JPMorgan Chase & Co. (NYSE:JPM) Stock Position Lifted by Capstone Triton Financial Group LLC

Capstone Triton Financial Group LLC grew its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,146 shares of the financial services provider’s stock after acquiring an additional 209 shares during the period. Capstone Triton Financial Group LLC’s holdings in JPMorgan Chase & Co. were worth $1,085,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC raised its holdings in JPMorgan Chase & Co. by 11.3% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 2,124 shares of the financial services provider’s stock worth $448,000 after acquiring an additional 215 shares during the period. Edge Financial Advisors LLC bought a new position in shares of JPMorgan Chase & Co. in the third quarter worth about $1,622,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of JPMorgan Chase & Co. by 56.5% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 80,367 shares of the financial services provider’s stock worth $18,081,000 after purchasing an additional 29,014 shares during the last quarter. WestEnd Advisors LLC boosted its stake in JPMorgan Chase & Co. by 282,715.5% during the 3rd quarter. WestEnd Advisors LLC now owns 200,799 shares of the financial services provider’s stock valued at $42,340,000 after purchasing an additional 200,728 shares during the period. Finally, Highline Wealth Partners LLC acquired a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at approximately $2,757,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Price Performance

NYSE:JPM opened at $222.94 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.89 and a debt-to-equity ratio of 1.27. The firm has a market cap of $627.65 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 3.28 and a beta of 1.10. JPMorgan Chase & Co. has a 12 month low of $139.23 and a 12 month high of $226.75. The company’s 50-day moving average price is $216.15 and its two-hundred day moving average price is $206.72.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Friday, October 11th. The financial services provider reported $4.37 EPS for the quarter, topping the consensus estimate of $4.02 by $0.35. The business had revenue of $43.32 billion for the quarter, compared to the consensus estimate of $41.43 billion. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. JPMorgan Chase & Co.’s revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business earned $4.33 EPS. On average, equities analysts anticipate that JPMorgan Chase & Co. will post 17.52 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Friday, October 4th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend was Friday, October 4th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.15. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.82%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on JPM shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $235.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, September 3rd. Daiwa Capital Markets reduced their price target on shares of JPMorgan Chase & Co. from $240.00 to $235.00 and set an “overweight” rating for the company in a report on Thursday, October 10th. Citigroup boosted their price objective on shares of JPMorgan Chase & Co. from $205.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday, July 15th. Keefe, Bruyette & Woods increased their target price on shares of JPMorgan Chase & Co. from $209.00 to $211.00 and gave the company a “market perform” rating in a research note on Tuesday, July 9th. Finally, BMO Capital Markets lifted their target price on JPMorgan Chase & Co. from $195.00 to $205.00 and gave the stock a “market perform” rating in a research report on Thursday, July 11th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $222.81.

About JPMorgan Chase & Co.

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.