JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Cwm LLC

Cwm LLC grew its holdings in JPMorgan Chase & Co. (NYSE:JPMGet Rating) by 27.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 129,110 shares of the financial services provider’s stock after buying an additional 27,937 shares during the period. Cwm LLC’s holdings in JPMorgan Chase & Co. were worth $13,492,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Investors Asset Management of Georgia Inc. GA ADV raised its position in shares of JPMorgan Chase & Co. by 1.9% in the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 31,450 shares of the financial services provider’s stock valued at $3,287,000 after buying an additional 592 shares during the last quarter. M. Kraus & Co raised its stake in JPMorgan Chase & Co. by 1.2% during the third quarter. M. Kraus & Co now owns 7,526 shares of the financial services provider’s stock worth $786,000 after purchasing an additional 88 shares during the period. Founders Financial Securities LLC boosted its holdings in JPMorgan Chase & Co. by 1.7% in the 3rd quarter. Founders Financial Securities LLC now owns 8,219 shares of the financial services provider’s stock valued at $859,000 after purchasing an additional 139 shares during the last quarter. Orion Capital Management LLC grew its stake in shares of JPMorgan Chase & Co. by 4.0% in the 3rd quarter. Orion Capital Management LLC now owns 11,547 shares of the financial services provider’s stock valued at $1,207,000 after buying an additional 447 shares during the period. Finally, Walter Public Investments Inc. increased its holdings in shares of JPMorgan Chase & Co. by 0.7% during the 3rd quarter. Walter Public Investments Inc. now owns 80,802 shares of the financial services provider’s stock worth $8,444,000 after buying an additional 594 shares during the last quarter. 67.89% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at JPMorgan Chase & Co.

In other news, Vice Chairman Peter Scher sold 1,310 shares of the business’s stock in a transaction dated Wednesday, October 26th. The stock was sold at an average price of $125.02, for a total value of $163,776.20. Following the completion of the sale, the insider now directly owns 34,973 shares of the company’s stock, valued at approximately $4,372,324.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Vice Chairman Peter Scher sold 1,310 shares of JPMorgan Chase & Co. stock in a transaction on Wednesday, October 26th. The shares were sold at an average price of $125.02, for a total value of $163,776.20. Following the transaction, the insider now directly owns 34,973 shares of the company’s stock, valued at approximately $4,372,324.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robin Leopold sold 2,000 shares of the stock in a transaction on Wednesday, October 26th. The stock was sold at an average price of $125.07, for a total transaction of $250,140.00. Following the sale, the insider now owns 19,031 shares of the company’s stock, valued at approximately $2,380,207.17. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,964 shares of company stock worth $4,936,426. 0.79% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on JPM. Credit Suisse Group set a $150.00 price objective on JPMorgan Chase & Co. in a research report on Friday, January 6th. StockNews.com began coverage on shares of JPMorgan Chase & Co. in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Oppenheimer dropped their price target on shares of JPMorgan Chase & Co. from $174.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, December 28th. Deutsche Bank Aktiengesellschaft cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and dropped their price target for the company from $155.00 to $145.00 in a research report on Friday, January 6th. Finally, Citigroup lifted their price target on shares of JPMorgan Chase & Co. from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, December 12th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $145.17.

JPMorgan Chase & Co. Stock Up 2.5 %

Shares of JPMorgan Chase & Co. stock opened at $143.01 on Friday. JPMorgan Chase & Co. has a 52-week low of $101.28 and a 52-week high of $161.03. The company has a 50 day moving average of $134.06 and a 200 day moving average of $121.83. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $419.48 billion, a P/E ratio of 12.08, a P/E/G ratio of 2.16 and a beta of 1.13.

JPMorgan Chase & Co. (NYSE:JPMGet Rating) last issued its quarterly earnings results on Friday, January 13th. The financial services provider reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.14 by $0.43. The company had revenue of $34.55 billion during the quarter, compared to the consensus estimate of $34.23 billion. JPMorgan Chase & Co. had a net margin of 26.85% and a return on equity of 14.52%. The firm’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.33 earnings per share. As a group, research analysts forecast that JPMorgan Chase & Co. will post 11.69 EPS for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Friday, January 6th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, January 5th. This represents a $4.00 annualized dividend and a dividend yield of 2.80%. JPMorgan Chase & Co.’s dividend payout ratio is presently 33.78%.

JPMorgan Chase & Co. Company Profile

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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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