BCM Advisors LLC raised its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 382.1% through the third quarter, in keeping with the corporate in its most up-to-date Type 13F submitting with the Securities and Alternate Fee. The fund owned 6,099 shares of the monetary companies supplier’s inventory after buying a further 4,834 shares through the interval. BCM Advisors LLC’s holdings in JPMorgan Chase & Co. had been price $1,340,000 as of its most up-to-date SEC submitting.
Different institutional traders have additionally just lately modified their holdings of the corporate. Capital Worldwide Buyers boosted its place in shares of JPMorgan Chase & Co. by 1.9% through the first quarter. Capital Worldwide Buyers now owns 42,294,992 shares of the monetary companies supplier’s inventory valued at $8,471,687,000 after shopping for a further 778,297 shares over the past quarter. Capital World Buyers boosted its place in shares of JPMorgan Chase & Co. by 0.4% through the first quarter. Capital World Buyers now owns 34,422,011 shares of the monetary companies supplier’s inventory valued at $6,894,729,000 after shopping for a further 150,812 shares over the past quarter. Dimensional Fund Advisors LP boosted its place in shares of JPMorgan Chase & Co. by 4.8% through the second quarter. Dimensional Fund Advisors LP now owns 22,696,963 shares of the monetary companies supplier’s inventory valued at $4,590,412,000 after shopping for a further 1,040,594 shares over the past quarter. Capital Analysis World Buyers boosted its place in shares of JPMorgan Chase & Co. by 23.3% through the first quarter. Capital Analysis World Buyers now owns 17,200,124 shares of the monetary companies supplier’s inventory valued at $3,445,185,000 after shopping for a further 3,252,451 shares over the past quarter. Lastly, Worldwide Property Funding Administration LLC bought a brand new stake in shares of JPMorgan Chase & Co. through the third quarter valued at $1,888,088,000. 71.55% of the inventory is owned by hedge funds and different institutional traders.
Wall Road Analysts Forecast Progress
A number of analysis corporations just lately commented on JPM. Daiwa Capital Markets dropped their value goal on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “chubby” score on the inventory in a analysis report on Thursday, October tenth. Royal Financial institution of Canada elevated their goal value on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the corporate an “outperform” score in a report on Monday, October 14th. Morgan Stanley downgraded JPMorgan Chase & Co. from an “chubby” score to an “equal weight” score and elevated their goal value for the corporate from $220.00 to $224.00 in a report on Monday, September thirtieth. Evercore ISI elevated their goal value on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the corporate an “outperform” score in a report on Monday, October 14th. Lastly, Robert W. Baird downgraded JPMorgan Chase & Co. from a “impartial” score to an “underperform” score and set a $200.00 goal value on the inventory. in a report on Thursday, November seventh. Two analysts have rated the inventory with a promote score, seven have issued a maintain score and eleven have given a purchase score to the inventory. Based on MarketBeat.com, the corporate has a consensus score of “Maintain” and a consensus value goal of $227.13.
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JPMorgan Chase & Co. Inventory Down 0.1 %
NYSE JPM opened at $245.18 on Tuesday. The inventory’s 50-day transferring common value is $220.06 and its 200-day transferring common value is $210.55. The corporate has a fast ratio of 0.89, a present ratio of 0.89 and a debt-to-equity ratio of 1.27. JPMorgan Chase & Co. has a 52 week low of $151.92 and a 52 week excessive of $248.00. The corporate has a market capitalization of $690.27 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of three.56 and a beta of 1.10.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final issued its earnings outcomes on Friday, October eleventh. The monetary companies supplier reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.02 by $0.35. The corporate had income of $43.32 billion for the quarter, in comparison with the consensus estimate of $41.43 billion. JPMorgan Chase & Co. had a return on fairness of 16.71% and a web margin of 19.64%. The agency’s quarterly income was up 6.5% on a year-over-year foundation. Throughout the identical quarter final yr, the corporate earned $4.33 EPS. On common, equities analysis analysts predict that JPMorgan Chase & Co. will put up 17.62 earnings per share for the present yr.
JPMorgan Chase & Co. Will increase Dividend
The agency additionally just lately introduced a quarterly dividend, which was paid on Thursday, October thirty first. Buyers of file on Friday, October 4th had been paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of two.04%. The ex-dividend date of this dividend 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 (DPR) is 27.82%.
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates by means of 4 segments: Client & Neighborhood Banking (CCB), Company & Funding Financial institution (CIB), Business Banking (CB), and Asset & Wealth Administration (AWM). The CCB phase 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 customers and small companies by means of financial institution branches, ATMs, and digital and phone banking.
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