Panorama Capital Administration L.L.C. elevated its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 12.7% within the third quarter, based on the corporate in its most up-to-date submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 21,717 shares of the monetary providers supplier’s inventory after buying an extra 2,442 shares throughout the quarter. Panorama Capital Administration L.L.C.’s holdings in JPMorgan Chase & Co. had been value $4,579,000 as of its most up-to-date submitting with the Securities and Alternate Fee (SEC).
Various different massive buyers additionally just lately purchased and bought shares of JPM. Mizuho Securities Co. Ltd. purchased a brand new stake in JPMorgan Chase & Co. within the third quarter value $25,000. Catalyst Capital Advisors LLC bought a brand new place in shares of JPMorgan Chase & Co. within the third quarter value about $27,000. Fairway Wealth LLC purchased a brand new place in JPMorgan Chase & Co. within the 2nd quarter value about $32,000. Anfield Capital Administration LLC bought a brand new stake in JPMorgan Chase & Co. throughout the 2nd quarter valued at about $34,000. Lastly, West Monetary Advisors LLC bought a brand new stake in JPMorgan Chase & Co. throughout the third quarter valued at about $37,000. 71.55% of the inventory is owned by hedge funds and different institutional buyers.
Analysts Set New Value Targets
A number of analysis analysts have just lately issued stories on JPM shares. Morgan Stanley downgraded shares of JPMorgan Chase & Co. from an “obese” score to an “equal weight” score and upped their goal worth for the inventory from $220.00 to $224.00 in a analysis observe on Monday, September thirtieth. Deutsche Financial institution Aktiengesellschaft reaffirmed a “maintain” score and issued a $235.00 worth goal on shares of JPMorgan Chase & Co. in a analysis report on Tuesday, September third. Citigroup lifted their goal worth on JPMorgan Chase & Co. from $215.00 to $250.00 and gave the inventory a “impartial” score in a report on Tuesday, November nineteenth. Oppenheimer downgraded JPMorgan Chase & Co. from an “outperform” score to a “market carry out” score in a report on Wednesday, November twentieth. Lastly, Daiwa Capital Markets dropped their worth goal on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “obese” score on the inventory in a analysis report on Thursday, October tenth. Two equities analysis analysts have rated the inventory with a promote score, eight have assigned a maintain score and ten have issued a purchase score to the corporate. Primarily based on information from MarketBeat, JPMorgan Chase & Co. at present has a median score of “Maintain” and a median goal worth of $229.31.
Get Our Newest Inventory Report on JPMorgan Chase & Co.
JPMorgan Chase & Co. Inventory Up 1.5 %
JPM opened at $248.55 on Monday. The agency’s 50 day easy transferring common is $223.14 and its two-hundred day easy transferring common is $212.01. The corporate has a market capitalization of $699.75 billion, a PE ratio of 13.83, a PEG ratio of three.55 and a beta of 1.10. JPMorgan Chase & Co. has a 1-year low of $152.71 and a 1-year excessive of $249.15. 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. (NYSE:JPM – Get Free Report) final posted its quarterly earnings information on Friday, October eleventh. The monetary providers supplier reported $4.37 EPS for the quarter, topping the consensus estimate of $4.02 by $0.35. The agency had income of $43.32 billion throughout the quarter, in comparison with analyst estimates of $41.43 billion. JPMorgan Chase & Co. had a return on fairness of 16.71% and a web margin of 19.64%. JPMorgan Chase & Co.’s income was up 6.5% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the enterprise posted $4.33 EPS. As a gaggle, equities analysts forecast that JPMorgan Chase & Co. will put up 17.62 EPS for the present 12 months.
JPMorgan Chase & Co. Will increase Dividend
The enterprise additionally just lately disclosed 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. It is a increase from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. This represents a $5.00 dividend on an annualized foundation and a dividend yield of two.01%. The ex-dividend date of this dividend was Friday, October 4th. JPMorgan Chase & Co.’s payout ratio is presently 27.82%.
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary providers firm worldwide. It operates by means of 4 segments: Shopper & 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 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 means of financial institution branches, ATMs, and digital and phone banking.
Featured Tales
Wish 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).
Obtain Information & Scores for JPMorgan Chase & Co. Day by day – Enter your e-mail deal with under to obtain a concise day by day abstract of the most recent information and analysts’ rankings for JPMorgan Chase & Co. and associated firms with MarketBeat.com’s FREE day by day e-mail e-newsletter.
