Campbell Wealth Administration lessened its place in JPMorgan Chase & Co. (NYSE:JPM) by 8.7% within the third quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The agency owned 1,889 shares of the monetary providers supplier’s inventory after promoting 181 shares throughout the interval. Campbell Wealth Administration’s holdings in JPMorgan Chase & Co. have been price $398,000 on the finish of the latest quarter.
Different institutional traders have additionally just lately purchased and offered shares of the corporate. Retirement Group LLC boosted its holdings in shares of JPMorgan Chase & Co. by 227.1% throughout the first quarter. Retirement Group LLC now owns 157 shares of the monetary providers supplier’s inventory price $31,000 after buying an extra 109 shares throughout the interval. Fairway Wealth LLC acquired a brand new stake in JPMorgan Chase & Co. throughout the 2nd quarter price roughly $32,000. Anfield Capital Administration LLC purchased a brand new stake in JPMorgan Chase & Co. within the 2nd quarter valued at $34,000. Davidson Capital Administration Inc. acquired a brand new place in JPMorgan Chase & Co. within the 1st quarter valued at $37,000. Lastly, West Monetary Advisors LLC purchased a brand new place in JPMorgan Chase & Co. throughout the third quarter price $37,000. Institutional traders and hedge funds personal 71.55% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Quite a lot of equities analysis analysts have just lately issued stories on the inventory. Wolfe Analysis lower shares of JPMorgan Chase & Co. from an “outperform” ranking to a “peer carry out” ranking in a analysis report on Monday, July eighth. Piper Sandler elevated their goal value on shares of JPMorgan Chase & Co. from $220.00 to $230.00 and gave the inventory an “obese” ranking in a analysis report on Monday, July fifteenth. Barclays lifted their value goal on shares of JPMorgan Chase & Co. from $217.00 to $257.00 and gave the corporate an “obese” ranking in a analysis report on Monday, October 14th. BMO Capital Markets elevated their value goal on JPMorgan Chase & Co. from $195.00 to $205.00 and gave the inventory a “market carry out” ranking in a analysis report on Thursday, July eleventh. Lastly, Wells Fargo & Firm lifted their value goal on JPMorgan Chase & Co. from $220.00 to $225.00 and gave the corporate an “obese” ranking in a report on Monday, July fifteenth. Eight funding analysts have rated the inventory with a maintain ranking and eleven have issued a purchase ranking to the corporate’s inventory. In keeping with MarketBeat.com, the inventory has a mean ranking of “Reasonable Purchase” and a mean value goal of $222.81.
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JPMorgan Chase & Co. Buying and selling Down 1.4 %
JPM opened at $219.78 on Tuesday. The corporate has a market cap of $618.76 billion, a P/E ratio of 12.23, a PEG ratio of three.24 and a beta of 1.10. The corporate has a present ratio of 0.89, a fast ratio of 0.91 and a debt-to-equity ratio of 1.27. The corporate’s 50 day transferring common is $216.17 and its 200-day transferring common is $207.18. JPMorgan Chase & Co. has a 1-year low of $142.79 and a 1-year excessive of $226.75.
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 for the quarter, topping analysts’ consensus estimates 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 agency had income of $43.32 billion for the quarter, in comparison with analysts’ expectations of $41.43 billion. Throughout the identical quarter within the earlier yr, the agency posted $4.33 earnings per share. The corporate’s income was up 6.5% on a year-over-year foundation. Equities analysis analysts predict that JPMorgan Chase & Co. will publish 17.52 earnings per share for the present fiscal yr.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally just lately introduced a quarterly dividend, which was paid on Thursday, October thirty first. Shareholders of file on Friday, October 4th got a $1.25 dividend. The ex-dividend date was Friday, October 4th. This is a rise from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. This represents a $5.00 annualized dividend and a yield of two.28%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is at the moment 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 & Neighborhood 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.
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