2 weeks Ago By Defense World Staff
Wealthgarden F.S. LLC bought a new stake in JPMorgan Chase & Co.
( NYSE:JPM ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,122 shares of the financial services provider’s stock, valued at approximately $631,000. Other institutional investors also recently added to or reduced their stakes in the company.
Gilbert & Cook Inc. boosted its holdings in shares of JPMorgan Chase & Co. by 1.
5% in the fourth 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 increased its stake in JPMorgan Chase & Co. by 13.0% in the fourth quarter.
Aveo Capital Partners LLC now owns 5,151 shares of the financial services provider’s stock valued at $876,000 after purchasing an additional 591 shares during the period. Gryphon Financial Partners LLC increased its stake in JPMorgan Chase & Co. by 66.
9% in the fourth quarter. Gryphon Financial Partners LLC now owns 25,004 shares of the financial services provider’s stock valued at $4,238,000 after purchasing an additional 10,025 shares during the period. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of JPMorgan Chase & Co.
during the fourth quarter worth about $2,865,000. Finally, Private Wealth Management Group LLC purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth about $390,000.
Hedge funds and other institutional investors own 71.55% of the company’s stock. JPMorgan Chase & Co.
Price Performance Shares of NYSE JPM opened at $209.50 on Wednesday. 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 50-day moving average price is $211.43 and its 200 day moving average price is $201.36.
JPMorgan Chase & Co. has a 52 week low of $135.19 and a 52 week high of $225.
48. The stock has a market cap of $601.61 billion, a price-to-earnings ratio of 11.
68, a PEG ratio of 2.33 and a beta of 1.12.
Wall Street Analyst Weigh In Several analysts have commented on JPM shares. Piper Sandler upped their price objective on JPMorgan Chase & Co. from $220.
00 to $230.00 and gave the company an “overweight” rating in a research note on Monday, July 15th. Citigroup increased their price target on JPMorgan Chase & Co.
from $205.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday, July 15th.
Oppenheimer boosted their price objective on shares of JPMorgan Chase & Co. from $215.00 to $221.
00 and gave the company an “outperform” rating in a research note 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, Jefferies Financial Group boosted their price target on shares of JPMorgan Chase & Co. from $230.00 to $239.
00 and gave the stock a “buy” rating in a research note on Wednesday, July 3rd. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.
06. View Our Latest Analysis 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.
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