Central Asset Investments & Administration Holdings HK Ltd lowered its place in JPMorgan Chase & Co. (NYSE:JPM) by 87.9% within the third quarter, in line with the corporate in its most up-to-date Type 13F submitting with the Securities & Alternate Fee. The agency owned 1,600 shares of the monetary providers supplier’s inventory after promoting 11,600 shares throughout the interval. JPMorgan Chase & Co. contains roughly 0.3% of Central Asset Investments & Administration Holdings HK Ltd’s holdings, making the inventory its twenty seventh largest place. Central Asset Investments & Administration Holdings HK Ltd’s holdings in JPMorgan Chase & Co. had been price $337,000 on the finish of the latest quarter.
Different hedge funds have additionally lately added to or diminished their stakes within the firm. Capital Worldwide Buyers elevated its holdings in JPMorgan Chase & Co. by 1.9% within the first quarter. Capital Worldwide Buyers now owns 42,294,992 shares of the monetary providers supplier’s inventory valued at $8,471,687,000 after shopping for a further 778,297 shares within the final quarter. Capital World Buyers elevated its holdings in JPMorgan Chase & Co. by 0.4% within the first quarter. Capital World Buyers now owns 34,422,011 shares of the monetary providers supplier’s inventory valued at $6,894,729,000 after shopping for a further 150,812 shares within the final quarter. Dimensional Fund Advisors LP elevated its holdings in JPMorgan Chase & Co. by 4.8% within the second quarter. Dimensional Fund Advisors LP now owns 22,696,963 shares of the monetary providers supplier’s inventory valued at $4,590,412,000 after shopping for a further 1,040,594 shares within the final quarter. Capital Analysis World Buyers elevated its holdings in JPMorgan Chase & Co. by 23.3% within the first quarter. Capital Analysis World Buyers now owns 17,200,124 shares of the monetary providers supplier’s inventory valued at $3,445,185,000 after shopping for a further 3,252,451 shares within the final quarter. Lastly, Worldwide Property Funding Administration LLC bought a brand new place in shares of JPMorgan Chase & Co. throughout the third quarter price roughly $1,888,088,000. Institutional traders and hedge funds personal 71.55% of the corporate’s inventory.
JPMorgan Chase & Co. Inventory Down 0.8 %
Shares of JPM opened at $243.03 on Wednesday. The agency has a market cap of $684.21 billion, a PE ratio of 13.52, a price-to-earnings-growth ratio of three.56 and a beta of 1.10. The corporate’s fifty day shifting common is $220.81 and its two-hundred day shifting common is $210.92. JPMorgan Chase & Co. has a fifty-two week low of $151.92 and a fifty-two week excessive of $248.00. The corporate has a fast ratio of 0.89, a present ratio of 0.89 and a debt-to-equity ratio of 1.27.
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, beating the consensus estimate of $4.02 by $0.35. The enterprise had income of $43.32 billion for the quarter, in comparison with analyst estimates of $41.43 billion. JPMorgan Chase & Co. had a web margin of 19.64% and a return on fairness of 16.71%. The enterprise’s quarterly income was up 6.5% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the enterprise posted $4.33 EPS. Analysts forecast that JPMorgan Chase & Co. will put up 17.62 earnings per share for the present yr.
JPMorgan Chase & Co. Will increase Dividend
The agency additionally lately introduced a quarterly dividend, which was paid on Thursday, October thirty first. Buyers of file 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.06%. JPMorgan Chase & Co.’s payout ratio is presently 27.82%.
Analyst Upgrades and Downgrades
JPM has been the topic of numerous current analysis stories. Citigroup raised their worth goal on shares of JPMorgan Chase & Co. from $215.00 to $250.00 and gave the inventory a “impartial” ranking in a analysis notice on Tuesday. Robert W. Baird minimize 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 notice on Thursday, November seventh. Morgan Stanley minimize shares of JPMorgan Chase & Co. from an “chubby” ranking to an “equal weight” ranking and raised their worth goal for the inventory from $220.00 to $224.00 in a analysis notice on Monday, September thirtieth. Evercore ISI raised their worth goal on shares of JPMorgan Chase & Co. from $217.00 to $230.00 and gave the inventory an “outperform” ranking in a analysis notice on Monday, October 14th. Lastly, Royal Financial institution of Canada raised their worth goal on shares of JPMorgan Chase & Co. from $211.00 to $230.00 and gave the inventory an “outperform” ranking in a analysis notice on Monday, October 14th. Two funding analysts have rated the inventory with a promote ranking, seven have assigned a maintain ranking and eleven have assigned a purchase ranking to the inventory. Primarily based on knowledge from MarketBeat.com, JPMorgan Chase & Co. has a mean ranking of “Maintain” and a mean goal worth of $229.31.
Examine Out 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), Business 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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