JPMorgan Chase & Co. (JPM)
JPMorgan CEO Jamie Dimon signals retirement is closer than ever
The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts.
Jamie Dimon just hinted he may be retiring sooner than expected
JPMorgan CEO Jamie Dimon is talking about retirement. At an investor day Q&A, Dimon joked he was planning to step down within five years.
Addison Capital Co Buys 5,621 Shares of JPMorgan Chase & Co. (NYSE:JPM)
Addison Capital Co lifted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 25.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,694 shares of the financial services provider’s stock after acquiring an additional 5,621 shares during the quarter. JPMorgan Chase & Co. makes up 2.9% of Addison Capital Co’s holdings, making the stock its 12th biggest holding. Addison Capital Co’s holdings in JPMorgan Chase & Co. were worth $4,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors also recently made changes to their positions in JPM. Morgan Stanley lifted its position in shares of JPMorgan Chase & Co. by 0.3% during the 3rd quarter. Morgan Stanley now owns 62,941,343 shares of the financial services provider’s stock valued at $9,127,754,000 after acquiring an additional 201,441 shares during the period. FMR LLC grew its stake in JPMorgan Chase & Co. by 1.2% in the third quarter. FMR LLC now owns 49,417,639 shares of the financial services provider’s stock valued at $7,166,546,000 after acquiring an additional 606,382 shares during the period. Wellington Management Group LLP increased its holdings in shares of JPMorgan Chase & Co. by 12.2% during the third quarter. Wellington Management Group LLP now owns 42,421,711 shares of the financial services provider’s stock valued at $6,151,997,000 after acquiring an additional 4,603,090 shares in the last quarter. Northern Trust Corp raised its position in shares of JPMorgan Chase & Co. by 2.7% during the third quarter. Northern Trust Corp now owns 33,089,310 shares of the financial services provider’s stock worth $4,798,612,000 after purchasing an additional 871,091 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of JPMorgan Chase & Co. by 2.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 23,724,676 shares of the financial services provider’s stock worth $3,442,313,000 after purchasing an additional 457,184 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades Several research analysts have weighed in on JPM shares. Evercore ISI upped their price objective on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. Wells Fargo & Company raised their price objective on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, March 20th. UBS Group lowered their price target on JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating on the stock in a report on Tuesday, April 16th. Morgan Stanley cut their price objective on JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating for the company in a report on Monday, April 15th. Finally, Piper Sandler lowered their target price on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an “overweight” rating on the stock in a research note on Monday, April 15th. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $192.05. Check Out Our Latest Research Report on JPM Insiders Place Their Bets In other news, CEO James Dimon sold 821,778 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total value of $150,163,493.94. Following the completion of the transaction, the chief executive officer now owns 595,316 shares in the company, valued at approximately $108,782,092.68. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, General Counsel Stacey Friedman sold 6,030 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total value of $1,101,861.90. Following the sale, the general counsel now directly owns 59,456 shares of the company’s stock, valued at approximately $10,864,394.88. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO James Dimon sold 821,778 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total value of $150,163,493.94. Following the transaction, the chief executive officer now directly owns 595,316 shares of the company’s stock, valued at approximately $108,782,092.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,071,414 shares of company stock worth $196,746,504. 0.79% of the stock is currently owned by corporate insiders. JPMorgan Chase & Co. Stock Performance Shares of NYSE:JPM opened at $204.79 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.29. The company has a 50-day moving average price of $193.84 and a 200-day moving average price of $176.60. The company has a market cap of $588.09 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13. JPMorgan Chase & Co. has a 12 month low of $134.40 and a 12 month high of $205.05. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings data on Friday, April 12th. The financial services provider reported $4.63 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.45. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. The business had revenue of $41.93 billion during the quarter, compared to analysts’ expectations of $40.90 billion. As a group, equities analysts anticipate that JPMorgan Chase & Co. will post 16.22 EPS for the current year. JPMorgan Chase & Co. Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were given a dividend of $1.15 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date was Thursday, April 4th. JPMorgan Chase & Co.’s payout ratio is presently 27.78%. JPMorgan Chase & Co. Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. Read More Five stocks we like better than JPMorgan Chase & Co. What Are Growth Stocks and Investing in Them Canada Goose Flies Higher Driven By DTC Growth CD Calculator: Certificate of Deposit Calculator CVS Health Stock Has a Silver Lining Called Value What to Know About Investing in Penny Stocks Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
Wealth Advisory Solutions LLC Has $8.49 Million Stake in JPMorgan Chase & Co. (NYSE:JPM)
