Venture Visionary Partners LLC increased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 240,725 shares of the financial services provider’s stock after purchasing an additional 2,309 shares during the period. JPMorgan Chase & Co. makes up about 2.5% of Venture Visionary Partners LLC’s investment portfolio, making the stock its 7th largest position. Venture Visionary Partners LLC’s holdings in JPMorgan Chase & Co. were worth $78,109,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Timmons Wealth Management LLC bought a new stake in JPMorgan Chase & Co. in the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd bought a new position in JPMorgan Chase & Co. during the fourth quarter valued at $32,000. Turning Point Benefit Group Inc. bought a new position in JPMorgan Chase & Co. during the third quarter valued at $35,000. Merrithew & Thorsten Inc bought a new position in JPMorgan Chase & Co. during the fourth quarter valued at $40,000. Finally, WHI TRUST Co LLC bought a new stake in JPMorgan Chase & Co. in the fourth quarter worth about $45,000. Institutional investors own 71.55% of the company’s stock.
Insider Buying and Selling at JPMorgan Chase & Co.
In other JPMorgan Chase & Co. news, insider Robin Leopold sold 433 shares of the stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $295.06, for a total transaction of $127,760.98. Following the transaction, the insider directly owned 64,920 shares in the company, valued at $19,155,295.20. This represents a 0.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jeremy Barnum sold 5,611 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $306.55, for a total transaction of $1,720,052.05. Following the transaction, the chief financial officer owned 35,460 shares in the company, valued at approximately $10,870,263. The trade was a 13.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 28,589 shares of company stock valued at $8,747,496 in the last 90 days. Insiders own 0.41% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on JPMorgan Chase & Co.
JPMorgan Chase & Co. Stock Down 0.4%
Shares of JPMorgan Chase & Co. stock opened at $319.36 on Tuesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.86 and a quick ratio of 0.86. JPMorgan Chase & Co. has a 1 year low of $266.85 and a 1 year high of $337.25. The firm’s 50-day moving average is $306.78 and its two-hundred day moving average is $307.14. The stock has a market cap of $855.74 billion, a price-to-earnings ratio of 15.30, a PEG ratio of 1.57 and a beta of 1.00.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.50 by $0.44. JPMorgan Chase & Co. had a net margin of 20.66% and a return on equity of 17.54%. The company had revenue of $50.54 billion for the quarter, compared to analysts’ expectations of $48.30 billion. During the same period in the prior year, the business earned $5.07 EPS. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. As a group, research analysts expect that JPMorgan Chase & Co. will post 22.4 earnings per share for the current fiscal year.
JPMorgan Chase & Co. Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, July 6th. JPMorgan Chase & Co.’s dividend payout ratio is presently 28.74%.
JPMorgan Chase & Co. News Roundup
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: JPMorganChase declared dividends on its Series CC preferred stock, a routine but supportive signal that the bank continues returning capital to investors. JPMorganChase Declares Preferred Stock Dividends
- Positive Sentiment: The company announced it will hold a 2027 Investor Day in New York, which may help build confidence by giving management a platform to discuss long-term growth, capital plans, and strategy. JPMorganChase Announces 2027 Investor Day
- Positive Sentiment: JPMorgan’s trading desk said the market could see a broad risk-on move after the Iran-related peace news, which could favor cyclicals and financials like JPM if investor sentiment improves. Stock Market Poised for ‘Broad Risk-On Impulse,’ Says JPMorgan
- Neutral Sentiment: Several articles mentioned JPMorgan in market commentary and stock-picking notes, but they do not appear to change the bank’s fundamentals directly. Which is the Better Bank Stock to Buy: JPMorgan or Citigroup?
- Negative Sentiment: One broader theme in the market is a possible rotation toward higher-beta and cyclically sensitive names, which could slightly pressure defensive large-cap financial trades if investors shift away from quality premiums. Morgan Stanley’s Wilson Sees US Stock Market Rally Broadening
About JPMorgan Chase & Co.
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.
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