Arkansas Monetary Group Inc. diminished its stake in JPMorgan Chase & Co. (NYSE:JPM) by 5.8% within the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee. The agency owned 3,381 shares of the monetary providers supplier’s inventory after promoting 210 shares in the course of the interval. Arkansas Monetary Group Inc.’s holdings in JPMorgan Chase & Co. had been price $713,000 as of its most up-to-date submitting with the Securities and Change Fee.
A number of different institutional buyers and hedge funds have additionally made modifications to their positions in JPM. Harbor Funding Advisory LLC lifted its stake in JPMorgan Chase & Co. by 0.3% in the course of the third quarter. Harbor Funding Advisory LLC now owns 68,512 shares of the monetary providers supplier’s inventory valued at $14,446,000 after buying a further 202 shares over the last quarter. Mirador Capital Companions LP elevated its holdings in shares of JPMorgan Chase & Co. by 1.2% within the third quarter. Mirador Capital Companions LP now owns 54,519 shares of the monetary providers supplier’s inventory valued at $11,496,000 after shopping for a further 669 shares within the final quarter. Central Valley Advisors LLC lifted its place in shares of JPMorgan Chase & Co. by 0.7% in the course of the third quarter. Central Valley Advisors LLC now owns 23,102 shares of the monetary providers supplier’s inventory valued at $4,871,000 after buying a further 151 shares over the last quarter. jvl associates llc boosted its stake in shares of JPMorgan Chase & Co. by 6.5% in the course of the third quarter. jvl associates llc now owns 2,026 shares of the monetary providers supplier’s inventory price $427,000 after buying a further 124 shares within the final quarter. Lastly, HBW Advisory Providers LLC boosted its stake in shares of JPMorgan Chase & Co. by 2.2% in the course of the third quarter. HBW Advisory Providers LLC now owns 4,452 shares of the monetary providers supplier’s inventory price $939,000 after buying a further 97 shares within the final quarter. 71.55% of the inventory is presently owned by institutional buyers.
Analysts Set New Value Targets
JPM has been the subject of a number of latest analyst stories. StockNews.com upgraded JPMorgan Chase & Co. from a “promote” ranking to a “maintain” ranking in a report on Saturday, July thirteenth. Deutsche Financial institution Aktiengesellschaft restated a “maintain” ranking and issued a $235.00 value goal on shares of JPMorgan Chase & Co. in a analysis report on Tuesday, September third. Piper Sandler lifted their value goal 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. Jefferies Monetary Group boosted their goal value on shares of JPMorgan Chase & Co. from $230.00 to $239.00 and gave the corporate a “purchase” ranking in a analysis observe on Wednesday, July third. Lastly, Barclays raised their goal value on JPMorgan Chase & Co. from $212.00 to $217.00 and gave the inventory an “obese” ranking in a analysis report on Monday, July fifteenth. 9 analysts have rated the inventory with a maintain ranking and ten have issued a purchase ranking to the corporate’s inventory. In line with knowledge from MarketBeat, the inventory presently has a median ranking of “Average Purchase” and a consensus goal value of $212.13.
Learn Our Newest Inventory Report on JPMorgan Chase & Co.
JPMorgan Chase & Co. Inventory Up 3.5 %
NYSE JPM traded up $7.20 throughout buying and selling on Friday, reaching $211.22. The corporate’s inventory had a buying and selling quantity of 10,213,415 shares, in comparison with its common quantity of 9,148,031. The enterprise has a 50-day shifting common value of $211.30 and a 200-day shifting common value of $203.03. JPMorgan Chase & Co. has a 1-year low of $135.19 and a 1-year excessive of $225.48. The inventory has a market capitalization of $606.55 billion, a PE ratio of 11.78, a PEG ratio of two.39 and a beta of 1.11. The corporate has a present ratio of 0.91, a fast ratio of 0.91 and a debt-to-equity ratio of 1.24.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final launched its quarterly earnings knowledge on Friday, July twelfth. The monetary providers supplier reported $6.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.19 by $1.93. The enterprise had income of $50.80 billion in the course of the quarter, in comparison with analyst estimates of $42.23 billion. JPMorgan Chase & Co. had a web margin of 20.32% and a return on fairness of 17.26%. Throughout the identical quarter within the earlier yr, the enterprise earned $4.37 EPS. On common, analysis analysts forecast that JPMorgan Chase & Co. will put up 16.72 earnings per share for the present fiscal yr.
JPMorgan Chase & Co. Will increase Dividend
The agency additionally not too long ago declared a quarterly dividend, which shall be paid on Thursday, October thirty first. Stockholders of report on Friday, October 4th shall be given a $1.25 dividend. This is a rise from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. This represents a $5.00 annualized dividend and a dividend yield of two.37%. The ex-dividend date of this dividend is Friday, October 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.89%.
JPMorgan Chase & Co. Firm Profile
JPMorgan Chase & Co operates as a monetary providers firm worldwide. It operates by way of 4 segments: Client & Neighborhood Banking (CCB), Company & Funding Financial institution (CIB), Industrial Banking (CB), and Asset & Wealth Administration (AWM). The CCB phase presents 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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