2 weeks Ago By Defense World Staff
Lansing Street Advisors lifted its holdings in shares of JPMorgan Chase & Co. ( NYSE:JPM – Free Report ) by 7.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 2,112 shares of the financial services provider’s stock after acquiring an additional 142 shares during the quarter. Lansing Street Advisors’ holdings in JPMorgan Chase & Co. were worth $427,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Gilbert & Cook Inc. increased its stake in JPMorgan Chase & Co.
by 1.5% during the 4th quarter. Gilbert & Cook Inc.
now owns 11,360 shares of the financial services provider’s stock worth $1,932,000 after buying an additional 164 shares during the period. Aveo Capital Partners LLC increased its stake in JPMorgan Chase & Co. by 13.
0% during the 4th quarter. Aveo Capital Partners LLC now owns 5,151 shares of the financial services provider’s stock worth $876,000 after buying an additional 591 shares during the period. Gryphon Financial Partners LLC increased its stake in JPMorgan Chase & Co.
by 66.9% during the 4th quarter. Gryphon Financial Partners LLC now owns 25,004 shares of the financial services provider’s stock worth $4,238,000 after buying an additional 10,025 shares during the period.
Atlantic Edge Private Wealth Management LLC purchased a new stake in JPMorgan Chase & Co. during the 4th quarter worth $2,865,000. Finally, Private Wealth Management Group LLC purchased a new stake in JPMorgan Chase & Co.
during the 4th quarter worth $390,000. Institutional investors and hedge funds own 71.55% of the company’s stock.
JPMorgan Chase & Co. Trading Up 0.8 % Shares of JPM stock opened at $209.
50 on Wednesday. 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 1 year low of $135.19 and a 1 year high of $225.48.
The stock has a fifty day moving average of $211.43 and a two-hundred day moving average of $201.36.
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. Analysts Set New Price Targets JPM has been the subject of several research analyst reports.
Morgan Stanley dropped their target price on shares of JPMorgan Chase & Co. from $226.00 to $220.
00 and set an “overweight” rating for the company in a research report on Thursday, September 12th. Wolfe Research downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 8th.
Robert W. Baird boosted their target price on shares of JPMorgan Chase & Co. from $175.
00 to $185.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 21st. Piper Sandler boosted their target price on shares of JPMorgan Chase & Co.
from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Monday, July 15th.
Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $235.00 target price on shares of JPMorgan Chase & Co. in a research report on Tuesday, September 3rd.
Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.
06. Get Our Latest Stock Report on JPMorgan Chase & Co. 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.
Featured Articles Five stocks we like better than JPMorgan Chase & Co. What Are the FAANG Stocks and Are They Good Investments? Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? 3 REITs to Buy and Hold for the Long Term Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge Basic Materials Stocks Investing Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co.
and related companies with MarketBeat.com's FREE daily email newsletter ..
