Core Alternative Capital Sells 4,735 Shares of JPMorgan Chase & Co. $JPM

Core Alternative Capital lowered its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 9.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 46,869 shares of the financial services provider’s stock after selling 4,735 shares during the period. JPMorgan Chase & Co. makes up approximately 4.3% of Core Alternative Capital’s investment portfolio, making the stock its 4th largest position. Core Alternative Capital’s holdings in JPMorgan Chase & Co. were worth $14,784,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Harbor Asset Planning Inc. acquired a new position in shares of JPMorgan Chase & Co. during the second quarter worth about $26,000. Mizuho Securities Co. Ltd. lifted its stake in JPMorgan Chase & Co. by 450.0% in the second quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 90 shares during the last quarter. Mountain Hill Investment Partners Corp. purchased a new position in JPMorgan Chase & Co. in the third quarter worth approximately $32,000. Family Legacy Financial Solutions LLC grew its holdings in JPMorgan Chase & Co. by 92.6% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 50 shares in the last quarter. Finally, Clarity Asset Management Inc. increased its position in shares of JPMorgan Chase & Co. by 87.1% in the 2nd quarter. Clarity Asset Management Inc. now owns 217 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 101 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

Insiders Place Their Bets

In other news, General Counsel Stacey Friedman sold 3,404 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $312.80, for a total transaction of $1,064,771.20. Following the transaction, the general counsel directly owned 65,353 shares of the company’s stock, valued at $20,442,418.40. This represents a 4.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeremy Barnum sold 2,893 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $312.79, for a total transaction of $904,901.47. Following the completion of the transaction, the chief financial officer owned 26,696 shares of the company’s stock, valued at $8,350,241.84. This represents a 9.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 14,868 shares of company stock worth $4,650,596. 0.47% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Stock Performance

Shares of JPM opened at $310.17 on Friday. The stock has a market capitalization of $844.36 billion, a P/E ratio of 15.50, a P/E/G ratio of 1.55 and a beta of 1.07. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.86 and a current ratio of 0.85. JPMorgan Chase & Co. has a 1 year low of $202.16 and a 1 year high of $337.25. The company’s fifty day moving average is $315.41 and its two-hundred day moving average is $306.82.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.93 by $0.30. JPMorgan Chase & Co. had a net margin of 20.35% and a return on equity of 17.16%. The firm had revenue of $46.77 billion during the quarter, compared to analysts’ expectations of $45.98 billion. During the same period in the prior year, the company posted $4.81 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, sell-side analysts predict that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.

JPMorgan Chase & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Tuesday, January 6th were issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, January 6th. JPMorgan Chase & Co.’s dividend payout ratio is currently 29.99%.

Analysts Set New Price Targets

A number of brokerages recently commented on JPM. Truist Financial set a $334.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, January 14th. Hsbc Global Res raised JPMorgan Chase & Co. from a “moderate sell” rating to a “hold” rating in a report on Wednesday, January 7th. DZ Bank reiterated a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. Keefe, Bruyette & Woods boosted their target price on JPMorgan Chase & Co. from $354.00 to $363.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. Finally, Wolfe Research downgraded JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Fourteen research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $340.18.

Key Headlines Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan’s move into bank-issued stablecoins (launch of JPMD on Base) and broader industry adoption could open new fees, deposits and client-asset services over time — a strategic revenue diversification positive for long-term growth. Stablecoins Enter Banking Mainstream as Traditional Finance Challenges Crypto-Native Dominance
• Positive Sentiment: Robert W. Baird upgraded JPMorgan to “Neutral” (an upward analyst action vs. prior stance), which can provide some support to the stock by validating fundamentals and valuation. Robert W. Baird Upgrades JPMorgan Chase & Co. to “Neutral”
• Neutral Sentiment: JPMorgan notified Iluka Resources that it ceased being a substantial holder — a routine portfolio change for the bank’s investment/asset-management units with limited direct impact on JPM stock. JPMorgan Ceases to Be Substantial Holder in Iluka Resources
• Neutral Sentiment: Reuters reports big U.S. banks (including JPMorgan) increased lobbying spend meaningfully — shows management investing to shape regulation but also higher operating costs; mixed longer-term implications. Big US banks boost Washington lobbying muscle as policy fights heat up
• Negative Sentiment: JPMorgan completed a $3 billion subordinated notes offering — the new Tier 2 debt increases funding and capital flexibility but may be viewed negatively by investors who prefer capital returns (buybacks/dividends) or who interpret issuance as conservatism amid capital pressures. This issuance is the most direct driver of today’s weaker stock tone. JPMorgan Chase completes $3 billion subordinated notes offering
• Negative Sentiment: JPMorgan commentary on Fed politics — coverage that Kevin Warsh (Trump’s nominee) will “make the case for rate cuts” raises the prospect of easier policy sooner; easing would likely compress banks’ net interest margins over time, a negative for JPM’s core earnings. Warsh will ‘Make the Case For Rate Cuts,’ Says JPMorgan
• Negative Sentiment: Allegations by a pro-XRP lawyer that JPMorgan is manipulating bitcoin are reputational/legal noise that can trigger headlines and short-term volatility, though the direct financial impact is uncertain. Pro-XRP Lawyer Deaton Claims JPMorgan Is Manipulating Bitcoin, Just Like Silver

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.