JPMorgan Chase & Co. (NYSE:JPM) Stock Holdings Lowered by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lowered its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 15.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 86,527 shares of the financial services provider’s stock after selling 15,979 shares during the period. JPMorgan Chase & Co. accounts for 0.7% of Banque Cantonale Vaudoise’s portfolio, making the stock its 15th biggest holding. Banque Cantonale Vaudoise’s holdings in JPMorgan Chase & Co. were worth $17,502,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Retirement Group LLC grew its position in JPMorgan Chase & Co. by 227.1% in the 1st quarter. Retirement Group LLC now owns 157 shares of the financial services provider’s stock valued at $31,000 after buying an additional 109 shares in the last quarter. Richardson Capital Management LLC bought a new position in JPMorgan Chase & Co. in the 1st quarter valued at about $34,000. Anfield Capital Management LLC bought a new position in JPMorgan Chase & Co. in the 2nd quarter valued at about $34,000. Davidson Capital Management Inc. bought a new position in JPMorgan Chase & Co. in the 1st quarter valued at about $37,000. Finally, Kathleen S. Wright Associates Inc. bought a new position in JPMorgan Chase & Co. in the 1st quarter valued at about $40,000. Institutional investors own 71.55% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on JPM shares. Keefe, Bruyette & Woods increased their target price on shares of JPMorgan Chase & Co. from $209.00 to $211.00 and gave the company a “market perform” rating in a research report on Tuesday, July 9th. UBS Group upped their price target on shares of JPMorgan Chase & Co. from $219.00 to $224.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. Robert W. Baird upped their price target on shares of JPMorgan Chase & Co. from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Tuesday, May 21st. BMO Capital Markets upped their price target on shares of JPMorgan Chase & Co. from $195.00 to $205.00 and gave the company a “market perform” rating in a report on Thursday, July 11th. Finally, Morgan Stanley upped their price target on shares of JPMorgan Chase & Co. from $221.00 to $226.00 and gave the company an “overweight” rating in a report on Tuesday, July 30th. Nine analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $208.35.

JPMorgan Chase & Co. Price Performance

JPM stock opened at $219.33 on Thursday. The firm has a 50-day moving average of $210.67 and a two-hundred day moving average of $199.54. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $629.84 billion, a PE ratio of 12.23, a P/E/G ratio of 2.62 and a beta of 1.12. JPMorgan Chase & Co. has a one year low of $135.19 and a one year high of $225.48.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, July 12th. The financial services provider reported $6.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.19 by $1.93. The business had revenue of $50.80 billion during the quarter, compared to analyst estimates of $42.23 billion. JPMorgan Chase & Co. had a net margin of 20.32% and a return on equity of 17.26%. During the same period in the prior year, the firm earned $4.37 earnings per share. On average, analysts forecast that JPMorgan Chase & Co. will post 16.78 earnings per share for the current year.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Ashley Bacon sold 5,086 shares of JPMorgan Chase & Co. stock in a transaction on Monday, June 10th. The stock was sold at an average price of $199.54, for a total transaction of $1,014,860.44. Following the completion of the sale, the insider now owns 212,265 shares of the company’s stock, valued at $42,355,358.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.79% of the stock is owned by insiders.

JPMorgan Chase & Co. Profile

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 deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.