Boston Common Asset Management LLC cut its stake in JPMorgan Chase & Co. (NYSE:JPM) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 984 shares of the financial services provider’s stock after selling 99 shares during the period. Boston Common Asset Management LLC’s holdings in JPMorgan Chase & Co. were worth $236,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in JPM. Eagle Capital Management LLC boosted its position in shares of JPMorgan Chase & Co. by 0.4% during the 2nd quarter. Eagle Capital Management LLC now owns 21,867 shares of the financial services provider’s stock valued at $4,423,000 after purchasing an additional 84 shares in the last quarter. Fiera Capital Corp boosted its holdings in shares of JPMorgan Chase & Co. by 1.7% during the 2nd quarter. Fiera Capital Corp now owns 3,738 shares of the financial services provider’s stock worth $756,000 after buying an additional 63 shares in the last quarter. Alpha Financial Partners LLC increased its stake in shares of JPMorgan Chase & Co. by 9.4% in the 2nd quarter. Alpha Financial Partners LLC now owns 2,986 shares of the financial services provider’s stock valued at $604,000 after acquiring an additional 257 shares in the last quarter. DHK Financial Advisors Inc. acquired a new position in shares of JPMorgan Chase & Co. during the 2nd quarter valued at $585,000. Finally, Madison Wealth Partners Inc boosted its stake in JPMorgan Chase & Co. by 1.9% during the second quarter. Madison Wealth Partners Inc now owns 7,804 shares of the financial services provider’s stock worth $1,579,000 after acquiring an additional 149 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.
Insiders Place Their Bets
In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,303 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $838,763.82. Following the transaction, the general counsel now directly owns 47,620 shares in the company, valued at $12,092,622.80. This represents a 6.49 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.79% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Get Our Latest Stock Report on JPMorgan Chase & Co.
JPMorgan Chase & Co. Stock Up 2.0 %
Shares of NYSE:JPM opened at $259.46 on Monday. The business has a fifty day moving average price of $243.50 and a two-hundred day moving average price of $224.41. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market capitalization of $730.47 billion, a PE ratio of 14.44, a price-to-earnings-growth ratio of 3.16 and a beta of 1.11. JPMorgan Chase & Co. has a 1 year low of $165.24 and a 1 year high of $260.62.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.78. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The business had revenue of $42.77 billion during the quarter, compared to analyst estimates of $41.90 billion. During the same period in the prior year, the company earned $3.04 earnings per share. JPMorgan Chase & Co.’s revenue was up 10.9% compared to the same quarter last year. Analysts forecast that JPMorgan Chase & Co. will post 17.46 earnings per share for the current year.
JPMorgan Chase & Co. Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 6th will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Monday, January 6th. JPMorgan Chase & Co.’s payout ratio is currently 27.82%.
JPMorgan Chase & Co. Profile
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.
Recommended Stories
- Five stocks we like better than JPMorgan Chase & Co.
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Earn High Dividends With 2 Top REITs Set to Perform in 2025
- Best Aerospace Stocks Investing
- Oilfield Leader SLB: An AI Name You Need to Know
- What is the NASDAQ Stock Exchange?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
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. (NYSE:JPM – Free Report).
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. and related companies with MarketBeat.com's FREE daily email newsletter.