2 weeks Ago By Defense World Staff
Ullmann Wealth Partners Group LLC boosted its position in shares of JPMorgan Chase & Co. ( NYSE:JPM – Free Report ) by 7.1% in the second quarter, according to the company in its most recent filing with the SEC.
The firm owned 10,359 shares of the financial services provider’s stock after acquiring an additional 685 shares during the quarter. Ullmann Wealth Partners Group LLC’s holdings in JPMorgan Chase & Co. were worth $2,095,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Wealth Strategies LLC. acquired a new stake in JPMorgan Chase & Co.
during the 4th quarter worth about $1,145,000. Cooper Financial Group lifted its holdings in shares of JPMorgan Chase & Co. by 12.
8% in the 1st quarter. Cooper Financial Group now owns 8,693 shares of the financial services provider’s stock valued at $1,741,000 after buying an additional 984 shares during the period. Spartan Planning & Wealth Management lifted its holdings in shares of JPMorgan Chase & Co.
by 257.3% in the 4th quarter. Spartan Planning & Wealth Management now owns 3,780 shares of the financial services provider’s stock valued at $643,000 after buying an additional 2,722 shares during the period.
jvl associates llc lifted its holdings in shares of JPMorgan Chase & Co. by 59.8% in the 1st quarter.
jvl associates llc now owns 1,911 shares of the financial services provider’s stock valued at $383,000 after buying an additional 715 shares during the period. Finally, MMA Asset Management LLC acquired a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at about $207,000.
Institutional investors and hedge funds own 71.55% of the company’s stock. Analysts Set New Price Targets JPM has been the subject of several analyst reports.
Jefferies Financial Group boosted their price objective on JPMorgan Chase & Co. from $230.00 to $239.
00 and gave the company a “buy” rating in a report on Wednesday, July 3rd. Citigroup boosted their price objective on JPMorgan Chase & Co. from $205.
00 to $215.00 and gave the company a “neutral” rating in a report on Monday, July 15th. Wells Fargo & Company lifted their price target on JPMorgan Chase & Co.
from $220.00 to $225.00 and gave the company an “overweight” rating in a research note on Monday, July 15th.
Oppenheimer lifted their price target on JPMorgan Chase & Co. from $215.00 to $221.
00 and gave the company an “outperform” rating in a research note on Monday, July 15th. Finally, BMO Capital Markets lifted their price target on JPMorgan Chase & Co. from $195.
00 to $205.00 and gave the company a “market perform” rating in a research note on Thursday, July 11th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock.
Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $211.06.
JPMorgan Chase & Co. Stock Up 0.8 % JPMorgan Chase & Co.
stock opened at $209.50 on Wednesday. JPMorgan Chase & Co.
has a twelve month low of $135.19 and a twelve month high of $225.48.
The stock’s fifty day simple moving average is $211.43 and its 200-day simple moving average 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. The firm has a market capitalization of $601.61 billion, a P/E ratio of 11.
68, a P/E/G ratio of 2.33 and a beta of 1.12.
JPMorgan Chase & Co. ( NYSE:JPM – Get Free Report ) last posted its quarterly earnings data on Friday, July 12th. The financial services provider reported $6.
12 earnings per share 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 return on equity of 17.26% and a net margin of 20.
32%. During the same quarter in the prior year, the company earned $4.37 earnings per share.
As a group, equities analysts expect that JPMorgan Chase & Co. will post 16.78 earnings per share for the current fiscal year.
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. Read More Five stocks we like better than JPMorgan Chase & Co. What is the Dogs of the Dow Strategy? Overview and Examples Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? What Are Dividend Champions? How to Invest in the Champions Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge There Are Different Types of Stock To Invest In Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Receive News & Ratings for JPMorgan Chase & Co.
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