JPMorgan Chase & Co. $JPM Shares Purchased by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 790,400 shares of the financial services provider’s stock after purchasing an additional 8,900 shares during the quarter. JPMorgan Chase & Co. makes up approximately 1.9% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 12th largest holding. Mn Services Vermogensbeheer B.V.’s holdings in JPMorgan Chase & Co. were worth $261,488,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Concorde Asset Management LLC grew its position in shares of JPMorgan Chase & Co. by 1.1% during the second quarter. Concorde Asset Management LLC now owns 2,660 shares of the financial services provider’s stock worth $871,000 after buying an additional 29 shares in the last quarter. Elevation Wealth Management LLC raised its holdings in JPMorgan Chase & Co. by 1.0% in the second quarter. Elevation Wealth Management LLC now owns 3,074 shares of the financial services provider’s stock valued at $1,006,000 after acquiring an additional 29 shares in the last quarter. Henrickson Nauta Wealth Advisors Inc. raised its holdings in JPMorgan Chase & Co. by 0.8% in the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 3,531 shares of the financial services provider’s stock valued at $1,156,000 after acquiring an additional 29 shares in the last quarter. Arkansas Financial Group Inc. boosted its stake in JPMorgan Chase & Co. by 1.1% during the 2nd quarter. Arkansas Financial Group Inc. now owns 2,667 shares of the financial services provider’s stock valued at $873,000 after acquiring an additional 30 shares during the last quarter. Finally, Flynn Zito Capital Management LLC boosted its stake in JPMorgan Chase & Co. by 1.1% during the 2nd quarter. Flynn Zito Capital Management LLC now owns 2,830 shares of the financial services provider’s stock valued at $926,000 after acquiring an additional 30 shares during the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

More JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan’s 10% dividend increase highlights strong earnings power and capital-generation capacity. The increase appears comfortably supported by the bank’s payout ratio, which may reinforce income-focused investor interest. JPMorgan dividend article
• Positive Sentiment: TD Cowen initiated coverage with a Hold rating and a $370 price target, implying meaningful potential upside from the reference price. While not an outright bullish recommendation, the target provides a constructive valuation signal.
• Positive Sentiment: Chase is expanding its business-banking platform with payroll services, creating an additional source of client engagement, fee revenue and cross-selling opportunities. Chase payroll article
• Neutral Sentiment: Analysts expect solid third-quarter revenue and continued banking momentum, but investors will also be watching expenses, credit provisions, loan growth and net interest income. Strong results could support the shares, while any deterioration could pressure the premium valuation. JPMorgan Q3 earnings preview
• Neutral Sentiment: JPMorgan appointed Eleni Skoura to lead its Chase business in Germany. The leadership change may support European growth, but it is unlikely to materially affect near-term earnings. JPMorgan Germany leadership article
• Negative Sentiment: JPMorgan strategists warn that rapidly rising long-term Treasury yields, approaching 6% for the 30-year bond, can weigh on markets and increase pressure on bank valuations, credit conditions and trading activity.
• Negative Sentiment: Investors remain concerned about elevated operating costs, potential credit deterioration and JPM’s relatively premium valuation ahead of earnings. The bank’s warnings that housing affordability is near financial-crisis lows also point to a weak or “frozen” housing market, a risk for consumer and mortgage-related activity.

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the sale, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on JPM. Jefferies Financial Group reissued a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. Zacks Research cut shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Morgan Stanley reiterated a “positive” rating and issued a $370.00 price target on shares of JPMorgan Chase & Co. in a research note on Wednesday, July 15th. Keefe, Bruyette & Woods boosted their price objective on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Finally, UBS Group lowered their price objective on JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating for the company in a report on Monday. Fifteen analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $362.88.

JPMorgan Chase & Co. Trading Up 0.6%

NYSE:JPM opened at $331.67 on Friday. The firm has a market capitalization of $881.63 billion, a P/E ratio of 14.21, a P/E/G ratio of 1.36 and a beta of 1.02. The business has a 50 day simple moving average of $350.75 and a 200 day simple moving average of $328.64. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.85. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, topping the consensus estimate of $5.59 by $0.55. The firm had revenue of $58.02 billion for the quarter, compared to analyst estimates of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The firm’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the company earned $4.96 earnings per share. Equities research analysts predict that JPMorgan Chase & Co. will post 24.16 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be issued a $1.65 dividend. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio is 28.28%.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.