TSG Advice Partners LLC bought a new position in JPMorgan Chase & Co. (NYSE:JPM – Free Report) during the third quarter, Holdings Channel.com reports. The fund bought 10,473 shares of the financial services provider’s stock, valued at approximately $3,428,000. JPMorgan Chase & Co. accounts for approximately 0.5% of TSG Advice Partners LLC’s investment portfolio, making the stock its 29th largest position.
Other institutional investors have also recently bought and sold shares of the company. Horizons Wealth Management bought a new stake in shares of JPMorgan Chase & Co. during the 3rd quarter worth $31,000. Aventus Investment Advisors Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at $33,000. Timbuktu Capital Management LLC bought a new position in shares of JPMorgan Chase & Co. in the second quarter valued at about $50,000. NI Acquisitions Company LLC acquired a new position in JPMorgan Chase & Co. during the 2nd quarter worth about $51,000. Finally, Montgomery Financial Services LLC acquired a new position in JPMorgan Chase & Co. during the 2nd quarter worth about $62,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorgan’s disciplined duration management and stable deposits may help protect its balance sheet if rates remain high. However, funding costs and regulatory exposure are still risks. JPM Flags Higher Rate Risks: Can Its Balance Sheet Stay Resilient?
- Positive Sentiment: ETFs bought about $65.6 million of JPM shares on Nov. 4, a supportive demand signal, though one day of flows may not indicate a lasting trend. 42 ETFs Add to JPMorgan Chase (JPM) on Nov. 4
- Neutral Sentiment: JPMorgan’s M&A chief expects a softer 2027, but suggested private-equity firms may eventually need to sell assets, potentially improving exit activity. JPMorgan’s M&A chief sees softer 2027—but a potential upside surprise in private equity exits
- Negative Sentiment: Senate Finance Committee Democrats plan to scrutinize JPMorgan’s relationship with Epstein and how senior executives handled it. The probe could prolong reputational and regulatory uncertainty; the reports do not establish wrongdoing. Democrats to probe JPMorgan’s relationship with Epstein when they take Senate control
Analyst Upgrades and Downgrades
A number of brokerages have commented on JPM. Zacks Research lowered shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Truist Financial increased their price target on shares of JPMorgan Chase & Co. from $352.00 to $361.00 and gave the company a “hold” rating in a research note on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $375.00 price target for the company in a report on Wednesday, July 22nd. Wall Street Zen cut shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, UBS Group upped their price objective on JPMorgan Chase & Co. from $395.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of “Moderate Buy” and an average price target of $368.33.
Get Our Latest Analysis on JPMorgan Chase & Co.
JPMorgan Chase & Co. Trading Down 0.8%
JPMorgan Chase & Co. stock traded down $2.67 during trading hours on Friday, reaching $334.67. 7,818,025 shares of the company’s stock traded hands, compared to its average volume of 6,948,441. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $366.50. The firm has a market capitalization of $889.61 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 1.34 and a beta of 1.03. The firm’s 50 day moving average is $341.87 and its 200-day moving average is $323.78.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 EPS for the quarter, missing the consensus estimate of $5.94 by ($0.19). The business had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.07 EPS. On average, analysts predict that JPMorgan Chase & Co. will post 23.95 earnings per share for the current year.
JPMorgan Chase & Co. Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th were issued a dividend of $1.65 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.68%.
Insider Activity at JPMorgan Chase & Co.
In other JPMorgan Chase & Co. news, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the sale, the insider owned 71,047 shares in the company, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.41% of the company’s stock.
JPMorgan Chase & Co. Company Profile
JPMorgan Chase & Co is a global financial services company serving consumers, businesses, institutional clients and governments. Its operations include consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.
The company offers services such as deposit accounts, credit cards, mortgages, auto financing, lending, payment processing and investment advice. It also provides institutional clients with investment banking, markets, treasury and securities services, and commercial lending.
Headquartered in New York City, JPMorgan Chase serves customers across the United States and operates in many international markets.
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