Cantor Fitzgerald Funding Advisors L.P. boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 1.4% in the course of the third quarter, in response to the corporate in its most up-to-date disclosure with the SEC. The institutional investor owned 112,975 shares of the monetary providers supplier’s inventory after buying a further 1,556 shares in the course of the quarter. JPMorgan Chase & Co. makes up roughly 1.6% of Cantor Fitzgerald Funding Advisors L.P.’s portfolio, making the inventory its tenth largest holding. Cantor Fitzgerald Funding Advisors L.P.’s holdings in JPMorgan Chase & Co. had been value $23,822,000 on the finish of the newest quarter.
Different institutional buyers have additionally not too long ago added to or decreased their stakes within the firm. Smith Group Asset Administration LLC lifted its holdings in JPMorgan Chase & Co. by 2.1% within the third quarter. Smith Group Asset Administration LLC now owns 109,040 shares of the monetary providers supplier’s inventory value $22,992,000 after buying a further 2,254 shares over the past quarter. Pallas Capital Advisors LLC raised its place in shares of JPMorgan Chase & Co. by 3.9% within the third quarter. Pallas Capital Advisors LLC now owns 106,421 shares of the monetary providers supplier’s inventory valued at $23,943,000 after buying a further 3,952 shares in the course of the interval. Strategic Wealth Funding Group LLC lifted its stake in shares of JPMorgan Chase & Co. by 39.5% within the third quarter. Strategic Wealth Funding Group LLC now owns 101,648 shares of the monetary providers supplier’s inventory value $21,045,000 after shopping for a further 28,780 shares over the past quarter. Orrstown Monetary Providers Inc. boosted its holdings in shares of JPMorgan Chase & Co. by 69.7% in the course of the third quarter. Orrstown Monetary Providers Inc. now owns 11,143 shares of the monetary providers supplier’s inventory value $2,350,000 after shopping for a further 4,576 shares in the course of the interval. Lastly, Autumn Glory Companions LLC grew its stake in JPMorgan Chase & Co. by 22.5% within the third quarter. Autumn Glory Companions LLC now owns 12,456 shares of the monetary providers supplier’s inventory valued at $2,629,000 after shopping for a further 2,284 shares over the past quarter. 71.55% of the inventory is at the moment owned by institutional buyers and hedge funds.
Wall Avenue Analyst Weigh In
A lot of analysis analysts have weighed in on the inventory. Wells Fargo & Firm boosted their goal worth on shares of JPMorgan Chase & Co. from $220.00 to $225.00 and gave the inventory an “obese” score in a analysis report on Monday, July fifteenth. Wolfe Analysis downgraded JPMorgan Chase & Co. from an “outperform” score to a “peer carry out” score in a analysis be aware on Monday, July eighth. Royal Financial institution of Canada lifted their worth goal on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the inventory an “outperform” score in a analysis report on Monday, October 14th. Daiwa Capital Markets decreased their worth goal on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “obese” score for the corporate in a analysis report on Thursday, October tenth. Lastly, Barclays boosted their goal worth on shares of JPMorgan Chase & Co. from $217.00 to $257.00 and gave the inventory an “obese” score in a analysis report on Monday, October 14th. 9 funding analysts have rated the inventory with a maintain score and eleven have given a purchase score to the inventory. Based on information from MarketBeat, JPMorgan Chase & Co. presently has a mean score of “Reasonable Purchase” and a consensus goal worth of $217.94.
Learn Our Newest Evaluation on JPMorgan Chase & Co.
JPMorgan Chase & Co. Inventory Efficiency
Shares of NYSE:JPM opened at $222.94 on Friday. The corporate has a debt-to-equity ratio of 1.27, a present ratio of 0.89 and a fast ratio of 0.91. The enterprise’s fifty day transferring common worth is $216.15 and its two-hundred day transferring common worth is $206.54. JPMorgan Chase & Co. has a fifty-two week low of $139.23 and a fifty-two week excessive of $226.75. The inventory has a market capitalization of $634.30 billion, a price-to-earnings ratio of 12.41, a price-to-earnings-growth ratio of three.28 and a beta of 1.11.
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 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 quarter within the prior yr, the agency earned $4.33 EPS. The agency’s quarterly income was up 6.5% in comparison with the identical quarter final yr. As a bunch, analysts predict that JPMorgan Chase & Co. will submit 17.52 EPS for the present fiscal 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. Stockholders of report on Friday, October 4th had been issued a dividend of $1.25 per share. This can be a optimistic 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 dividend yield of two.24%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.82%.
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary providers firm worldwide. It operates by way of 4 segments: Shopper & Neighborhood Banking (CCB), Company & Funding Financial institution (CIB), Industrial Banking (CB), and Asset & Wealth Administration (AWM). The CCB phase gives 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 shoppers and small companies by way of financial institution branches, ATMs, and digital and phone banking.
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