Woodstock Corp boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.2% during the third quarter, Holdings Channel reports. The fund owned 48,372 shares of the financial services provider’s stock after buying an additional 565 shares during the period. Woodstock Corp’s holdings in JPMorgan Chase & Co. were worth $3,221,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. First American Bank raised its position in JPMorgan Chase & Co. by 75.1% in the third quarter. First American Bank now owns 86,793 shares of the financial services provider’s stock valued at $5,779,000 after buying an additional 37,222 shares in the last quarter. Atalanta Sosnoff Capital LLC raised its position in JPMorgan Chase & Co. by 1.2% in the third quarter. Atalanta Sosnoff Capital LLC now owns 1,329,688 shares of the financial services provider’s stock valued at $88,544,000 after buying an additional 15,856 shares in the last quarter. Peachtree Investment Advisors Inc. raised its position in JPMorgan Chase & Co. by 0.5% in the third quarter. Peachtree Investment Advisors Inc. now owns 20,325 shares of the financial services provider’s stock valued at $1,353,000 after buying an additional 100 shares in the last quarter. Foundry Partners LLC raised its position in JPMorgan Chase & Co. by 9.0% in the third quarter. Foundry Partners LLC now owns 469,315 shares of the financial services provider’s stock valued at $31,252,000 after buying an additional 38,825 shares in the last quarter. Finally, Baystate Wealth Management LLC raised its position in JPMorgan Chase & Co. by 16.4% in the third quarter. Baystate Wealth Management LLC now owns 4,472 shares of the financial services provider’s stock valued at $298,000 after buying an additional 629 shares in the last quarter. Institutional investors and hedge funds own 72.45% of the company’s stock.

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

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded up 0.77% on Tuesday, hitting $78.92. The stock had a trading volume of 14,144,062 shares. The company has a market capitalization of $282.36 billion, a price-to-earnings ratio of 13.61 and a beta of 1.51. The company has a 50-day moving average of $71.99 and a 200 day moving average of $66.51. JPMorgan Chase & Co. has a 52 week low of $52.50 and a 52 week high of $80.44.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, October 14th. The financial services provider reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.19. JPMorgan Chase & Co. had a return on equity of 10.47% and a net margin of 22.92%. The business had revenue of $25.50 billion for the quarter. During the same period last year, the company posted $1.54 earnings per share. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities research analysts predict that JPMorgan Chase & Co. will post $5.88 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 31st. Investors of record on Thursday, October 6th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend was Tuesday, October 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 33.10%.

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Several research analysts have issued reports on the company. Zacks Investment Research lowered JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research note on Tuesday, November 15th. Vetr cut JPMorgan Chase & Co. from a “hold” rating to a “sell” rating and set a $71.84 target price on the stock. in a report on Monday, November 14th. Robert W. Baird cut JPMorgan Chase & Co. from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $70.03 to $72.00 in a report on Wednesday, November 9th. Credit Suisse Group AG restated a “buy” rating and set a $78.00 target price on shares of JPMorgan Chase & Co. in a report on Thursday, November 3rd. Finally, Compass Point began coverage on JPMorgan Chase & Co. in a report on Tuesday, October 11th. They set a “sell” rating on the stock. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and eighteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $72.43.

In related news, General Counsel Stacey Friedman sold 2,099 shares of the company’s stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $69.03, for a total transaction of $144,893.97. Following the transaction, the general counsel now directly owns 4,752 shares of the company’s stock, valued at approximately $328,030.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Mark O’donovan sold 4,035 shares of the company’s stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $69.05, for a total value of $278,616.75. Following the transaction, the insider now directly owns 6,005 shares in the company, valued at $414,645.25. The disclosure for this sale can be found here. Corporate insiders own 0.85% of the company’s stock.

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 serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

5 Day Chart for NYSE:JPM

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