2 weeks Ago By Defense World Staff
Eagle Strategies LLC decreased its holdings in JPMorgan Chase & Co. ( NYSE:JPM ) by 52.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 5,588 shares of the financial services provider’s stock after selling 6,126 shares during the quarter. Eagle Strategies LLC’s holdings in JPMorgan Chase & Co. were worth $1,130,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of JPM. Retirement Group LLC increased its position in shares of JPMorgan Chase & Co. by 227.
1% in the first quarter. Retirement Group LLC now owns 157 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 109 shares during the period. Richardson Capital Management LLC bought a new position in JPMorgan Chase & Co.
in the 1st quarter valued at about $34,000. Anfield Capital Management LLC acquired a new position in shares of JPMorgan Chase & Co. in the 2nd quarter valued at approximately $34,000.
Davidson Capital Management Inc. bought a new stake in shares of JPMorgan Chase & Co. during the 1st quarter worth approximately $37,000.
Finally, Vermillion & White Wealth Management Group LLC acquired a new stake in shares of JPMorgan Chase & Co. during the 4th quarter worth approximately $40,000. Institutional investors own 71.
55% of the company’s stock. JPMorgan Chase & Co. Trading Up 0.
8 % NYSE JPM opened at $209.50 on Wednesday. The firm has a market capitalization of $601.
61 billion, a PE ratio of 11.68, a price-to-earnings-growth ratio of 2.33 and a beta of 1.
12. The business’s 50-day moving average price is $211.43 and its two-hundred day moving average price is $201.
36. The company has a current ratio of 0.91, a quick ratio of 0.
91 and a debt-to-equity ratio of 1.24. JPMorgan Chase & Co.
has a 12 month low of $135.19 and a 12 month high of $225.48.
Analysts Set New Price Targets JPM has been the subject of several recent analyst reports. Piper Sandler upped their target price on JPMorgan Chase & Co. from $220.
00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday, July 15th. Keefe, Bruyette & Woods upped their price objective 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.
Evercore ISI lifted their target price on JPMorgan Chase & Co. from $210.00 to $211.
00 and gave the company an “outperform” rating in a research report on Monday, July 15th. Barclays boosted their target price on JPMorgan Chase & Co. from $212.
00 to $217.00 and gave the stock an “overweight” rating in a research note on Monday, July 15th. Finally, Wolfe Research downgraded shares of JPMorgan Chase & Co.
from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 8th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.
com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $211.06. View Our Latest Stock Report on JPM 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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