JPMorgan Chase & Co. (NYSE:JPM) Shares Sold by Community Bank N.A.

Community Bank N.A. cut its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,185 shares of the financial services provider’s stock after selling 896 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.3% of Community Bank N.A.’s portfolio, making the stock its 23rd largest holding. Community Bank N.A.’s holdings in JPMorgan Chase & Co. were worth $7,414,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Meridian Financial Partners LLC boosted its holdings in JPMorgan Chase & Co. by 1.6% during the fourth quarter. Meridian Financial Partners LLC now owns 4,753 shares of the financial services provider’s stock worth $651,000 after buying an additional 76 shares in the last quarter. Signet Financial Management LLC boosted its holdings in JPMorgan Chase & Co. by 1.7% during the fourth quarter. Signet Financial Management LLC now owns 4,678 shares of the financial services provider’s stock worth $652,000 after buying an additional 78 shares in the last quarter. Corundum Group Inc. boosted its holdings in JPMorgan Chase & Co. by 2.3% during the fourth quarter. Corundum Group Inc. now owns 3,590 shares of the financial services provider’s stock worth $500,000 after buying an additional 79 shares in the last quarter. Integrated Investment Consultants LLC boosted its holdings in JPMorgan Chase & Co. by 0.4% during the fourth quarter. Integrated Investment Consultants LLC now owns 20,458 shares of the financial services provider’s stock worth $2,852,000 after buying an additional 84 shares in the last quarter. Finally, Eukles Asset Management boosted its holdings in JPMorgan Chase & Co. by 36.5% during the third quarter. Eukles Asset Management now owns 318 shares of the financial services provider’s stock worth $37,000 after buying an additional 85 shares in the last quarter. Institutional investors own 72.11% of the company’s stock.

Shares of JPM opened at $137.46 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.93 and a debt-to-equity ratio of 1.24. The stock has a market cap of $432.46 billion, a P/E ratio of 13.14, a PEG ratio of 2.57 and a beta of 1.19. The company has a 50-day moving average of $136.79 and a two-hundred day moving average of $125.16. JPMorgan Chase & Co. has a 12-month low of $98.09 and a 12-month high of $141.10.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, January 14th. The financial services provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.25. The company had revenue of $28.30 billion during the quarter, compared to analysts’ expectations of $27.69 billion. JPMorgan Chase & Co. had a net margin of 25.49% and a return on equity of 15.19%. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.98 earnings per share. As a group, analysts forecast that JPMorgan Chase & Co. will post 10.71 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 6th were given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date was Friday, January 3rd. JPMorgan Chase & Co.’s payout ratio is currently 34.35%.

JPM has been the topic of a number of research analyst reports. Wells Fargo & Co boosted their price objective on shares of JPMorgan Chase & Co. from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday, January 15th. Societe Generale downgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Edward Jones reissued a “buy” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, January 15th. Wolfe Research downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a report on Monday, January 6th. Finally, BMO Capital Markets boosted their price objective on shares of JPMorgan Chase & Co. to and gave the stock a “market perform” rating in a report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $135.29.

In other news, CEO Douglas B. Petno sold 62,085 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $131.94, for a total value of $8,191,494.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Daniel E. Pinto sold 15,212 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $135.72, for a total transaction of $2,064,572.64. Following the completion of the transaction, the chief executive officer now directly owns 458,209 shares of the company’s stock, valued at approximately $62,188,125.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 128,814 shares of company stock valued at $17,318,144. 0.76% of the stock is currently owned by company insiders.

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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