.19 in Q2 2017. Reducing the corporate tax rate to 20 percent from the current 35 percent - as the plans calls for - could support the creation of as many as 2 million jobs if the savings were funneled in that direction, Dimon said, citing a study by the accounting firm EY. Finally, Manning & Napier Advisors LLC raised its position in shares of J P Morgan Chase & Co by 19.3% in the second quarter. Crawford Counsel has 0.08% invested in JPMorgan Chase & Co. The fund owned 138,195 shares of the financial services provider's stock after buying an additional 32,937 shares during the period. American Insur Tx invested 1.7% of its portfolio in JPMorgan Chase & Co.

Skba Capital Management Llc decreased Jpmorgan Chase & Co (JPM) stake by 12.09% reported in 2017Q2 SEC filing. (NYSE:JPM). 733,012 are held by Basswood Capital Ltd. The company has market cap of $2.59 billion. JPMorgan Chase & Co. has a one year low of $57.05 and a one year high of $93.98. (NYSE:JPM) on Thursday, July 20 with "Hold" rating.

For the three months ending in September, the Wall Street heavyweight posted a 7% jump in its earnings per share versus a year ago to reach $1.76, versus analysts' estimates calling for EPS of $1.65. The company had revenue of $25.50 billion during the quarter, compared to analysts' expectations of $24.38 billion. The firm's quarterly revenue was up 6.2% compared to the same quarter previous year.

For the third-quarter, book value per share was $66.95, up 5% yea-over-year; and tangible book value per share was $54.03, up 5%. (NYSE:JPM). Gulf Intll Natl Bank (Uk) stated it has 1.45% of its portfolio in JPMorgan Chase & Co.

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The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. State Street Corp is the second biggest holder with 167 million shares now valued at 15.23 B million whilst HighTower Advisors, LLC has 153 million shares valued at 13.97 B million. This represents a $2.00 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Thursday, October 5th. JPMorgan Chase & Co.'s payout ratio is 31.02%. IESC's SI was 493,700 shares in October as released by FINRA.

Among 11 analysts covering B&G Foods (NYSE:BGS), 4 have Buy rating, 1 Sell and 6 Hold. JPMorgan Chase & Co had 78 analyst reports since July 21, 2015 according to SRatingsIntel. Washington Federal had 8 analyst reports since October 29, 2015 according to SRatingsIntel.

Now insiders hold 17,978,862 shares in the business which makes up 0.51% of shares. The company was upgraded on Wednesday, September 16 by BMO Capital Markets. (NASDAQ:IIVI) earned "Buy" rating by Northland Capital on Monday, August 7. The stock was sold at an average price of $87.21, for a total transaction of $568,085.94. Aureus Asset Mngmt Limited Co reported 0.06% of its portfolio in II-VI, Inc. It is negative, as 44 investors sold II-VI, Inc. shares while 60 reduced holdings. The disclosure for this sale can be found here. The Mairs & Power Inc holds 279,693 shares with $25.56M value, down from 283,169 last quarter.

JPMorgan Chase & Co is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company, provides a range of financial services and products to institutional investors across the world. The Firm operates through four divisions: Communications, Residential, Commercial & Industrial, and Infrastructure Solutions.

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