Wealth Advisory Solutions LLC lessened its holdings in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 50.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,929 shares of the financial services provider’s stock after selling 50,440 shares during the quarter. JPMorgan Chase & Co. accounts for approximately 3.0% of Wealth Advisory Solutions LLC’s holdings, making the stock its 11th biggest holding. Wealth Advisory Solutions LLC’s holdings in JPMorgan Chase & Co. were worth $8,493,000 at the end of the most recent quarter. A number of other hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC acquired a new position in JPMorgan Chase & Co. in the fourth quarter valued at about $1,017,893,000. Wellington Management Group LLP grew its position in JPMorgan Chase & Co. by 12.2% during the 3rd quarter. Wellington Management Group LLP now owns 42,421,711 shares of the financial services provider’s stock worth $6,151,997,000 after acquiring an additional 4,603,090 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in JPMorgan Chase & Co. during the 3rd quarter valued at $253,076,000. Cerity Partners LLC raised its position in JPMorgan Chase & Co. by 155.2% in the 4th quarter. Cerity Partners LLC now owns 2,246,582 shares of the financial services provider’s stock valued at $382,144,000 after purchasing an additional 1,366,360 shares during the last quarter. Finally, Comerica Bank boosted its stake in JPMorgan Chase & Co. by 3,025.7% in the third quarter. Comerica Bank now owns 1,267,455 shares of the financial services provider’s stock worth $183,806,000 after purchasing an additional 1,226,905 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock. Analysts Set New Price Targets A number of research analysts recently issued reports on JPM shares. Jefferies Financial Group lifted their price target on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a report on Monday, April 8th. The Goldman Sachs Group reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Thursday, February 1st. Royal Bank of Canada restated an “outperform” rating and set a $185.00 target price on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 20th. Piper Sandler cut their price target on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an “overweight” rating on the stock in a research report on Monday, April 15th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a “market perform” rating in a report on Friday, April 5th. Eight equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and an average price target of $192.05. Get Our Latest Research Report on JPM Insiders Place Their Bets In other news, insider Lori A. Beer sold 3,920 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $182.74, for a total transaction of $716,340.80. Following the completion of the sale, the insider now owns 44,996 shares in the company, valued at approximately $8,222,569.04. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO Marianne Lake sold 11,734 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $200.02, for a total transaction of $2,347,034.68. Following the transaction, the chief executive officer now owns 122,740 shares in the company, valued at $24,550,454.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lori A. Beer sold 3,920 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $182.74, for a total value of $716,340.80. Following the completion of the transaction, the insider now directly owns 44,996 shares in the company, valued at $8,222,569.04. The disclosure for this sale can be found here. Insiders sold a total of 1,071,414 shares of company stock valued at $196,746,504 over the last ninety days. 0.79% of the stock is currently owned by company insiders. JPMorgan Chase & Co. Stock Performance Shares of JPM opened at $204.79 on Monday. The company has a market cap of $588.09 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13. The firm has a 50-day moving average of $193.84 and a 200-day moving average of $176.60. JPMorgan Chase & Co. has a one year low of $134.40 and a one year high of $205.05. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.45. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. The firm had revenue of $41.93 billion for the quarter, compared to the consensus estimate of $40.90 billion. As a group, equities analysts forecast that JPMorgan Chase & Co. will post 16.22 earnings per share for the current year. JPMorgan Chase & Co. Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 2.25%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Thursday, April 4th. JPMorgan Chase & Co.’s payout ratio is 27.78%. JPMorgan Chase & Co. Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. See Also Five stocks we like better than JPMorgan Chase & Co. Retail Stocks Investing, Explained Canada Goose Flies Higher Driven By DTC Growth 3 Stocks to Consider Buying in October CVS Health Stock Has a Silver Lining Called Value Airline Stocks – Top Airline Stocks to Buy Now Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
Laffer Tengler Investments Inc. Raises Holdings in JPMorgan Chase & Co. (NYSE:JPM)
Laffer Tengler Investments Inc. lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,698 shares of the financial services provider’s stock after acquiring an additional 2,416 shares during the period. JPMorgan Chase & Co. makes up approximately 2.0% of Laffer Tengler Investments Inc.’s portfolio, making the stock its 10th biggest position. Laffer Tengler Investments Inc.’s holdings in JPMorgan Chase & Co. were worth $7,603,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently made changes to their positions in JPM. Stone House Investment Management LLC boosted its position in shares of JPMorgan Chase & Co. by 132.8% during the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 89 shares in the last quarter. Bare Financial Services Inc acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth approximately $35,000. Partnership Wealth Management LLC bought a new position in JPMorgan Chase & Co. in the fourth quarter worth approximately $36,000. Briaud Financial Planning Inc acquired a new stake in JPMorgan Chase & Co. in the third quarter valued at approximately $40,000. Finally, Stuart Chaussee & Associates Inc. bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $40,000. 71.55% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several analysts recently issued reports on JPM shares. The Goldman Sachs Group reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Royal Bank of Canada reiterated an “outperform” rating and issued a $185.