National Bank of Canada (NTIOF) Analysts See $1.08 EPS; Nippon Life Insurance Company Cut Jpmorgan Chase & Co (JPM) Position By $842,660

November 15, 2017 - By Dolores Ford

Nippon Life Insurance Company decreased Jpmorgan Chase & Co (JPM) stake by 7.45% reported in 2017Q2 SEC filing. Nippon Life Insurance Company sold 9,260 shares as Jpmorgan Chase & Co (JPM)’s stock declined 6.04%. The Nippon Life Insurance Company holds 115,109 shares with $10.52M value, down from 124,369 last quarter. Jpmorgan Chase & Co now has $337.50 billion valuation. The stock decreased 0.58% or $0.57 during the last trading session, reaching $97.27. About 635 shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since November 15, 2016 and is uptrending. It has outperformed by 17.04% the S&P500.

Analysts expect National Bank of Canada (OTCMKTS:NTIOF) to report $1.08 EPS on December, 1 before the open.They anticipate $0.14 EPS change or 14.89% from last quarter’s $0.94 EPS. NTIOF’s profit would be $367.61 million giving it 11.39 P/E if the $1.08 EPS is correct. After having $1.05 EPS previously, National Bank of Canada’s analysts see 2.86% EPS growth. The stock increased 0.29% or $0.14 on November 14, reaching $49.21. About 8,310 shares traded. National Bank of Canada (OTCMKTS:NTIOF) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

National Bank of Canada is an integrated group, which provides financial services to consumers, small- and medium-sized enterprises (SMEs) and large firms in its domestic market and also offers specialized services internationally. The company has market cap of $16.75 billion.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on January, 12. They expect $1.71 EPS, 0.00% or $0.00 from last year’s $1.71 per share. JPM’s profit will be $5.93B for 14.22 P/E if the $1.71 EPS becomes a reality. After $1.76 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -2.84% negative EPS growth.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.32, from 0.87 in 2017Q1. It is positive, as 56 investors sold JPM shares while 678 reduced holdings. 146 funds opened positions while 731 raised stakes. 2.69 billion shares or 4.21% more from 2.58 billion shares in 2017Q1 were reported. Driehaus Management Limited Com invested in 0.02% or 6,061 shares. Brave Asset Mngmt has 16,766 shares for 0.91% of their portfolio. Ims Mgmt stated it has 0.45% in JPMorgan Chase & Co. (NYSE:JPM). Moneta Gp Advsrs Lc holds 0.66% or 44,233 shares in its portfolio. Valley Natl Advisers accumulated 4,889 shares. Pension Ser stated it has 1.42% in JPMorgan Chase & Co. (NYSE:JPM). Iowa-based Iowa Bankshares has invested 2.92% in JPMorgan Chase & Co. (NYSE:JPM). Glg Lc invested 1.36% in JPMorgan Chase & Co. (NYSE:JPM). Sandy Spring Commercial Bank reported 142,778 shares. Fagan has 65,605 shares for 3.12% of their portfolio. Private Cap Advsrs stated it has 4,632 shares or 0.14% of all its holdings. Bailard accumulated 0.93% or 128,209 shares. Boyar Asset Inc invested in 4.72% or 70,235 shares. Braun Stacey Assocs owns 281,896 shares for 1.67% of their portfolio. Bluemountain Management Llc reported 15,338 shares.

Nippon Life Insurance Company increased Northern Tr Corp (NASDAQ:NTRS) stake by 30,041 shares to 44,829 valued at $4.36 million in 2017Q2. It also upped Procter And Gamble Co (NYSE:PG) stake by 29,611 shares and now owns 406,504 shares. Illinois Tool Wks Inc (NYSE:ITW) was raised too.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 86 analyst reports since July 21, 2015 according to SRatingsIntel. Nomura maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Friday, October 13. Nomura has “Neutral” rating and $91 target. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Outperform” rating by Vining Sparks on Friday, April 28. Portales Partners downgraded JPMorgan Chase & Co. (NYSE:JPM) on Monday, February 22 to “Underperform” rating. The firm has “Neutral” rating by Goldman Sachs given on Monday, January 11. The rating was maintained by Keefe Bruyette & Woods on Friday, August 18 with “Hold”. The company was upgraded on Wednesday, April 26 by Guggenheim. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, September 26. The firm has “Outperform” rating by CLSA given on Tuesday, August 25. Jefferies maintained it with “Buy” rating and $10200 target in Friday, July 7 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Market Perform” rating by Bernstein on Tuesday, August 16.

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