Vestor Capital LLC lowered its position in JPMorgan Chase & Co. (NYSE:JPM) by 1.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 114,996 shares of the financial services provider’s stock after selling 1,933 shares during the period. JPMorgan Chase & Co. comprises approximately 2.5% of Vestor Capital LLC’s investment portfolio, making the stock its 9th largest position. Vestor Capital LLC’s holdings in JPMorgan Chase & Co. were worth $10,983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JPM. Janus Henderson Group PLC lifted its position in JPMorgan Chase & Co. by 517.3% in the second quarter. Janus Henderson Group PLC now owns 5,553,819 shares of the financial services provider’s stock valued at $507,632,000 after purchasing an additional 4,654,113 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of JPMorgan Chase & Co. by 29.2% during the second quarter. Alliancebernstein L.P. now owns 17,456,699 shares of the financial services provider’s stock valued at $1,595,542,000 after acquiring an additional 3,945,948 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of JPMorgan Chase & Co. by 1.5% during the second quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock valued at $22,839,729,000 after acquiring an additional 3,717,683 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in shares of JPMorgan Chase & Co. by 40.8% during the second quarter. Parametric Portfolio Associates LLC now owns 9,769,017 shares of the financial services provider’s stock valued at $892,886,000 after acquiring an additional 2,828,726 shares in the last quarter. Finally, Harbour Capital Advisors LLC raised its holdings in shares of JPMorgan Chase & Co. by 8,767.4% during the second quarter. Harbour Capital Advisors LLC now owns 2,794,464 shares of the financial services provider’s stock valued at $30,574,000 after acquiring an additional 2,762,950 shares in the last quarter. 73.66% of the stock is owned by institutional investors and hedge funds.

In related news, Director James S. Crown bought 7,280 shares of the business’s stock in a transaction dated Thursday, January 18th. The shares were purchased at an average cost of $113.37 per share, with a total value of $825,333.60. Following the completion of the purchase, the director now owns 305,875 shares in the company, valued at approximately $34,677,048.75. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Peter Scher sold 26,532 shares of the stock in a transaction on Friday, January 19th. The stock was sold at an average price of $113.42, for a total value of $3,009,259.44. The disclosure for this sale can be found here. Over the last three months, insiders sold 152,047 shares of company stock worth $17,098,115. Insiders own 0.88% of the company’s stock.

A number of brokerages recently commented on JPM. Keefe, Bruyette & Woods upgraded JPMorgan Chase & Co. from a “market perform” rating to an “outperform” rating and set a $127.00 target price for the company in a report on Tuesday. Vetr upgraded JPMorgan Chase & Co. from a “strong sell” rating to a “sell” rating and set a $102.07 target price for the company in a report on Tuesday, February 6th. ValuEngine upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Morgan Stanley upped their target price on JPMorgan Chase & Co. from $128.00 to $133.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Finally, Bank of America set a $119.00 target price on JPMorgan Chase & Co. and gave the company a “buy” rating in a report on Monday, January 15th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and sixteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $108.71.

JPMorgan Chase & Co. (JPM) opened at $112.43 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.01 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $387,707.16, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23. JPMorgan Chase & Co. has a twelve month low of $81.64 and a twelve month high of $117.35.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Friday, January 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.07. The business had revenue of $24.15 billion during the quarter, compared to the consensus estimate of $24.87 billion. JPMorgan Chase & Co. had a return on equity of 11.63% and a net margin of 21.46%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.71 earnings per share. equities analysts forecast that JPMorgan Chase & Co. will post 8.85 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th were paid a $0.56 dividend. The ex-dividend date of this dividend was Thursday, January 4th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.99%. JPMorgan Chase & Co.’s dividend payout ratio is currently 35.56%.

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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 offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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

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