Coastline Trust Co cut its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,537 shares of the financial services provider’s stock after selling 115 shares during the period. Coastline Trust Co’s holdings in JPMorgan Chase & Co. were worth $1,881,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of JPM. TD Capital Management LLC raised its stake in shares of JPMorgan Chase & Co. by 9.8% during the 2nd quarter. TD Capital Management LLC now owns 1,135 shares of the financial services provider’s stock worth $107,000 after buying an additional 101 shares in the last quarter. Atlas Private Wealth Management raised its stake in shares of JPMorgan Chase & Co. by 0.7% during the 2nd quarter. Atlas Private Wealth Management now owns 16,114 shares of the financial services provider’s stock worth $1,516,000 after buying an additional 106 shares in the last quarter. Bay Harbor Wealth Management LLC raised its stake in shares of JPMorgan Chase & Co. by 18.3% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 692 shares of the financial services provider’s stock worth $65,000 after buying an additional 107 shares in the last quarter. Capital Analysts LLC raised its stake in shares of JPMorgan Chase & Co. by 0.3% during the 2nd quarter. Capital Analysts LLC now owns 31,390 shares of the financial services provider’s stock worth $2,953,000 after buying an additional 107 shares in the last quarter. Finally, Spotlight Asset Group Inc. raised its stake in shares of JPMorgan Chase & Co. by 2.5% during the 2nd quarter. Spotlight Asset Group Inc. now owns 4,453 shares of the financial services provider’s stock worth $419,000 after buying an additional 108 shares in the last quarter. 69.35% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:JPM opened at $101.51 on Friday. The business’s fifty day moving average price is $99.36 and its two-hundred day moving average price is $96.79. The stock has a market cap of $309.36 billion, a PE ratio of 13.27, a price-to-earnings-growth ratio of 3.16 and a beta of 1.15. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.88 and a current ratio of 0.88. JPMorgan Chase & Co. has a one year low of $76.91 and a one year high of $141.10.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Monday, October 19th. The financial services provider reported $2.92 EPS for the quarter, beating analysts’ consensus estimates of $2.23 by $0.69. The firm had revenue of $29.90 billion for the quarter, compared to analysts’ expectations of $28.20 billion. JPMorgan Chase & Co. had a return on equity of 10.75% and a net margin of 18.16%. JPMorgan Chase & Co.’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.68 EPS. As a group, equities research analysts predict that JPMorgan Chase & Co. will post 6.48 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Monday, October 5th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 34.35%.

JPM has been the subject of a number of analyst reports. Seaport Global Securities initiated coverage on JPMorgan Chase & Co. in a research note on Wednesday, July 8th. They set a “buy” rating and a $119.00 target price for the company. Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and increased their target price for the stock from $105.00 to $115.00 in a research note on Thursday, September 3rd. Royal Bank of Canada restated a “buy” rating and issued a $110.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday. Berenberg Bank upped their price target on JPMorgan Chase & Co. from $77.00 to $80.00 and gave the stock a “sell” rating in a report on Monday, July 20th. Finally, DA Davidson upgraded JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating and upped their price target for the stock from $102.00 to $117.00 in a report on Thursday, July 9th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $111.59.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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

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