YHB Investment Advisors Inc. Grows Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

YHB Investment Advisors Inc. lifted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 16,944 shares of the financial services provider’s stock after purchasing an additional 257 shares during the period. YHB Investment Advisors Inc.’s holdings in JPMorgan Chase & Co. were worth $1,994,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in JPM. Wharton Business Group LLC lifted its stake in JPMorgan Chase & Co. by 0.3% in the second quarter. Wharton Business Group LLC now owns 86,951 shares of the financial services provider’s stock valued at $9,721,000 after acquiring an additional 235 shares during the last quarter. New England Investment & Retirement Group Inc. lifted its stake in shares of JPMorgan Chase & Co. by 27.2% in the second quarter. New England Investment & Retirement Group Inc. now owns 6,695 shares of the financial services provider’s stock worth $748,000 after buying an additional 1,433 shares during the last quarter. Carillon Tower Advisers Inc. lifted its stake in shares of JPMorgan Chase & Co. by 4.7% in the second quarter. Carillon Tower Advisers Inc. now owns 300,522 shares of the financial services provider’s stock worth $33,598,000 after buying an additional 13,477 shares during the last quarter. BTR Capital Management Inc. lifted its stake in shares of JPMorgan Chase & Co. by 0.7% in the second quarter. BTR Capital Management Inc. now owns 164,688 shares of the financial services provider’s stock worth $18,412,000 after buying an additional 1,223 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its stake in shares of JPMorgan Chase & Co. by 21.5% in the second quarter. Annex Advisory Services LLC now owns 27,273 shares of the financial services provider’s stock worth $3,050,000 after buying an additional 4,834 shares during the last quarter. 71.94% of the stock is owned by institutional investors and hedge funds.

In related news, EVP Peter Scher sold 10,816 shares of the company’s stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $115.00, for a total transaction of $1,243,840.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mellody L. Hobson bought 18,200 shares of the business’s stock in a transaction on Thursday, August 8th. The shares were acquired at an average price of $109.91 per share, for a total transaction of $2,000,362.00. Following the completion of the transaction, the director now owns 7,804 shares in the company, valued at approximately $857,737.64. The disclosure for this purchase can be found here. 0.76% of the stock is currently owned by corporate insiders.

Shares of JPMorgan Chase & Co. stock opened at $118.16 on Tuesday. The firm has a market capitalization of $371.36 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 1.67 and a beta of 1.20. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.97 and a quick ratio of 0.97. The company’s fifty day moving average price is $114.68 and its two-hundred day moving average price is $111.71. JPMorgan Chase & Co. has a 52-week low of $91.11 and a 52-week high of $120.40.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Tuesday, October 15th. The financial services provider reported $2.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.42 by $0.26. The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.36 billion. JPMorgan Chase & Co. had a net margin of 24.73% and a return on equity of 14.40%. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.34 EPS. Analysts predict that JPMorgan Chase & Co. will post 9.91 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 4th will be issued a $0.90 dividend. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $3.60 annualized dividend and a dividend yield of 3.05%. JPMorgan Chase & Co.’s dividend payout ratio is presently 40.00%.

JPM has been the topic of a number of research reports. DZ Bank reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, August 21st. Morgan Stanley set a $122.00 target price on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Friday, August 9th. UBS Group boosted their target price on shares of JPMorgan Chase & Co. from $125.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. Credit Suisse Group set a $135.00 target price on shares of JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Friday. Finally, ValuEngine raised shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research report on Wednesday, September 4th. Twelve equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. JPMorgan Chase & Co. currently has an average rating of “Hold” and an average target price of $121.60.

JPMorgan Chase & Co. 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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