JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Key Client Fiduciary Advisors LLC

Key Client Fiduciary Advisors LLC boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.8% in the 3rd quarter, Holdings Channel reports. The firm owned 8,674 shares of the financial services provider’s stock after buying an additional 73 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $1,258,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in JPM. Moneta Group Investment Advisors LLC increased its holdings in JPMorgan Chase & Co. by 105,652.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 98,000,567 shares of the financial services provider’s stock worth $13,141,876,000 after buying an additional 97,907,897 shares during the last quarter. Norges Bank acquired a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at about $3,894,646,000. Morgan Stanley raised its holdings in JPMorgan Chase & Co. by 15.9% in the 4th quarter. Morgan Stanley now owns 59,049,256 shares of the financial services provider’s stock worth $7,918,506,000 after acquiring an additional 8,088,433 shares during the period. Barclays PLC increased its stake in shares of JPMorgan Chase & Co. by 51.6% in the second quarter. Barclays PLC now owns 8,422,975 shares of the financial services provider’s stock worth $1,225,037,000 after purchasing an additional 2,868,091 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of JPMorgan Chase & Co. by 7,427.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,664,092 shares of the financial services provider’s stock worth $363,169,000 after purchasing an additional 2,628,701 shares during the period. 68.94% of the stock is currently owned by institutional investors.

JPMorgan Chase & Co. Trading Up 0.8 %

Shares of NYSE JPM traded up $1.55 during midday trading on Monday, reaching $186.84. 5,074,904 shares of the stock were exchanged, compared to its average volume of 9,243,328. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.91 and a quick ratio of 0.91. JPMorgan Chase & Co. has a 12 month low of $123.11 and a 12 month high of $187.59. The business has a 50-day simple moving average of $174.27 and a two-hundred day simple moving average of $158.01. The company has a market capitalization of $538.17 billion, a price-to-earnings ratio of 11.56, a P/E/G ratio of 2.33 and a beta of 1.14.

JPMorgan Chase & Co. (NYSE:JPMGet Free Report) last posted its earnings results on Friday, January 12th. The financial services provider reported $3.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.73 by ($0.69). The business had revenue of $38.57 billion during the quarter, compared to analyst estimates of $39.73 billion. JPMorgan Chase & Co. had a net margin of 20.70% and a return on equity of 17.80%. The firm’s revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.57 earnings per share. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 15.87 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Thursday, January 4th were issued a dividend of $1.05 per share. The ex-dividend date of this dividend was Thursday, January 4th. This represents a $4.20 annualized dividend and a yield of 2.25%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 25.89%.

Analysts Set New Price Targets

A number of research firms have weighed in on JPM. BMO Capital Markets lifted their price target on shares of JPMorgan Chase & Co. from $192.00 to $194.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 16th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, February 1st. Bank of America raised their price target on JPMorgan Chase & Co. from $177.00 to $188.00 and gave the company a “buy” rating in a report on Thursday, January 4th. Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $140.00 to $190.00 in a research note on Tuesday, January 9th. Finally, Oppenheimer raised their target price on JPMorgan Chase & Co. from $232.00 to $238.00 and gave the company an “outperform” rating in a research note on Tuesday, January 30th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, JPMorgan Chase & Co. has a consensus rating of “Moderate Buy” and an average price target of $179.11.

Check Out Our Latest Research Report on JPM

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, CEO Marianne Lake sold 32,243 shares of the stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $160.00, for a total transaction of $5,158,880.00. Following the completion of the transaction, the chief executive officer now directly owns 131,962 shares in the company, valued at $21,113,920. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other JPMorgan Chase & Co. news, Vice Chairman Peter Scher sold 1,812 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $166.65, for a total transaction of $301,969.80. Following the sale, the insider now directly owns 46,766 shares of the company’s stock, valued at approximately $7,793,553.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Marianne Lake sold 32,243 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $160.00, for a total value of $5,158,880.00. Following the completion of the sale, the chief executive officer now directly owns 131,962 shares in the company, valued at approximately $21,113,920. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 877,626 shares of company stock valued at $159,500,516. 0.79% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Profile

(Free Report)

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

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

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