Kirtland Hills Capital Administration LLC lowered its place in shares of JPMorgan Chase & Co. (NYSE:JPM) by 12.0% through the third quarter, in line with its most up-to-date disclosure with the Securities and Trade Fee (SEC). The institutional investor owned 4,210 shares of the monetary providers supplier’s inventory after promoting 576 shares through the quarter. Kirtland Hills Capital Administration LLC’s holdings in JPMorgan Chase & Co. had been value $888,000 as of its most up-to-date SEC submitting.
Different hedge funds have additionally modified their holdings of the corporate. WFA Asset Administration Corp raised its stake in JPMorgan Chase & Co. by 51.2% through the 1st quarter. WFA Asset Administration Corp now owns 1,216 shares of the monetary providers supplier’s inventory valued at $244,000 after buying a further 412 shares through the interval. China Common Asset Administration Co. Ltd. purchased a brand new stake in shares of JPMorgan Chase & Co. through the first quarter valued at roughly $1,185,000. Freestone Capital Holdings LLC lifted its holdings in shares of JPMorgan Chase & Co. by 4.2% within the first quarter. Freestone Capital Holdings LLC now owns 106,829 shares of the monetary providers supplier’s inventory value $21,398,000 after shopping for a further 4,296 shares within the final quarter. EP Wealth Advisors LLC boosted its place in shares of JPMorgan Chase & Co. by 0.7% through the first quarter. EP Wealth Advisors LLC now owns 640,857 shares of the monetary providers supplier’s inventory value $128,364,000 after buying a further 4,253 shares over the last quarter. Lastly, Axxcess Wealth Administration LLC grew its stake in JPMorgan Chase & Co. by 3.9% through the first quarter. Axxcess Wealth Administration LLC now owns 167,057 shares of the monetary providers supplier’s inventory valued at $33,462,000 after buying a further 6,280 shares within the final quarter. 71.55% of the inventory is at the moment owned by institutional traders.
JPMorgan Chase & Co. Inventory Efficiency
Shares of NYSE:JPM opened at $248.55 on Friday. The agency’s 50 day easy transferring common is $223.14 and its 200-day easy transferring common 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. has a one 12 months low of $152.71 and a one 12 months excessive of $249.15. 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. (NYSE:JPM – Get Free Report) final launched its quarterly earnings knowledge 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 web margin of 19.64%. The corporate had income of $43.32 billion for the quarter, in comparison with the consensus estimate of $41.43 billion. Throughout the identical interval final 12 months, the enterprise posted $4.33 EPS. JPMorgan Chase & Co.’s quarterly income was up 6.5% on a year-over-year foundation. As a bunch, equities analysts predict that JPMorgan Chase & Co. will submit 17.62 EPS for the present 12 months.
JPMorgan Chase & Co. Will increase Dividend
The corporate additionally just lately disclosed a quarterly dividend, which was paid on Thursday, October thirty first. Traders of report on Friday, October 4th had been issued 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.01%. The ex-dividend date of this dividend was Friday, October 4th. JPMorgan Chase & Co.’s payout ratio is presently 27.82%.
Wall Road Analyst Weigh In
JPM has been the topic of a number of analysis experiences. Royal Financial institution of Canada elevated their value goal on shares of JPMorgan Chase & Co. from $211.00 to $230.00 and gave the corporate an “outperform” ranking in a report on Monday, October 14th. Evercore ISI raised their value goal on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the corporate an “outperform” ranking in a report on Monday, October 14th. Wells Fargo & Firm elevated their goal value on JPMorgan Chase & Co. from $240.00 to $270.00 and gave the corporate an “chubby” ranking in a analysis report on Friday, November fifteenth. Robert W. Baird lowered shares of JPMorgan Chase & Co. from a “impartial” ranking to an “underperform” ranking and set a $200.00 value goal for the corporate. in a analysis report on Thursday, November seventh. Lastly, Baird R W reduce JPMorgan Chase & Co. from a “maintain” ranking to a “robust promote” ranking in a analysis observe on Thursday, November seventh. Two funding analysts have rated the inventory with a promote ranking, eight have given a maintain ranking and ten have issued a purchase ranking to the corporate. In keeping with knowledge from MarketBeat.com, JPMorgan Chase & Co. presently has a mean ranking of “Maintain” and a mean value goal of $229.31.
Verify Out Our Newest Inventory Report on JPM
JPMorgan Chase & Co. Profile
JPMorgan Chase & Co operates as a monetary providers firm worldwide. It operates by means 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 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 means of financial institution branches, ATMs, and digital and phone banking.
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