JPMorgan Chase & Co. (JPM) Shares Bought by Accurate Investment Solutions Inc.

Accurate Investment Solutions Inc. increased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 43.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,011 shares of the financial services provider’s stock after buying an additional 607 shares during the period. Accurate Investment Solutions Inc.’s holdings in JPMorgan Chase & Co. were worth $192,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Jackson Grant Investment Advisers Inc. increased its stake in shares of JPMorgan Chase & Co. by 0.4% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 3,289 shares of the financial services provider’s stock worth $301,000 after purchasing an additional 12 shares in the last quarter. IPG Investment Advisors LLC increased its stake in shares of JPMorgan Chase & Co. by 0.3% in the second quarter. IPG Investment Advisors LLC now owns 6,654 shares of the financial services provider’s stock worth $608,000 after purchasing an additional 17 shares in the last quarter. BSW Wealth Partners increased its stake in shares of JPMorgan Chase & Co. by 0.5% in the first quarter. BSW Wealth Partners now owns 4,889 shares of the financial services provider’s stock worth $429,000 after purchasing an additional 26 shares in the last quarter. Sunbelt Securities Inc. increased its stake in shares of JPMorgan Chase & Co. by 0.5% in the second quarter. Sunbelt Securities Inc. now owns 5,128 shares of the financial services provider’s stock worth $469,000 after purchasing an additional 26 shares in the last quarter. Finally, Financial Advisory Service Inc. increased its stake in shares of JPMorgan Chase & Co. by 0.7% in the first quarter. Financial Advisory Service Inc. now owns 5,028 shares of the financial services provider’s stock worth $442,000 after purchasing an additional 36 shares in the last quarter. Institutional investors and hedge funds own 73.75% of the company’s stock.

JPM has been the subject of several recent analyst reports. Bank of America set a $102.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research note on Friday, October 13th. Oppenheimer reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a research note on Thursday, October 12th. Jefferies Group reaffirmed a “buy” rating and set a $102.00 price objective on shares of JPMorgan Chase & Co. in a research note on Friday, September 15th. Royal Bank of Canada reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Friday, December 8th. Finally, Wells Fargo & Co set a $120.00 price objective on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a research note on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seventeen have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $92.35.

Shares of JPMorgan Chase & Co. (JPM) opened at $106.94 on Monday. The firm has a market cap of $371,052.50, a P/E ratio of 15.41, a PEG ratio of 2.32 and a beta of 1.22. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.37. JPMorgan Chase & Co. has a 1-year low of $81.64 and a 1-year high of $108.46.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.67 by $0.09. The firm had revenue of $25.33 billion during the quarter, compared to analyst estimates of $24.91 billion. JPMorgan Chase & Co. had a net margin of 24.08% and a return on equity of 11.68%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.58 EPS. research analysts predict that JPMorgan Chase & Co. will post 6.92 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th will be issued a $0.56 dividend. The ex-dividend date is Thursday, January 4th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.09%. JPMorgan Chase & Co.’s payout ratio is 32.28%.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $101.96, for a total value of $214,014.04. Following the completion of the sale, the general counsel now directly owns 15,279 shares in the company, valued at approximately $1,557,846.84. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.88% of the company’s stock.

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JPMorgan Chase & Co. 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.

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

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