UBS Group restated their buy rating on shares of JPMorgan Chase & Co. (NYSE:JPM) in a research report report published on Tuesday, 99wallstreet.com reports. The brokerage currently has a $125.00 target price on the financial services provider’s stock, up from their prior target price of $119.00.

Several other research firms have also recently commented on JPM. Argus boosted their price target on shares of JPMorgan Chase & Co. from $109.00 to $125.00 and gave the stock a buy rating in a report on Friday, January 12th. Vining Sparks reiterated a buy rating and set a $120.00 price target on shares of JPMorgan Chase & Co. in a report on Friday, January 12th. Bank of America set a $119.00 price target on shares of JPMorgan Chase & Co. and gave the stock a buy rating in a report on Monday, January 15th. Deutsche Bank set a $96.00 price target on shares of JPMorgan Chase & Co. and gave the stock a neutral rating in a report on Tuesday. Finally, Credit Suisse Group reiterated an outperform rating and set a $125.00 price target (up previously from $120.00) on shares of JPMorgan Chase & Co. in a report on Tuesday. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have given a buy rating to the stock. JPMorgan Chase & Co. presently has an average rating of Hold and a consensus target price of $105.81.

Shares of JPMorgan Chase & Co. (JPM) traded down $0.25 on Tuesday, reaching $113.01. 18,716,039 shares of the company traded hands, compared to its average volume of 14,000,000. JPMorgan Chase & Co. has a 1 year low of $81.64 and a 1 year high of $114.34. The stock has a market cap of $392,110.00, a P/E ratio of 17.71, a P/E/G ratio of 1.94 and a beta of 1.22. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.03 and a current ratio of 1.01.

JPMorgan Chase & Co. (NYSE:JPM) last announced its 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 for the quarter, compared to the consensus estimate of $24.87 billion. During the same period in the prior year, the firm earned $1.71 EPS. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. research analysts predict that JPMorgan Chase & Co. will post 8.78 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Thursday, January 4th. JPMorgan Chase & Co.’s payout ratio is 35.11%.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the company’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $101.96, for a total value of $214,014.04. Following the completion of the transaction, the general counsel now owns 15,279 shares in the company, valued at approximately $1,557,846.84. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Ashley Bacon sold 16,434 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $112.22, for a total transaction of $1,844,223.48. Following the completion of the transaction, the insider now owns 98,811 shares of the company’s stock, valued at approximately $11,088,570.42. The disclosure for this sale can be found here. In the last 90 days, insiders sold 154,146 shares of company stock valued at $17,312,129. Company insiders own 0.88% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Private Vista LLC acquired a new stake in JPMorgan Chase & Co. during the 2nd quarter worth $102,000. Kohmann Bosshard Financial Services LLC acquired a new stake in JPMorgan Chase & Co. during the 3rd quarter worth $102,000. Welch Investments LLC acquired a new stake in JPMorgan Chase & Co. during the 3rd quarter worth $103,000. Legacy Advisors LLC acquired a new stake in JPMorgan Chase & Co. during the 3rd quarter worth $106,000. Finally, Atlantic Trust LLC acquired a new stake in JPMorgan Chase & Co. during the 2nd quarter worth $136,000. Institutional investors and hedge funds own 73.78% of the company’s stock.

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JPMorgan Chase & Co. Company 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.

Analyst Recommendations for JPMorgan Chase & Co. (NYSE:JPM)

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