Bedrijfstakpensioenfonds Voor DE Media PNO maintained its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 381,700 shares of the financial services provider’s stock at the end of the second quarter. JPMorgan Chase & Co. comprises approximately 3.2% of Bedrijfstakpensioenfonds Voor DE Media PNO’s investment portfolio, making the stock its 6th largest position. Bedrijfstakpensioenfonds Voor DE Media PNO’s holdings in JPMorgan Chase & Co. were worth $23,719,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Traynor Capital Management Inc. increased its position in JPMorgan Chase & Co. by 0.6% in the first quarter. Traynor Capital Management Inc. now owns 14,485 shares of the financial services provider’s stock valued at $857,000 after buying an additional 88 shares during the period. V Wealth Management LLC purchased a new position in JPMorgan Chase & Co. during the first quarter valued at about $1,614,000. Dividend Asset Capital LLC increased its position in JPMorgan Chase & Co. by 25.0% in the first quarter. Dividend Asset Capital LLC now owns 25,263 shares of the financial services provider’s stock valued at $1,496,000 after buying an additional 5,059 shares during the period. QUANTRES ASSET MANAGEMENT Ltd purchased a new position in JPMorgan Chase & Co. during the first quarter valued at about $1,634,000. Finally, Howard Capital Management increased its position in JPMorgan Chase & Co. by 0.5% in the first quarter. Howard Capital Management now owns 146,914 shares of the financial services provider’s stock valued at $8,700,000 after buying an additional 713 shares during the period. Institutional investors own 73.34% of the company’s stock.

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

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded up 0.78% during midday trading on Monday, reaching $68.64. The company’s stock had a trading volume of 13,027,466 shares. JPMorgan Chase & Co. has a 52-week low of $52.50 and a 52-week high of $69.06. The company has a market capitalization of $247.89 billion, a price-to-earnings ratio of 11.63 and a beta of 1.54. The stock has a 50 day moving average price of $66.80 and a 200-day moving average price of $63.86.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Thursday, July 14th. The financial services provider reported $1.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.12. The firm had revenue of $24.40 billion for the quarter, compared to analyst estimates of $23.84 billion. JPMorgan Chase & Co. had a return on equity of 10.20% and a net margin of 24.47%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.54 EPS. Equities research analysts expect that JPMorgan Chase & Co. will post $5.66 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 31st. Shareholders of record on Thursday, October 6th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Tuesday, October 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 32.54%.

Several research analysts have recently issued reports on JPM shares. Credit Agricole SA lifted their price target on JPMorgan Chase & Co. from $71.00 to $79.00 and gave the stock a “buy” rating in a research note on Friday, September 23rd. Zacks Investment Research downgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research note on Tuesday, September 20th. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of JPMorgan Chase & Co. in a research note on Tuesday, September 27th. Nomura reissued a “hold” rating and issued a $65.00 target price on shares of JPMorgan Chase & Co. in a research note on Thursday, September 29th. Finally, Sandler O’Neill downgraded shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $72.00 target price for the company. in a research note on Thursday. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-three have issued a buy rating to the stock. JPMorgan Chase & Co. has an average rating of “Buy” and a consensus target price of $72.25.

In other news, COO Matthew E. Zames sold 3,991 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $63.91, for a total transaction of $255,064.81. Following the sale, the chief operating officer now owns 282,287 shares of the company’s stock, valued at approximately $18,040,962.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Gordon Smith sold 23,735 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $64.05, for a total value of $1,520,226.75. Following the sale, the executive vice president now directly owns 152,462 shares in the company, valued at approximately $9,765,191.10. The disclosure for this sale can be found here. 0.85% of the stock is owned by company insiders.

About JPMorgan Chase & Co.

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 serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

5 Day Chart for NYSE:JPM

Receive News & Stock 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 stocks with our FREE daily email newsletter.