JPMorgan Chase & Co. (NYSE:JPM) Shares Bought by MUFG Securities EMEA plc

MUFG Securities EMEA plc raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 1,259.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,210 shares of the financial services provider’s stock after acquiring an additional 1,121 shares during the quarter. MUFG Securities EMEA plc’s holdings in JPMorgan Chase & Co. were worth $206,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. WealthPlan Investment Management LLC increased its position in shares of JPMorgan Chase & Co. by 187,317.6% in the third quarter. WealthPlan Investment Management LLC now owns 31,861 shares of the financial services provider’s stock valued at $4,620,000 after buying an additional 31,844 shares in the last quarter. Cypress Capital Group increased its position in JPMorgan Chase & Co. by 0.4% during the 3rd quarter. Cypress Capital Group now owns 73,008 shares of the financial services provider’s stock worth $10,588,000 after purchasing an additional 306 shares in the last quarter. Bank Pictet & Cie Asia Ltd. purchased a new stake in JPMorgan Chase & Co. during the 3rd quarter worth about $200,000. Pittenger & Anderson Inc. increased its position in JPMorgan Chase & Co. by 0.7% during the 3rd quarter. Pittenger & Anderson Inc. now owns 56,237 shares of the financial services provider’s stock worth $8,155,000 after purchasing an additional 378 shares in the last quarter. Finally, Coldstream Capital Management Inc. increased its position in JPMorgan Chase & Co. by 2.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 80,061 shares of the financial services provider’s stock worth $11,610,000 after purchasing an additional 1,795 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Up 1.9 %

JPMorgan Chase & Co. stock traded up $3.79 during midday trading on Monday, hitting $200.71. 7,356,200 shares of the company were exchanged, compared to its average volume of 9,297,501. The company’s fifty day moving average price is $194.71 and its 200-day moving average price is $178.52. The company has a market cap of $576.37 billion, a PE ratio of 12.12, a price-to-earnings-growth ratio of 2.72 and a beta of 1.13. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.92 and a quick ratio of 0.92. JPMorgan Chase & Co. has a fifty-two week low of $134.40 and a fifty-two week high of $205.88.

JPMorgan Chase & Co. (NYSE:JPMGet Free Report) last released its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, topping the consensus estimate of $4.18 by $0.45. The firm had revenue of $41.93 billion for the quarter, compared to analyst estimates of $40.90 billion. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. On average, research analysts predict that JPMorgan Chase & Co. will post 16.32 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, July 5th will be issued a dividend of $1.15 per share. The ex-dividend date is Friday, July 5th. This represents a $4.60 annualized dividend and a yield of 2.29%. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.78%.

Wall Street Analyst Weigh In

A number of analysts recently commented on JPM shares. Keefe, Bruyette & Woods lifted their price objective on JPMorgan Chase & Co. from $203.00 to $209.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 21st. Jefferies Financial Group lifted their price objective on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. The Goldman Sachs Group reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Wells Fargo & Company lifted their price target on JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $211.00 price target on shares of JPMorgan Chase & Co. in a report on Tuesday, May 21st. Nine investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.10.

Check Out Our Latest Research Report on JPMorgan Chase & Co.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, CEO James Dimon sold 178,222 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the sale, the chief executive officer now directly owns 264,461 shares in the company, valued at approximately $48,708,426.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other JPMorgan Chase & Co. news, insider Lori A. Beer sold 3,920 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $195.36, for a total transaction of $765,811.20. Following the sale, the insider now directly owns 64,783 shares in the company, valued at approximately $12,656,006.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James Dimon sold 178,222 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $184.18, for a total value of $32,824,927.96. Following the completion of the sale, the chief executive officer now owns 264,461 shares of the company’s stock, valued at $48,708,426.98. The disclosure for this sale can be found here. Insiders have sold 249,399 shares of company stock worth $46,713,667 in the last three months. 0.79% of the stock is owned by insiders.

JPMorgan Chase & Co. Company Profile

(Free Report)

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, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

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

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