Twin Peaks Wealth Advisors LLC grew its place in shares of JPMorgan Chase & Co. (NYSE:JPM) by 11.3% within the third quarter, HoldingsChannel.com stories. The fund owned 2,124 shares of the monetary companies supplier’s inventory after buying a further 215 shares in the course of the interval. Twin Peaks Wealth Advisors LLC’s holdings in JPMorgan Chase & Co. had been value $448,000 on the finish of the newest quarter.
Different institutional buyers and hedge funds additionally just lately added to or lowered their stakes within the firm. Retirement Group LLC elevated its stake in JPMorgan Chase & Co. by 227.1% in the course of the first quarter. Retirement Group LLC now owns 157 shares of the monetary companies supplier’s inventory value $31,000 after buying a further 109 shares over the past quarter. Fairway Wealth LLC acquired a brand new stake in shares of JPMorgan Chase & Co. within the second quarter valued at about $32,000. Anfield Capital Administration LLC acquired a brand new stake in shares of JPMorgan Chase & Co. within the second quarter valued at about $34,000. West Monetary Advisors LLC acquired a brand new stake in shares of JPMorgan Chase & Co. within the third quarter valued at about $37,000. Lastly, Davidson Capital Administration Inc. acquired a brand new stake in shares of JPMorgan Chase & Co. within the first quarter valued at about $37,000. 71.55% of the inventory is at present owned by institutional buyers and hedge funds.
JPMorgan Chase & Co. Buying and selling Up 0.5 %
NYSE:JPM opened at $222.94 on Friday. The corporate has a fast ratio of 0.91, a present ratio of 0.89 and a debt-to-equity ratio of 1.27. The enterprise’s 50 day shifting common is $216.15 and its two-hundred day shifting common is $206.72. JPMorgan Chase & Co. has a 52 week low of $139.23 and a 52 week excessive of $226.75. The corporate has a market cap of $627.65 billion, a PE ratio of 12.41, a P/E/G ratio of three.28 and a beta of 1.10.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final introduced its quarterly earnings outcomes on Friday, October eleventh. The monetary companies supplier reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $4.02 by $0.35. The enterprise 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 web margin of 19.64%. The enterprise’s quarterly income was up 6.5% on a year-over-year foundation. Throughout the identical interval within the prior yr, the agency earned $4.33 EPS. On common, analysts predict that JPMorgan Chase & Co. will put up 17.52 EPS for the present yr.
JPMorgan Chase & Co. Will increase Dividend
The enterprise additionally just lately declared a quarterly dividend, which was paid on Thursday, October thirty first. Stockholders of report on Friday, October 4th got a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized foundation and a dividend yield of two.24%. It is a increase from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. The ex-dividend date of this dividend was Friday, October 4th. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.82%.
Analysts Set New Worth Targets
Plenty of equities analysis analysts have just lately issued stories on the corporate. Wolfe Analysis lowered JPMorgan Chase & Co. from an “outperform” score to a “peer carry out” score in a analysis observe on Monday, July eighth. Keefe, Bruyette & Woods elevated their goal value on JPMorgan Chase & Co. from $209.00 to $211.00 and gave the corporate a “market carry out” score in a analysis observe on Tuesday, July ninth. BMO Capital Markets elevated their goal value on JPMorgan Chase & Co. from $195.00 to $205.00 and gave the corporate a “market carry out” score in a analysis observe on Thursday, July eleventh. Wells Fargo & Firm elevated their goal value on JPMorgan Chase & Co. from $220.00 to $225.00 and gave the corporate an “chubby” score in a analysis observe on Monday, July fifteenth. Lastly, Royal Financial institution of Canada elevated their value goal on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the corporate an “outperform” score in a report on Monday, October 14th. Eight analysts have rated the inventory with a maintain score and eleven have assigned a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat, JPMorgan Chase & Co. has a mean score of “Reasonable Purchase” and a mean goal value of $222.81.
Get Our Newest Evaluation on JPMorgan Chase & Co.
JPMorgan Chase & Co. Profile
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates via 4 segments: Client & Group Banking (CCB), Company & Funding Financial institution (CIB), Business Banking (CB), and Asset & Wealth Administration (AWM). The CCB phase gives 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 customers and small companies via financial institution branches, ATMs, and digital and phone banking.
See Additionally
Need to see what different hedge funds are holding JPM? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).
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