Woodstock Corp Has $9.45 Million Position in JPMorgan Chase & Co. (NYSE:JPM)

Woodstock Corp increased its position in JPMorgan Chase & Co. (NYSE:JPM – Get Rating) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,433 shares of the financial services provider’s stock after buying an additional 3,213 shares during the period. Woodstock Corp’s holdings in JPMorgan Chase & Co. were worth $9,445,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC boosted its stake in JPMorgan Chase & Co. by 11.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 153,622 shares of the financial services provider’s stock valued at $16,054,000 after purchasing an additional 15,607 shares during the last quarter. Leisure Capital Management boosted its stake in JPMorgan Chase & Co. by 2.7% during the 3rd quarter. Leisure Capital Management now owns 22,736 shares of the financial services provider’s stock valued at $2,376,000 after purchasing an additional 600 shares during the last quarter. Ballentine Partners LLC boosted its stake in JPMorgan Chase & Co. by 12.4% during the 3rd quarter. Ballentine Partners LLC now owns 51,929 shares of the financial services provider’s stock valued at $5,427,000 after purchasing an additional 5,719 shares during the last quarter. BerganKDV Wealth Management LLC boosted its stake in JPMorgan Chase & Co. by 6.1% during the 3rd quarter. BerganKDV Wealth Management LLC now owns 35,995 shares of the financial services provider’s stock valued at $3,762,000 after purchasing an additional 2,079 shares during the last quarter. Finally, Busey Wealth Management boosted its stake in JPMorgan Chase & Co. by 1.4% during the 3rd quarter. Busey Wealth Management now owns 242,758 shares of the financial services provider’s stock valued at $25,369,000 after purchasing an additional 3,357 shares during the last quarter. 67.89% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Stock Down 3.8 %

JPM opened at $125.81 on Friday. The company has a fifty day moving average price of $139.06 and a 200-day moving average price of $129.21. The firm has a market capitalization of $370.30 billion, a P/E ratio of 10.41, a price-to-earnings-growth ratio of 2.09 and a beta of 1.12. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.84 and a quick ratio of 0.84. JPMorgan Chase & Co. has a one year low of $101.28 and a one year high of $144.34.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Morgan Stanley lifted their price target on JPMorgan Chase & Co. from $167.00 to $173.00 and gave the company an “overweight” rating in a research note on Friday, February 24th. StockNews.com initiated coverage on shares of JPMorgan Chase & Co. in a research report on Thursday. They set a “hold” rating on the stock. Barclays lifted their target price on shares of JPMorgan Chase & Co. from $162.00 to $189.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 3rd. Citigroup lifted their target price on shares of JPMorgan Chase & Co. from $150.00 to $165.00 in a research report on Tuesday, January 17th. Finally, Wells Fargo & Company raised shares of JPMorgan Chase & Co. from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $148.00 to $155.00 in a research report on Monday, March 13th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of “Moderate Buy” and a consensus price target of $150.78.

Insider Activity

In other news, Director Mellody L. Hobson purchased 375 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, January 19th. The stock was purchased at an average cost of $134.53 per share, for a total transaction of $50,448.75. Following the transaction, the director now directly owns 22,040 shares of the company’s stock, valued at $2,965,041.20. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Vice Chairman Peter Scher sold 4,399 shares of the company’s stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $140.32, for a total value of $617,267.68. Following the completion of the transaction, the insider now directly owns 36,369 shares in the company, valued at $5,103,298.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mellody L. Hobson bought 375 shares of the business’s stock in a transaction that occurred on Thursday, January 19th. The stock was bought 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 directly owns 22,040 shares of the company’s stock, valued at approximately $2,965,041.20. The disclosure for this purchase can be found here. Insiders sold 37,887 shares of company stock worth $5,315,762 in the last three months. Corporate insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Company 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.