JPMorgan Chase & Co. (NYSE:JPM) has earned an average recommendation of “Hold” from the twenty-nine analysts that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and fifteen have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $102.83.

Several research analysts recently commented on the company. Vetr downgraded JPMorgan Chase & Co. from a “sell” rating to a “strong sell” rating and set a $93.51 price objective for the company. in a research note on Wednesday, January 10th. Vining Sparks reissued a “buy” rating and issued a $120.00 price objective on shares of JPMorgan Chase & Co. in a research note on Friday. Nomura set a $115.00 price objective on JPMorgan Chase & Co. and gave the company a “neutral” rating in a research note on Friday. Argus increased their price objective on JPMorgan Chase & Co. from $109.00 to $125.00 and gave the company a “buy” rating in a research note on Friday. Finally, Deutsche Bank downgraded JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and increased their price objective for the company from $90.00 to $96.00 in a research note on Tuesday, September 26th.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $101.96, for a total transaction of $214,014.04. Following the completion of the transaction, the general counsel now directly owns 15,279 shares in the company, valued at approximately $1,557,846.84. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.88% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its holdings in JPMorgan Chase & Co. by 517.3% during the 2nd quarter. Janus Henderson Group PLC now owns 5,553,819 shares of the financial services provider’s stock valued at $507,632,000 after acquiring an additional 4,654,113 shares during the period. Stifel Financial Corp boosted its holdings in JPMorgan Chase & Co. by 9,301.6% during the 3rd quarter. Stifel Financial Corp now owns 4,351,736 shares of the financial services provider’s stock valued at $415,662,000 after acquiring an additional 4,305,449 shares during the period. Alliancebernstein L.P. boosted its holdings in JPMorgan Chase & Co. by 29.2% during the 2nd quarter. Alliancebernstein L.P. now owns 17,456,699 shares of the financial services provider’s stock valued at $1,595,542,000 after acquiring an additional 3,945,948 shares during the period. Vanguard Group Inc. boosted its holdings in JPMorgan Chase & Co. by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock valued at $22,839,729,000 after acquiring an additional 3,717,683 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its holdings in JPMorgan Chase & Co. by 40.8% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 9,769,017 shares of the financial services provider’s stock valued at $892,886,000 after acquiring an additional 2,828,726 shares during the period. Institutional investors and hedge funds own 73.76% of the company’s stock.

JPMorgan Chase & Co. (NYSE:JPM) opened at $112.67 on Monday. JPMorgan Chase & Co. has a 52 week low of $81.64 and a 52 week high of $112.85. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $390,930.00, a price-to-earnings ratio of 17.66, a P/E/G ratio of 2.05 and a beta of 1.22.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.69 by $0.07. JPMorgan Chase & Co. had a return on equity of 11.68% and a net margin of 24.08%. The firm had revenue of $24.15 billion during the quarter, compared to the consensus estimate of $24.87 billion. During the same period in the prior year, the company earned $1.71 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year. equities analysts predict that JPMorgan Chase & Co. will post 8.25 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date is Thursday, January 4th. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.11%.

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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.

Analyst Recommendations for JPMorgan Chase & Co. (NYSE:JPM)

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