4 hours Ago By ABMN Staff
Boston Common Asset Management LLC cut its holdings in JPMorgan Chase & Co. ( NYSE:JPM ) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 984 shares of the financial services provider’s stock after selling 99 shares during the quarter. Boston Common Asset Management LLC’s holdings in JPMorgan Chase & Co. were worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also added to or reduced their stakes in the company. Mizuho Securities Co. Ltd.
bought a new position in JPMorgan Chase & Co. in the third quarter worth $25,000. Catalyst Capital Advisors LLC bought a new position in shares of JPMorgan Chase & Co.
during the third quarter valued at $27,000. Fairway Wealth LLC bought a new stake in JPMorgan Chase & Co. during the 2nd quarter valued at about $32,000.
West Financial Advisors LLC purchased a new position in JPMorgan Chase & Co. in the 3rd quarter worth approximately $37,000. Finally, New England Capital Financial Advisors LLC raised its stake in shares of JPMorgan Chase & Co.
by 38.5% in the third quarter. New England Capital Financial Advisors LLC now owns 180 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 50 shares during the last quarter.
Institutional investors own 71.55% of the company’s stock. JPMorgan Chase & Co.
Stock Up 2.0 % Shares of NYSE JPM opened at $259.46 on Monday.
JPMorgan Chase & Co. has a 1 year low of $165.24 and a 1 year high of $260.
62. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.
89 and a quick ratio of 0.89. The company has a market cap of $730.
47 billion, a P/E ratio of 14.44, a PEG ratio of 3.16 and a beta of 1.
11. The firm has a 50-day simple moving average of $243.50 and a two-hundred day simple moving average of $224.
41. JPMorgan Chase & Co. Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st.
Investors of record on Monday, January 6th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Monday, January 6th.
This represents a $5.00 annualized dividend and a dividend yield of 1.93%.
JPMorgan Chase & Co.’s payout ratio is currently 27.82%.
Analysts Set New Price Targets JPM has been the topic of a number of recent analyst reports. Oppenheimer downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 20th.
Morgan Stanley downgraded shares of JPMorgan Chase & Co. from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $220.00 to $224.
00 in a research report on Monday, September 30th. Royal Bank of Canada increased their target price on shares of JPMorgan Chase & Co. from $211.
00 to $230.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Barclays raised their price target on JPMorgan Chase & Co.
from $304.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday.
Finally, Baird R W downgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “strong sell” rating in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the company’s stock.
According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $251.78.
Read Our Latest Stock Report on JPMorgan Chase & Co. Insiders Place Their Bets In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,303 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th.
The shares were sold at an average price of $253.94, for a total value of $838,763.82.
Following the completion of the sale, the general counsel now directly owns 47,620 shares in the company, valued at $12,092,622.80. This trade represents a 6.
49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . 0.
79% of the stock is owned by company 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. Recommended 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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