1 week Ago By ABMN Staff
Laidlaw Wealth Management LLC decreased its stake in shares of JPMorgan Chase & Co. ( NYSE:JPM – Free Report ) by 18.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.
The institutional investor owned 3,229 shares of the financial services provider’s stock after selling 719 shares during the period. Laidlaw Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $653,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of JPM. GUNN & Co INVESTMENT MANAGEMENT INC. boosted its holdings in shares of JPMorgan Chase & Co.
by 1,202.2% during the 4th quarter. GUNN & Co INVESTMENT MANAGEMENT INC.
now owns 386,259 shares of the financial services provider’s stock valued at $65,703,000 after buying an additional 356,596 shares in the last quarter. Gilbert & Cook Inc. lifted its position 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 valued at $1,932,000 after acquiring an additional 164 shares during the period. Aveo Capital Partners LLC boosted its stake in JPMorgan Chase & Co. by 13.
0% during the fourth quarter. Aveo Capital Partners LLC now owns 5,151 shares of the financial services provider’s stock worth $876,000 after acquiring an additional 591 shares in the last quarter. Forte Capital LLC ADV grew its holdings in JPMorgan Chase & Co.
by 3.6% in the fourth quarter. Forte Capital LLC ADV now owns 35,982 shares of the financial services provider’s stock worth $6,121,000 after purchasing an additional 1,234 shares during the period.
Finally, Red Cedar Investment Management LLC increased its stake in shares of JPMorgan Chase & Co. by 2.2% during the fourth quarter.
Red Cedar Investment Management LLC now owns 24,379 shares of the financial services provider’s stock valued at $4,147,000 after purchasing an additional 536 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.
Insider Buying and Selling at JPMorgan Chase & Co. In other news, insider Ashley Bacon sold 5,086 shares of JPMorgan Chase & Co. stock in a transaction on Monday, June 10th.
The shares were sold at an average price of $199.54, for a total transaction of $1,014,860.44.
Following the transaction, the insider now owns 212,265 shares in the company, valued at approximately $42,355,358.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .
0.79% of the stock is owned by corporate insiders. Analyst Upgrades and Downgrades Read Our Latest Stock Analysis on JPMorgan Chase & Co.
JPMorgan Chase & Co. Stock Down 2.4 % JPMorgan Chase & Co.
stock opened at $212.46 on Friday. The stock has a market cap of $610.
11 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 2.62 and a beta of 1.
12. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.
91 and a current ratio of 0.91. The stock has a fifty day moving average of $211.
25 and a 200 day moving average of $200.04. JPMorgan Chase & Co.
has a one year low of $135.19 and a one year high of $225.48.
JPMorgan Chase & Co. ( NYSE:JPM – Get Free Report ) last released its quarterly earnings results on Friday, July 12th. The financial services provider reported $6.
12 EPS for the quarter, beating 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 firm earned $4.37 EPS.
As a group, sell-side analysts predict that JPMorgan Chase & Co. will post 16.78 EPS for the current year.
About JPMorgan Chase & Co. ( 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. Further Reading 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.
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