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, March 20th. Wells Fargo & Company boosted their price target on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, March 20th. BMO Capital Markets dropped their target price on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a research report on Monday, April 15th. Finally, Evercore ISI upped their target price on JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.05. Read Our Latest Report on JPMorgan Chase & Co. JPMorgan Chase & Co. Stock Performance NYSE JPM opened at $204.79 on Monday. The company’s 50 day simple moving average is $193.84 and its two-hundred day simple moving average is $176.60. The stock has a market capitalization of $588.09 billion, a PE ratio of 12.37, a P/E/G ratio of 2.52 and a beta of 1.13. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. JPMorgan Chase & Co. has a 1 year low of $134.40 and a 1 year high of $205.05. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, topping the consensus estimate of $4.18 by $0.45. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. The business had revenue of $41.93 billion during the quarter, compared to analysts’ expectations of $40.90 billion. Analysts predict that JPMorgan Chase & Co. will post 16.22 earnings per share for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were paid a dividend of $1.15 per share. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $4.60 annualized dividend and a yield of 2.25%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s payout ratio is 27.78%. Insider Transactions at JPMorgan Chase & Co. In related news, insider Lori A. Beer sold 3,920 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total value of $716,340.80. Following the completion of the sale, the insider now owns 44,996 shares in the company, valued at approximately $8,222,569.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, General Counsel Stacey Friedman sold 6,030 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total transaction of $1,101,861.90. Following the sale, the general counsel now owns 59,456 shares of the company’s stock, valued at approximately $10,864,394.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lori A. Beer sold 3,920 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total transaction of $716,340.80. Following the completion of the sale, the insider now owns 44,996 shares of the company’s stock, valued at $8,222,569.04. The disclosure for this sale can be found here. In the last three months, insiders sold 1,071,414 shares of company stock worth $196,746,504. 0.79% of the stock is currently owned by corporate insiders. JPMorgan Chase & Co. Company Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
OMNI 360 Wealth Inc. Purchases Shares of 1,555 JPMorgan Chase & Co. (NYSE:JPM)
OMNI 360 Wealth Inc. acquired a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,555 shares of the financial services provider’s stock, valued at approximately $265,000. Several other institutional investors and hedge funds also recently made changes to their positions in JPM. Etfidea LLC raised its position in JPMorgan Chase & Co. by 5.4% in the 4th quarter. Etfidea LLC now owns 1,937 shares of the financial services provider’s stock valued at $329,000 after purchasing an additional 100 shares during the last quarter. TKG Advisors LLC increased its stake in shares of JPMorgan Chase & Co. by 97.6% in the third quarter. TKG Advisors LLC now owns 13,205 shares of the financial services provider’s stock valued at $1,915,000 after buying an additional 6,521 shares in the last quarter. Sutton Place Investors LLC raised its holdings in shares of JPMorgan Chase & Co. by 179.5% in the fourth quarter. Sutton Place Investors LLC now owns 13,099 shares of the financial services provider’s stock valued at $2,228,000 after buying an additional 8,412 shares during the last quarter. Allen Investment Management LLC lifted its position in JPMorgan Chase & Co. by 15.8% during the 3rd quarter. Allen Investment Management LLC now owns 174,738 shares of the financial services provider’s stock worth $25,341,000 after buying an additional 23,894 shares in the last quarter. Finally, Breakwater Capital Group increased its position in JPMorgan Chase & Co. by 12.3% in the 3rd quarter. Breakwater Capital Group now owns 8,558 shares of the financial services provider’s stock valued at $1,189,000 after acquiring an additional 934 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock. Analysts Set New Price Targets Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods raised their price target on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the stock a “market perform” rating in a research report on Friday, April 5th. BMO Capital Markets cut their target price on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a report on Monday, April 15th. Evercore ISI boosted their price target on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Morgan Stanley dropped their price objective on JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating on the stock in a research note on Monday, April 15th. Finally, Oppenheimer decreased their target price on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating for the company in a research note on Monday, April 15th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $192.05. View Our Latest Report on JPMorgan Chase & Co. Insider Buying and Selling at JPMorgan Chase & Co. In other news, General Counsel Stacey Friedman sold 6,030 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total value of $1,101,861.90. Following the transaction, the general counsel now owns 59,456 shares in the company, valued at approximately $10,864,394.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Marianne Lake sold 11,734 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $200.02, for a total value of $2,347,034.68. Following the transaction, the chief executive officer now owns 122,740 shares of the company’s stock, valued at approximately $24,550,454.