JPMorgan Chase & Co. (NYSE:JPM) EVP Peter Scher sold 17,057 shares of the company’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $112.20, for a total value of $1,913,795.40. Following the sale, the executive vice president now directly owns 15,310 shares in the company, valued at approximately $1,717,782. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Peter Scher also recently made the following trade(s):

  • On Friday, January 19th, Peter Scher sold 26,532 shares of JPMorgan Chase & Co. stock. The stock was sold at an average price of $113.42, for a total value of $3,009,259.44.

JPMorgan Chase & Co. (NYSE:JPM) opened at $113.01 on Friday. The company has a market capitalization of $392,110.00, a price-to-earnings ratio of 17.71, a P/E/G ratio of 1.96 and a beta of 1.22. The company has a quick ratio of 1.03, a current ratio of 1.01 and a debt-to-equity ratio of 1.24. JPMorgan Chase & Co. has a twelve month low of $81.64 and a twelve month high of $114.34.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.69 by $0.07. The firm had revenue of $24.15 billion for the quarter, compared to analyst estimates of $24.87 billion. JPMorgan Chase & Co. had a return on equity of 11.63% and a net margin of 21.46%. JPMorgan Chase & Co.’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.71 earnings per share. equities analysts expect that JPMorgan Chase & Co. will post 8.65 EPS for the current fiscal 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 issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, January 4th. JPMorgan Chase & Co.’s payout ratio is 35.11%.

A number of analysts have recently weighed in on JPM shares. Vetr lowered JPMorgan Chase & Co. from a “sell” rating to a “strong sell” rating and set a $93.51 price objective on the stock. in a research report on Wednesday, January 10th. Credit Suisse Group raised JPMorgan Chase & Co. to a “buy” rating and set a $120.00 price objective on the stock in a research report on Friday, January 5th. Vining Sparks reaffirmed a “buy” rating and set a $120.00 price objective on shares of JPMorgan Chase & Co. in a research report on Friday, January 12th. Bank of America set a $102.00 price objective on JPMorgan Chase & Co. and gave the stock a “buy” rating in a research report on Friday, October 13th. Finally, Oppenheimer reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, October 12th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the company’s stock. JPMorgan Chase & Co. presently has an average rating of “Hold” and a consensus target price of $105.81.

Several hedge funds have recently modified their holdings of JPM. First Command Bank grew its holdings in shares of JPMorgan Chase & Co. by 6.9% during the second quarter. First Command Bank now owns 5,428 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 350 shares during the last quarter. Fox Run Management L.L.C. grew its holdings in shares of JPMorgan Chase & Co. by 101.2% during the second quarter. Fox Run Management L.L.C. now owns 16,300 shares of the financial services provider’s stock worth $1,490,000 after purchasing an additional 8,200 shares during the last quarter. Stock Yards Bank & Trust Co. grew its holdings in shares of JPMorgan Chase & Co. by 1.6% during the second quarter. Stock Yards Bank & Trust Co. now owns 195,166 shares of the financial services provider’s stock worth $17,838,000 after purchasing an additional 3,149 shares during the last quarter. Hexavest Inc. grew its holdings in shares of JPMorgan Chase & Co. by 33,815.1% during the second quarter. Hexavest Inc. now owns 904,516 shares of the financial services provider’s stock worth $82,673,000 after purchasing an additional 901,849 shares during the last quarter. Finally, Cordasco Financial Network grew its holdings in shares of JPMorgan Chase & Co. by 496.7% during the second quarter. Cordasco Financial Network now owns 2,333 shares of the financial services provider’s stock worth $213,000 after purchasing an additional 1,942 shares during the last quarter. 73.78% of the stock is currently owned by institutional investors.

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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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