Halsey Associates Inc. CT trimmed its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 5.9% during the 3rd quarter, Holdings Channel reports. The firm owned 39,756 shares of the financial services provider’s stock after selling 2,475 shares during the period. Halsey Associates Inc. CT’s holdings in JPMorgan Chase & Co. were worth $3,797,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in JPMorgan Chase & Co. in the third quarter valued at $102,000. Welch Investments LLC purchased a new stake in JPMorgan Chase & Co. in the third quarter valued at $103,000. Legacy Advisors LLC purchased a new stake in JPMorgan Chase & Co. in the third quarter valued at $106,000. Atlantic Trust LLC purchased a new stake in JPMorgan Chase & Co. in the second quarter valued at $136,000. Finally, Lipe & Dalton purchased a new stake in JPMorgan Chase & Co. in the third quarter valued at $143,000. 73.82% of the stock is currently owned by institutional investors.

In related news, insider Peter Scher sold 26,532 shares of the company’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $113.42, for a total transaction of $3,009,259.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James S. Crown purchased 7,280 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Thursday, January 18th. The shares were bought at an average price of $113.37 per share, with a total value of $825,333.60. Following the transaction, the director now owns 305,875 shares in the company, valued at $34,677,048.75. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 152,047 shares of company stock valued at $17,098,115. Insiders own 0.88% of the company’s stock.

JPMorgan Chase & Co. (JPM) opened at $107.88 on Friday. JPMorgan Chase & Co. has a 1 year low of $81.64 and a 1 year high of $117.35. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.03 and a current ratio of 1.01. The firm has a market cap of $391,627.97, a PE ratio of 17.12, a P/E/G ratio of 1.91 and a beta of 1.23.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Friday, January 12th. The financial services provider reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.07. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. The firm had revenue of $24.15 billion during the quarter, compared to the consensus estimate of $24.87 billion. During the same quarter in the prior year, the firm earned $1.71 EPS. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. analysts forecast that JPMorgan Chase & Co. will post 8.85 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, January 5th were given a dividend of $0.56 per share. The ex-dividend date was Thursday, January 4th. This represents a $2.24 annualized dividend and a dividend yield of 2.08%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 35.56%.

A number of research analysts have weighed in on JPM shares. Bank of America set a $102.00 price objective on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Friday, October 13th. Buckingham Research upgraded shares of JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a research report on Thursday, December 21st. Wells Fargo & Co set a $120.00 price objective on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Royal Bank of Canada reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Friday, December 8th. Finally, Jefferies Group set a $111.00 price objective on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Friday, October 13th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $107.25.

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JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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