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Stacey Friedman sold 6,030 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total value of $1,101,861.90. Following the transaction, the general counsel now owns 59,456 shares of the company’s stock, valued at approximately $10,864,394.88. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,071,414 shares of company stock worth $196,746,504. Insiders own 0.79% of the company’s stock. JPMorgan Chase & Co. Stock Up 1.1 % NYSE JPM opened at $204.79 on Monday. The business has a fifty day moving average price of $193.84 and a two-hundred day moving average price of $176.60. The stock has a market capitalization of $588.09 billion, a PE ratio of 12.37, a PEG ratio of 2.52 and a beta of 1.13. JPMorgan Chase & Co. has a fifty-two week low of $134.40 and a fifty-two week high of $205.05. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.45. The firm had revenue of $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. Equities analysts expect that JPMorgan Chase & Co. will post 16.22 earnings per share for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were issued a dividend of $1.15 per share. The ex-dividend date of this dividend was Thursday, April 4th. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a yield of 2.25%. JPMorgan Chase & Co.’s payout ratio is presently 27.78%. JPMorgan Chase & Co. Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. See Also Five stocks we like better than JPMorgan Chase & Co. Stock Average Calculator Canada Goose Flies Higher Driven By DTC Growth Investing in large cap stocks: Diving into big caps CVS Health Stock Has a Silver Lining Called Value What Are the U.K. Market Holidays? How to Invest and Trade Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).
Fairhaven Wealth Management LLC Decreases Position in JPMorgan Chase & Co. (NYSE:JPM)
Fairhaven Wealth Management LLC cut its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,010 shares of the financial services provider’s stock after selling 383 shares during the quarter. JPMorgan Chase & Co. accounts for about 1.9% of Fairhaven Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Fairhaven Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $5,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Stone House Investment Management LLC lifted its stake in shares of JPMorgan Chase & Co. by 132.8% in the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 89 shares during the period. Bare Financial Services Inc bought a new position in JPMorgan Chase & Co. in the fourth quarter worth $35,000. Partnership Wealth Management LLC purchased a new position in JPMorgan Chase & Co. during the fourth quarter valued at $36,000. Stuart Chaussee & Associates Inc. bought a new stake in shares of JPMorgan Chase & Co. during the 4th quarter valued at $40,000. Finally, Rakuten Securities Inc. purchased a new stake in shares of JPMorgan Chase & Co. in the 4th quarter worth about $44,000. Institutional investors own 71.55% of the company’s stock. Analysts Set New Price Targets Several analysts recently weighed in on JPM shares. Royal Bank of Canada restated an “outperform” rating and issued a $185.00 price target on shares of JPMorgan Chase & Co. in a research note on Wednesday, March 20th. Oppenheimer lowered their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a report on Monday, April 15th. The Goldman Sachs Group reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, February 1st. Piper Sandler lowered their target price on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an “overweight” rating on the stock in a research note on Monday, April 15th. Finally, Wells Fargo & Company raised their price target on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.05. Read Our Latest Research Report on JPM JPMorgan Chase & Co. Stock Performance Shares of NYSE JPM opened at $204.79 on Monday. The firm has a fifty day moving average price of $193.84 and a 200-day moving average price of $176.60. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market cap of $588.09 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13. JPMorgan Chase & Co. has a 1 year low of $134.40 and a 1 year high of $205.05. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.45. The company had revenue of $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. Equities analysts anticipate that JPMorgan Chase & Co. will post 16.22 earnings per share for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were paid a $1.15 dividend. The ex-dividend date was Thursday, April 4th. This represents a $4.60 annualized dividend and a yield of 2.25%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s payout ratio is presently 27.78%. Insider Buying and Selling at JPMorgan Chase & Co. In related news, insider Lori A. Beer sold 3,920 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total value of $716,340.80. Following the sale, the insider now directly owns 44,996 shares in the company, valued at $8,222,569.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other JPMorgan Chase & Co. news, insider Lori A. Beer sold 3,920 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total value of $716,340.80. Following the sale, the insider now owns 44,996 shares of the company’s stock, valued at approximately $8,222,569.04. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO James Dimon sold 821,778 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total transaction of $150,163,493.94. Following the completion of the sale, the chief executive officer now directly owns 595,316 shares of the company’s stock, valued at approximately $108,782,092.68. The disclosure for this sale can be found here. Insiders sold 1,071,414 shares of company stock valued at $196,746,504 in the last 90 days. Insiders own 0.79% of the company’s stock. About JPMorgan Chase & Co. (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
Oxbow Advisors LLC Buys New Shares in JPMorgan Chase & Co. (NYSE:JPM)
