3 days Ago By ABMN Staff
Steigerwald Gordon & Koch Inc. lifted its holdings in shares of JPMorgan Chase & Co. ( NYSE:JPM ) by 0.
8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,234 shares of the financial services provider’s stock after buying an additional 1,042 shares during the period. JPMorgan Chase & Co.
comprises 3.2% of Steigerwald Gordon & Koch Inc.’s investment portfolio, making the stock its 5th biggest holding.
Steigerwald Gordon & Koch Inc.’s holdings in JPMorgan Chase & Co. were worth $26,543,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Retirement Group LLC grew its position in JPMorgan Chase & Co. by 227.
1% during the first quarter. Retirement Group LLC now owns 157 shares of the financial services provider’s stock worth $31,000 after buying an additional 109 shares during the period. Richardson Capital Management LLC purchased a new stake in shares of JPMorgan Chase & Co.
during the 1st quarter worth approximately $34,000. Anfield Capital Management LLC acquired a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter worth approximately $34,000.
Davidson Capital Management Inc. purchased a new position in JPMorgan Chase & Co. in the 1st quarter valued at approximately $37,000.
Finally, Kathleen S. Wright Associates Inc. acquired a new position in JPMorgan Chase & Co.
during the first quarter worth $40,000. 71.55% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In JPM has been the topic of several research reports. Oppenheimer upped their target price on JPMorgan Chase & Co. from $215.
00 to $221.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Wells Fargo & Company raised their target price on shares of JPMorgan Chase & Co.
from $220.00 to $225.00 and gave the company an “overweight” rating in a report on Monday, July 15th.
Citigroup upped their price target on shares of JPMorgan Chase & Co. from $205.00 to $215.
00 and gave the company a “neutral” rating in a report on Monday, July 15th. Wolfe Research cut shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 8th.
Finally, StockNews.com raised JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research note on Saturday, July 13th.
Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $211.
06. JPMorgan Chase & Co. Trading Down 1.
1 % NYSE JPM opened at $204.32 on Monday. The company has a market cap of $586.
74 billion, a P/E ratio of 11.40, a P/E/G ratio of 2.33 and a beta of 1.
12. JPMorgan Chase & Co. has a 12 month low of $135.
19 and a 12 month high of $225.48. The company has a debt-to-equity ratio of 1.
24, a current ratio of 0.91 and a quick ratio of 0.91.
The company has a 50-day moving average of $211.34 and a 200-day moving average of $201.04.
JPMorgan Chase & Co. ( NYSE:JPM – Get Free Report ) last issued its quarterly earnings results on Friday, July 12th. The financial services provider reported $6.
12 EPS for the quarter, topping the consensus estimate of $4.19 by $1.93.
The firm had revenue of $50.80 billion during the quarter, compared to analyst estimates of $42.23 billion.
JPMorgan Chase & Co. had a net margin of 20.32% and a return on equity of 17.
26%. During the same quarter in the prior year, the business posted $4.37 earnings per share.
As a group, equities analysts predict that JPMorgan Chase & Co. will post 16.78 earnings per share for the current year.
JPMorgan Chase & Co. 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 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.
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