1,596 Shares in JPMorgan Chase & Co. (NYSE:JPM) Bought by Kwmg LLC

Kwmg LLC acquired a new position in shares of JPMorgan Chase & Co. (NYSE:JPM – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,596 shares of the financial services provider’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Premier Asset Management LLC raised its holdings in JPMorgan Chase & Co. by 1.7% during the third quarter. Premier Asset Management LLC now owns 4,635 shares of the financial services provider’s stock worth $484,000 after purchasing an additional 77 shares during the last quarter. Trellis Advisors LLC raised its holdings in JPMorgan Chase & Co. by 2.8% during the third quarter. Trellis Advisors LLC now owns 2,897 shares of the financial services provider’s stock worth $302,000 after purchasing an additional 79 shares during the last quarter. Karpas Strategies LLC raised its holdings in JPMorgan Chase & Co. by 0.4% during the third quarter. Karpas Strategies LLC now owns 21,537 shares of the financial services provider’s stock worth $2,251,000 after purchasing an additional 80 shares during the last quarter. Wulff Hansen & CO. raised its holdings in JPMorgan Chase & Co. by 0.5% during the third quarter. Wulff Hansen & CO. now owns 14,665 shares of the financial services provider’s stock worth $1,532,000 after purchasing an additional 80 shares during the last quarter. Finally, Commons Capital LLC raised its holdings in JPMorgan Chase & Co. by 0.8% during the third quarter. Commons Capital LLC now owns 10,465 shares of the financial services provider’s stock worth $1,094,000 after purchasing an additional 82 shares during the last quarter. 67.89% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 23,148 shares of the business’s stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $140.31, for a total transaction of $3,247,895.88. Following the completion of the sale, the general counsel now owns 48,311 shares of the company’s stock, valued at $6,778,516.41. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director Mellody L. Hobson purchased 375 shares of the stock in a transaction on Thursday, January 19th. The stock was purchased at an average price of $134.53 per share, with a total value of $50,448.75. Following the completion of the transaction, the director now owns 22,040 shares in the company, valued at $2,965,041.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Stacey Friedman sold 23,148 shares of the company’s stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $140.31, for a total value of $3,247,895.88. Following the completion of the sale, the general counsel now directly owns 48,311 shares of the company’s stock, valued at approximately $6,778,516.41. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 37,887 shares of company stock valued at $5,315,762. Company insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

JPMorgan Chase & Co. stock opened at $125.81 on Friday. The firm has a market capitalization of $370.30 billion, a P/E ratio of 10.41, a PEG ratio of 1.99 and a beta of 1.12. The stock has a fifty day moving average price of $139.06 and a 200 day moving average price of $129.31. JPMorgan Chase & Co. has a 52 week low of $101.28 and a 52 week high of $144.34. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.12.

JPMorgan Chase & Co. (NYSE:JPM – Get Rating) last released its earnings results on Friday, January 13th. The financial services provider reported $3.57 EPS for the quarter, beating the consensus estimate of $3.11 by $0.46. JPMorgan Chase & Co. had a return on equity of 14.68% and a net margin of 24.34%. The firm had revenue of $34.55 billion during the quarter, compared to analyst estimates of $34.23 billion. During the same period in the prior year, the firm posted $3.33 earnings per share. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. Equities research analysts anticipate that JPMorgan Chase & Co. will post 12.9 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on JPM shares. Barclays boosted their price target on JPMorgan Chase & Co. from $162.00 to $189.00 and gave the stock an “overweight” rating in a report on Tuesday, January 3rd. Morgan Stanley boosted their price target on JPMorgan Chase & Co. from $167.00 to $173.00 and gave the stock an “overweight” rating in a report on Friday, February 24th. Deutsche Bank Aktiengesellschaft cut JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and cut their price target for the stock from $155.00 to $145.00 in a report on Friday, January 6th. StockNews.com started coverage on JPMorgan Chase & Co. in a report on Thursday. They issued a “hold” rating for the company. Finally, Credit Suisse Group set a $155.00 price target on JPMorgan Chase & Co. in a report on Monday, February 27th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, JPMorgan Chase & Co. has an average rating of “Moderate Buy” and an average target price of $150.78.

JPMorgan Chase & Co. Profile

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JPMorgan Chase & Co is a financial holding company, which engages in providing financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.