Invictus Private Wealth LLC Lowers Stock Holdings in JPMorgan Chase & Co. $JPM

Invictus Personal Wealth LLC diminished its place in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 1.8% within the 2nd quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The agency owned 57,918 shares of the monetary providers supplier’s inventory after promoting 1,041 shares throughout the interval. JPMorgan Chase & Co. includes about 1.1% of Invictus Personal Wealth LLC’s holdings, making the inventory its nineteenth largest holding. Invictus Personal Wealth LLC’s holdings in JPMorgan Chase & Co. have been value $16,791,000 on the finish of the latest reporting interval.

A number of different hedge funds and different institutional traders have additionally modified their holdings of the corporate. Brighton Jones LLC boosted its holdings in JPMorgan Chase & Co. by 11.0% within the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the monetary providers supplier’s inventory valued at $11,682,000 after buying an extra 4,841 shares throughout the interval. GAMMA Investing LLC boosted its holdings in JPMorgan Chase & Co. by 5.8% within the first quarter. GAMMA Investing LLC now owns 96,029 shares of the monetary providers supplier’s inventory valued at $23,556,000 after buying an extra 5,296 shares throughout the interval. Ironwood Wealth Administration LLC. boosted its holdings in JPMorgan Chase & Co. by 0.7% within the first quarter. Ironwood Wealth Administration LLC. now owns 15,400 shares of the monetary providers supplier’s inventory valued at $3,778,000 after buying an extra 107 shares throughout the interval. Acorns Advisers LLC boosted its holdings in JPMorgan Chase & Co. by 6.9% within the first quarter. Acorns Advisers LLC now owns 1,547 shares of the monetary providers supplier’s inventory valued at $379,000 after buying an extra 100 shares throughout the interval. Lastly, Trifecta Capital Advisors LLC boosted its holdings in JPMorgan Chase & Co. by 1.7% within the first quarter. Trifecta Capital Advisors LLC now owns 23,897 shares of the monetary providers supplier’s inventory valued at $5,862,000 after buying an extra 405 shares throughout the interval. 71.55% of the inventory is presently owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

JPM has been the topic of numerous latest analysis experiences. Truist Monetary lifted their goal worth on JPMorgan Chase & Co. from $290.00 to $319.00 and gave the corporate a “maintain” ranking in a report on Tuesday, September twenty third. Robert W. Baird reduce JPMorgan Chase & Co. from a “impartial” ranking to an “underperform” ranking and set a $235.00 worth goal on the inventory. in a analysis word on Friday, June twenty seventh. The Goldman Sachs Group restated a “purchase” ranking and issued a $366.00 worth goal on shares of JPMorgan Chase & Co. in a analysis word on Tuesday, October 14th. TD Cowen raised their worth goal on JPMorgan Chase & Co. from $350.00 to $370.00 and gave the corporate a “purchase” ranking in a analysis word on Friday, October third. Lastly, Phillip Securities reduce JPMorgan Chase & Co. from a “average purchase” ranking to a “maintain” ranking in a analysis word on Wednesday, July sixteenth. Fifteen funding analysts have rated the inventory with a Purchase ranking, 9 have issued a Maintain ranking and three have issued a Promote ranking to the inventory. In accordance with MarketBeat, the corporate presently has a consensus ranking of “Maintain” and a median goal worth of $322.86.

Learn Our Newest Analysis Report on JPM

Insider Transactions at JPMorgan Chase & Co.

In associated information, Director Linda Bammann offered 9,500 shares of the enterprise’s inventory in a transaction dated Tuesday, September 2nd. The inventory was offered at a median worth of $297.94, for a complete worth of $2,830,430.00. Following the transaction, the director owned 82,207 shares within the firm, valued at $24,492,753.58. The commerce was a ten.36% lower of their place. The sale was disclosed in a authorized submitting with the SEC, which is out there on the SEC web site. 0.47% of the inventory is owned by firm insiders.

JPMorgan Chase & Co. Inventory Up 1.6%

JPM opened at $302.33 on Tuesday. The enterprise’s 50-day easy transferring common is $303.07 and its 200-day easy transferring common is $279.76. The corporate has a debt-to-equity ratio of 1.26, a fast ratio of 0.88 and a present ratio of 0.86. JPMorgan Chase & Co. has a one 12 months low of $202.16 and a one 12 months excessive of $318.01. The inventory has a market capitalization of $831.32 billion, a P/E ratio of 14.97, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) final posted its earnings outcomes on Tuesday, October 14th. The monetary providers supplier reported $5.07 EPS for the quarter, topping analysts’ consensus estimates of $4.83 by $0.24. JPMorgan Chase & Co. had a return on fairness of 17.18% and a internet margin of 20.90%.The enterprise had income of $46.43 billion for the quarter, in comparison with analysts’ expectations of $44.42 billion. Throughout the identical quarter within the earlier 12 months, the agency earned $4.37 earnings per share. The enterprise’s income was up 8.8% in comparison with the identical quarter final 12 months. Analysts anticipate that JPMorgan Chase & Co. will put up 18.1 EPS for the present 12 months.

JPMorgan Chase & Co. Will increase Dividend

The enterprise additionally not too long ago declared a quarterly dividend, which will likely be paid on Friday, October thirty first. Buyers of report on Monday, October sixth will likely be given a $1.50 dividend. This can be a increase from JPMorgan Chase & Co.’s earlier quarterly dividend of $1.40. The ex-dividend date is Monday, October sixth. This represents a $6.00 annualized dividend and a yield of two.0%. JPMorgan Chase & Co.’s payout ratio is presently 29.72%.

JPMorgan Chase & Co. Firm Profile

(Free Report)

JPMorgan Chase & Co is a monetary holding firm, which engages within the provision of monetary and funding banking providers. It focuses on funding banking, monetary providers for customers and small companies, industrial banking, monetary transaction processing, and asset administration. It operates by the next segments: Client and Group Banking (CCB), Business and Funding Financial institution (CIB), Asset and Wealth Administration (AWM), and Company.

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