JPMorgan Chase & Co. (NYSE:JPM) posted its earnings results on Friday. The financial services provider reported $1.76 EPS for the quarter, beating the Zacks’ consensus estimate of $1.69 by $0.07, Morningstar.com reports. JPMorgan Chase & Co. had a return on equity of 11.68% and a net margin of 24.08%. The company had revenue of $24.15 billion for the quarter, compared to the consensus estimate of $24.87 billion. During the same quarter in the previous year, the business earned $1.71 earnings per share. The company’s revenue for the quarter was up 3.3% on a year-over-year basis.

Shares of JPMorgan Chase & Co. (NYSE:JPM) opened at $110.84 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $384,580.00, a price-to-earnings ratio of 15.90, a P/E/G ratio of 2.04 and a beta of 1.22. JPMorgan Chase & Co. has a 1-year low of $81.64 and a 1-year high of $110.93.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, January 5th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Thursday, January 4th. This represents a $2.24 annualized dividend and a dividend yield of 2.02%. JPMorgan Chase & Co.’s dividend payout ratio is presently 32.14%.

In related news, General Counsel Stacey Friedman sold 2,099 shares of the business’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $101.96, for a total value of $214,014.04. Following the sale, the general counsel now owns 15,279 shares in the company, valued at approximately $1,557,846.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.88% of the stock is currently owned by insiders.

Several hedge funds have recently bought and sold shares of the stock. North Star Asset Management Inc. increased its holdings in JPMorgan Chase & Co. by 0.6% during the 1st quarter. North Star Asset Management Inc. now owns 19,275 shares of the financial services provider’s stock worth $1,693,000 after purchasing an additional 123 shares during the period. Bath Savings Trust Co purchased a new stake in JPMorgan Chase & Co. during the 2nd quarter worth about $264,000. McQueen Ball & Associates Inc. increased its holdings in JPMorgan Chase & Co. by 0.3% during the 2nd quarter. McQueen Ball & Associates Inc. now owns 38,198 shares of the financial services provider’s stock worth $3,491,000 after purchasing an additional 105 shares during the period. Indiana Trust & Investment Management CO increased its holdings in JPMorgan Chase & Co. by 0.7% during the 2nd quarter. Indiana Trust & Investment Management CO now owns 41,727 shares of the financial services provider’s stock worth $3,814,000 after purchasing an additional 276 shares during the period. Finally, Copper Rock Capital Partners LLC increased its holdings in JPMorgan Chase & Co. by 314.9% during the 2nd quarter. Copper Rock Capital Partners LLC now owns 5,282 shares of the financial services provider’s stock worth $456,000 after purchasing an additional 4,009 shares during the period. Hedge funds and other institutional investors own 73.76% of the company’s stock.

JPM has been the topic of a number of research analyst reports. Barclays lifted their target price on JPMorgan Chase & Co. from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Friday, October 13th. Credit Suisse Group restated a “buy” rating and issued a $110.00 target price (up previously from $103.00) on shares of JPMorgan Chase & Co. in a research report on Monday, October 9th. They noted that the move was a valuation call. Oppenheimer restated a “hold” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, October 12th. Morgan Stanley lifted their target price on JPMorgan Chase & Co. from $99.00 to $107.00 and gave the company an “overweight” rating in a research report on Friday, October 13th. Finally, Wells Fargo & Co set a $120.00 target price on JPMorgan Chase & Co. and gave the company a “buy” rating in a research report on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the stock. JPMorgan Chase & Co. currently has a consensus rating of “Hold” and an average price target of $99.41.

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About JPMorgan Chase & Co.

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.

Earnings History for JPMorgan Chase & Co. (NYSE:JPM)

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