JPMorgan Chase & Co. (NYSE:JPM) Stock Holdings Decreased by Bessemer Group Inc.

Bessemer Group Inc. lowered its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,478,097 shares of the financial services provider’s stock after selling 97,322 shares during the quarter. JPMorgan Chase & Co. accounts for about 1.6% of Bessemer Group Inc.’s portfolio, making the stock its 9th largest position. Bessemer Group Inc. owned 0.11% of JPMorgan Chase & Co. worth $484,846,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. LFA Lugano Financial Advisors SA purchased a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $26,000. Bridger Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the third quarter worth $33,000. Vista Private Wealth Partners. LLC purchased a new stake in shares of JPMorgan Chase & Co. during the third quarter worth $35,000. Eukles Asset Management increased its position in shares of JPMorgan Chase & Co. by 36.5% during the third quarter. Eukles Asset Management now owns 318 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 85 shares during the period. Finally, JJJ Advisors Inc. increased its position in shares of JPMorgan Chase & Co. by 87.5% during the third quarter. JJJ Advisors Inc. now owns 375 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 175 shares during the period. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Shares of JPM stock opened at $138.00 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.93 and a debt-to-equity ratio of 1.24. The firm has a fifty day moving average price of $136.78 and a 200 day moving average price of $124.94. The company has a market cap of $432.02 billion, a P/E ratio of 12.87, a PEG ratio of 2.57 and a beta of 1.19. JPMorgan Chase & Co. has a 12 month low of $98.09 and a 12 month high of $141.10.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, January 14th. The financial services provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.25. The firm had revenue of $28.30 billion during the quarter, compared to the consensus estimate of $27.69 billion. JPMorgan Chase & Co. had a net margin of 25.49% and a return on equity of 15.19%. The company’s revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.98 earnings per share. On average, equities analysts forecast that JPMorgan Chase & Co. will post 10.71 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 6th were paid a $0.90 dividend. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $3.60 annualized dividend and a yield of 2.61%. JPMorgan Chase & Co.’s dividend payout ratio is presently 34.35%.

In other JPMorgan Chase & Co. news, EVP Peter Scher sold 21,949 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $137.11, for a total value of $3,009,427.39. Following the completion of the transaction, the executive vice president now owns 26,525 shares in the company, valued at $3,636,842.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Nicole Giles sold 3,015 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $137.10, for a total transaction of $413,356.50. Following the completion of the transaction, the insider now owns 10,607 shares of the company’s stock, valued at approximately $1,454,219.70. The disclosure for this sale can be found here. Insiders sold 128,814 shares of company stock valued at $17,318,144 in the last 90 days. 0.76% of the stock is currently owned by insiders.

A number of analysts have recently weighed in on JPM shares. BMO Capital Markets upped their price objective on JPMorgan Chase & Co. to and gave the stock a “market perform” rating in a research report on Wednesday, January 15th. Citigroup upped their price objective on JPMorgan Chase & Co. from $116.00 to $140.00 and gave the stock a “neutral” rating in a research report on Monday, December 16th. Robert W. Baird upped their price objective on JPMorgan Chase & Co. from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Societe Generale lowered JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. Finally, DA Davidson started coverage on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 8th. They set a “neutral” rating and a $140.00 target price for the company. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $135.29.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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

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