JPMorgan Chase & Co. (NYSE:JPM) Shares Bought by Liberty One Investment Management LLC

Liberty One Investment Management LLC raised its position in JPMorgan Chase & Co. (NYSE:JPM) by 5.4% during the 1st quarter, Holdings Channel reports. The firm owned 13,275 shares of the financial services provider’s stock after acquiring an additional 676 shares during the quarter. Liberty One Investment Management LLC’s holdings in JPMorgan Chase & Co. were worth $1,810,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. KLCM Advisors Inc. boosted its stake in JPMorgan Chase & Co. by 0.5% during the 4th quarter. KLCM Advisors Inc. now owns 12,800 shares of the financial services provider’s stock valued at $2,027,000 after acquiring an additional 69 shares during the last quarter. Hurlow Wealth Management Group Inc. boosted its stake in JPMorgan Chase & Co. by 1.1% during the 4th quarter. Hurlow Wealth Management Group Inc. now owns 6,166 shares of the financial services provider’s stock valued at $793,000 after acquiring an additional 69 shares during the last quarter. Bigelow Investment Advisors LLC boosted its stake in JPMorgan Chase & Co. by 1.0% during the 4th quarter. Bigelow Investment Advisors LLC now owns 6,886 shares of the financial services provider’s stock valued at $1,090,000 after acquiring an additional 69 shares during the last quarter. Valley Brook Capital Group Inc. boosted its stake in JPMorgan Chase & Co. by 0.4% during the 4th quarter. Valley Brook Capital Group Inc. now owns 18,319 shares of the financial services provider’s stock valued at $2,900,000 after acquiring an additional 70 shares during the last quarter. Finally, Cable Hill Partners LLC raised its holdings in shares of JPMorgan Chase & Co. by 1.2% during the fourth quarter. Cable Hill Partners LLC now owns 6,063 shares of the financial services provider’s stock worth $960,000 after purchasing an additional 70 shares during the period. Institutional investors and hedge funds own 70.35% of the company’s stock.

JPMorgan Chase & Co. Price Performance

Shares of NYSE:JPM opened at $115.36 on Friday. The company’s fifty day moving average is $118.40 and its two-hundred day moving average is $130.84. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 1.14. JPMorgan Chase & Co. has a 12-month low of $106.06 and a 12-month high of $172.96. The company has a market cap of $338.82 billion, a P/E ratio of 9.26, a price-to-earnings-growth ratio of 2.05 and a beta of 1.15.

JPMorgan Chase & Co. (NYSE:JPMGet Rating) last posted its quarterly earnings results on Thursday, July 14th. The financial services provider reported $2.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.76. The business had revenue of $30.72 billion for the quarter, compared to the consensus estimate of $31.82 billion. JPMorgan Chase & Co. had a net margin of 30.41% and a return on equity of 15.29%. JPMorgan Chase & Co.’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the business posted $3.78 earnings per share. Equities analysts expect that JPMorgan Chase & Co. will post 11.23 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, July 31st. Shareholders of record on Wednesday, July 6th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date is Tuesday, July 5th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 32.10%.

Analyst Ratings Changes

JPM has been the topic of a number of research reports. Argus dropped their target price on shares of JPMorgan Chase & Co. from $177.00 to $155.00 in a report on Thursday, April 14th. UBS Group dropped their target price on shares of JPMorgan Chase & Co. from $134.00 to $126.00 and set a “buy” rating on the stock in a report on Friday, July 15th. Wells Fargo & Company dropped their target price on shares of JPMorgan Chase & Co. from $120.00 to $118.00 and set an “equal weight” rating on the stock in a report on Thursday, July 14th. Evercore ISI dropped their price objective on shares of JPMorgan Chase & Co. from $135.00 to $125.00 in a report on Friday, July 15th. Finally, The Goldman Sachs Group set a $151.00 price objective on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Thursday, April 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $145.95.

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.

See Also

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

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