Donaldson Capital Administration LLC grew its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 1.0% within the third quarter, based on the corporate in its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The institutional investor owned 339,481 shares of the monetary providers supplier’s inventory after shopping for a further 3,495 shares throughout the interval. JPMorgan Chase & Co. makes up about 2.8% of Donaldson Capital Administration LLC’s holdings, making the inventory its eleventh largest holding. Donaldson Capital Administration LLC’s holdings in JPMorgan Chase & Co. have been price $71,583,000 as of its most up-to-date submitting with the Securities and Change Fee (SEC).
A variety of different hedge funds and different institutional buyers have additionally purchased and offered shares of the inventory. Retirement Group LLC raised its holdings in shares of JPMorgan Chase & Co. by 227.1% throughout the 1st quarter. Retirement Group LLC now owns 157 shares of the monetary providers supplier’s inventory valued at $31,000 after shopping for a further 109 shares within the final quarter. Fairway Wealth LLC purchased a brand new place in JPMorgan Chase & Co. throughout the second quarter valued at roughly $32,000. Anfield Capital Administration LLC bought a brand new place in shares of JPMorgan Chase & Co. throughout the second quarter price roughly $34,000. West Monetary Advisors LLC purchased a brand new stake in shares of JPMorgan Chase & Co. within the third quarter price roughly $37,000. Lastly, Davidson Capital Administration Inc. bought a brand new stake in shares of JPMorgan Chase & Co. within the 1st quarter valued at $37,000. Hedge funds and different institutional buyers personal 71.55% of the corporate’s inventory.
JPMorgan Chase & Co. Inventory Efficiency
Shares of JPM opened at $247.06 on Thursday. The corporate has a fast ratio of 0.89, a present ratio of 0.89 and a debt-to-equity ratio of 1.27. The inventory has a market cap of $695.56 billion, a P/E ratio of 13.75, a P/E/G ratio of three.25 and a beta of 1.10. The enterprise’s 50 day shifting common value is $216.71 and its 200-day shifting common value is $207.71. JPMorgan Chase & Co. has a 52 week low of $142.82 and a 52 week excessive of $248.00.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final launched its earnings outcomes 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. JPMorgan Chase & Co. had a return on fairness of 16.71% and a internet margin of 19.64%. The enterprise had income of $43.32 billion for the quarter, in comparison with the consensus estimate of $41.43 billion. Throughout the identical interval within the earlier 12 months, the corporate posted $4.33 earnings per share. The corporate’s income for the quarter was up 6.5% in comparison with the identical quarter final 12 months. Equities analysis analysts anticipate that JPMorgan Chase & Co. will submit 17.52 earnings per share for the present fiscal 12 months.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally lately declared a quarterly dividend, which was paid on Thursday, October thirty first. Stockholders of report on Friday, October 4th have been issued a dividend of $1.25 per share. This can be a increase from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. The ex-dividend date was Friday, October 4th. This represents a $5.00 dividend on an annualized foundation and a dividend yield of two.02%. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.82%.
Analyst Scores Adjustments
A variety of brokerages lately commented on JPM. Barclays lifted their goal value on shares of JPMorgan Chase & Co. from $217.00 to $257.00 and gave the inventory an “chubby” ranking in a analysis report on Monday, October 14th. Evercore ISI boosted their goal value on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the corporate an “outperform” ranking in a analysis notice on Monday, October 14th. Royal Financial institution of Canada elevated their goal value on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the corporate an “outperform” ranking in a report on Monday, October 14th. Morgan Stanley lower JPMorgan Chase & Co. from an “chubby” ranking to an “equal weight” ranking and lifted their value goal for the inventory from $220.00 to $224.00 in a analysis notice on Monday, September thirtieth. Lastly, Citigroup raised their goal value on shares of JPMorgan Chase & Co. from $205.00 to $215.00 and gave the inventory a “impartial” ranking in a report on Monday, July fifteenth. Eight analysis analysts have rated the inventory with a maintain ranking and eleven have given a purchase ranking to the corporate’s inventory. Based on knowledge from MarketBeat, the corporate presently has a consensus ranking of “Reasonable Purchase” and a consensus goal value of $223.38.
Learn Our Newest Inventory Evaluation on JPM
JPMorgan Chase & Co. Profile
JPMorgan Chase & Co operates as a monetary providers firm worldwide. It operates via 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 via financial institution branches, ATMs, and digital and phone banking.
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