3 days Ago By ABMN Staff
Mawer Investment Management Ltd. lowered its position in shares of JPMorgan Chase & Co. ( NYSE:JPM ) by 13.
5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 488,926 shares of the financial services provider’s stock after selling 76,613 shares during the quarter. Mawer Investment Management Ltd.
’s holdings in JPMorgan Chase & Co. were worth $98,890,000 as of its most recent SEC filing. Several other large investors have also recently bought and sold shares of JPM.
Capital International Investors increased its position in shares of JPMorgan Chase & Co. by 1.9% in the 1st quarter.
Capital International Investors now owns 42,294,992 shares of the financial services provider’s stock valued at $8,471,687,000 after buying an additional 778,297 shares in the last quarter. Norges Bank acquired a new position in JPMorgan Chase & Co. in the fourth quarter valued at about $6,016,878,000.
Capital World Investors increased its holdings in shares of JPMorgan Chase & Co. by 0.4% in the first quarter.
Capital World Investors now owns 34,422,011 shares of the financial services provider’s stock worth $6,894,729,000 after acquiring an additional 150,812 shares in the last quarter. Capital Research Global Investors raised its position in shares of JPMorgan Chase & Co. by 23.
3% during the first quarter. Capital Research Global Investors now owns 17,200,124 shares of the financial services provider’s stock worth $3,445,185,000 after purchasing an additional 3,252,451 shares during the period. Finally, Fisher Asset Management LLC lifted its holdings in shares of JPMorgan Chase & Co.
by 4.0% during the 4th quarter. Fisher Asset Management LLC now owns 11,836,898 shares of the financial services provider’s stock valued at $2,013,457,000 after purchasing an additional 450,098 shares in the last quarter.
Institutional investors own 71.55% of the company’s stock. JPMorgan Chase & Co.
Price Performance Shares of JPM opened at $204.32 on Monday. 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 company’s fifty day simple moving average is $211.34 and its 200 day simple moving average is $201.04.
JPMorgan Chase & Co. has a 1-year low of $135.19 and a 1-year high of $225.
48. The company has a market cap of $586.74 billion, a price-to-earnings ratio of 11.
40, a PEG ratio of 2.33 and a beta of 1.12.
Wall Street Analyst Weigh In Several brokerages have commented on JPM. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $235.00 target price on shares of JPMorgan Chase & Co.
in a report on Tuesday, September 3rd. Royal Bank of Canada restated an “outperform” rating and set a $211.00 price objective on shares of JPMorgan Chase & Co.
in a report on Tuesday, May 21st. Wolfe Research lowered shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 8th.
Evercore ISI lifted their price target on JPMorgan Chase & Co. from $210.00 to $211.
00 and gave the company an “outperform” rating in a research note on Monday, July 15th. Finally, UBS Group increased their price objective on JPMorgan Chase & Co. from $219.
00 to $224.00 and gave the stock a “buy” rating in a report on Tuesday, May 21st. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company.
Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $211.06. Check Out Our Latest Stock Report on JPMorgan Chase & Co.
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. Featured Articles 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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