Capital International Sarl Acquires 13,966 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Capital International Sarl raised its position in JPMorgan Chase & Co. (NYSE:JPM) by 68.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,419 shares of the financial services provider’s stock after purchasing an additional 13,966 shares during the period. Capital International Sarl’s holdings in JPMorgan Chase & Co. were worth $4,798,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of JPM. Boston Partners increased its stake in JPMorgan Chase & Co. by 301.6% in the third quarter. Boston Partners now owns 10,211,286 shares of the financial services provider’s stock valued at $1,202,693,000 after purchasing an additional 7,668,930 shares in the last quarter. Johanson Financial Advisors Inc. increased its position in shares of JPMorgan Chase & Co. by 13,859.0% during the fourth quarter. Johanson Financial Advisors Inc. now owns 3,216,433 shares of the financial services provider’s stock worth $23,073,000 after acquiring an additional 3,193,391 shares in the last quarter. M&G Investment Management Ltd. bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $310,039,000. Capital Research Global Investors increased its position in shares of JPMorgan Chase & Co. by 7.4% during the fourth quarter. Capital Research Global Investors now owns 27,661,131 shares of the financial services provider’s stock worth $3,855,962,000 after acquiring an additional 1,895,932 shares in the last quarter. Finally, Capital World Investors increased its position in shares of JPMorgan Chase & Co. by 1.9% during the fourth quarter. Capital World Investors now owns 82,845,612 shares of the financial services provider’s stock worth $11,548,674,000 after acquiring an additional 1,531,579 shares in the last quarter. 73.93% of the stock is owned by hedge funds and other institutional investors.

In related news, General Counsel Stacey Friedman sold 6,441 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $137.10, for a total transaction of $883,061.10. Following the transaction, the general counsel now directly owns 36,559 shares of the company’s stock, valued at $5,012,238.90. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Daniel E. Pinto sold 15,212 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $135.72, for a total transaction of $2,064,572.64. Following the transaction, the chief executive officer now directly owns 458,209 shares in the company, valued at $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 corporate insiders.

Several equities research analysts have recently issued reports on the stock. Morgan Stanley lowered their price objective on shares of JPMorgan Chase & Co. from $141.00 to $133.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. BMO Capital Markets increased their target price on shares of JPMorgan Chase & Co. from $131.00 to $134.00 and gave the stock a “market perform” rating in a report on Wednesday, February 26th. UBS Group cut shares of JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and increased their target price for the stock from $132.00 to $138.00 in a report on Monday, January 6th. Wolfe Research cut shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research note on Monday, January 6th. Finally, Keefe, Bruyette & Woods cut shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating and set a $135.00 price target for the company. in a research note on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company’s stock. JPMorgan Chase & Co. currently has a consensus rating of “Hold” and a consensus target price of $131.18.

Shares of NYSE JPM traded up $4.79 during mid-day trading on Thursday, reaching $96.52. 14,466,883 shares of the company were exchanged, compared to its average volume of 34,256,072. The company’s 50-day simple moving average is $117.04 and its 200-day simple moving average is $125.62. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $271.83 billion, a P/E ratio of 9.00, a P/E/G ratio of 1.67 and a beta of 1.19. JPMorgan Chase & Co. has a twelve month low of $76.91 and a twelve month high of $141.10.

JPMorgan Chase & Co. (NYSE:JPM) last posted 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%. JPMorgan Chase & Co.’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.98 EPS. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 10.57 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Monday, April 6th will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date is Friday, April 3rd. JPMorgan Chase & Co.’s dividend payout ratio is presently 34.35%.

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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