KCM Funding Advisors LLC trimmed its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.1% within the third quarter, HoldingsChannel.com experiences. The fund owned 176,033 shares of the monetary companies supplier’s inventory after promoting 248 shares throughout the quarter. JPMorgan Chase & Co. contains roughly 1.3% of KCM Funding Advisors LLC’s portfolio, making the inventory its twenty fourth greatest place. KCM Funding Advisors LLC’s holdings in JPMorgan Chase & Co. have been price $37,118,000 as of its most up-to-date submitting with the Securities & Alternate Fee.
A variety of different institutional buyers additionally lately made modifications to their positions in JPM. Mizuho Securities Co. Ltd. bought a brand new stake in shares of JPMorgan Chase & Co. within the third quarter valued at $25,000. Catalyst Capital Advisors LLC bought a brand new stake in shares of JPMorgan Chase & Co. within the third quarter valued at $27,000. Fairway Wealth LLC bought a brand new stake in shares of JPMorgan Chase & Co. within the second quarter valued at $32,000. Anfield Capital Administration LLC bought a brand new stake in shares of JPMorgan Chase & Co. within the second quarter valued at $34,000. Lastly, West Monetary Advisors LLC bought a brand new stake in shares of JPMorgan Chase & Co. within the third quarter valued at $37,000. 71.55% of the inventory is owned by institutional buyers and hedge funds.
Analyst Rankings Modifications
A variety of brokerages have lately commented on JPM. Oppenheimer lifted their worth goal on JPMorgan Chase & Co. from $232.00 to $241.00 and gave the corporate an “outperform” score in a analysis report on Tuesday, November fifth. Daiwa Capital Markets lowered their worth goal on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “chubby” score for the corporate in a analysis report on Thursday, October tenth. Barclays boosted their worth goal on JPMorgan Chase & Co. from $217.00 to $257.00 and gave the corporate an “chubby” score in a analysis report on Monday, October 14th. Robert W. Baird downgraded JPMorgan Chase & Co. from a “impartial” score to an “underperform” score and set a $200.00 worth goal for the corporate. in a analysis report on Thursday, November seventh. Lastly, Baird R W downgraded JPMorgan Chase & Co. from a “maintain” score to a “sturdy promote” score in a analysis report on Thursday, November seventh. Two analysis analysts have rated the inventory with a promote score, seven have given a maintain score and eleven have given a purchase score to the corporate’s inventory. In line with information from MarketBeat.com, the corporate has a consensus score of “Maintain” and a median goal worth of $229.31.
Get Our Newest Inventory Report on JPM
JPMorgan Chase & Co. Buying and selling Down 0.8 %
NYSE:JPM opened at $243.03 on Wednesday. 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. has a one yr low of $151.92 and a one yr excessive of $248.00. The enterprise’s 50-day easy shifting common is $220.81 and its 200 day easy shifting common is $210.92. The inventory has a market cap of $684.21 billion, a price-to-earnings ratio of 13.52, a price-to-earnings-growth ratio of three.56 and a beta of 1.10.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final introduced its quarterly earnings information on Friday, October eleventh. The monetary companies supplier reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.02 by $0.35. JPMorgan Chase & Co. had a return on fairness of 16.71% and a web margin of 19.64%. The agency had income of $43.32 billion for the quarter, in comparison with analysts’ expectations of $41.43 billion. Throughout the identical quarter within the prior yr, the agency posted $4.33 earnings per share. JPMorgan Chase & Co.’s income for the quarter was up 6.5% in comparison with the identical quarter final yr. As a bunch, sell-side analysts predict that JPMorgan Chase & Co. will put up 17.62 earnings per share for the present fiscal yr.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally lately disclosed a quarterly dividend, which was paid on Thursday, October thirty first. Shareholders of report on Friday, October 4th have been paid 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 yield of two.06%. This can be a increase from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.82%.
JPMorgan Chase & Co. Profile
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates by 4 segments: Client & Group Banking (CCB), Company & Funding Financial institution (CIB), Industrial Banking (CB), and Asset & Wealth Administration (AWM). The CCB section provides 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 financial institution branches, ATMs, and digital and phone banking.
See Additionally
Wish to see what different hedge funds are holding JPM? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).
Obtain Information & Rankings for JPMorgan Chase & Co. Each day – Enter your e mail deal with beneath to obtain a concise each day abstract of the newest information and analysts’ scores for JPMorgan Chase & Co. and associated corporations with MarketBeat.com’s FREE each day e mail publication.
