JPMorgan Chase & Co. (NYSE:JPM) is Rothschild Investment Corp IL’s 2nd Largest Position


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Rothschild Investment Corp IL trimmed its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 167,686 shares of the financial services provider’s stock after selling 2,323 shares during the period. JPMorgan Chase & Co. comprises 2.2% of Rothschild Investment Corp IL’s holdings, making the stock its 2nd biggest holding. Rothschild Investment Corp IL’s holdings in JPMorgan Chase & Co. were worth $25,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in JPM. Trust Asset Management LLC boosted its position in JPMorgan Chase & Co. by 78.1% in the 3rd quarter. Trust Asset Management LLC now owns 15,674 shares of the financial services provider’s stock valued at $1,509,000 after buying an additional 6,873 shares during the period. United Bank boosted its position in JPMorgan Chase & Co. by 5.7% in the 3rd quarter. United Bank now owns 25,171 shares of the financial services provider’s stock valued at $2,423,000 after buying an additional 1,364 shares during the period. Wealth Alliance raised its holdings in shares of JPMorgan Chase & Co. by 7.9% in the 3rd quarter. Wealth Alliance now owns 17,804 shares of the financial services provider’s stock valued at $1,714,000 after purchasing an additional 1,297 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 23.0% in the 3rd quarter. Kingsview Wealth Management LLC now owns 125,806 shares of the financial services provider’s stock valued at $12,111,000 after purchasing an additional 23,541 shares in the last quarter. Finally, Catalyst Private Wealth LLC bought a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at about $54,000. 69.02% of the stock is owned by institutional investors.

Several equities research analysts have recently commented on the stock. DZ Bank restated a “buy” rating on shares of JPMorgan Chase & Co. in a report on Tuesday, April 6th. Seaport Global Securities boosted their price target on shares of JPMorgan Chase & Co. from $140.00 to $157.00 in a report on Tuesday, January 19th. Keefe, Bruyette & Woods boosted their price target on shares of JPMorgan Chase & Co. from $135.00 to $150.00 and gave the company a “market perform” rating in a report on Monday, January 18th. Credit Suisse Group boosted their price target on shares of JPMorgan Chase & Co. from $150.00 to $165.00 and gave the company an “outperform” rating in a report on Monday, March 29th. Finally, Jefferies Financial Group boosted their price target on shares of JPMorgan Chase & Co. from $157.00 to $177.00 and gave the company a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $143.23.

NYSE:JPM opened at $153.30 on Friday. The company has a market cap of $464.82 billion, a PE ratio of 20.04, a P/E/G ratio of 2.87 and a beta of 1.23. JPMorgan Chase & Co. has a twelve month low of $82.40 and a twelve month high of $161.69. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.16. The company’s 50 day moving average is $153.21 and its two-hundred day moving average is $129.10.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Tuesday, April 13th. The financial services provider reported $4.50 earnings per share for the quarter, topping the consensus estimate of $3.10 by $1.40. The company had revenue of $32.30 billion for the quarter, compared to the consensus estimate of $29.97 billion. JPMorgan Chase & Co. had a net margin of 19.16% and a return on equity of 10.85%. JPMorgan Chase & Co.’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.78 EPS. As a group, analysts expect that JPMorgan Chase & Co. will post 7.83 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 30th. Shareholders of record on Tuesday, April 6th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 2.35%. The ex-dividend date is Monday, April 5th. JPMorgan Chase & Co.’s dividend payout ratio is presently 34.35%.

In other news, EVP Marianne Lake sold 13,047 shares of the company’s stock in a transaction on Thursday, April 15th. The shares were sold at an average price of $150.90, for a total value of $1,968,792.30. Also, CEO Mary E. Erdoes sold 19,188 shares of the company’s stock in a transaction on Thursday, April 15th. The shares were sold at an average price of $150.90, for a total transaction of $2,895,469.20. In the last three months, insiders have sold 83,141 shares of company stock worth $12,082,545. 0.78% of the stock is owned by insiders.

About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services.

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

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