JPMorgan Chase & Co. (JPM) Position Raised by Osborn Williams & Donohoe LLC

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Osborn Williams & Donohoe LLC increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 78,191 shares of the financial services provider’s stock after acquiring an additional 565 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.4% of Osborn Williams & Donohoe LLC’s investment portfolio, making the stock its 20th biggest position. Osborn Williams & Donohoe LLC’s holdings in JPMorgan Chase & Co. were worth $8,147,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capital Investment Advisors LLC grew its holdings in shares of JPMorgan Chase & Co. by 3.9% during the second quarter. Capital Investment Advisors LLC now owns 69,311 shares of the financial services provider’s stock worth $7,222,000 after buying an additional 2,617 shares in the last quarter. Nadler Financial Group Inc. grew its holdings in shares of JPMorgan Chase & Co. by 11.0% during the second quarter. Nadler Financial Group Inc. now owns 5,191 shares of the financial services provider’s stock worth $541,000 after buying an additional 515 shares in the last quarter. Fulton Bank N.A. grew its holdings in shares of JPMorgan Chase & Co. by 1.0% during the second quarter. Fulton Bank N.A. now owns 53,797 shares of the financial services provider’s stock worth $5,606,000 after buying an additional 558 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of JPMorgan Chase & Co. by 4.1% during the second quarter. Fisher Asset Management LLC now owns 5,209,848 shares of the financial services provider’s stock worth $542,866,000 after buying an additional 206,453 shares in the last quarter. Finally, Empirical Finance LLC grew its holdings in shares of JPMorgan Chase & Co. by 42.6% during the second quarter. Empirical Finance LLC now owns 6,045 shares of the financial services provider’s stock worth $630,000 after buying an additional 1,806 shares in the last quarter. 70.72% of the stock is owned by institutional investors.

In other news, CEO Gordon Smith sold 30,725 shares of the business’s stock in a transaction dated Monday, July 23rd. The shares were sold at an average price of $114.01, for a total transaction of $3,502,957.25. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.73% of the company’s stock.

Shares of JPM stock opened at $113.50 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $388.09 billion, a PE ratio of 13.82, a PEG ratio of 1.85 and a beta of 1.16. JPMorgan Chase & Co. has a twelve month low of $90.76 and a twelve month high of $119.33.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Friday, July 13th. The financial services provider reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.07. The firm had revenue of $27.75 billion for the quarter, compared to analysts’ expectations of $27.62 billion. JPMorgan Chase & Co. had a net margin of 22.80% and a return on equity of 13.18%. analysts forecast that JPMorgan Chase & Co. will post 9.15 earnings per share for the current year.

A number of equities research analysts have recently issued reports on JPM shares. UBS Group raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a report on Thursday, July 19th. BMO Capital Markets upped their target price on shares of JPMorgan Chase & Co. from $110.00 to $118.00 and gave the stock a “market perform” rating in a report on Monday, July 16th. DZ Bank raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a report on Thursday, July 19th. Goldman Sachs Group reaffirmed a “neutral” rating and set a $124.00 target price on shares of JPMorgan Chase & Co. in a report on Monday, July 16th. Finally, Keefe, Bruyette & Woods reaffirmed a “$111.53” rating and set a $127.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, July 18th. Ten equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $120.13.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

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Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM).

Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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