Radnor Capital Management LLC Buys 865 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Radnor Capital Management LLC grew its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 54,805 shares of the financial services provider’s stock after purchasing an additional 865 shares during the quarter. JPMorgan Chase & Co. makes up about 1.8% of Radnor Capital Management LLC’s holdings, making the stock its 6th largest position. Radnor Capital Management LLC’s holdings in JPMorgan Chase & Co. were worth $7,348,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of JPM. Cantor Fitzgerald Investment Advisor L.P lifted its holdings in JPMorgan Chase & Co. by 81.1% during the 1st quarter. Cantor Fitzgerald Investment Advisor L.P now owns 222,422 shares of the financial services provider’s stock worth $30,321,000 after buying an additional 99,636 shares during the last quarter. BCK Partners Inc. acquired a new position in JPMorgan Chase & Co. in the first quarter worth $2,455,000. LSV Asset Management increased its stake in JPMorgan Chase & Co. by 35.6% during the first quarter. LSV Asset Management now owns 37,300 shares of the financial services provider’s stock valued at $5,085,000 after purchasing an additional 9,800 shares during the last quarter. Wsfs Capital Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 70.8% during the first quarter. Wsfs Capital Management LLC now owns 4,221 shares of the financial services provider’s stock worth $575,000 after purchasing an additional 1,749 shares during the period. Finally, Lumature Wealth Partners LLC lifted its holdings in shares of JPMorgan Chase & Co. by 1,451.4% in the 1st quarter. Lumature Wealth Partners LLC now owns 3,770 shares of the financial services provider’s stock worth $514,000 after purchasing an additional 3,527 shares during the last quarter. Institutional investors own 67.89% of the company’s stock.

JPMorgan Chase & Co. Price Performance

Shares of NYSE JPM opened at $125.81 on Friday. The business’s 50 day moving average price is $139.06 and its two-hundred day moving average price is $129.21. The company has a market cap of $370.30 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 2.09 and a beta of 1.12. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.12. JPMorgan Chase & Co. has a twelve month low of $101.28 and a twelve month high of $144.34.

JPMorgan Chase & Co. (NYSE:JPM – Get Rating) last announced its quarterly earnings results on Friday, January 13th. The financial services provider reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.11 by $0.46. The firm had revenue of $34.55 billion for the quarter, compared to the consensus estimate of $34.23 billion. JPMorgan Chase & Co. had a return on equity of 14.68% and a net margin of 24.34%. The business’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.33 earnings per share. On average, analysts predict that JPMorgan Chase & Co. will post 12.9 EPS for the current year.

Analysts Set New Price Targets

JPM has been the subject of a number of recent analyst reports. Citigroup increased their price objective on JPMorgan Chase & Co. from $150.00 to $165.00 in a report on Tuesday, January 17th. Morgan Stanley raised their price objective on shares of JPMorgan Chase & Co. from $167.00 to $173.00 and gave the company an “overweight” rating in a research report on Friday, February 24th. Credit Suisse Group set a $155.00 price objective on shares of JPMorgan Chase & Co. in a research note on Monday, February 27th. Royal Bank of Canada set a $130.00 price objective on shares of JPMorgan Chase & Co. in a research note on Friday, January 13th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and reduced their price target for the stock from $155.00 to $145.00 in a research report on Friday, January 6th. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and a consensus price target of $150.78.

Insider Activity

In other news, Vice Chairman Peter Scher sold 4,399 shares of the company’s stock in a transaction that occurred on Tuesday, January 17th. The stock was sold at an average price of $140.32, for a total value of $617,267.68. Following the transaction, the insider now owns 36,369 shares of the company’s stock, valued at $5,103,298.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Mary E. Erdoes sold 10,340 shares of the company’s stock in a transaction that occurred on Tuesday, January 17th. The stock was sold at an average price of $140.29, for a total value of $1,450,598.60. Following the transaction, the chief executive officer now owns 544,136 shares of the company’s stock, valued at $76,336,839.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman Peter Scher sold 4,399 shares of the company’s stock in a transaction that occurred on Tuesday, January 17th. The shares were sold at an average price of $140.32, for a total value of $617,267.68. Following the completion of the transaction, the insider now directly owns 36,369 shares in the company, valued at approximately $5,103,298.08. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,887 shares of company stock valued at $5,315,762. 0.79% of the stock is owned by insiders.

JPMorgan Chase & Co. Company Profile

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JPMorgan Chase & Co is a financial holding company, which engages in providing financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.