Oxbow Advisors LLC purchased a new stake in shares of JPMorgan Chase & Co. (NYSE:JPM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,300 shares of the financial services provider’s stock, valued at approximately $221,000. Other hedge funds also recently modified their holdings of the company. Sound View Wealth Advisors Group LLC grew its position in JPMorgan Chase & Co. by 0.6% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 62,951 shares of the financial services provider’s stock valued at $10,708,000 after acquiring an additional 356 shares during the period. OMNI 360 Wealth Inc. bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $265,000. Laffer Tengler Investments Inc. increased its stake in shares of JPMorgan Chase & Co. by 5.7% in the fourth quarter. Laffer Tengler Investments Inc. now owns 44,698 shares of the financial services provider’s stock valued at $7,603,000 after buying an additional 2,416 shares in the last quarter. Addison Capital Co raised its holdings in shares of JPMorgan Chase & Co. by 25.5% in the fourth quarter. Addison Capital Co now owns 27,694 shares of the financial services provider’s stock valued at $4,711,000 after buying an additional 5,621 shares during the last quarter. Finally, Beacon Pointe Advisors LLC grew its holdings in JPMorgan Chase & Co. by 3.4% during the 4th quarter. Beacon Pointe Advisors LLC now owns 451,190 shares of the financial services provider’s stock worth $76,748,000 after acquiring an additional 14,992 shares during the last quarter. Institutional investors own 71.55% of the company’s stock. Insider Activity at JPMorgan Chase & Co. In other JPMorgan Chase & Co. news, CEO James Dimon sold 821,778 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total transaction of $150,163,493.94. Following the completion of the transaction, the chief executive officer now owns 595,316 shares of the company’s stock, valued at $108,782,092.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Mary E. Erdoes sold 15,895 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $193.66, for a total value of $3,078,225.70. Following the transaction, the chief executive officer now directly owns 585,898 shares of the company’s stock, valued at approximately $113,465,006.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James Dimon sold 821,778 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total transaction of $150,163,493.94. Following the sale, the chief executive officer now directly owns 595,316 shares of the company’s stock, valued at approximately $108,782,092.68. The disclosure for this sale can be found here. Insiders have sold 1,071,414 shares of company stock valued at $196,746,504 over the last ninety days. 0.79% of the stock is owned by corporate insiders. JPMorgan Chase & Co. Trading Up 1.1 % Shares of NYSE:JPM opened at $204.79 on Monday. The company has a 50-day simple moving average of $193.84 and a 200 day simple moving average of $176.60. The company has a market capitalization of $588.09 billion, a P/E ratio of 12.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.92 and a current ratio of 0.92. JPMorgan Chase & Co. has a 52-week low of $134.40 and a 52-week high of $205.05. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, topping the consensus estimate of $4.18 by $0.45. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. The business had revenue of $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. Sell-side analysts forecast that JPMorgan Chase & Co. will post 16.22 earnings per share for the current year. JPMorgan Chase & Co. Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Friday, April 5th were given a dividend of $1.15 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a dividend yield of 2.25%. The ex-dividend date was Thursday, April 4th. JPMorgan Chase & Co.’s dividend payout ratio is currently 27.78%. Analyst Upgrades and Downgrades A number of brokerages have recently issued reports on JPM. Oppenheimer reduced their target price on shares of JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. Jefferies Financial Group upped their price objective on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a “buy” rating in a report on Monday, April 8th. Morgan Stanley dropped their target price on JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating for the company in a research report on Monday, April 15th. Keefe, Bruyette & Woods raised their price target on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a “market perform” rating in a report on Friday, April 5th. Finally, BMO Capital Markets dropped their price objective on JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating for the company in a report on Monday, April 15th. Eight equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.05. View Our Latest Stock Analysis on JPMorgan Chase & Co. About JPMorgan Chase & Co. (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
Bedel Financial Consulting Inc. Has $5.25 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)
Bedel Financial Consulting Inc. cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,882 shares of the financial services provider’s stock after selling 1,206 shares during the period. JPMorgan Chase & Co. makes up approximately 1.0% of Bedel Financial Consulting Inc.’s holdings, making the stock its 15th biggest position. Bedel Financial Consulting Inc.’s holdings in JPMorgan Chase & Co. were worth $5,253,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently bought and sold shares of the company. Stone House Investment Management LLC raised its stake in shares of JPMorgan Chase & Co. by 132.8% in the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock valued at $27,000 after buying an additional 89 shares in the last quarter. Bare Financial Services Inc bought a new position in JPMorgan Chase & Co. during the fourth quarter worth about $35,000. Partnership Wealth Management LLC acquired a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $36,000. Briaud Financial Planning Inc acquired a new position in shares of JPMorgan Chase & Co. in the 3rd quarter worth approximately $40,000. Finally, Stuart Chaussee & Associates Inc. bought a new position in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $40,000. 