Daytona Street Capital LLC bought a new position in shares of JPMorgan Chase & Co. (NYSE:JPM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,342 shares of the financial services provider’s stock, valued at approximately $3,655,000. JPMorgan Chase & Co. makes up about 2.4% of Daytona Street Capital LLC’s investment portfolio, making the stock its 7th largest holding.
A number of other institutional investors and hedge funds have also recently modified their holdings of JPM. Triangle Securities Wealth Management boosted its stake in JPMorgan Chase & Co. by 14.1% in the third quarter. Triangle Securities Wealth Management now owns 25,822 shares of the financial services provider’s stock valued at $8,145,000 after acquiring an additional 3,191 shares in the last quarter. Andra AP fonden boosted its stake in JPMorgan Chase & Co. by 3.2% in the third quarter. Andra AP fonden now owns 107,700 shares of the financial services provider’s stock valued at $33,972,000 after acquiring an additional 3,300 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its stake in JPMorgan Chase & Co. by 51.7% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 8,883 shares of the financial services provider’s stock valued at $2,862,000 after acquiring an additional 3,027 shares in the last quarter. Banco Santander S.A. boosted its stake in JPMorgan Chase & Co. by 9.0% in the third quarter. Banco Santander S.A. now owns 452,612 shares of the financial services provider’s stock valued at $142,767,000 after acquiring an additional 37,550 shares in the last quarter. Finally, Brighton Jones LLC boosted its stake in JPMorgan Chase & Co. by 11.0% in the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock valued at $11,682,000 after acquiring an additional 4,841 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on JPM shares. HSBC decreased their price objective on shares of JPMorgan Chase & Co. from $319.00 to $288.00 and set a “hold” rating for the company in a research note on Wednesday, April 1st. DZ Bank restated a “neutral” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 14th. Zacks Research downgraded shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Freedom Capital upgraded shares of JPMorgan Chase & Co. to a “hold” rating in a research note on Wednesday, January 14th. Finally, Barclays restated a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Wednesday, April 1st. Fourteen research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of “Hold” and a consensus target price of $333.17.
Insider Buying and Selling at JPMorgan Chase & Co.
In other news, insider Robin Leopold sold 433 shares of the stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $295.06, for a total transaction of $127,760.98. Following the completion of the sale, the insider owned 64,920 shares in the company, valued at approximately $19,155,295.20. This represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Jennifer Piepszak sold 8,571 shares of the stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $312.79, for a total transaction of $2,680,923.09. Following the transaction, the chief operating officer directly owned 71,027 shares of the company’s stock, valued at $22,216,535.33. This represents a 10.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 72,029 shares of company stock valued at $22,195,693. Corporate insiders own 0.47% of the company’s stock.
JPMorgan Chase & Co. News Summary
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan rolled out a major community and lending push (the “American Dream” initiative) that ties branch expansion and targeted lending to long‑term growth — investors see this as a durable revenue and deposit-relationship play even if it raises near-term costs. JPMorgan Is Betting on the ‘American Dream’ with a New $1.5 Trillion Initiative. What Does That Really Mean?
- Positive Sentiment: JPMorgan strategists are publicly urging investors to “buy the dip,” signaling the firm’s positive macro view and supporting risk appetite across US equities — this note likely lifted sentiment in banking stocks and helped JPM shares. Another V-shaped rebound ahead? JPM says buy the dip in stocks
- Positive Sentiment: JPMorgan is collecting fees and relationship business as arranger/agent on corporate credit deals (e.g., Chemed’s $450M facility), which supports non‑interest income streams. Chemed Corporation Announces a Five-Year $450 Million Amended and Restated Credit Agreement
- Neutral Sentiment: JPMorgan is heading into Q1 earnings (reporting April 14) with traders pricing in a multi‑percent move; prior beats give confidence but results will be a near‑term volatility catalyst. Here’s How Much JPMorgan Chase Stock Is Expected to Move After Earnings
- Neutral Sentiment: JPMorgan and affiliates disclosed reductions/exits from substantial‑holder positions in a few Australian-listed names (Lynas, Nanosonics) — portfolio/housekeeping moves that are not material to JPM’s core franchise but are being reported. JPMorgan Group Drops Below Substantial Holding in Lynas Rare Earths
- Neutral Sentiment: Market commentators and outlets are comparing JPM to peers (MS, GS) ahead of bank reporting — useful framing but not a direct driver unless JPM’s results deviate. JPM or MS: Which Stock Looks More Compelling Ahead of Q1 Earnings?
- Negative Sentiment: JPMorgan analysts warn that crude oil topping $104 could push fuel/gas prices sharply higher, a development that risks consumer strain and credit deterioration if sustained. This macro risk is a potential headwind for bank loan performance. Fuel Costs Poised for Sharp Increase as Crude Crosses $104 Mark
- Negative Sentiment: CEO Jamie Dimon has emphasized risks ahead of earnings, a cautious tone that can temper upside if management flags higher loan-loss provisioning or softer consumer trends. JPMorgan CEO Jamie Dimon Weighs Risks Ahead Of Earnings
JPMorgan Chase & Co. Price Performance
Shares of JPM opened at $313.30 on Tuesday. JPMorgan Chase & Co. has a fifty-two week low of $226.34 and a fifty-two week high of $337.25. The company has a market capitalization of $840.34 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 1.54 and a beta of 1.05. The firm has a 50-day simple moving average of $299.20 and a 200-day simple moving average of $306.81. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.85 and a current ratio of 0.85.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share for the quarter, topping the consensus estimate of $4.93 by $0.30. JPMorgan Chase & Co. had a net margin of 20.35% and a return on equity of 17.16%. The business had revenue of $45.80 billion during the quarter, compared to the consensus estimate of $45.98 billion. During the same quarter in the prior year, the firm earned $4.81 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. On average, equities research analysts anticipate that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.
JPMorgan Chase & Co. Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Monday, April 6th will be paid a dividend of $1.50 per share. The ex-dividend date is Monday, April 6th. This represents a $6.00 annualized dividend and a dividend yield of 1.9%. JPMorgan Chase & Co.’s dividend payout ratio is 29.99%.
About JPMorgan Chase & Co.
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.
Further Reading
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