Peachtree Investment Advisors Inc. boosted its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,325 shares of the financial services provider’s stock after buying an additional 100 shares during the period. JPMorgan Chase & Co. accounts for 1.3% of Peachtree Investment Advisors Inc.’s investment portfolio, making the stock its 28th largest position. Peachtree Investment Advisors Inc.’s holdings in JPMorgan Chase & Co. were worth $1,353,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Jackson Grant Investment Advisers Inc. raised its stake in JPMorgan Chase & Co. by 0.7% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,014 shares of the financial services provider’s stock valued at $125,000 after buying an additional 14 shares during the period. Vigilant Capital Management LLC raised its stake in JPMorgan Chase & Co. by 22.1% in the second quarter. Vigilant Capital Management LLC now owns 2,079 shares of the financial services provider’s stock valued at $129,000 after buying an additional 376 shares during the period. Perkins Coie Trust Co raised its stake in JPMorgan Chase & Co. by 10.2% in the second quarter. Perkins Coie Trust Co now owns 2,163 shares of the financial services provider’s stock valued at $134,000 after buying an additional 200 shares during the period. Hanson McClain Inc. raised its stake in JPMorgan Chase & Co. by 1.3% in the second quarter. Hanson McClain Inc. now owns 2,384 shares of the financial services provider’s stock valued at $148,000 after buying an additional 31 shares during the period. Finally, Physicians Financial Services Inc. raised its stake in JPMorgan Chase & Co. by 12.2% in the second quarter. Physicians Financial Services Inc. now owns 2,432 shares of the financial services provider’s stock valued at $151,000 after buying an additional 265 shares during the period. Institutional investors own 72.45% of the company’s stock.

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

JPMorgan Chase & Co. (NYSE:JPM) traded down 0.65% during trading on Monday, reaching $78.32. 13,007,242 shares of the company’s stock traded hands. JPMorgan Chase & Co. has a 52-week low of $52.50 and a 52-week high of $80.44. The stock has a market cap of $280.21 billion, a price-to-earnings ratio of 13.51 and a beta of 1.51. The company’s 50 day moving average is $71.99 and its 200-day moving average is $66.51.

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

The company also recently announced a quarterly dividend, which was paid on Monday, October 31st. Stockholders of record on Thursday, October 6th were paid a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, October 4th. This represents a $1.92 annualized dividend and a dividend yield of 2.45%. JPMorgan Chase & Co.’s payout ratio is 33.10%.

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Several research firms have weighed in on JPM. Vetr upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $71.81 target price on the stock in a report on Tuesday, November 1st. Macquarie reissued a “neutral” rating and set a $70.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, October 17th. Zacks Investment Research downgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research report on Tuesday, September 20th. Buckingham Research downgraded shares of JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $71.00 to $74.00 in a research report on Monday, October 17th. Finally, Credit Suisse Group AG reissued a “buy” rating and set a $78.00 price objective on shares of JPMorgan Chase & Co. in a research report on Thursday, November 3rd. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $72.43.

In related news, CFO Marianne Lake sold 14,083 shares of the stock in a transaction dated Monday, October 17th. The shares were sold at an average price of $67.26, for a total transaction of $947,222.58. Following the completion of the transaction, the chief financial officer now owns 16,581 shares in the company, valued at $1,115,238.06. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction dated Wednesday, October 26th. The shares were sold at an average price of $69.03, for a total transaction of $144,893.97. Following the transaction, the general counsel now owns 4,752 shares of the company’s stock, valued at approximately $328,030.56. The disclosure for this sale can be found here. 0.85% of the stock is currently owned by 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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