71.55% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades JPM has been the subject of several recent analyst reports. Keefe, Bruyette & Woods increased their price objective on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the stock a “market perform” rating in a research note on Friday, April 5th. Evercore ISI upped their price objective on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a research note on Thursday, April 4th. Morgan Stanley cut their target price on shares of JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating for the company in a research note on Monday, April 15th. Oppenheimer decreased their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.05. View Our Latest Research Report on JPMorgan Chase & Co. JPMorgan Chase & Co. Stock Up 1.1 % Shares of JPM stock opened at $204.79 on Monday. The firm’s fifty day moving average price is $193.84 and its two-hundred day moving average price is $176.60. JPMorgan Chase & Co. has a 1 year low of $134.40 and a 1 year high of $205.05. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $588.09 billion, a P/E ratio of 12.37, a PEG ratio of 2.52 and a beta of 1.13. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.45. The firm had revenue of $41.93 billion during the quarter, compared to analysts’ expectations of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. On average, equities analysts predict that JPMorgan Chase & Co. will post 16.22 EPS for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th were issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Thursday, April 4th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s payout ratio is currently 27.78%. Insider Transactions at JPMorgan Chase & Co. In related news, insider Robin Leopold sold 3,000 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $198.86, for a total transaction of $596,580.00. Following the completion of the sale, the insider now directly owns 44,113 shares of the company’s stock, valued at approximately $8,772,311.18. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, insider Robin Leopold sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $198.86, for a total transaction of $596,580.00. Following the transaction, the insider now directly owns 44,113 shares of the company’s stock, valued at $8,772,311.18. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Stacey Friedman sold 6,030 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total transaction of $1,101,861.90. Following the completion of the sale, the general counsel now directly owns 59,456 shares of the company’s stock, valued at approximately $10,864,394.88. The disclosure for this sale can be found here. Insiders sold a total of 1,071,414 shares of company stock worth $196,746,504 over the last quarter. Company insiders own 0.79% of the company’s stock. JPMorgan Chase & Co. Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
JPMorgan Chase & Co. (NYSE:JPM) Stake Boosted by Sound View Wealth Advisors Group LLC
Sound View Wealth Advisors Group LLC increased its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,951 shares of the financial services provider’s stock after purchasing an additional 356 shares during the period. JPMorgan Chase & Co. accounts for 1.2% of Sound View Wealth Advisors Group LLC’s portfolio, making the stock its 20th largest position. Sound View Wealth Advisors Group LLC’s holdings in JPMorgan Chase & Co. were worth $10,708,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JPM. Bull Street Advisors LLC boosted its position in JPMorgan Chase & Co. by 2.8% during the 3rd quarter. Bull Street Advisors LLC now owns 17,515 shares of the financial services provider’s stock worth $2,540,000 after acquiring an additional 481 shares during the period. Nvwm LLC increased its stake in JPMorgan Chase & Co. by 1.9% in the 3rd quarter. Nvwm LLC now owns 22,822 shares of the financial services provider’s stock worth $3,310,000 after purchasing an additional 434 shares in the last quarter. Peoples Bank KS acquired a new stake in JPMorgan Chase & Co. during the 3rd quarter worth about $1,913,000. Bell Bank boosted its holdings in shares of JPMorgan Chase & Co. by 6.6% in the third quarter. Bell Bank now owns 15,590 shares of the financial services provider’s stock worth $2,261,000 after buying an additional 968 shares during the period. Finally, Capital Planning Advisors LLC increased its position in shares of JPMorgan Chase & Co. by 4.6% in the third quarter. Capital Planning Advisors LLC now owns 7,045 shares of the financial services provider’s stock worth $1,022,000 after acquiring an additional 311 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock. JPMorgan Chase & Co. Trading Up 1.1 % JPMorgan Chase & Co. stock opened at $204.79 on Monday. The company has a market cap of $588.09 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 2.52 and a beta of 1.13. JPMorgan Chase & Co. has a one year low of $134.40 and a one year high of $205.05. The firm has a 50-day moving average of $193.84 and a 200-day moving average of $176.60. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.45. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. The business had revenue of $41.93 billion for the quarter, compared to the consensus estimate of $40.90 billion. On average, equities analysts expect that JPMorgan Chase & Co. will post 16.22 earnings per share for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were issued a $1.15 dividend. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a dividend yield of 2.25%. The ex-dividend date was Thursday, April 4th. JPMorgan Chase & Co.’s payout ratio is currently 27.78%. Analyst Upgrades and Downgrades Several research firms have weighed in on JPM. Wells Fargo & Company lifted their price objective on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 20th. BMO Capital Markets reduced their price target on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating for the company in a research report on Monday, April 15th. Evercore ISI boosted their price objective on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a research report on Thursday, April 4th. The Goldman Sachs Group reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Thursday, February 1st. Finally, Keefe, Bruyette & Woods lifted their price objective on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a “market perform” rating in a research report on Friday, April 5th. Eight equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average price target of $192.05. Check Out Our Latest Analysis on JPM Insider Activity at JPMorgan Chase & Co. In other JPMorgan Chase & Co. news, insider Lori A. Beer sold 3,920 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total transaction of $716,340.80. Following the transaction, the insider now owns 44,996 shares in the company, valued at approximately $8,222,569.04. