JPMorgan Chase & Co. (NYSE:JPM) Shares Purchased by Compass Financial Advisors LLC

Compass Financial Advisors LLC boosted its position in JPMorgan Chase & Co. (NYSE:JPM) by 5.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,493 shares of the financial services provider’s stock after purchasing an additional 946 shares during the quarter. JPMorgan Chase & Co. comprises about 2.6% of Compass Financial Advisors LLC’s holdings, making the stock its 3rd largest position. Compass Financial Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $2,385,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JPM. Qube Research & Technologies Ltd increased its stake in shares of JPMorgan Chase & Co. by 13,551.6% during the 4th quarter. Qube Research & Technologies Ltd now owns 322,724 shares of the financial services provider’s stock valued at $51,103,000 after acquiring an additional 320,360 shares during the last quarter. Marcum Wealth LLC increased its stake in shares of JPMorgan Chase & Co. by 2.5% during the 4th quarter. Marcum Wealth LLC now owns 30,375 shares of the financial services provider’s stock valued at $4,810,000 after acquiring an additional 745 shares during the last quarter. Lipe & Dalton increased its stake in shares of JPMorgan Chase & Co. by 8.3% during the 4th quarter. Lipe & Dalton now owns 1,900 shares of the financial services provider’s stock valued at $301,000 after acquiring an additional 145 shares during the last quarter. Horan Capital Advisors LLC. increased its stake in shares of JPMorgan Chase & Co. by 2.7% during the 4th quarter. Horan Capital Advisors LLC. now owns 33,833 shares of the financial services provider’s stock valued at $5,357,000 after acquiring an additional 901 shares during the last quarter. Finally, D.B. Root & Company LLC increased its stake in shares of JPMorgan Chase & Co. by 68.5% during the 4th quarter. D.B. Root & Company LLC now owns 2,405 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 978 shares during the last quarter. Institutional investors and hedge funds own 70.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on JPM. Argus dropped their price objective on shares of JPMorgan Chase & Co. from $177.00 to $155.00 in a research note on Thursday, April 14th. Piper Sandler decreased their target price on JPMorgan Chase & Co. from $170.00 to $158.00 and set an “overweight” rating for the company in a report on Friday, July 1st. Wells Fargo & Company decreased their target price on JPMorgan Chase & Co. from $120.00 to $118.00 and set an “equal weight” rating for the company in a report on Thursday, July 14th. BMO Capital Markets boosted their target price on JPMorgan Chase & Co. from $150.00 to $156.00 in a report on Tuesday, May 24th. Finally, The Goldman Sachs Group set a $151.00 target price on JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Thursday, April 14th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $145.95.

JPMorgan Chase & Co. Stock Performance

JPMorgan Chase & Co. stock opened at $115.76 on Friday. The stock has a market cap of $339.99 billion, a P/E ratio of 9.29, a price-to-earnings-growth ratio of 2.03 and a beta of 1.12. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 1.14. The stock has a 50 day moving average of $116.99 and a 200-day moving average of $129.47. JPMorgan Chase & Co. has a 52 week low of $106.06 and a 52 week high of $172.96.

JPMorgan Chase & Co. (NYSE:JPMGet Rating) last released its earnings results on Thursday, July 14th. The financial services provider reported $2.76 EPS for the quarter, meeting the consensus estimate of $2.76. The company had revenue of $30.72 billion during the quarter, compared to analysts’ expectations of $31.82 billion. JPMorgan Chase & Co. had a return on equity of 15.29% and a net margin of 30.41%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business posted $3.78 EPS. On average, analysts expect that JPMorgan Chase & Co. will post 11.21 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, July 31st. Stockholders of record on Wednesday, July 6th were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 3.46%. The ex-dividend date was Tuesday, July 5th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 32.10%.

About JPMorgan Chase & Co.

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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 s deposit, investment and lending products, payments, 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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