JPMorgan Chase & Co. (NYSE:JPM) Holdings Increased by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. raised its stake in JPMorgan Chase & Co. (NYSE:JPM) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,442 shares of the financial services provider’s stock after purchasing an additional 687 shares during the period. Ausdal Financial Partners Inc.’s holdings in JPMorgan Chase & Co. were worth $1,331,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Welch Investments LLC purchased a new position in shares of JPMorgan Chase & Co. during the third quarter worth approximately $103,000. Keeler Thomas Management LLC purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $112,000. Cerebellum GP LLC purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $119,000. Price Wealth Management Inc. purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $124,000. Finally, Americafirst Capital Management LLC purchased a new position in shares of JPMorgan Chase & Co. during the third quarter worth approximately $143,000. Institutional investors own 72.10% of the company’s stock.

JPM has been the topic of a number of research reports. Morgan Stanley raised their target price on shares of JPMorgan Chase & Co. from $133.00 to $136.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 21st. Jefferies Financial Group restated a “buy” rating and set a $131.00 target price (up from $124.00) on shares of JPMorgan Chase & Co. in a research report on Wednesday, February 21st. Nomura raised their target price on shares of JPMorgan Chase & Co. from $113.00 to $117.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 28th. BMO Capital Markets raised their target price on shares of JPMorgan Chase & Co. from $110.00 to $111.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 28th. Finally, Vetr upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating and set a $111.28 target price on the stock in a research report on Thursday, March 1st. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and fourteen have issued a buy rating to the company. JPMorgan Chase & Co. currently has a consensus rating of “Hold” and a consensus target price of $114.06.



JPMorgan Chase & Co. traded down $1.94, reaching $108.03, during midday trading on Thursday, Marketbeat Ratings reports. The company’s stock had a trading volume of 20,480,145 shares, compared to its average volume of 15,183,864. JPMorgan Chase & Co. has a fifty-two week low of $86.01 and a fifty-two week high of $119.33. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $380.36 billion, a P/E ratio of 15.72, a price-to-earnings-growth ratio of 1.84 and a beta of 1.21.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Friday, April 13th. The financial services provider reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.09. The company had revenue of $27.90 billion during the quarter, compared to the consensus estimate of $27.73 billion. JPMorgan Chase & Co. had a return on equity of 12.60% and a net margin of 22.53%. JPMorgan Chase & Co.’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.65 earnings per share. sell-side analysts predict that JPMorgan Chase & Co. will post 9.05 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 31st. Stockholders of record on Friday, July 6th will be paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Thursday, July 5th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 32.61%.

In other news, Director Chase & Co Jpmorgan purchased 22,000 shares of the business’s stock in a transaction dated Thursday, May 31st. The stock was acquired at an average price of $1,000.00 per share, with a total value of $22,000,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mellody L. Hobson purchased 18,000 shares of the business’s stock in a transaction dated Monday, April 16th. The shares were purchased at an average cost of $111.05 per share, with a total value of $1,998,900.00. Following the purchase, the director now directly owns 864 shares in the company, valued at $95,947.20. The disclosure for this purchase can be found here. Insiders have bought a total of 53,000 shares of company stock valued at $25,488,830 in the last ninety days. Corporate insiders own 0.73% of the company’s stock.

About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

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

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