Legacy Monetary Advisors Inc. Reduces Holdings in JPMorgan Chase & Co. (JPM)

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Legacy Monetary Advisors Inc. trimmed its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 2.1% within the third quarter, in keeping with the corporate in its most up-to-date 13F submitting with the Securities and Alternate Fee (SEC). The agency owned 29,939 shares of the monetary companies supplier’s inventory after promoting 647 shares through the quarter. JPMorgan Chase & Co. makes up roughly 1.2% of Legacy Monetary Advisors Inc.’s funding portfolio, making the inventory its eighth largest place. Legacy Monetary Advisors Inc.’s holdings in JPMorgan Chase & Co. had been price $3,378,00Zero as of its most up-to-date SEC submitting.

A number of different hedge funds have additionally made modifications to their positions in JPM. Schwab Charles Funding Administration Inc. boosted its holdings in JPMorgan Chase & Co. by 2.1% through the second quarter. Schwab Charles Funding Administration Inc. now owns 13,009,422 shares of the monetary companies supplier’s inventory valued at $1,355,582,00Zero after buying a further 270,508 shares within the final quarter. Sumitomo Mitsui Belief Holdings Inc. raised its stake in shares of JPMorgan Chase & Co. by 4.5% within the second quarter. Sumitomo Mitsui Belief Holdings Inc. now owns 11,199,709 shares of the monetary companies supplier’s inventory valued at $1,167,010,00Zero after buying a further 481,210 shares over the last quarter. American Century Corporations Inc. raised its stake in shares of JPMorgan Chase & Co. by 1.7% within the second quarter. American Century Corporations Inc. now owns 10,020,625 shares of the monetary companies supplier’s inventory valued at $1,044,149,00Zero after buying a further 169,377 shares over the last quarter. OMERS ADMINISTRATION Corp raised its stake in shares of JPMorgan Chase & Co. by 21.4% within the second quarter. OMERS ADMINISTRATION Corp now owns 4,656,959 shares of the monetary companies supplier’s inventory valued at $485,255,00Zero after buying a further 821,647 shares over the last quarter. Lastly, State of New Jersey Frequent Pension Fund D raised its stake in shares of JPMorgan Chase & Co. by 1.2% within the second quarter. State of New Jersey Frequent Pension Fund D now owns 4,263,00Zero shares of the monetary companies supplier’s inventory valued at $444,205,00Zero after buying a further 50,00Zero shares over the last quarter. 71.27% of the inventory is owned by institutional buyers and hedge funds.

A number of equities analysts have just lately issued reviews on JPM shares. Atlantic Securities lowered shares of JPMorgan Chase & Co. from an “obese” score to a “impartial” score in a report on Wednesday, December 19th. Zacks Funding Analysis lowered shares of JPMorgan Chase & Co. from a “purchase” score to a “maintain” score in a analysis report on Thursday, November 15th. Morgan Stanley decreased their goal worth on shares of JPMorgan Chase & Co. from $131.00 to $124.00 and set an “obese” score on the inventory in a analysis report on Tuesday, January eighth. Daiwa Capital Markets lowered shares of JPMorgan Chase & Co. from an “outperform” score to a “market carry out” score in a analysis report on Friday, February eighth. Lastly, Keefe, Bruyette & Woods lowered shares of JPMorgan Chase & Co. from an “obese” score to a “market carry out” score in a analysis report on Thursday, December 13th. Twelve funding analysts have rated the inventory with a maintain score and twelve have assigned a purchase score to the inventory. JPMorgan Chase & Co. presently has a mean score of “Purchase” and a mean worth goal of $122.94.

Shares of JPMorgan Chase & Co. inventory opened at $105.55 on Friday. The corporate has a debt-to-equity ratio of 1.22, a present ratio of 1.00 and a fast ratio of 1.01. The inventory has a market capitalization of $362.24 billion, a P/E ratio of 11.73, a price-to-earnings-growth ratio of 1.56 and a beta of 1.11. JPMorgan Chase & Co. has a 1 12 months low of $91.11 and a 1 12 months excessive of $119.33.

JPMorgan Chase & Co. (NYSE:JPM) final issued its quarterly earnings outcomes on Tuesday, January 15th. The monetary companies supplier reported $1.98 earnings per share (EPS) for the quarter, lacking the Thomson Reuters’ consensus estimate of $2.20 by ($0.22). The enterprise had income of $26.10 billion through the quarter, in comparison with the consensus estimate of $26.69 billion. JPMorgan Chase & Co. had a return on fairness of 14.07% and a web margin of 24.71%. The agency’s income was up 8.1% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the earlier 12 months, the enterprise earned $1.76 earnings per share. Equities analysis analysts anticipate that JPMorgan Chase & Co. will submit 9.94 earnings per share for the present fiscal 12 months.

The agency additionally just lately disclosed a quarterly dividend, which was paid on Thursday, January 31st. Buyers of file on Friday, January 4th had been issued a $0.80 dividend. This represents a $3.20 dividend on an annualized foundation and a dividend yield of three.03%. The ex-dividend date of this dividend was Thursday, January third. JPMorgan Chase & Co.’s payout ratio is 35.56%.

In different JPMorgan Chase & Co. information, Normal Counsel Stacey Friedman offered 3,022 shares of the agency’s inventory in a transaction that occurred on Tuesday, January 29th. The shares had been offered at a mean worth of $105.00, for a complete transaction of $317,310.00. Following the sale, the overall counsel now owns 12,519 shares within the firm, valued at roughly $1,314,495. The transaction was disclosed in a doc filed with the SEC, which is offered by way of this hyperlink. Additionally, insider Ashley Bacon offered 5,831 shares of the agency’s inventory in a transaction that occurred on Wednesday, January 16th. The inventory was offered at a mean worth of $102.78, for a complete transaction of $599,310.18. Following the sale, the insider now owns 98,838 shares within the firm, valued at roughly $10,158,569.64. The disclosure for this sale might be discovered right here. Within the final three months, insiders offered 39,191 shares of firm inventory price $4,102,110. 0.73% of the inventory is presently owned by insiders.

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JPMorgan Chase & Co. Profile

JPMorgan Chase & Co operates as a monetary companies firm worldwide. It operates by way of 4 segments: Shopper & Group Banking, Company & Funding Financial institution, Industrial Banking, and Asset & Wealth Administration. The Shopper & Group Banking section provides deposit and funding services and products to customers; lending, deposit, and money administration and cost options to small companies; residential mortgages and residential fairness loans; and bank cards, cost processing companies, auto loans and leases.

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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