Bank of Hawaii grew its holdings in J P Morgan Chase & Co (NYSE:JPM) by 5.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,095 shares of the financial services provider’s stock after acquiring an additional 3,644 shares during the period. Bank of Hawaii’s holdings in J P Morgan Chase & Co were worth $7,047,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in JPM. Private Vista LLC bought a new stake in shares of J P Morgan Chase & Co in the second quarter worth about $102,000. Pacific Center for Financial Services increased its holdings in shares of J P Morgan Chase & Co by 14.5% in the first quarter. Pacific Center for Financial Services now owns 1,401 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 177 shares during the last quarter. Ullmann Financial Group Inc. bought a new stake in shares of J P Morgan Chase & Co in the first quarter worth about $148,000. Northwest Investment Counselors LLC bought a new stake in shares of J P Morgan Chase & Co in the second quarter worth about $165,000. Finally, Capital Advisors Ltd. LLC increased its holdings in shares of J P Morgan Chase & Co by 53.0% in the second quarter. Capital Advisors Ltd. LLC now owns 1,935 shares of the financial services provider’s stock worth $177,000 after purchasing an additional 670 shares during the last quarter. Institutional investors and hedge funds own 73.93% of the company’s stock.

Several brokerages have recently issued reports on JPM. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of J P Morgan Chase & Co in a report on Wednesday, October 11th. Deutsche Bank cut J P Morgan Chase & Co from a “buy” rating to a “hold” rating and lifted their target price for the stock from $90.00 to $96.00 in a report on Tuesday, September 26th. Robert W. Baird reaffirmed a “hold” rating and issued a $88.00 target price on shares of J P Morgan Chase & Co in a report on Thursday, September 21st. Zacks Investment Research cut J P Morgan Chase & Co from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th. Finally, Vetr raised J P Morgan Chase & Co from a “hold” rating to a “buy” rating and set a $93.14 target price on the stock in a report on Wednesday, September 6th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and sixteen have issued a buy rating to the company. J P Morgan Chase & Co presently has an average rating of “Hold” and an average target price of $92.18.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the company’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $101.96, for a total transaction of $214,014.04. Following the transaction, the general counsel now owns 15,279 shares of the company’s stock, valued at $1,557,846.84. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.88% of the company’s stock.

J P Morgan Chase & Co (JPM) opened at $105.93 on Friday. The company has a market capitalization of $363,002.72, a P/E ratio of 15.07, a PEG ratio of 2.27 and a beta of 1.22. J P Morgan Chase & Co has a 52 week low of $81.64 and a 52 week high of $108.40. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.03 and a current ratio of 1.03.

J P Morgan Chase & Co (NYSE:JPM) last released its earnings results on Thursday, October 12th. The financial services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.09. The firm had revenue of $25.33 billion for the quarter, compared to analysts’ expectations of $24.91 billion. J P Morgan Chase & Co had a return on equity of 11.68% and a net margin of 24.08%. The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.58 earnings per share. sell-side analysts forecast that J P Morgan Chase & Co will post 6.91 EPS for the current year.

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J P Morgan 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 J P Morgan Chase & Co (NYSE:JPM)

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