JPMorgan American (LON:JAM) Insider Colin Moore Buys 2,000 Shares

JPMorgan American (LON:JAM) insider Colin Moore acquired 2,000 shares of the stock in a transaction dated Wednesday, April 23rd. The shares were bought at an average cost of GBX 919 ($12.20) per share, for a total transaction of £18,380 ($24,392.83).

Colin Moore also recently made the following trade(s):

• On Monday, April 14th, Colin Moore acquired 8,000 shares of JPMorgan American stock. The stock was purchased at an average price of GBX 947 ($12.57) per share, with a total value of £75,760 ($100,544.13).

JPMorgan American Price Performance

JPMorgan American stock opened at GBX 914 ($12.13) on Thursday. JPMorgan American has a fifty-two week low of GBX 827 ($10.98) and a fifty-two week high of GBX 1,198 ($15.90). The firm has a market cap of £1.66 billion, a price-to-earnings ratio of 3.96 and a beta of 0.65. The firm has a fifty day moving average price of GBX 995.46 and a two-hundred day moving average price of GBX 1,072.08.

JPMorgan American (LON:JAM) last issued its quarterly earnings results on Thursday, April 3rd. The company reported GBX 10.59 ($0.14) EPS for the quarter. JPMorgan American had a net margin of 97.58% and a return on equity of 24.87%.

JPMorgan American Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 17th will be issued a dividend of GBX 8.25 ($0.11) per share. This represents a dividend yield of 0.88%. The ex-dividend date is Thursday, April 17th. This is a boost from JPMorgan American’s previous dividend of $2.75. JPMorgan American’s payout ratio is 3.47%.

About JPMorgan American

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.