JP Morgan Chase & CO (NYSE:JPM) Could Improve Your Long Portfolio After Less Shorts Reported

JPMorgan Chase & Co. (NYSE:JPM) Logo

Investors sentiment increased to 1.14 in 2019 Q2. Its up 0.04, from 1.1 in 2019Q1. It increased, as 46 investors sold JPMorgan Chase & Co. shares while 669 reduced holdings. 137 funds opened positions while 678 raised stakes. 2.21 billion shares or 4.87% less from 2.32 billion shares in 2019Q1 were reported.
Paloma Ptnrs Mgmt stated it has 1.07M shares. Portland Glob Lc holds 5,734 shares or 0.21% of its portfolio. Jacobs & Co Ca holds 0.04% or 2,336 shares. Capwealth Advisors Ltd Llc has 1.05% invested in JPMorgan Chase & Co. (NYSE:JPM) for 65,789 shares. Endeavour Cap Advsrs holds 3.53% or 213,316 shares in its portfolio. Horan Capital Advsrs Lc accumulated 39,173 shares. Moreover, Narwhal Capital has 2.32% invested in JPMorgan Chase & Co. (NYSE:JPM) for 100,215 shares. Csat Inv Advisory L P stated it has 27,315 shares. Park Circle has 0.1% invested in JPMorgan Chase & Co. (NYSE:JPM) for 1,300 shares. Prio Wealth L P holds 2.59% or 505,022 shares in its portfolio. Doliver Advsrs Ltd Partnership owns 0.25% invested in JPMorgan Chase & Co. (NYSE:JPM) for 5,764 shares. Barometer Cap Incorporated invested in 2,400 shares. Moreover, Fiduciary Financial Svcs Of The Southwest Inc Tx has 0.28% invested in JPMorgan Chase & Co. (NYSE:JPM). Sit Inv Associates reported 0.84% stake. L & S reported 28,810 shares.

Since April 16, 2019, it had 3 insider buys, and 0 selling transactions for $4.19 million activity.

The stock of JP Morgan Chase & CO (NYSE:JPM) registered a decrease of 1.6% in short interest. JPM’s total short interest was 22.49 million shares in September as published by FINRA. Its down 1.6% from 22.85 million shares, reported previously. With 11.28 million shares average volume, it will take short sellers 2 days to cover their JPM’s short positions. The short interest to JP Morgan Chase & CO’s float is 0.69%.

The stock increased 1.97% or $2.32 during the last trading session, reaching $120.23. About 15.28M shares traded or 31.44% 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.

JPMorgan Chase & Co. operates as a financial services firm worldwide. The company has market cap of $384.43 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.

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

Among 3 analysts covering J P Morgan Chase & (NYSE:JPM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. J P Morgan Chase & has $132 highest and $118 lowest target. $126.67’s average target is 5.36% above currents $120.23 stock price. J P Morgan Chase & had 8 analyst reports since March 18, 2019 according to SRatingsIntel. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) on Monday, April 15 with “Market Perform” rating. Morgan Stanley maintained the stock with “Overweight” rating in Monday, April 15 report. The firm has “Outperform” rating given on Monday, April 15 by Credit Suisse.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Finance.Yahoo.com which released: “How Should Investors Feel About JPMorgan Chase & Co.’s (NYSE:JPM) CEO Pay? – Yahoo Finance” on July 10, 2019, also Bizjournals.com with their article: “JP Morgan creates ‘Volfefe Index’ to track impact of Trump’s tweets – New York Business Journal” published on September 09, 2019, Finance.Yahoo.com published: “3 Stocks to Buy As Sector Rotation Heats Up – Yahoo Finance” on September 12, 2019. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Benzinga.com and their article: “JPMorgan CEO Jamie Dimon: Potential For Zero Rates ‘Obviously’ A Concern – Benzinga” published on September 11, 2019 as well as Fool.com‘s news article titled: “Where Will JPMorgan Chase Be in 5 Years? – The Motley Fool” with publication date: August 27, 2019.

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

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