JPMorgan Chase & Co. (NYSE:JPM) Stock Holdings Lifted by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 192,444 shares of the financial services provider’s stock after acquiring an additional 1,282 shares during the quarter. JPMorgan Chase & Co. makes up approximately 2.1% of ST Germain D J Co. Inc.’s holdings, making the stock its 8th biggest holding. ST Germain D J Co. Inc.’s holdings in JPMorgan Chase & Co. were worth $46,131,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Mizuho Securities Co. Ltd. bought a new position in shares of JPMorgan Chase & Co. during the third quarter valued at approximately $25,000. Catalyst Capital Advisors LLC purchased a new position in JPMorgan Chase & Co. during the 3rd quarter valued at $27,000. Fairway Wealth LLC bought a new position in JPMorgan Chase & Co. in the 2nd quarter worth $32,000. West Financial Advisors LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter worth about $37,000. Finally, New England Capital Financial Advisors LLC boosted its stake in shares of JPMorgan Chase & Co. by 38.5% during the 3rd quarter. New England Capital Financial Advisors LLC now owns 180 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Down 1.5 %

NYSE JPM traded down $3.73 during mid-day trading on Friday, reaching $239.40. The stock had a trading volume of 3,858,107 shares, compared to its average volume of 8,283,640. The stock has a market cap of $673.99 billion, a PE ratio of 13.32, a price-to-earnings-growth ratio of 3.54 and a beta of 1.11. JPMorgan Chase & Co. has a 1 year low of $164.30 and a 1 year high of $254.31. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.89 and a quick ratio of 0.89. The company has a fifty day moving average price of $241.25 and a 200 day moving average price of $222.25.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Friday, October 11th. The financial services provider reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $4.02 by $0.35. The business had revenue of $43.32 billion during the quarter, compared to analyst estimates of $41.43 billion. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.33 EPS. On average, research analysts expect that JPMorgan Chase & Co. will post 17.62 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 6th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date is Monday, January 6th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.82%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Citigroup increased their price target on shares of JPMorgan Chase & Co. from $215.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 19th. Piper Sandler raised their target price on JPMorgan Chase & Co. from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, December 3rd. Keefe, Bruyette & Woods lifted their price target on JPMorgan Chase & Co. from $216.00 to $254.00 and gave the company a “market perform” rating in a research report on Tuesday, December 3rd. Truist Financial started coverage on JPMorgan Chase & Co. in a report on Tuesday. They issued a “hold” rating and a $260.00 price objective for the company. Finally, Wolfe Research upgraded shares of JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 target price on the stock in a report on Friday, January 3rd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $245.83.

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, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.