Hilton Capital Administration LLC lifted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.8% within the third quarter, based on its most up-to-date 13F submitting with the SEC. The institutional investor owned 42,494 shares of the monetary companies supplier’s inventory after shopping for a further 317 shares through the interval. Hilton Capital Administration LLC’s holdings in JPMorgan Chase & Co. have been value $8,960,000 as of its most up-to-date submitting with the SEC.
Different institutional traders and hedge funds have additionally modified their holdings of the corporate. Mizuho Securities Co. Ltd. acquired a brand new stake in JPMorgan Chase & Co. within the third quarter valued at roughly $25,000. Catalyst Capital Advisors LLC purchased a brand new place in shares of JPMorgan Chase & Co. within the third quarter valued at $27,000. Fairway Wealth LLC purchased a brand new place in shares of JPMorgan Chase & Co. within the 2nd quarter valued at $32,000. Anfield Capital Administration LLC acquired a brand new stake in shares of JPMorgan Chase & Co. through the 2nd quarter valued at $34,000. Lastly, West Monetary Advisors LLC purchased a brand new stake in JPMorgan Chase & Co. through the third quarter value $37,000. 71.55% of the inventory is at present owned by institutional traders.
Analyst Upgrades and Downgrades
A number of analysis companies have commented on JPM. Barclays elevated their goal worth on JPMorgan Chase & Co. from $217.00 to $257.00 and gave the corporate an “obese” ranking in a analysis report on Monday, October 14th. Daiwa Capital Markets dropped their worth goal on shares of JPMorgan Chase & Co. from $240.00 to $235.00 and set an “obese” ranking for the corporate in a report on Thursday, October tenth. Oppenheimer lowered shares of JPMorgan Chase & Co. from an “outperform” ranking to a “market carry out” ranking in a report on Wednesday. Robert W. Baird downgraded shares of JPMorgan Chase & Co. from a “impartial” ranking to an “underperform” ranking and set a $200.00 worth goal for the corporate. in a analysis be aware on Thursday, November seventh. Lastly, Morgan Stanley lowered shares of JPMorgan Chase & Co. from an “obese” ranking to an “equal weight” ranking and lifted their worth goal for the inventory from $220.00 to $224.00 in a report on Monday, September thirtieth. Two analysis analysts have rated the inventory with a promote ranking, eight have given a maintain ranking and ten have given a purchase ranking to the corporate. In line with knowledge from MarketBeat, JPMorgan Chase & Co. at present has a consensus ranking of “Maintain” and a median worth goal of $229.31.
Examine Out Our Newest Inventory Report on JPMorgan Chase & Co.
JPMorgan Chase & Co. Value Efficiency
Shares of JPM opened at $248.55 on Friday. The agency has a market cap of $699.75 billion, a PE ratio of 13.83, a price-to-earnings-growth ratio of three.55 and a beta of 1.10. JPMorgan Chase & Co. has a 52-week low of $152.71 and a 52-week excessive of $249.15. The enterprise’s 50 day shifting common worth is $223.14 and its two-hundred day shifting common worth is $211.90. The corporate has a debt-to-equity ratio of 1.27, a fast ratio of 0.89 and a present ratio of 0.89.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final launched its earnings outcomes on Friday, October eleventh. The monetary companies supplier reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.35. The corporate had income of $43.32 billion for the quarter, in comparison with the consensus estimate of $41.43 billion. JPMorgan Chase & Co. had a web margin of 19.64% and a return on fairness of 16.71%. JPMorgan Chase & Co.’s quarterly income was up 6.5% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate earned $4.33 EPS. On common, equities analysts anticipate that JPMorgan Chase & Co. will submit 17.62 EPS for the present yr.
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 have been issued a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, October 4th. This represents a $5.00 annualized dividend and a dividend yield of two.01%. This can be a constructive change from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. JPMorgan Chase & Co.’s dividend payout ratio is at present 27.82%.
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary companies 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 companies; mortgage origination and servicing actions; residential mortgages and residential fairness loans; and bank cards, auto loans, leases, and journey companies to shoppers and small companies by way of financial institution branches, ATMs, and digital and phone banking.
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