Northstar Asset Management LLC grew its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 78.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,581 shares of the financial services provider’s stock after acquiring an additional 1,574 shares during the quarter. Northstar Asset Management LLC’s holdings in JPMorgan Chase & Co. were worth $404,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Arlington Partners LLC boosted its holdings in JPMorgan Chase & Co. by 126.6% in the third quarter. Arlington Partners LLC now owns 895 shares of the financial services provider’s stock valued at $101,000 after acquiring an additional 500 shares in the last quarter. Investment Partners LTD. boosted its holdings in JPMorgan Chase & Co. by 12.5% in the third quarter. Investment Partners LTD. now owns 21,950 shares of the financial services provider’s stock valued at $113,000 after acquiring an additional 2,436 shares in the last quarter. Quad Cities Investment Group LLC bought a new stake in JPMorgan Chase & Co. in the second quarter valued at $124,000. O Brien Wealth Partners LLC boosted its holdings in shares of JPMorgan Chase & Co. by 1,120.9% during the 3rd quarter. O Brien Wealth Partners LLC now owns 1,111 shares of the financial services provider’s stock valued at $125,000 after buying an additional 1,020 shares in the last quarter. Finally, Ballew Advisors Inc boosted its holdings in shares of JPMorgan Chase & Co. by 104.2% during the 2nd quarter. Ballew Advisors Inc now owns 1,213 shares of the financial services provider’s stock valued at $126,000 after buying an additional 619 shares in the last quarter. 71.27% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director James S. Crown purchased 5,000 shares of the stock in a transaction dated Tuesday, February 5th. The stock was purchased at an average price of $103.79 per share, with a total value of $518,950.00. Following the transaction, the director now directly owns 311,447 shares in the company, valued at $32,325,084.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ashley Bacon sold 5,831 shares of JPMorgan Chase & Co. stock in a transaction dated Wednesday, January 16th. The stock was sold at an average price of $102.78, for a total value of $599,310.18. Following the completion of the transaction, the insider now directly owns 98,838 shares of the company’s stock, valued at approximately $10,158,569.64. The disclosure for this sale can be found here. In the last ninety days, insiders sold 39,191 shares of company stock valued at $4,102,110. 0.73% of the stock is owned by insiders.

Shares of JPM stock opened at $100.88 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 1.01 and a debt-to-equity ratio of 1.22. The firm has a market cap of $347.86 billion, a PE ratio of 11.21, a price-to-earnings-growth ratio of 1.53 and a beta of 1.11. JPMorgan Chase & Co. has a 12 month low of $91.11 and a 12 month high of $119.33.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Tuesday, January 15th. The financial services provider reported $1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by ($0.22). The company had revenue of $26.10 billion during the quarter, compared to analysts’ expectations of $26.69 billion. JPMorgan Chase & Co. had a return on equity of 14.07% and a net margin of 24.71%. JPMorgan Chase & Co.’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.76 EPS. As a group, analysts expect that JPMorgan Chase & Co. will post 9.94 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 31st. Stockholders of record on Friday, January 4th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.17%. The ex-dividend date was Thursday, January 3rd. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.56%.

JPM has been the topic of a number of research reports. Jefferies Financial Group cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $101.20 target price on the stock. in a report on Tuesday, January 8th. Zacks Investment Research cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a report on Thursday, November 15th. BMO Capital Markets dropped their target price on shares of JPMorgan Chase & Co. from $124.00 to $123.00 and set a “market perform” rating on the stock in a report on Wednesday, January 16th. Wells Fargo & Co set a $130.00 target price on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a report on Thursday, November 15th. Finally, ValuEngine cut shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Thursday, December 6th. Twelve analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $122.94.

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About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

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

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