JPMorgan Chase & Co. (NYSE:JPM) Shares Purchased by Capital Square LLC

Capital Square LLC boosted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 11.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,758 shares of the financial services provider’s stock after acquiring an additional 780 shares during the period. Capital Square LLC’s holdings in JPMorgan Chase & Co. were worth $746,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Tortoise Investment Management LLC lifted its holdings in JPMorgan Chase & Co. by 2.0% in the 3rd quarter. Tortoise Investment Management LLC now owns 5,018 shares of the financial services provider’s stock valued at $483,000 after purchasing an additional 100 shares in the last quarter. TD Capital Management LLC lifted its holdings in shares of JPMorgan Chase & Co. by 9.8% during the 2nd quarter. TD Capital Management LLC now owns 1,135 shares of the financial services provider’s stock worth $107,000 after acquiring an additional 101 shares during the period. Atlas Private Wealth Management lifted its holdings in shares of JPMorgan Chase & Co. by 0.7% during the 2nd quarter. Atlas Private Wealth Management now owns 16,114 shares of the financial services provider’s stock worth $1,516,000 after acquiring an additional 106 shares during the period. Capital Analysts LLC lifted its holdings in shares of JPMorgan Chase & Co. by 0.3% during the 2nd quarter. Capital Analysts LLC now owns 31,390 shares of the financial services provider’s stock worth $2,953,000 after acquiring an additional 107 shares during the period. Finally, Financial Consulate Inc. lifted its holdings in shares of JPMorgan Chase & Co. by 2.1% during the 3rd quarter. Financial Consulate Inc. now owns 5,087 shares of the financial services provider’s stock worth $490,000 after acquiring an additional 107 shares during the period. 69.35% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Nicole Giles sold 2,281 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $100.98, for a total transaction of $230,335.38. Also, CFO Jennifer Piepszak sold 3,297 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $101.11, for a total transaction of $333,359.67. 0.78% of the stock is currently owned by company insiders.

Shares of NYSE:JPM opened at $114.57 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.16. JPMorgan Chase & Co. has a 52-week low of $76.91 and a 52-week high of $141.10. The company has a 50 day moving average of $103.80 and a two-hundred day moving average of $99.04. The company has a market capitalization of $349.23 billion, a price-to-earnings ratio of 14.98, a price-to-earnings-growth ratio of 2.68 and a beta of 1.15.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Monday, October 19th. The financial services provider reported $2.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.23 by $0.69. JPMorgan Chase & Co. had a net margin of 19.16% and a return on equity of 10.85%. The company had revenue of $29.90 billion during the quarter, compared to the consensus estimate of $28.20 billion. During the same quarter last year, the company earned $2.68 earnings per share. JPMorgan Chase & Co.’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, equities analysts anticipate that JPMorgan Chase & Co. will post 7.47 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were given a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 3.14%. The ex-dividend date was Monday, October 5th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 34.35%.

JPM has been the topic of several recent analyst reports. Keefe, Bruyette & Woods lowered shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating and increased their price objective for the stock from $125.00 to $130.00 in a report on Wednesday. Independent Research upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and increased their price objective for the stock from $100.00 to $110.00 in a report on Tuesday, September 29th. BMO Capital Markets increased their price objective on shares of JPMorgan Chase & Co. from $117.00 to $119.00 and gave the stock a “market perform” rating in a report on Wednesday, October 14th. Morgan Stanley reiterated a “buy” rating and set a $106.00 price objective on shares of JPMorgan Chase & Co. in a report on Monday, July 27th. Finally, Credit Suisse Group restated a “buy” rating and issued a $126.00 price target (up previously from $122.00) on shares of JPMorgan Chase & Co. in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $111.34.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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