2 weeks Ago By ABMN Staff
Ariston Services Group decreased its holdings in JPMorgan Chase & Co. ( NYSE:JPM ) by 9.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 2,936 shares of the financial services provider’s stock after selling 314 shares during the period. JPMorgan Chase & Co. comprises approximately 0.
6% of Ariston Services Group’s portfolio, making the stock its 18th largest position. Ariston Services Group’s holdings in JPMorgan Chase & Co. were worth $704,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Mizuho Securities Co. Ltd.
acquired a new position in shares of JPMorgan Chase & Co. during the third quarter worth $25,000. Midwest Capital Advisors LLC acquired a new position in JPMorgan Chase & Co.
in the fourth quarter valued at $43,000. Peterson Financial Group Inc. acquired a new position in JPMorgan Chase & Co.
in the third quarter valued at $45,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Chase & Co. in the third quarter valued at $45,000.
Finally, Collier Financial acquired a new position in JPMorgan Chase & Co. in the fourth quarter valued at $45,000. Institutional investors and hedge funds own 71.
55% of the company’s stock. JPMorgan Chase & Co. Price Performance NYSE:JPM opened at $232.
94 on Friday. The stock has a market cap of $651.31 billion, a P/E ratio of 11.
80, a PEG ratio of 2.83 and a beta of 1.10.
JPMorgan Chase & Co. has a one year low of $179.20 and a one year high of $280.
25. The company has a fifty day moving average price of $258.29 and a 200 day moving average price of $238.
70. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.
88 and a quick ratio of 0.89. Analyst Ratings Changes Several equities analysts have issued reports on the stock.
Keefe, Bruyette & Woods upped their price objective on shares of JPMorgan Chase & Co. from $257.00 to $264.
00 and gave the company a “market perform” rating in a research note on Thursday, January 16th. Barclays upped their price objective on shares of JPMorgan Chase & Co. from $304.
00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Wells Fargo & Company upped their target price on shares of JPMorgan Chase & Co.
from $240.00 to $270.00 and gave the company an “overweight” rating in a report on Friday, November 15th.
Oppenheimer cut shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 20th. Finally, UBS Group upped their target price on shares of JPMorgan Chase & Co.
from $276.00 to $287.00 and gave the company a “buy” rating in a report on Thursday, January 16th.
Ten analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $252.89.
Check Out Our Latest Analysis on JPMorgan Chase & Co. Insider Transactions at JPMorgan Chase & Co. In other JPMorgan Chase & Co.
news, insider Robin Leopold sold 1,250 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $270.09, for a total transaction of $337,612.
50. Following the sale, the insider now owns 50,377 shares of the company’s stock, valued at $13,606,323.93.
This represents a 2.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
Also, General Counsel Stacey Friedman sold 3,303 shares of the company’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $253.94, for a total transaction of $838,763.
82. Following the transaction, the general counsel now owns 47,620 shares in the company, valued at approximately $12,092,622.80.
The trade was a 6.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last quarter, insiders have sold 46,326 shares of company stock valued at $12,448,445. 0.79% of the stock is owned by insiders.
JPMorgan Chase & Co. Company Profile ( Free Report ) JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.
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 ).
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