JPMorgan Chase & Co. (JPM) Shares Bought by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 110,551 shares of the financial services provider’s stock after purchasing an additional 3,695 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in JPMorgan Chase & Co. were worth $10,559,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JPM. Stoneridge Investment Partners LLC raised its holdings in shares of JPMorgan Chase & Co. by 3.6% in the first quarter. Stoneridge Investment Partners LLC now owns 90,495 shares of the financial services provider’s stock worth $7,949,000 after acquiring an additional 3,156 shares during the last quarter. Blue Fin Capital Inc. raised its holdings in shares of JPMorgan Chase & Co. by 0.3% in the first quarter. Blue Fin Capital Inc. now owns 19,508 shares of the financial services provider’s stock worth $1,714,000 after acquiring an additional 65 shares during the last quarter. Searle & CO. raised its holdings in shares of JPMorgan Chase & Co. by 13.9% in the first quarter. Searle & CO. now owns 8,395 shares of the financial services provider’s stock worth $737,000 after acquiring an additional 1,026 shares during the last quarter. Davis Rea LTD. raised its holdings in shares of JPMorgan Chase & Co. by 8.1% in the first quarter. Davis Rea LTD. now owns 21,742 shares of the financial services provider’s stock worth $1,910,000 after acquiring an additional 1,633 shares during the last quarter. Finally, HPM Partners LLC raised its holdings in shares of JPMorgan Chase & Co. by 3,427.7% in the first quarter. HPM Partners LLC now owns 178,182 shares of the financial services provider’s stock worth $15,652,000 after acquiring an additional 173,131 shares during the last quarter. Institutional investors own 73.75% of the company’s stock.

A number of equities analysts have recently weighed in on JPM shares. Barclays boosted their price target on JPMorgan Chase & Co. from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, October 13th. Credit Suisse Group reissued a “buy” rating and issued a $110.00 price target (up from $103.00) on shares of JPMorgan Chase & Co. in a report on Monday, October 9th. They noted that the move was a valuation call. Oppenheimer reissued a “hold” rating on shares of JPMorgan Chase & Co. in a report on Thursday, October 12th. Morgan Stanley boosted their price target on JPMorgan Chase & Co. from $99.00 to $107.00 and gave the stock an “overweight” rating in a report on Friday, October 13th. Finally, Wells Fargo & Co set a $120.00 price target on JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Wednesday, December 20th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seventeen have assigned a buy rating to the stock. JPMorgan Chase & Co. currently has an average rating of “Hold” and an average target price of $92.35.

Shares of JPMorgan Chase & Co. (NYSE JPM) opened at $107.45 on Monday. The company has a market capitalization of $372,820.00, a PE ratio of 15.42, a price-to-earnings-growth ratio of 2.34 and a beta of 1.22. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.03 and a current ratio of 1.03. JPMorgan Chase & Co. has a 12 month low of $81.64 and a 12 month high of $108.46.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Thursday, October 12th. The financial services provider reported $1.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.67 by $0.09. The company had revenue of $25.33 billion during the quarter, compared to analyst estimates of $24.91 billion. JPMorgan Chase & Co. had a return on equity of 11.68% and a net margin of 24.08%. The firm’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.58 earnings per share. sell-side analysts anticipate that JPMorgan Chase & Co. will post 6.93 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, January 5th will be paid a dividend of $0.56 per share. The ex-dividend date of this dividend is Thursday, January 4th. This represents a $2.24 annualized dividend and a yield of 2.08%. JPMorgan Chase & Co.’s dividend payout ratio is presently 32.14%.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 2,099 shares of the company’s stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $101.96, for a total transaction of $214,014.04. Following the completion of the sale, the general counsel now directly owns 15,279 shares in the company, valued at $1,557,846.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.88% of the company’s stock.

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JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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

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