Americana Companions LLC lifted its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.9% in the course of the third quarter, in accordance with its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The fund owned 30,595 shares of the monetary companies supplier’s inventory after shopping for a further 268 shares in the course of the interval. Americana Companions LLC’s holdings in JPMorgan Chase & Co. had been price $6,451,000 on the finish of the newest quarter.
A number of different hedge funds and different institutional traders have additionally lately purchased and offered shares of the inventory. Capital Worldwide Buyers grew its place in shares of JPMorgan Chase & Co. by 1.9% in the course of the first quarter. Capital Worldwide Buyers now owns 42,294,992 shares of the monetary companies supplier’s inventory price $8,471,687,000 after buying a further 778,297 shares over the last quarter. Capital World Buyers boosted its stake in JPMorgan Chase & Co. by 0.4% in the course of the 1st quarter. Capital World Buyers now owns 34,422,011 shares of the monetary companies supplier’s inventory price $6,894,729,000 after buying a further 150,812 shares in the course of the interval. Dimensional Fund Advisors LP grew its place in JPMorgan Chase & Co. by 4.8% in the course of the 2nd quarter. Dimensional Fund Advisors LP now owns 22,696,963 shares of the monetary companies supplier’s inventory price $4,590,412,000 after buying a further 1,040,594 shares over the last quarter. Capital Analysis International Buyers boosted its stake in shares of JPMorgan Chase & Co. by 23.3% in the course of the first quarter. Capital Analysis International Buyers now owns 17,200,124 shares of the monetary companies supplier’s inventory price $3,445,185,000 after shopping for a further 3,252,451 shares in the course of the interval. Lastly, Worldwide Belongings Funding Administration LLC bought a brand new place in shares of JPMorgan Chase & Co. in the course of the third quarter price about $1,888,088,000. 71.55% of the inventory is at present owned by institutional traders and hedge funds.
JPMorgan Chase & Co. Inventory Down 1.4 %
JPMorgan Chase & Co. inventory opened at $219.78 on Tuesday. The corporate has a debt-to-equity ratio of 1.27, a fast ratio of 0.91 and a present ratio of 0.89. The inventory’s fifty day transferring common is $216.17 and its two-hundred day transferring common is $207.18. JPMorgan Chase & Co. has a fifty-two week low of $142.79 and a fifty-two week excessive of $226.75. The agency has a market capitalization of $618.76 billion, a price-to-earnings ratio of 12.23, a price-to-earnings-growth ratio of three.24 and a beta of 1.10.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final launched its quarterly 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. The corporate had income of $43.32 billion in the course of 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%. JPMorgan Chase & Co.’s income was up 6.5% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $4.33 earnings per share. Analysts predict that JPMorgan Chase & Co. will put up 17.52 EPS for the present fiscal 12 months.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally lately disclosed a quarterly dividend, which was paid on Thursday, October thirty first. Buyers of report on Friday, October 4th had been paid a dividend of $1.25 per share. This is a rise from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. The ex-dividend date was Friday, October 4th. This represents a $5.00 annualized dividend and a dividend yield of two.28%. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.82%.
Wall Road Analyst Weigh In
JPM has been the subject of a number of analyst studies. Barclays lifted their goal worth on JPMorgan Chase & Co. from $217.00 to $257.00 and gave the corporate an “chubby” ranking in a analysis observe on Monday, October 14th. Citigroup upped their worth goal on shares of JPMorgan Chase & Co. from $205.00 to $215.00 and gave the inventory a “impartial” ranking in a analysis report on Monday, July fifteenth. Piper Sandler lifted their goal worth on shares of JPMorgan Chase & Co. from $220.00 to $230.00 and gave the corporate an “chubby” ranking in a report on Monday, July fifteenth. Keefe, Bruyette & Woods elevated their worth goal on shares of JPMorgan Chase & Co. from $209.00 to $211.00 and gave the inventory a “market carry out” ranking in a report on Tuesday, July ninth. Lastly, Evercore ISI lifted their worth goal on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the corporate an “outperform” ranking in a report on Monday, October 14th. Eight equities analysis analysts have rated the inventory with a maintain ranking and eleven have given a purchase ranking to the corporate’s inventory. Based on MarketBeat.com, the inventory has a consensus ranking of “Reasonable Purchase” and a consensus worth goal of $222.81.
Learn Our Newest Evaluation on JPMorgan Chase & Co.
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates via 4 segments: Client & Neighborhood Banking (CCB), Company & Funding Financial institution (CIB), Business 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 customers and small companies via financial institution branches, ATMs, and digital and phone banking.
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