JPMorgan Chase & Co. $JPM Shares Sold by Mcdonald Capital Investors Inc. CA

Mcdonald Capital Investors Inc. CA lessened its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 7.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 247,821 shares of the financial services provider’s stock after selling 20,435 shares during the period. JPMorgan Chase & Co. accounts for approximately 5.9% of Mcdonald Capital Investors Inc. CA’s portfolio, making the stock its 7th biggest position. Mcdonald Capital Investors Inc. CA’s holdings in JPMorgan Chase & Co. were worth $81,119,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JPM. Fidelis Capital Partners LLC lifted its holdings in JPMorgan Chase & Co. by 7.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider’s stock valued at $22,580,000 after acquiring an additional 5,101 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services increased its stake in JPMorgan Chase & Co. by 18.7% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 41,218 shares of the financial services provider’s stock worth $12,125,000 after acquiring an additional 6,492 shares during the last quarter. Brighton Jones LLC raised its position in JPMorgan Chase & Co. by 11.0% in the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock valued at $11,682,000 after purchasing an additional 4,841 shares during the period. FAS Wealth Partners Inc. raised its position in JPMorgan Chase & Co. by 4.3% in the first quarter. FAS Wealth Partners Inc. now owns 43,527 shares of the financial services provider’s stock valued at $12,804,000 after purchasing an additional 1,794 shares during the period. Finally, KTF Investments LLC acquired a new position in shares of JPMorgan Chase & Co. in the 4th quarter valued at $6,449,000. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Key JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan is evaluating a stablecoin that could expand its blockchain-based payments capabilities, reduce settlement friction and strengthen relationships with institutional digital-finance customers. The initiative could support new fee revenue and improve the bank’s competitive position in payments. Can JPMorgan’s Stablecoin Push Strengthen Its Digital Payments Edge?
• Positive Sentiment: JPMorgan’s plan to commit as much as $750 billion to housing investment through 2035 highlights a sizable lending and investment opportunity amid the U.S. housing shortage. The strategy may broaden long-term growth, although returns will depend on execution and credit conditions. Jamie Dimon Committed JPMorgan to $750 Billion of Housing Investment Through 2035
• Positive Sentiment: Analyst commentary continues to emphasize JPMorgan’s earnings strength and potential to become the first bank valued at $1 trillion, supporting the bullish long-term narrative. The shares already trade at a premium valuation, however, which raises the importance of continued profit growth. JPMorgan Chase & Co. Could Soon Be Worth $1 Trillion
• Neutral Sentiment: JPMorgan and affiliates disclosed that they fell below the substantial-holder threshold in Australia-listed ASX Ltd. The transaction is unlikely to materially affect JPMorgan’s operating results or valuation. JPMorgan Group Drops Below Substantial Holder Threshold in ASX Ltd
• Negative Sentiment: A technical Federal Reserve capital formula could reduce JPMorgan’s expected capital relief by approximately $13 billion—an amount described as equivalent to roughly 61% of quarterly profit. Investors may view the possibility as a significant constraint on buybacks, dividends or balance-sheet flexibility. JPMorgan Prices One Fed Formula at 61% of Quarterly Profit
• Negative Sentiment: The SEC reportedly subpoenaed JPMorgan and other major banks over margin lending to hedge fund Situational Awareness after a 67% drawdown. The investigation increases legal, compliance and potential credit-risk concerns, although no wrongdoing was established in the report. SEC Probe Puts Wall Street Leverage Risk Back in Focus
• Negative Sentiment: Major banks, including JPMorgan, are opposing revisions to the Federal Reserve’s systemically important bank capital surcharge. Ongoing uncertainty over the final rules could keep pressure on the sector’s capital-return outlook. Market Chatter: Major US Banks Clash Over Fed’s GSIB Capital Surcharge Revision

Analysts Set New Price Targets

A number of brokerages recently issued reports on JPM. Wells Fargo & Company raised their price objective on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an “overweight” rating in a research report on Friday, August 14th. Jefferies Financial Group set a $350.00 target price on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Keefe, Bruyette & Woods increased their target price on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Weiss Ratings cut shares of JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Finally, Barclays upped their price objective on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $359.96.

JPMorgan Chase & Co. Price Performance

JPM stock opened at $354.21 on Friday. The business’s fifty day moving average price is $346.80 and its 200 day moving average price is $318.55. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $366.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $941.55 billion, a PE ratio of 15.18, a P/E/G ratio of 1.47 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. The company had revenue of $58.02 billion during the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.JPMorgan Chase & Co.’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the business posted $4.96 EPS. On average, sell-side analysts anticipate that JPMorgan Chase & Co. will post 24.28 EPS for the current year.

Insider Activity

In related news, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the transaction, the general counsel owned 40,961 shares in the company, valued at approximately $13,547,031.53. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $361.41, for a total transaction of $903,525.00. Following the sale, the insider directly owned 73,547 shares in the company, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.