Jpmorgan Chase & Co (NYSE:JPM) Institutional Investor Sentiment Trend

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Sentiment for Jpmorgan Chase & Co (NYSE:JPM)

Jpmorgan Chase & Co (NYSE:JPM) institutional sentiment increased to 1.14 in Q2 2019. Its up 0.04, from 1.1 in 2019Q1. The ratio is more positive, as 815 funds started new or increased holdings, while 715 sold and reduced their stock positions in Jpmorgan Chase & Co. The funds in our partner’s database now have: 2.21 billion shares, down from 2.32 billion shares in 2019Q1. Also, the number of funds holding Jpmorgan Chase & Co in their top 10 holdings increased from 341 to 398 for an increase of 57. Sold All: 46 Reduced: 669 Increased: 678 New Position: 137.

JPMorgan Chase & Co. operates as a financial services firm worldwide. The company has market cap of $384.21 billion. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management divisions. It has a 12.29 P/E ratio. The Consumer & Community Banking segment offers deposit and investment services and products to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans.

The stock increased 1.91% or $2.25 during the last trading session, reaching $120.16. About 12.35M shares traded or 6.28% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has declined 0.63% since September 13, 2018 and is downtrending. It has underperformed by 0.63% the S&P500.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on October, 15 before the open. They expect $2.42 earnings per share, up 3.42 % or $0.08 from last year’s $2.34 per share. JPM’s profit will be $7.74B for 12.41 P/E if the $2.42 EPS becomes a reality. After $2.59 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -6.56 % negative EPS growth.

Brave Warrior Advisors Llc holds 12.12% of its portfolio in JPMorgan Chase & Co. for 2.04 million shares. Greenhaven Associates Inc owns 4.90 million shares or 9.57% of their US portfolio. Moreover, Wellcome Trust Ltd (The) As Trustee Of The Wellcome Trust has 8.16% invested in the company for 4.70 million shares. The Ohio-based Cincinnati Casualty Co has invested 7.99% in the stock. R. G. Niederhoffer Capital Management Inc, a New York-based fund reported 11,500 shares.

Since January 1, 0001, it had 3 insider buys, and 0 selling transactions for $4.19 million activity.

JPMorgan Chase & Co. (NYSE:JPM) Ratings Coverage

Ratings analysis reveals 67% of J P Morgan Chase &’s analysts are positive. Out of 3 Wall Street analysts rating J P Morgan Chase &, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $118 while the high is $132. The stock’s average target of $126.67 is 5.42% above today’s ($120.16) share price. JPM was included in 8 notes of analysts from March 18, 2019. On Monday, April 15 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Outperform” rating by Credit Suisse on Monday, April 15. Morgan Stanley maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Monday, April 15. Morgan Stanley has “Overweight” rating and $130 target.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Finance.Yahoo.com which released: “Why JPMorgan Chase & Co. (NYSE:JPM) Is A Dividend Rockstar – Yahoo Finance” on August 31, 2019, also Finance.Yahoo.com with their article: “How Should Investors Feel About JPMorgan Chase & Co.’s (NYSE:JPM) CEO Pay? – Yahoo Finance” published on July 10, 2019, Fool.com published: “Where Will JPMorgan Chase Be in 5 Years? – The Motley Fool” on August 27, 2019. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “JPMorgan Chase: Boring Is Good – Seeking Alpha” published on July 19, 2019 as well as Seekingalpha.com‘s news article titled: “Agco and Oshkosh upgraded, Actuant downgraded at J.P. Morgan – Seeking Alpha” with publication date: September 11, 2019.

JPMorgan Chase & Co. (NYSE:JPM) Institutional Positions Chart

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