Northcape Wealth Administration LLC reduce its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 1.4% within the third quarter, in accordance with the corporate in its most up-to-date Type 13F submitting with the Securities & Change Fee. The fund owned 20,574 shares of the monetary companies supplier’s inventory after promoting 291 shares throughout the quarter. JPMorgan Chase & Co. includes roughly 1.4% of Northcape Wealth Administration LLC’s holdings, making the inventory its twentieth largest holding. Northcape Wealth Administration LLC’s holdings in JPMorgan Chase & Co. had been value $4,338,000 on the finish of the newest reporting interval.
Different institutional buyers and hedge funds have additionally made adjustments to their positions within the firm. WFA Asset Administration Corp raised its holdings in shares of JPMorgan Chase & Co. by 51.2% within the first quarter. WFA Asset Administration Corp now owns 1,216 shares of the monetary companies supplier’s inventory valued at $244,000 after buying an extra 412 shares within the final quarter. China Common Asset Administration Co. Ltd. bought a brand new place in JPMorgan Chase & Co. within the first quarter valued at about $1,185,000. Hoey Investments Inc. grew its stake in JPMorgan Chase & Co. by 5.9% within the first quarter. Hoey Investments Inc. now owns 22,378 shares of the monetary companies supplier’s inventory valued at $4,482,000 after buying an extra 1,247 shares over the past quarter. Cumberland Companions Ltd bought a brand new stake in shares of JPMorgan Chase & Co. throughout the first quarter value about $445,000. Lastly, Wintrust Investments LLC grew its stake in shares of JPMorgan Chase & Co. by 0.6% throughout the first quarter. Wintrust Investments LLC now owns 47,661 shares of the monetary companies supplier’s inventory value $9,547,000 after buying an extra 266 shares over the past quarter. 71.55% of the inventory is at the moment owned by institutional buyers.
JPMorgan Chase & Co. Inventory Efficiency
NYSE JPM opened at $243.03 on Wednesday. The inventory has a market cap of $684.21 billion, a PE ratio of 13.52, a P/E/G ratio of three.56 and a beta of 1.10. 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. The inventory has a fifty day easy transferring common of $220.81 and a 200-day easy transferring common of $210.92.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final posted its earnings outcomes on Friday, October eleventh. The monetary companies supplier reported $4.37 earnings per share (EPS) 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 internet margin of 19.64%. The agency had income of $43.32 billion for the quarter, in comparison with analyst estimates of $41.43 billion. Throughout the identical quarter within the prior yr, the corporate earned $4.33 EPS. JPMorgan Chase & Co.’s income was up 6.5% on a year-over-year foundation. Equities analysts anticipate that JPMorgan Chase & Co. will put up 17.62 earnings per share for the present yr.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally just lately introduced a quarterly dividend, which was paid on Thursday, October thirty first. Traders of report on Friday, October 4th had been paid a dividend of $1.25 per share. This can be a constructive change from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. The ex-dividend date of this dividend was Friday, October 4th. This represents a $5.00 annualized dividend and a yield of two.06%. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.82%.
Wall Road Analysts Forecast Progress
Numerous equities analysis analysts have just lately weighed in on the corporate. Morgan Stanley lowered JPMorgan Chase & Co. from an “chubby” ranking to an “equal weight” ranking and boosted their worth goal for the inventory from $220.00 to $224.00 in a analysis word on Monday, September thirtieth. Royal Financial institution of Canada boosted their worth goal on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the corporate an “outperform” ranking in a report on Monday, October 14th. Baird R W downgraded JPMorgan Chase & Co. from a “maintain” ranking to a “robust promote” ranking in a analysis word on Thursday, November seventh. Barclays upped their goal worth on JPMorgan Chase & Co. from $217.00 to $257.00 and gave the inventory an “chubby” ranking in a analysis word on Monday, October 14th. Lastly, Deutsche Financial institution Aktiengesellschaft reiterated a “maintain” ranking and set a $235.00 worth goal on shares of JPMorgan Chase & Co. in a analysis report on Tuesday, September third. Two analysis analysts have rated the inventory with a promote ranking, seven have issued a maintain ranking and eleven have given a purchase ranking to the inventory. In response to MarketBeat, JPMorgan Chase & Co. presently has a consensus ranking of “Maintain” and a consensus worth goal of $229.31.
Test Out Our Newest Inventory Evaluation on JPM
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates by means of 4 segments: Client & Group Banking (CCB), Company & Funding Financial institution (CIB), Industrial Banking (CB), and Asset & Wealth Administration (AWM). The CCB section affords 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 means of financial institution branches, ATMs, and digital and phone banking.
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