Fort Washington Investment Advisors Inc. OH Has $94.94 Million Holdings in JPMorgan Chase & Co. $JPM

Fort Washington Investment Advisors Inc. OH boosted its position in JPMorgan Chase & Co. (NYSE:JPM) by 26.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 300,972 shares of the financial services provider’s stock after buying an additional 63,648 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in JPMorgan Chase & Co. were worth $94,936,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Nixon Peabody Trust Co. grew its stake in JPMorgan Chase & Co. by 0.5% during the third quarter. Nixon Peabody Trust Co. now owns 85,149 shares of the financial services provider’s stock worth $26,859,000 after purchasing an additional 441 shares during the period. HM Payson & Co. lifted its stake in JPMorgan Chase & Co. by 1.6% in the third quarter. HM Payson & Co. now owns 453,814 shares of the financial services provider’s stock valued at $143,146,000 after buying an additional 7,176 shares during the period. Old North State Wealth Management LLC boosted its holdings in shares of JPMorgan Chase & Co. by 7.3% during the 3rd quarter. Old North State Wealth Management LLC now owns 3,552 shares of the financial services provider’s stock worth $1,123,000 after buying an additional 241 shares in the last quarter. Lakeshore Capital Group Inc. grew its position in shares of JPMorgan Chase & Co. by 1.3% during the 3rd quarter. Lakeshore Capital Group Inc. now owns 4,381 shares of the financial services provider’s stock worth $1,382,000 after buying an additional 58 shares during the period. Finally, Goldstone Financial Group LLC increased its stake in shares of JPMorgan Chase & Co. by 0.6% in the 3rd quarter. Goldstone Financial Group LLC now owns 19,746 shares of the financial services provider’s stock valued at $6,229,000 after acquiring an additional 124 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 966 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $311.92, for a total transaction of $301,314.72. Following the sale, the insider owned 58,479 shares in the company, valued at $18,240,769.68. This represents a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.47% of the stock is owned by insiders.

JPMorgan Chase & Co. Trading Up 0.9%

Shares of JPMorgan Chase & Co. stock opened at $325.22 on Monday. The stock has a market capitalization of $885.32 billion, a P/E ratio of 16.11, a P/E/G ratio of 1.60 and a beta of 1.07. JPMorgan Chase & Co. has a 52-week low of $202.16 and a 52-week high of $330.86. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.86. The stock’s 50-day simple moving average is $312.85 and its 200 day simple moving average is $302.72.

JPMorgan Chase & Co. (NYSE:JPMGet Free Report) last issued its earnings results on Tuesday, October 14th. The financial services provider reported $5.07 earnings per share for the quarter, topping analysts’ consensus estimates of $4.83 by $0.24. The firm had revenue of $47.12 billion during the quarter, compared to analyst estimates of $44.42 billion. JPMorgan Chase & Co. had a net margin of 20.90% and a return on equity of 17.18%. The company’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the business earned $4.37 earnings per share. As a group, research analysts anticipate that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Tuesday, January 6th will be issued a dividend of $1.50 per share. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.8%. JPMorgan Chase & Co.’s payout ratio is presently 29.72%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Morgan Stanley set a $331.00 target price on shares of JPMorgan Chase & Co. in a research note on Tuesday, December 9th. Evercore ISI upped their price objective on shares of JPMorgan Chase & Co. from $309.00 to $330.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Cowen reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Tuesday, December 9th. UBS Group boosted their price objective on JPMorgan Chase & Co. from $339.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Finally, Loop Capital set a $310.00 target price on shares of JPMorgan Chase & Co. in a report on Thursday, October 23rd. Fifteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $329.19.

View Our Latest Research Report on JPMorgan Chase & Co.

Key Headlines Impacting JPMorgan Chase & Co.

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JPMorgan Chase & Co. Profile

(Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

See Also

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

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