JPMorgan Chase & Co. (NYSE:JPM) Stake Lifted by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. increased its stake in JPMorgan Chase & Co. (NYSE:JPM – Get Rating) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,654 shares of the financial services provider’s stock after acquiring an additional 122 shares during the period. Aurora Private Wealth Inc.’s holdings in JPMorgan Chase & Co. were worth $895,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JPM. Capital World Investors boosted its holdings in JPMorgan Chase & Co. by 3.9% during the third quarter. Capital World Investors now owns 74,302,154 shares of the financial services provider’s stock worth $12,162,752,000 after buying an additional 2,764,341 shares in the last quarter. Geode Capital Management LLC boosted its holdings in JPMorgan Chase & Co. by 1.2% during the third quarter. Geode Capital Management LLC now owns 47,118,935 shares of the financial services provider’s stock worth $7,690,463,000 after buying an additional 541,152 shares in the last quarter. Morgan Stanley boosted its holdings in JPMorgan Chase & Co. by 1.4% during the second quarter. Morgan Stanley now owns 38,288,577 shares of the financial services provider’s stock worth $5,955,407,000 after buying an additional 510,298 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in JPMorgan Chase & Co. by 5.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 33,544,890 shares of the financial services provider’s stock worth $5,490,964,000 after buying an additional 1,622,530 shares in the last quarter. Finally, UBS Asset Management Americas Inc. boosted its holdings in JPMorgan Chase & Co. by 9.8% during the third quarter. UBS Asset Management Americas Inc. now owns 15,741,146 shares of the financial services provider’s stock worth $2,576,668,000 after buying an additional 1,403,825 shares in the last quarter. Institutional investors and hedge funds own 69.39% of the company’s stock.

NYSE JPM traded up $2.40 during midday trading on Friday, hitting $133.49. The company had a trading volume of 12,964,353 shares, compared to its average volume of 14,407,605. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.16. The stock has a market cap of $392.43 billion, a price-to-earnings ratio of 8.70, a P/E/G ratio of 2.43 and a beta of 1.11. The firm has a fifty day simple moving average of $142.33 and a two-hundred day simple moving average of $155.41. JPMorgan Chase & Co. has a fifty-two week low of $127.27 and a fifty-two week high of $172.96.

JPMorgan Chase & Co. (NYSE:JPM – Get Rating) last posted its quarterly earnings results on Friday, January 14th. The financial services provider reported $3.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.35. The company had revenue of $29.26 billion for the quarter, compared to analyst estimates of $29.78 billion. JPMorgan Chase & Co. had a net margin of 38.00% and a return on equity of 19.01%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the business posted $3.79 EPS. As a group, equities analysts predict that JPMorgan Chase & Co. will post 11.03 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Saturday, April 30th. Stockholders of record on Wednesday, April 6th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, April 5th. This represents a $4.00 annualized dividend and a dividend yield of 3.00%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 26.06%.

Several brokerages recently commented on JPM. Keefe, Bruyette & Woods reduced their price target on shares of JPMorgan Chase & Co. from $166.00 to $157.00 and set a “market perform” rating for the company in a research report on Monday, January 17th. Societe Generale downgraded shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research report on Wednesday, January 5th. StockNews.com started coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Morgan Stanley cut their target price on shares of JPMorgan Chase & Co. from $170.00 to $161.00 and set an “underweight” rating for the company in a research report on Monday, March 28th. Finally, Royal Bank of Canada set a $175.00 target price on shares of JPMorgan Chase & Co. in a research report on Tuesday, April 5th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $166.67.

JPMorgan Chase & Co. Profile (Get Rating)

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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