Fiducient Advisors LLC lower its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 23.2% within the third quarter, in keeping with its most up-to-date Kind 13F submitting with the Securities & Alternate Fee. The fund owned 3,511 shares of the monetary companies supplier’s inventory after promoting 1,059 shares through the interval. Fiducient Advisors LLC’s holdings in JPMorgan Chase & Co. had been price $740,000 on the finish of the newest reporting interval.
Different institutional buyers and hedge funds have additionally lately modified their holdings of the corporate. JFS Wealth Advisors LLC lifted its place in JPMorgan Chase & Co. by 52.9% within the third quarter. JFS Wealth Advisors LLC now owns 7,981 shares of the monetary companies supplier’s inventory valued at $1,683,000 after buying a further 2,762 shares over the last quarter. SteelPeak Wealth LLC boosted its place in JPMorgan Chase & Co. by 1.2% through the third quarter. SteelPeak Wealth LLC now owns 68,264 shares of the monetary companies supplier’s inventory valued at $14,394,000 after shopping for a further 786 shares through the interval. Sunburst Monetary Group LLC boosted its place in JPMorgan Chase & Co. by 0.8% through the third quarter. Sunburst Monetary Group LLC now owns 5,696 shares of the monetary companies supplier’s inventory valued at $1,201,000 after shopping for a further 45 shares through the interval. Pinnacle Associates Ltd. grew its holdings in JPMorgan Chase & Co. by 4.7% within the third quarter. Pinnacle Associates Ltd. now owns 478,369 shares of the monetary companies supplier’s inventory price $100,869,000 after buying a further 21,355 shares over the last quarter. Lastly, Capstone Triton Monetary Group LLC elevated its place in shares of JPMorgan Chase & Co. by 4.2% within the third quarter. Capstone Triton Monetary Group LLC now owns 5,146 shares of the monetary companies supplier’s inventory valued at $1,085,000 after buying a further 209 shares through the interval. 71.55% of the inventory is owned by institutional buyers.
Analyst Upgrades and Downgrades
A number of analysis corporations lately issued reviews on JPM. Deutsche Financial institution Aktiengesellschaft reissued a “maintain” score and issued a $235.00 goal value on shares of JPMorgan Chase & Co. in a analysis word on Tuesday, September third. Wells Fargo & Firm upped their goal value on JPMorgan Chase & Co. from $220.00 to $225.00 and gave the corporate an “obese” score in a report on Monday, July fifteenth. Keefe, Bruyette & Woods lifted their value goal on shares of JPMorgan Chase & Co. from $209.00 to $211.00 and gave the corporate a “market carry out” score in a report on Tuesday, July ninth. Evercore ISI boosted their value goal on shares of JPMorgan Chase & Co. from $217.00 to $230.00 and gave the corporate an “outperform” score in a analysis report on Monday, October 14th. Lastly, Wolfe Analysis lower shares of JPMorgan Chase & Co. from an “outperform” score to a “peer carry out” score in a analysis report on Monday, July eighth. Eight analysts have rated the inventory with a maintain score and eleven have given a purchase score to the corporate’s inventory. Primarily based on information from MarketBeat.com, the corporate at present has a mean score of “Average Purchase” and a consensus goal value of $222.81.
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JPMorgan Chase & Co. Inventory Up 0.5 %
JPM inventory opened at $222.94 on Friday. The enterprise has a 50 day shifting common of $216.15 and a 200 day shifting common of $206.72. The agency has a market cap of $627.65 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of three.28 and a beta of 1.10. JPMorgan Chase & Co. has a twelve month low of $139.23 and a twelve month excessive of $226.75. The corporate has a fast ratio of 0.91, a present ratio of 0.89 and a debt-to-equity ratio of 1.27.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final launched its earnings outcomes on Friday, October eleventh. The monetary companies supplier reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $4.02 by $0.35. The agency had income of $43.32 billion for the quarter, in comparison with analysts’ expectations of $41.43 billion. JPMorgan Chase & Co. had a return on fairness of 16.71% and a internet margin of 19.64%. The corporate’s quarterly income was up 6.5% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the agency posted $4.33 earnings per share. On common, analysis analysts forecast that JPMorgan Chase & Co. will put up 17.52 EPS for the present fiscal 12 months.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally lately introduced a quarterly dividend, which was paid on Thursday, October thirty first. Stockholders of file on Friday, October 4th had been paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of two.24%. The ex-dividend date was Friday, October 4th. This is a rise from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. JPMorgan Chase & Co.’s dividend payout ratio is at present 27.82%.
About JPMorgan Chase & Co.
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates by way of 4 segments: Shopper & Neighborhood Banking (CCB), Company & Funding Financial institution (CIB), Business Banking (CB), and Asset & Wealth Administration (AWM). The CCB section presents deposit, funding and lending merchandise, money administration, and funds and companies; mortgage origination and servicing actions; residential mortgages and residential fairness loans; and bank cards, auto loans, leases, and journey companies to shoppers and small companies by way of financial institution branches, ATMs, and digital and phone banking.
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