JPMorgan Chase & Co. (NYSE:JPM) Stock Holdings Raised by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC lifted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,242 shares of the financial services provider’s stock after buying an additional 261 shares during the period. Winthrop Advisory Group LLC’s holdings in JPMorgan Chase & Co. were worth $1,676,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the stock. Winfield Associates Inc. grew its position in shares of JPMorgan Chase & Co. by 5.2% during the 3rd quarter. Winfield Associates Inc. now owns 5,033 shares of the financial services provider’s stock valued at $824,000 after buying an additional 250 shares during the last quarter. Appleton Partners Inc. MA grew its position in shares of JPMorgan Chase & Co. by 3.6% during the 3rd quarter. Appleton Partners Inc. MA now owns 167,570 shares of the financial services provider’s stock valued at $27,429,000 after buying an additional 5,836 shares during the last quarter. Atlas Brown Inc. grew its position in shares of JPMorgan Chase & Co. by 0.9% during the 3rd quarter. Atlas Brown Inc. now owns 26,670 shares of the financial services provider’s stock valued at $4,366,000 after buying an additional 247 shares during the last quarter. Archford Capital Strategies LLC grew its position in shares of JPMorgan Chase & Co. by 3.5% during the 3rd quarter. Archford Capital Strategies LLC now owns 12,889 shares of the financial services provider’s stock valued at $2,110,000 after buying an additional 437 shares during the last quarter. Finally, Procyon Private Wealth Partners LLC boosted its stake in JPMorgan Chase & Co. by 9.5% during the 3rd quarter. Procyon Private Wealth Partners LLC now owns 26,855 shares of the financial services provider’s stock valued at $4,396,000 after purchasing an additional 2,338 shares during the period. 69.51% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE JPM traded down $1.32 during midday trading on Thursday, reaching $166.96. The company’s stock had a trading volume of 9,629,790 shares, compared to its average volume of 13,020,531. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.17. The company has a 50 day moving average price of $166.07 and a 200 day moving average price of $160.51. JPMorgan Chase & Co. has a one year low of $117.77 and a one year high of $172.96. The company has a market cap of $493.41 billion, a price-to-earnings ratio of 10.56, a price-to-earnings-growth ratio of 2.15 and a beta of 1.16.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Wednesday, October 13th. The financial services provider reported $3.74 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.00 by $0.74. JPMorgan Chase & Co. had a net margin of 39.41% and a return on equity of 19.89%. The business had revenue of $29.60 billion for the quarter, compared to analyst estimates of $29.63 billion. During the same quarter in the previous year, the business earned $2.92 earnings per share. The firm’s revenue was down 1.0% compared to the same quarter last year. Research analysts anticipate that JPMorgan Chase & Co. will post 14.95 earnings per share for the current fiscal year.

The company also recently declared a dividend, which was paid on Wednesday, November 17th. Stockholders of record on Monday, November 15th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, November 12th. JPMorgan Chase & Co.’s dividend payout ratio is currently 25.30%.

A number of research firms have issued reports on JPM. Wells Fargo & Company boosted their target price on shares of JPMorgan Chase & Co. from $200.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday, October 25th. Credit Suisse Group set a $177.00 target price on shares of JPMorgan Chase & Co. in a research note on Thursday, October 14th. Zacks Investment Research raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a research note on Tuesday, September 28th. Barclays boosted their target price on shares of JPMorgan Chase & Co. from $187.00 to $193.00 and gave the company an “overweight” rating in a research note on Friday, October 15th. Finally, The Goldman Sachs Group set a $198.00 price target on shares of JPMorgan Chase & Co. in a research note on Wednesday, October 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $168.56.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company. It provides financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.

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

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