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, insider Lori A. Beer sold 3,920 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $182.74, for a total transaction of $716,340.80. Following the completion of the sale, the insider now owns 44,996 shares of the company’s stock, valued at $8,222,569.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Marianne Lake sold 11,734 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $200.02, for a total transaction of $2,347,034.68. Following the completion of the transaction, the chief executive officer now owns 122,740 shares of the company’s stock, valued at $24,550,454.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,071,414 shares of company stock worth $196,746,504. Insiders own 0.79% of the company’s stock. JPMorgan Chase & Co. Company Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by WealthTrust Asset Management LLC
WealthTrust Asset Management LLC boosted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 293.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,950 shares of the financial services provider’s stock after purchasing an additional 4,436 shares during the quarter. WealthTrust Asset Management LLC’s holdings in JPMorgan Chase & Co. were worth $1,012,000 at the end of the most recent quarter. Other institutional investors and hedge funds also recently modified their holdings of the company. Etfidea LLC grew its position in JPMorgan Chase & Co. by 5.4% in the 4th quarter. Etfidea LLC now owns 1,937 shares of the financial services provider’s stock valued at $329,000 after buying an additional 100 shares in the last quarter. TKG Advisors LLC raised its position in shares of JPMorgan Chase & Co. by 97.6% during the 3rd quarter. TKG Advisors LLC now owns 13,205 shares of the financial services provider’s stock worth $1,915,000 after buying an additional 6,521 shares in the last quarter. Sutton Place Investors LLC lifted its stake in shares of JPMorgan Chase & Co. by 179.5% in the 4th quarter. Sutton Place Investors LLC now owns 13,099 shares of the financial services provider’s stock worth $2,228,000 after acquiring an additional 8,412 shares during the period. Allen Investment Management LLC boosted its holdings in shares of JPMorgan Chase & Co. by 15.8% in the third quarter. Allen Investment Management LLC now owns 174,738 shares of the financial services provider’s stock valued at $25,341,000 after acquiring an additional 23,894 shares in the last quarter. Finally, Breakwater Capital Group boosted its holdings in shares of JPMorgan Chase & Co. by 12.3% in the third quarter. Breakwater Capital Group now owns 8,558 shares of the financial services provider’s stock valued at $1,189,000 after acquiring an additional 934 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds. Insiders Place Their Bets In other news, insider Robin Leopold sold 3,000 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $198.86, for a total value of $596,580.00. Following the completion of the transaction, the insider now owns 44,113 shares in the company, valued at $8,772,311.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Robin Leopold sold 3,000 shares of JPMorgan Chase & Co. stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $198.86, for a total value of $596,580.00. Following the completion of the transaction, the insider now directly owns 44,113 shares of the company’s stock, valued at $8,772,311.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James Dimon sold 821,778 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total value of $150,163,493.94. Following the transaction, the chief executive officer now directly owns 595,316 shares in the company, valued at approximately $108,782,092.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,071,414 shares of company stock valued at $196,746,504. 0.79% of the stock is currently owned by insiders. Analyst Ratings Changes Several brokerages recently commented on JPM. UBS Group dropped their target price on JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating on the stock in a report on Tuesday, April 16th. Oppenheimer dropped their price objective on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research note on Monday, April 15th. Jefferies Financial Group raised their target price on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $185.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 20th. Finally, Evercore ISI upped their price target on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Eight investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $192.05. Get Our Latest Stock Report on JPMorgan Chase & Co. JPMorgan Chase & Co. Stock Performance Shares of NYSE JPM opened at $204.79 on Monday. JPMorgan Chase & Co. has a 12 month low of $134.40 and a 12 month high of $205.05. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.29. The company has a market cap of $588.09 billion, a P/E ratio of 12.37, a P/E/G ratio of 2.52 and a beta of 1.13. The business’s 50 day moving average is $193.84 and its two-hundred day moving average is $176.60. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.45. The business had revenue of $41.93 billion for the quarter, compared to analyst estimates of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. On average, equities analysts expect that JPMorgan Chase & Co. will post 16.22 EPS for the current year. JPMorgan Chase & Co. Increases Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were given a $1.15 dividend. The ex-dividend date was Thursday, April 4th. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 dividend on an annualized basis and a yield of 2.25%. JPMorgan Chase & Co.’s payout ratio is 27.78%. About JPMorgan Chase & Co. (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.
