Lincoln Capital LLC Purchases 264 Shares of JPMorgan Chase & Co. (NYSE:JPM)

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Lincoln Capital LLC boosted its position in JPMorgan Chase & Co. (NYSE:JPM) by 3.2% during the 4th quarter, HoldingsChannel reports. The firm owned 8,510 shares of the financial services provider’s stock after purchasing an additional 264 shares during the period. Lincoln Capital LLC’s holdings in JPMorgan Chase & Co. were worth $1,186,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in JPM. LFA Lugano Financial Advisors SA bought a new position in JPMorgan Chase & Co. in the 4th quarter worth $26,000. Bridger Capital Management LLC purchased a new stake in JPMorgan Chase & Co. in the 3rd quarter worth $33,000. Vista Private Wealth Partners. LLC purchased a new stake in JPMorgan Chase & Co. in the 3rd quarter worth $35,000. Eukles Asset Management raised its holdings in JPMorgan Chase & Co. by 36.5% during the third quarter. Eukles Asset Management now owns 318 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 85 shares during the period. Finally, JJJ Advisors Inc. raised its holdings in JPMorgan Chase & Co. by 87.5% during the third quarter. JJJ Advisors Inc. now owns 375 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 175 shares during the period. 72.11% of the stock is currently owned by institutional investors and hedge funds.

NYSE:JPM opened at $136.84 on Wednesday. The company has a current ratio of 0.92, a quick ratio of 0.93 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $433.46 billion, a P/E ratio of 12.76, a P/E/G ratio of 1.84 and a beta of 1.24. JPMorgan Chase & Co. has a 12 month low of $98.09 and a 12 month high of $141.10. The business’s 50-day moving average is $137.06 and its 200 day moving average is $122.74.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Tuesday, January 14th. The financial services provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.25. The company had revenue of $28.30 billion during the quarter, compared to analyst estimates of $27.69 billion. JPMorgan Chase & Co. had a return on equity of 15.19% and a net margin of 25.49%. The firm’s revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.98 earnings per share. On average, research analysts forecast that JPMorgan Chase & Co. will post 10.71 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 6th will be issued a dividend of $0.90 per share. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $3.60 annualized dividend and a dividend yield of 2.63%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 34.35%.

Several equities analysts have recently commented on the company. Credit Suisse Group boosted their price objective on JPMorgan Chase & Co. from $142.00 to $147.00 and gave the company an “outperform” rating in a research report on Wednesday, January 15th. Morgan Stanley increased their target price on JPMorgan Chase & Co. from $146.00 to $151.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 15th. BMO Capital Markets lifted their target price on JPMorgan Chase & Co. to and gave the company a “market perform” rating in a research note on Wednesday, January 15th. Societe Generale cut JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Finally, ValuEngine cut JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have given a buy rating to the stock. JPMorgan Chase & Co. currently has a consensus rating of “Hold” and an average price target of $135.29.

In other JPMorgan Chase & Co. news, insider Nicole Giles sold 863 shares of JPMorgan Chase & Co. stock in a transaction on Monday, October 28th. The shares were sold at an average price of $126.73, for a total value of $109,367.99. Following the completion of the transaction, the insider now directly owns 8,949 shares of the company’s stock, valued at approximately $1,134,106.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Daniel E. Pinto sold 64,198 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $130.91, for a total transaction of $8,404,160.18. Following the completion of the transaction, the chief executive officer now directly owns 451,481 shares of the company’s stock, valued at $59,103,377.71. The disclosure for this sale can be found here. Insiders have sold a total of 121,172 shares of company stock worth $16,158,032 over the last ninety days. Insiders own 0.76% of the company’s stock.

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.

Further Reading: What is a Call Option?

Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM).

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

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