Evolution Wealth Advisors LLC diminished its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 9.9% in the course of the third quarter, in line with its most up-to-date disclosure with the Securities and Trade Fee (SEC). The fund owned 4,838 shares of the monetary providers supplier’s inventory after promoting 530 shares in the course of the quarter. Evolution Wealth Advisors LLC’s holdings in JPMorgan Chase & Co. had been value $1,020,000 as of its most up-to-date SEC submitting.
A variety of different hedge funds and different institutional buyers have additionally added to or diminished their stakes in JPM. Mizuho Securities Co. Ltd. purchased a brand new place in JPMorgan Chase & Co. within the third quarter value about $25,000. Catalyst Capital Advisors LLC bought a brand new stake in shares of JPMorgan Chase & Co. within the third quarter valued at roughly $27,000. Fairway Wealth LLC purchased a brand new place in JPMorgan Chase & Co. within the second quarter value roughly $32,000. Anfield Capital Administration LLC bought a brand new place in JPMorgan Chase & Co. in the course of the 2nd quarter value $34,000. Lastly, West Monetary Advisors LLC purchased a brand new stake in shares of JPMorgan Chase & Co. within the third quarter valued at about $37,000. 71.55% of the inventory is at present owned by hedge funds and different institutional buyers.
JPMorgan Chase & Co. Value Efficiency
Shares of NYSE JPM opened at $240.78 on Thursday. The corporate has a debt-to-equity ratio of 1.27, a present ratio of 0.89 and a fast ratio of 0.89. The inventory has a market capitalization of $677.88 billion, a price-to-earnings ratio of 13.40, a PEG ratio of three.56 and a beta of 1.10. The agency’s 50 day easy transferring common is $221.48 and its 200-day easy transferring common is $211.13. JPMorgan Chase & Co. has a 12 month low of $152.57 and a 12 month excessive of $248.00.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final posted its earnings outcomes on Friday, October eleventh. The monetary providers 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 web margin of 19.64% and a return on fairness of 16.71%. The enterprise had income of $43.32 billion for the quarter, in comparison with analyst estimates of $41.43 billion. Throughout the identical interval within the prior yr, the corporate posted $4.33 EPS. The corporate’s income for the quarter was up 6.5% on a year-over-year foundation. Analysts anticipate that JPMorgan Chase & Co. will put up 17.62 EPS for the present yr.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally not too long ago disclosed a quarterly dividend, which was paid on Thursday, October thirty first. Shareholders of file on Friday, October 4th had been paid a dividend of $1.25 per share. It is a constructive change from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. This represents a $5.00 annualized dividend and a yield of two.08%. The ex-dividend date of this dividend was Friday, October 4th. JPMorgan Chase & Co.’s payout ratio is 27.82%.
Wall Road Analysts Forecast Progress
A variety of equities analysis analysts not too long ago weighed in on the corporate. Baird R W downgraded JPMorgan Chase & Co. from a “maintain” score to a “robust promote” score in a analysis report on Thursday, November seventh. Robert W. Baird downgraded shares of JPMorgan Chase & Co. from a “impartial” score to an “underperform” score and set a $200.00 goal value for the corporate. in a analysis word on Thursday, November seventh. Evercore ISI upped their value goal on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the inventory an “outperform” score in a analysis report on Monday, October 14th. Barclays raised their value goal on JPMorgan Chase & Co. from $217.00 to $257.00 and gave the inventory an “obese” score in a analysis report on Monday, October 14th. Lastly, Citigroup upped their goal value on JPMorgan Chase & Co. from $215.00 to $250.00 and gave the corporate a “impartial” score in a analysis report on Tuesday. Two analysts have rated the inventory with a promote score, eight have assigned a maintain score and ten have given a purchase score to the corporate. Based mostly on knowledge from MarketBeat.com, the corporate has a median score of “Maintain” and a median value goal of $229.31.
View Our Newest Analysis Report on JPM
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary providers firm worldwide. It operates by way of 4 segments: Client & 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 providers; mortgage origination and servicing actions; residential mortgages and residential fairness loans; and bank cards, auto loans, leases, and journey providers to customers and small companies by way of financial institution branches, ATMs, and digital and phone banking.
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