JPMorgan Chase & Co. (JPM) Director Buys $825,333.60 in Stock

JPMorgan Chase & Co. (NYSE:JPM) Director James S. Crown purchased 7,280 shares of the stock in a transaction on Thursday, January 18th. The shares were purchased at an average price of $113.37 per share, with a total value of $825,333.60. Following the acquisition, the director now directly owns 305,875 shares in the company, valued at $34,677,048.75. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded up $0.27 during trading on Thursday, reaching $113.26. 14,572,416 shares of the company’s stock were exchanged, compared to its average volume of 14,913,175. The stock has a market cap of $392,980.00, a P/E ratio of 17.75, a P/E/G ratio of 2.00 and a beta of 1.22. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.03 and a current ratio of 1.01. JPMorgan Chase & Co. has a 52 week low of $81.64 and a 52 week high of $113.72.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, topping the Zacks’ consensus estimate of $1.69 by $0.07. The company had revenue of $24.15 billion during the quarter, compared to the consensus estimate of $24.87 billion. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. JPMorgan Chase & Co.’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.71 EPS. equities analysts anticipate that JPMorgan Chase & Co. will post 8.41 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, January 5th will be given a dividend of $0.56 per share. The ex-dividend date is Thursday, January 4th. This represents a $2.24 dividend on an annualized basis and a yield of 1.98%. JPMorgan Chase & Co.’s payout ratio is currently 35.11%.

JPM has been the subject of several research analyst reports. Bank of America set a $119.00 target price on shares of JPMorgan Chase & Co. and gave the company a “buy” rating in a report on Monday. Vetr cut shares of JPMorgan Chase & Co. from a “sell” rating to a “strong sell” rating and set a $93.51 target price for the company. in a report on Wednesday, January 10th. Credit Suisse Group restated an “outperform” rating and issued a $125.00 target price (up previously from $120.00) on shares of JPMorgan Chase & Co. in a report on Tuesday. DZ Bank upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Deutsche Bank set a $96.00 target price on shares of JPMorgan Chase & Co. and gave the company a “neutral” rating in a report on Tuesday. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $105.81.

A number of institutional investors have recently made changes to their positions in JPM. Janus Henderson Group PLC increased its holdings in shares of JPMorgan Chase & Co. by 517.3% in the 2nd quarter. Janus Henderson Group PLC now owns 5,553,819 shares of the financial services provider’s stock valued at $507,632,000 after purchasing an additional 4,654,113 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of JPMorgan Chase & Co. by 9,301.6% in the 3rd quarter. Stifel Financial Corp now owns 4,351,736 shares of the financial services provider’s stock valued at $415,662,000 after purchasing an additional 4,305,449 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of JPMorgan Chase & Co. by 29.2% in the 2nd quarter. Alliancebernstein L.P. now owns 17,456,699 shares of the financial services provider’s stock valued at $1,595,542,000 after purchasing an additional 3,945,948 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of JPMorgan Chase & Co. by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock valued at $22,839,729,000 after purchasing an additional 3,717,683 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its holdings in shares of JPMorgan Chase & Co. by 40.8% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 9,769,017 shares of the financial services provider’s stock valued at $892,886,000 after purchasing an additional 2,828,726 shares in the last quarter. Institutional investors own 73.78% of the company’s stock.

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JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

Insider Buying and Selling by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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