Vetr upgraded shares of JPMorgan Chase & Co. (NYSE:JPM) from a sell rating to a hold rating in a research note released on Monday morning. They currently have $105.98 target price on the financial services provider’s stock.

A number of other brokerages have also weighed in on JPM. ValuEngine raised shares of JPMorgan Chase & Co. from a hold rating to a buy rating in a research note on Friday, February 2nd. Morgan Stanley lifted their price target on shares of JPMorgan Chase & Co. from $128.00 to $133.00 and gave the company an overweight rating in a research note on Friday, February 2nd. Zacks Investment Research raised shares of JPMorgan Chase & Co. from a hold rating to a buy rating and set a $126.00 price target on the stock in a research note on Thursday, January 18th. Argus lifted 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 note on Friday, January 12th. Finally, Deutsche Bank set a $96.00 price target on shares of JPMorgan Chase & Co. and gave the company a neutral rating in a research note on Tuesday, January 16th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and fifteen have given a buy rating to the company. JPMorgan Chase & Co. has an average rating of Hold and an average price target of $107.42.

JPMorgan Chase & Co. (NYSE:JPM) opened at $111.74 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.01 and a debt-to-equity ratio of 1.24. JPMorgan Chase & Co. has a one year low of $81.64 and a one year high of $117.35. The firm has a market cap of $387,710.00, a P/E ratio of 17.51, a price-to-earnings-growth ratio of 1.86 and a beta of 1.22.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Friday, January 12th. The financial services provider reported $1.76 earnings per share for the quarter, beating the Zacks’ 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 analyst estimates of $24.87 billion. During the same quarter in the previous year, the firm posted $1.71 earnings per share. The business’s revenue was up 3.3% on a year-over-year basis. equities research analysts expect that JPMorgan Chase & Co. will post 8.85 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th were given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend was Thursday, January 4th. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.11%.

In related news, insider Ashley Bacon sold 16,434 shares of the business’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 transaction, the insider now directly owns 98,811 shares in the company, valued at $11,088,570.42. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Peter Scher sold 17,057 shares of the business’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $112.20, for a total transaction of $1,913,795.40. Following the transaction, the executive vice president now owns 15,310 shares in the company, valued at $1,717,782. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 152,047 shares of company stock worth $17,098,115. 0.88% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Keeler Thomas Management LLC acquired a new position in shares of JPMorgan Chase & Co. in the fourth quarter valued at $112,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $102,000. Welch Investments LLC acquired a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $103,000. Cerebellum GP LLC acquired a new position in shares of JPMorgan Chase & Co. in the fourth quarter valued at $119,000. Finally, Price Wealth Management Inc. acquired a new position in shares of JPMorgan Chase & Co. in the fourth quarter valued at $124,000. Institutional investors and hedge funds own 73.66% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This story was published by Watch List News and is the property of of Watch List News. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright law. The original version of this story can be read at https://www.watchlistnews.com/jpmorgan-chase-co-jpm-upgraded-at-vetr/1862611.html.

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.

To view Vetr’s full report, visit Vetr’s official website.

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

Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter.