ST Germain D J Co. Inc. decreased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 248,938 shares of the financial services provider’s stock after selling 2,202 shares during the period. JPMorgan Chase & Co. accounts for 3.0% of ST Germain D J Co. Inc.’s investment portfolio, making the stock its 6th largest holding. ST Germain D J Co. Inc.’s holdings in JPMorgan Chase & Co. were worth $23,776,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Private Vista LLC purchased a new stake in JPMorgan Chase & Co. in the 2nd quarter valued at $102,000. Kohmann Bosshard Financial Services LLC purchased a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at $102,000. Atlantic Trust LLC purchased a new stake in JPMorgan Chase & Co. in the 2nd quarter valued at $136,000. Northwest Investment Counselors LLC purchased a new stake in JPMorgan Chase & Co. in the 2nd quarter valued at $165,000. Finally, Capital Advisors Ltd. LLC raised its position in JPMorgan Chase & Co. by 53.0% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,935 shares of the financial services provider’s stock valued at $177,000 after purchasing an additional 670 shares during the last quarter. Institutional investors and hedge funds own 73.78% of the company’s stock.

JPMorgan Chase & Co. (NYSE:JPM) opened at $112.67 on Monday. The company has a market cap of $390,930.00, a price-to-earnings ratio of 17.66, a price-to-earnings-growth ratio of 2.05 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. has a 12-month low of $81.64 and a 12-month high of $112.85.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, topping the Zacks’ consensus estimate of $1.69 by $0.07. The company had revenue of $24.15 billion during the quarter, compared to the consensus estimate of $24.87 billion. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. JPMorgan Chase & Co.’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.71 EPS. sell-side analysts expect that JPMorgan Chase & Co. will post 8.25 earnings per share for the current year.

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, January 4th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.99%. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.11%.

Several research firms recently commented on JPM. Jefferies Group set a $111.00 price target on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research report on Friday, October 13th. Nomura set a $115.00 price target on shares of JPMorgan Chase & Co. and gave the company a “neutral” rating in a research report on Friday. BMO Capital Markets upped their price target on shares of JPMorgan Chase & Co. from $86.00 to $91.00 and gave the company a “market perform” 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. Finally, Argus upped their price target on shares of JPMorgan Chase & Co. from $109.00 to $125.00 and gave the company a “buy” rating in a research report on Friday. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $102.52.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.88% 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.

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

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