JPMorgan Q3 Earnings, Revenue Beat; Citigroup To Report

JPMorgan Q3 Earnings, Revenue Beat; Citigroup To Report

Bailard holds 0.93% in JPMorgan Chase & Co. The business had revenue of $25.50 billion during the quarter, compared to the consensus estimate of $24.38 billion.

JPMorgan has announced a sharp year-on-year drop in third-quarter fixed income trading revenues, with a slump across its trading and investment banking businesses kicking off what is expected to be a disappointing reporting period for the world's biggest banks. Finally, Manning & Napier Advisors LLC raised its position in shares of J P Morgan Chase & Co by 19.3% in the second quarter. The financial services provider reported $1.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.59 by $0.23. The Company is engaged in investment banking, financial services. The fund owned 185,718 shares of the financial services provider's stock after buying an additional 2,685 shares during the period. Rech & Communications holds 1,827 shares or 0.05% of its portfolio. On Thursday, August 6 the stock rating was downgraded by Vetr to "Buy". (NASDAQ:IIVI) has "Buy" rating given on Tuesday, August 4 by Sidoti. The company was maintained on Wednesday, October 14 by Keefe Bruyette & Woods. Signature Est & Limited Liability has 1,851 shares. (NYSE:JPM) has "Neutral" rating given on Monday, January 18 by UBS. Thomaspartners Inc. now owns 2,572,428 shares of the financial services provider's stock valued at $225,962,000 after buying an additional 70,882 shares during the last quarter. The firm has "Hold" rating by Keefe Bruyette & Woods given on Monday, May 29. Grand Jean Capital Management Inc. raised its position in shares of J P Morgan Chase & Co by 33.3% in the first quarter. (NYSE:JPM) to report earnings on October, 12 before the open. Also, CFO Marianne Lake sold 17,596 shares of the stock in a transaction that occurred on Monday, July 17th. JPMorgan Chase & Co had 78 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:JPM) on Friday, October 6 with "Neutral" rating. The company had a trading volume of 6,614,458 shares. The company lowered sales outlook from $1.29-$1.35 billion to $1.25-$1.26 billion. (NYSE:JPM). Hollow Brook Wealth Limited Company holds 0.6% or 9,631 shares in its portfolio. Twin Mgmt invested 1.54% of its portfolio in JPMorgan Chase & Co. It has a 55.47 P/E ratio. The company was maintained on Thursday, August 10 by Wells Fargo. On Wednesday, the stock was still within range of a 95.32 buy point of a flat base. (NYSE:JPM) for 733,723 shares. The rating was maintained by RBC Capital Markets on Thursday, June 15 with "Buy".

Among 31 analysts covering JPMorgan Chase & Co (NYSE:JPM), 16 have Buy rating, 2 Sell and 13 Hold.

EC to announce dates for Gujarat, Himachal Pradesh assembly elections today
The Election Campaign is likely to announce the dates for the assembly elections in Gujarat and Himachal Pradesh by 4 pm today. Congress has already announced Chief Minister Virbhadra Singh as the party's chief ministerial candidate last week.

Total shares held by institutions as of the most recent company filings are 2,826,100,266 with a reported 221,533,502 bought and 142,925,385 sold. The rating was maintained by Vining Sparks on Friday, April 28 with "Outperform". Moreover, Nelson Roberts Inv Advisors Limited Liability Company has 0.03% invested in State Street Corp (NYSE:STT).

Capital International Inc decreased Hexcel Corporation (NYSE:HXL) stake by 22,900 shares to 49,200 valued at $2.60 million in 2017Q2. Credit Suisse Group reaffirmed a "buy" rating and set a $110.00 target price (up from $103.00) on shares of J P Morgan Chase & Co in a report on Monday. It also reduced Core Laboratories (NYSE:CLB) stake by 10,352 shares and now owns 24,000 shares. First Command Financial Services Inc. lifted its holdings in J P Morgan Chase & Co by 13.3% during the 1st quarter.

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