Woodstock Corp increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,372 shares of the financial services provider’s stock after buying an additional 565 shares during the period. Woodstock Corp’s holdings in JPMorgan Chase & Co. were worth $3,221,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Sterling Ridge Capital Management LP acquired a new stake in shares of JPMorgan Chase & Co. during the first quarter valued at $4,361,000. Steinberg Global Asset Management boosted its position in JPMorgan Chase & Co. by 92.2% in the first quarter. Steinberg Global Asset Management now owns 22,438 shares of the financial services provider’s stock valued at $1,329,000 after buying an additional 10,761 shares during the period. Halsey Associates Inc. CT boosted its position in JPMorgan Chase & Co. by 1.5% in the first quarter. Halsey Associates Inc. CT now owns 47,633 shares of the financial services provider’s stock valued at $2,821,000 after buying an additional 705 shares during the period. Orbis Allan Gray Ltd purchased a new position in JPMorgan Chase & Co. during the first quarter valued at approximately $22,670,000. Finally, Envestnet Asset Management Inc. boosted its position in JPMorgan Chase & Co. by 3.6% in the first quarter. Envestnet Asset Management Inc. now owns 1,338,087 shares of the financial services provider’s stock valued at $79,242,000 after buying an additional 47,024 shares during the period. 72.45% of the stock is currently owned by institutional investors and hedge funds.

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

JPMorgan Chase & Co. (NYSE:JPM) traded up 0.77% during midday trading on Tuesday, hitting $78.92. 14,144,062 shares of the company traded hands. The stock has a 50 day moving average price of $71.99 and a 200-day moving average price of $66.51. JPMorgan Chase & Co. has a 12-month low of $52.50 and a 12-month high of $80.44. The company has a market cap of $282.36 billion, a PE ratio of 13.61 and a beta of 1.51.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Friday, October 14th. The financial services provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.19. The business earned $25.50 billion during the quarter. JPMorgan Chase & Co. had a net margin of 22.92% and a return on equity of 10.47%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.54 EPS. Analysts expect that JPMorgan Chase & Co. will post $5.88 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 31st. Shareholders of record on Thursday, October 6th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend was Tuesday, October 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 33.10%.

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JPM has been the subject of several analyst reports. boosted their price target on shares of JPMorgan Chase & Co. from $71.00 to $79.00 and gave the stock a “buy” rating in a report on Friday, September 23rd. Zacks Investment Research upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a report on Wednesday, October 5th. Jefferies Group boosted their price target on shares of JPMorgan Chase & Co. from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Monday, October 10th. Vetr upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $70.76 price target for the company in a report on Monday, October 17th. Finally, Credit Suisse Group AG reiterated a “buy” rating and set a $78.00 price target on shares of JPMorgan Chase & Co. in a report on Thursday, November 3rd. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and eighteen have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $72.43.

In other JPMorgan Chase & Co. news, CEO Mary E. Erdoes sold 25,542 shares of the business’s stock in a transaction dated Monday, October 17th. The shares were sold at an average price of $67.26, for a total value of $1,717,954.92. Following the sale, the chief executive officer now directly owns 291,080 shares in the company, valued at $19,578,040.80. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Marianne Lake sold 14,083 shares of the business’s stock in a transaction dated Monday, October 17th. The stock was sold at an average price of $67.26, for a total transaction of $947,222.58. Following the completion of the sale, the chief financial officer now owns 16,581 shares in the company, valued at $1,115,238.06. The disclosure for this sale can be found here. 0.85% of the stock is currently owned by company insiders.

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 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

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