Mawer Investment Management Ltd. grew its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 6.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,572,581 shares of the financial services provider’s stock after purchasing an additional 145,135 shares during the period. JPMorgan Chase & Co. comprises approximately 2.1% of Mawer Investment Management Ltd.’s investment portfolio, making the stock its 13th biggest holding. Mawer Investment Management Ltd.’s holdings in JPMorgan Chase & Co. were worth $245,707,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JPM. Private Vista LLC acquired a new stake in shares of JPMorgan Chase & Co. in the second quarter valued at approximately $102,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $102,000. Welch Investments LLC bought a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $103,000. Legacy Advisors LLC bought a new position in shares of JPMorgan Chase & Co. in the third quarter valued at $106,000. Finally, Atlantic Trust LLC bought a new position in shares of JPMorgan Chase & Co. in the second quarter valued at $136,000. Institutional investors own 73.82% of the company’s stock.

JPM has been the subject of several analyst reports. Wells Fargo & Co raised their target price on shares of JPMorgan Chase & Co. from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Royal Bank of Canada reissued a “buy” rating and issued a $105.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, November 15th. Buckingham Research raised shares of JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a research note on Thursday, December 21st. Barclays raised their target price on shares of JPMorgan Chase & Co. from $105.00 to $132.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. Finally, Credit Suisse Group raised shares of JPMorgan Chase & Co. to a “buy” rating and set a $120.00 target price for the company in a research note on Friday, January 5th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and fifteen have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $107.42.

In other news, General Counsel Stacey Friedman sold 17,729 shares of the business’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $112.33, for a total value of $1,991,498.57. Following the completion of the sale, the general counsel now owns 21,260 shares of the company’s stock, valued at $2,388,135.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Peter Scher sold 17,057 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $112.20, for a total transaction of $1,913,795.40. Following the completion of the sale, the executive vice president now directly owns 15,310 shares of the company’s stock, valued at approximately $1,717,782. The disclosure for this sale can be found here. In the last three months, insiders sold 152,047 shares of company stock valued at $17,098,115. 0.88% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. (NYSE:JPM) opened at $110.04 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. JPMorgan Chase & Co. has a 52-week low of $81.64 and a 52-week high of $117.35. The company has a market cap of $381,810.00, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 1.86 and a beta of 1.22.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, topping the Zacks’ consensus estimate of $1.69 by $0.07. The firm had revenue of $24.15 billion during the quarter, compared to analysts’ expectations of $24.87 billion. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.71 earnings per share. equities analysts predict that JPMorgan Chase & Co. will post 8.85 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th were given a $0.56 dividend. The ex-dividend date was Thursday, January 4th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.04%. JPMorgan Chase & Co.’s payout ratio is presently 35.11%.

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About JPMorgan Chase & Co.

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.

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

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