Planning Capital Administration Corp decreased its holdings in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 37.0% within the third quarter, in accordance with its most up-to-date disclosure with the Securities & Alternate Fee. The institutional investor owned 1,846 shares of the monetary companies supplier’s inventory after promoting 1,086 shares through the interval. Planning Capital Administration Corp’s holdings in JPMorgan Chase & Co. had been value $389,000 as of its most up-to-date submitting with the Securities & Alternate Fee.
A lot of different hedge funds have additionally not too long ago made modifications to their positions within the inventory. Mizuho Securities Co. Ltd. acquired a brand new stake in shares of JPMorgan Chase & Co. within the third quarter value $25,000. Catalyst Capital Advisors LLC bought a brand new stake in JPMorgan Chase & Co. within the third quarter valued at about $27,000. Fairway Wealth LLC acquired a brand new stake in JPMorgan Chase & Co. within the second quarter value about $32,000. Anfield Capital Administration LLC bought a brand new stake in shares of JPMorgan Chase & Co. through the second quarter value about $34,000. Lastly, West Monetary Advisors LLC bought a brand new stake in shares of JPMorgan Chase & Co. through the third quarter value about $37,000. 71.55% of the inventory is at the moment owned by hedge funds and different institutional traders.
Wall Road Analysts Forecast Progress
A lot of analysis companies not too long ago commented on JPM. Morgan Stanley minimize shares of JPMorgan Chase & Co. from an “chubby” score to an “equal weight” score and lifted their goal value for the inventory from $220.00 to $224.00 in a analysis be aware on Monday, September thirtieth. Baird R W downgraded shares of JPMorgan Chase & Co. from a “maintain” score to a “sturdy promote” score in a analysis be aware on Thursday, November seventh. Evercore ISI raised their goal value on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the inventory an “outperform” score in a analysis be aware on Monday, October 14th. Daiwa Capital Markets minimize their value goal on shares of JPMorgan Chase & Co. from $240.00 to $235.00 and set an “chubby” score on the inventory in a analysis be aware on Thursday, October tenth. Lastly, Oppenheimer boosted their goal value on shares of JPMorgan Chase & Co. from $232.00 to $241.00 and gave the corporate an “outperform” score in a analysis report on Tuesday, November fifth. Two funding analysts have rated the inventory with a promote score, seven have issued a maintain score and eleven have issued a purchase score to the inventory. In keeping with information from MarketBeat.com, JPMorgan Chase & Co. has a consensus score of “Maintain” and a consensus value goal of $227.13.
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JPMorgan Chase & Co. Inventory Efficiency
NYSE JPM opened at $245.18 on Tuesday. The inventory has a market capitalization of $690.27 billion, a price-to-earnings ratio of 13.64, a PEG ratio of three.56 and a beta of 1.10. The inventory has a 50-day transferring common of $220.06 and a 200 day transferring common of $210.55. The corporate has a present ratio of 0.89, a fast ratio of 0.89 and a debt-to-equity ratio of 1.27. JPMorgan Chase & Co. has a twelve month low of $151.92 and a twelve month excessive of $248.00.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final introduced its earnings outcomes on Friday, October eleventh. The monetary companies supplier reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.35. JPMorgan Chase & Co. had a return on fairness of 16.71% and a web margin of 19.64%. The enterprise had income of $43.32 billion through the quarter, in comparison with the consensus estimate of $41.43 billion. Throughout the identical interval within the prior yr, the corporate posted $4.33 EPS. The enterprise’s quarterly income was up 6.5% on a year-over-year foundation. Promote-side analysts anticipate that JPMorgan Chase & Co. will publish 17.62 EPS for the present fiscal yr.
JPMorgan Chase & Co. Will increase Dividend
The enterprise additionally not too long ago disclosed a quarterly dividend, which was paid on Thursday, October thirty first. Shareholders of document on Friday, October 4th had been issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of two.04%. This is a rise from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. The ex-dividend date was Friday, October 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.82%.
JPMorgan Chase & Co. Profile
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates via 4 segments: Shopper & Neighborhood Banking (CCB), Company & Funding Financial institution (CIB), Industrial 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 customers and small companies via financial institution branches, ATMs, and digital and phone banking.
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