J P Morgan Chase & Co (NYSE:JPM) Holdings Held by Knott David M

Knott David M maintained its stake in J P Morgan Chase & Co (NYSE:JPM) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,050 shares of the financial services provider’s stock at the close of the first quarter. J P Morgan Chase & Co makes up about 1.0% of Knott David M’s holdings, making the stock its 12th largest position. Knott David M’s holdings in J P Morgan Chase & Co were worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in JPM. Karp Capital Management Corp acquired a new position in J P Morgan Chase & Co in the 1st quarter valued at about $140,124,000. Pioneer Investment Management Inc. grew its position in shares of J P Morgan Chase & Co by 22.2% during the 1st quarter. Pioneer Investment Management Inc. now owns 7,402,919 shares of the financial services provider’s stock worth $650,272,000 after purchasing an additional 1,344,295 shares in the last quarter. Swedbank grew its position in shares of J P Morgan Chase & Co by 19.0% during the 1st quarter. Swedbank now owns 5,261,038 shares of the financial services provider’s stock worth $462,130,000 after purchasing an additional 840,518 shares in the last quarter. State of Wisconsin Investment Board grew its position in shares of J P Morgan Chase & Co by 11.1% during the 1st quarter. State of Wisconsin Investment Board now owns 3,359,176 shares of the financial services provider’s stock worth $295,070,000 after purchasing an additional 336,848 shares in the last quarter. Finally, State of Tennessee Treasury Department grew its position in shares of J P Morgan Chase & Co by 11.4% during the 1st quarter. State of Tennessee Treasury Department now owns 3,211,518 shares of the financial services provider’s stock worth $282,100,000 after purchasing an additional 329,297 shares in the last quarter. Institutional investors and hedge funds own 78.02% of the company’s stock.

J P Morgan Chase & Co (NYSE:JPM) traded up 0.57% during trading on Friday, hitting $91.49. 7,409,317 shares of the stock traded hands. The company has a 50-day moving average price of $91.53 and a 200-day moving average price of $89.02. The stock has a market cap of $321.91 billion, a PE ratio of 13.50 and a beta of 1.19. J P Morgan Chase & Co has a 12 month low of $65.11 and a 12 month high of $95.22.

J P Morgan Chase & Co (NYSE:JPM) last announced its quarterly earnings data on Friday, July 14th. The financial services provider reported $1.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.23. The firm had revenue of $25.50 billion during the quarter, compared to analyst estimates of $24.38 billion. J P Morgan Chase & Co had a net margin of 24.13% and a return on equity of 11.53%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.55 EPS. Equities research analysts expect that J P Morgan Chase & Co will post $6.81 EPS for the current year.

JPM has been the topic of a number of analyst reports. Buckingham Research restated a “neutral” rating and set a $100.00 target price (up previously from $94.00) on shares of J P Morgan Chase & Co in a research report on Monday, July 10th. Bank of America Corporation restated an “outperform” rating and set a $99.00 target price on shares of J P Morgan Chase & Co in a research report on Wednesday, June 21st. Keefe, Bruyette & Woods set a $96.00 target price on shares of J P Morgan Chase & Co and gave the stock a “hold” rating in a research report on Saturday, August 19th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $93.00 price target on shares of J P Morgan Chase & Co in a report on Thursday, July 6th. Finally, Vetr downgraded shares of J P Morgan Chase & Co from a “buy” rating to a “hold” rating and set a $93.14 price target for the company. in a report on Tuesday. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eighteen have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $85.59.

In other news, insider Nicole Giles sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 18th. The shares were sold at an average price of $91.29, for a total value of $91,290.00. Following the completion of the sale, the insider now directly owns 3,783 shares in the company, valued at approximately $345,350.07. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Marianne Lake sold 17,596 shares of the company’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $91.58, for a total transaction of $1,611,441.68. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,564 shares of company stock valued at $2,605,334. Company insiders own 0.88% of the company’s stock.

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J P Morgan Chase & Co 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.

Institutional Ownership by Quarter for J P Morgan Chase & Co (NYSE:JPM)

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