WCM Funding Administration LLC grew its place in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 324.6% through the third quarter, in accordance with its most up-to-date Kind 13F submitting with the Securities and Alternate Fee. The fund owned 10,258 shares of the monetary companies supplier’s inventory after buying an extra 7,842 shares through the quarter. WCM Funding Administration LLC’s holdings in JPMorgan Chase & Co. had been price $2,159,000 as of its most up-to-date SEC submitting.
A number of different institutional traders and hedge funds additionally just lately made adjustments to their positions within the firm. Catalyst Capital Advisors LLC acquired a brand new stake in JPMorgan Chase & Co. through the third quarter price roughly $27,000. Fairway Wealth LLC acquired a brand new stake in JPMorgan Chase & Co. through the second quarter price roughly $32,000. Anfield Capital Administration LLC acquired a brand new stake in JPMorgan Chase & Co. through the second quarter price roughly $34,000. West Monetary Advisors LLC acquired a brand new stake in JPMorgan Chase & Co. through the third quarter price roughly $37,000. Lastly, New England Capital Monetary Advisors LLC grew its place in JPMorgan Chase & Co. by 38.5% through the third quarter. New England Capital Monetary Advisors LLC now owns 180 shares of the monetary companies supplier’s inventory price $38,000 after shopping for an extra 50 shares within the final quarter. Institutional traders and hedge funds personal 71.55% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Plenty of equities analysis analysts just lately issued reviews on JPM shares. Deutsche Financial institution Aktiengesellschaft reissued a “maintain” ranking and set a $235.00 worth goal on shares of JPMorgan Chase & Co. in a analysis report on Tuesday, September third. Daiwa Capital Markets decreased their goal worth on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “obese” ranking on the inventory in a report on Thursday, October tenth. Morgan Stanley downgraded JPMorgan Chase & Co. from an “obese” ranking to an “equal weight” ranking and raised their goal worth for the corporate from $220.00 to $224.00 in a report on Monday, September thirtieth. Royal Financial institution of Canada raised their goal worth on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the corporate an “outperform” ranking in a report on Monday, October 14th. Lastly, Baird R W downgraded JPMorgan Chase & Co. from a “maintain” ranking to a “robust promote” ranking in a report on Thursday, November seventh. Two funding analysts have rated the inventory with a promote ranking, seven have issued a maintain ranking and eleven have assigned a purchase ranking to the corporate. Primarily based on knowledge from MarketBeat, the corporate at the moment has a mean ranking of “Maintain” and a mean worth goal of $227.13.
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JPMorgan Chase & Co. Inventory Efficiency
Shares of JPM opened at $245.39 on Friday. The corporate has a debt-to-equity ratio of 1.27, a fast ratio of 0.89 and a present ratio of 0.89. The inventory has a 50 day transferring common worth of $218.84 and a two-hundred day transferring common worth of $209.56. The agency has a market capitalization of $690.86 billion, a P/E ratio of 13.66, a P/E/G ratio of three.50 and a beta of 1.10. JPMorgan Chase & Co. has a 52 week low of $150.09 and a 52 week excessive of $248.00.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final issued its quarterly earnings knowledge on Friday, October eleventh. The monetary companies supplier reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $4.02 by $0.35. The agency had income of $43.32 billion through the quarter, in comparison with analyst estimates of $41.43 billion. JPMorgan Chase & Co. had a return on fairness of 16.71% and a internet margin of 19.64%. The corporate’s income for the quarter was up 6.5% on a year-over-year foundation. Throughout the identical interval within the earlier yr, the corporate posted $4.33 EPS. Equities analysts forecast that JPMorgan Chase & Co. will publish 17.62 earnings per share for the present fiscal yr.
JPMorgan Chase & Co. Will increase Dividend
The agency additionally just lately introduced a quarterly dividend, which was paid on Thursday, October thirty first. Stockholders of report on Friday, October 4th had been issued a $1.25 dividend. The ex-dividend date of this dividend was Friday, October 4th. It is a constructive change from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.15. This represents a $5.00 annualized dividend and a dividend yield of two.04%. JPMorgan Chase & Co.’s dividend payout ratio is at the moment 27.82%.
JPMorgan Chase & Co. Profile
JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates via 4 segments: Client & Neighborhood Banking (CCB), Company & Funding Financial institution (CIB), Business 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 customers and small companies via financial institution branches, ATMs, and digital and phone banking.
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