Symmetry Partners LLC boosted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 309.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,549 shares of the financial services provider’s stock after purchasing an additional 23,842 shares during the quarter. JPMorgan Chase & Co. makes up about 0.8% of Symmetry Partners LLC’s investment portfolio, making the stock its 19th largest holding. Symmetry Partners LLC’s holdings in JPMorgan Chase & Co. were worth $3,713,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wharton Business Group LLC lifted its holdings in shares of JPMorgan Chase & Co. by 0.3% during the second quarter. Wharton Business Group LLC now owns 86,951 shares of the financial services provider’s stock worth $9,721,000 after buying an additional 235 shares during the last quarter. New England Investment & Retirement Group Inc. boosted its holdings in JPMorgan Chase & Co. by 27.2% in the second quarter. New England Investment & Retirement Group Inc. now owns 6,695 shares of the financial services provider’s stock valued at $748,000 after acquiring an additional 1,433 shares during the last quarter. Carillon Tower Advisers Inc. boosted its holdings in JPMorgan Chase & Co. by 4.7% in the second quarter. Carillon Tower Advisers Inc. now owns 300,522 shares of the financial services provider’s stock valued at $33,598,000 after acquiring an additional 13,477 shares during the last quarter. BTR Capital Management Inc. boosted its holdings in JPMorgan Chase & Co. by 0.7% in the second quarter. BTR Capital Management Inc. now owns 164,688 shares of the financial services provider’s stock valued at $18,412,000 after acquiring an additional 1,223 shares during the last quarter. Finally, Annex Advisory Services LLC boosted its holdings in JPMorgan Chase & Co. by 21.5% in the second quarter. Annex Advisory Services LLC now owns 27,273 shares of the financial services provider’s stock valued at $3,050,000 after acquiring an additional 4,834 shares during the last quarter. 71.90% of the stock is owned by hedge funds and other institutional investors.

NYSE:JPM traded up $0.38 during mid-day trading on Friday, hitting $130.38. The company had a trading volume of 9,160,446 shares, compared to its average volume of 12,174,789. JPMorgan Chase & Co. has a fifty-two week low of $91.11 and a fifty-two week high of $131.29. The business’s fifty day moving average is $120.77 and its two-hundred day moving average is $114.02. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.97 and a current ratio of 0.93. The firm has a market cap of $404.92 billion, a P/E ratio of 14.49, a P/E/G ratio of 1.81 and a beta of 1.21.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Tuesday, October 15th. The financial services provider reported $2.68 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.23. JPMorgan Chase & Co. had a return on equity of 14.63% and a net margin of 24.70%. The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.36 billion. During the same quarter in the prior year, the firm posted $2.34 earnings per share. The company’s quarterly revenue was up 7.6% on a year-over-year basis. Equities analysts forecast that JPMorgan Chase & Co. will post 10.17 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 4th were given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend was Thursday, October 3rd. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $0.80. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 40.00%.

JPM has been the topic of several recent research reports. Credit Suisse Group set a $135.00 price target on JPMorgan Chase & Co. and gave the company a “buy” rating in a report on Friday, October 11th. Wells Fargo & Co set a $125.00 price target on JPMorgan Chase & Co. and gave the company a “buy” rating in a report on Friday, August 16th. Buckingham Research cut JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and set a $122.00 price target on the stock. in a report on Monday, September 16th. They noted that the move was a valuation call. Robert W. Baird raised their price target on JPMorgan Chase & Co. from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, October 16th. Finally, UBS Group raised their price target on JPMorgan Chase & Co. from $131.00 to $132.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $123.02.

In other JPMorgan Chase & Co. news, CEO Daniel E. Pinto sold 64,198 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $130.91, for a total value of $8,404,160.18. Following the completion of the transaction, the chief executive officer now directly owns 451,481 shares in the company, valued at $59,103,377.71. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Gordon Smith sold 83,289 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $119.98, for a total value of $9,993,014.22. Following the completion of the transaction, the chief executive officer now owns 393,197 shares of the company’s stock, valued at $47,175,776.06. The disclosure for this sale can be found here. In the last three months, insiders sold 152,944 shares of company stock worth $19,088,970. 0.76% of the stock is owned by insiders.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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

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