Princeton Capital Management LLC Raises Stock Position in JPMorgan Chase & Co. (NYSE:JPM)
Princeton Capital Management LLC grew its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,364 shares of the financial services provider’s stock after purchasing an additional 261 shares during the quarter. JPMorgan Chase & Co. accounts for 0.8% of Princeton Capital Management LLC’s investment portfolio, making the stock its 28th biggest position. Princeton Capital Management LLC’s holdings in JPMorgan Chase & Co. were worth $1,933,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other institutional investors and hedge funds have also recently bought and sold shares of JPM. Stone House Investment Management LLC grew its holdings in JPMorgan Chase & Co. by 132.8% during the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 89 shares in the last quarter. Bare Financial Services Inc acquired a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $35,000. Partnership Wealth Management LLC acquired a new stake in JPMorgan Chase & Co. during the fourth quarter worth about $36,000. Briaud Financial Planning Inc acquired a new position in JPMorgan Chase & Co. in the third quarter valued at approximately $40,000. Finally, Stuart Chaussee & Associates Inc. bought a new position in JPMorgan Chase & Co. during the 4th quarter worth $40,000. Hedge funds and other institutional investors own 71.55% of the company’s stock. Analyst Ratings Changes Several brokerages have recently issued reports on JPM. Oppenheimer lowered their price target on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. Morgan Stanley dropped their price target on shares of JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating on the stock in a research report on Monday, April 15th. BMO Capital Markets lowered their price objective on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a research note on Monday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $185.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, March 20th. Finally, Evercore ISI raised their target price on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. Eight investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.05. View Our Latest Analysis on JPM Insider Activity at JPMorgan Chase & Co. In other JPMorgan Chase & Co. news, CEO James Dimon sold 821,778 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total transaction of $150,163,493.94. Following the completion of the sale, the chief executive officer now owns 595,316 shares in the company, valued at approximately $108,782,092.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Mary E. Erdoes sold 15,895 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $193.66, for a total value of $3,078,225.70. Following the sale, the chief executive officer now directly owns 585,898 shares of the company’s stock, valued at approximately $113,465,006.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO James Dimon sold 821,778 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total value of $150,163,493.94. Following the transaction, the chief executive officer now owns 595,316 shares of the company’s stock, valued at $108,782,092.68. The disclosure for this sale can be found here. Insiders have sold 1,071,414 shares of company stock worth $196,746,504 over the last ninety days. Company insiders own 0.79% of the company’s stock. JPMorgan Chase & Co. Stock Up 1.1 % JPM opened at $204.79 on Monday. The firm has a market cap of $588.09 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 2.52 and a beta of 1.13. The firm’s 50-day simple moving average is $193.84 and its 200-day simple moving average is $176.60. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.92 and a current ratio of 0.92. JPMorgan Chase & Co. has a twelve month low of $134.40 and a twelve month high of $205.05. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its quarterly earnings data on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, topping analysts’ consensus estimates of $4.18 by $0.45. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. The firm had revenue of $41.93 billion for the quarter, compared to analyst estimates of $40.90 billion. Equities research analysts anticipate that JPMorgan Chase & Co. will post 16.22 EPS for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th were paid a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Thursday, April 4th. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.78%. JPMorgan Chase & Co. Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. Read More Five stocks we like better than JPMorgan Chase & Co. Why Are Stock Sectors Important to Successful Investing? Canada Goose Flies Higher Driven By DTC Growth 5 discounted opportunities for dividend growth investors CVS Health Stock Has a Silver Lining Called Value How to Start Investing in Real Estate Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).
