3 days Ago By ABMN Staff
Angeles Wealth Management LLC raised its holdings in shares of JPMorgan Chase & Co. ( NYSE:JPM ) by 18.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 14,083 shares of the financial services provider’s stock after acquiring an additional 2,228 shares during the quarter. Angeles Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $2,848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Retirement Group LLC grew its stake in JPMorgan Chase & Co. by 227.
1% during the first quarter. Retirement Group LLC now owns 157 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 109 shares in the last quarter. Richardson Capital Management LLC bought a new position in JPMorgan Chase & Co.
in the 1st quarter valued at $34,000. Anfield Capital Management LLC purchased a new position in shares of JPMorgan Chase & Co. during the 2nd quarter valued at $34,000.
Davidson Capital Management Inc. bought a new position in shares of JPMorgan Chase & Co. in the first quarter worth $37,000.
Finally, Vermillion & White Wealth Management Group LLC purchased a new stake in shares of JPMorgan Chase & Co. in the fourth quarter worth $40,000. Hedge funds and other institutional investors own 71.
55% of the company’s stock. Wall Street Analyst Weigh In Several equities analysts recently commented on JPM shares. Keefe, Bruyette & Woods boosted their target price on JPMorgan Chase & Co.
from $209.00 to $211.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 9th.
BMO Capital Markets upped their price objective on shares of JPMorgan Chase & Co. from $195.00 to $205.
00 and gave the stock a “market perform” rating in a research report on Thursday, July 11th. Barclays raised their target price on shares of JPMorgan Chase & Co. from $212.
00 to $217.00 and gave the company an “overweight” rating in a research note on Monday, July 15th. Morgan Stanley cut their price target on shares of JPMorgan Chase & Co.
from $226.00 to $220.00 and set an “overweight” rating for the company in a research note on Thursday.
Finally, Jefferies Financial Group raised their price objective on shares of JPMorgan Chase & Co. from $230.00 to $239.
00 and gave the company a “buy” rating in a research report on Wednesday, July 3rd. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $211.
06. JPMorgan Chase & Co. Stock Down 1.
1 % Shares of JPMorgan Chase & Co. stock opened at $204.32 on Monday.
The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.91 and a current ratio of 0.
91. JPMorgan Chase & Co. has a 52-week low of $135.
19 and a 52-week high of $225.48. The company’s 50 day moving average price is $211.
34 and its 200-day moving average price is $201.04. The stock has a market capitalization of $586.
74 billion, a price-to-earnings ratio of 11.40, a P/E/G ratio of 2.33 and a beta of 1.
12. JPMorgan Chase & Co. ( NYSE:JPM – Get Free Report ) last announced its quarterly earnings results on Friday, July 12th.
The financial services provider reported $6.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.19 by $1.
93. The business had revenue of $50.80 billion for the quarter, compared to analyst estimates of $42.
23 billion. JPMorgan Chase & Co. had a net margin of 20.
32% and a return on equity of 17.26%. During the same quarter last year, the firm earned $4.
37 EPS. Equities research analysts forecast that JPMorgan Chase & Co. will post 16.
78 EPS for the current year. About JPMorgan Chase & Co. ( 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. Featured Stories Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. ( NYSE:JPM – Free Report ). Receive News & Ratings for JPMorgan Chase & Co.
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