Woodstock Corp Purchases 3,213 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Woodstock Corp lifted its position in JPMorgan Chase & Co. (NYSE:JPM) by 4.8% in the 4th quarter, Holdings Channel reports. The fund owned 70,433 shares of the financial services provider’s stock after acquiring an additional 3,213 shares during the quarter. Woodstock Corp’s holdings in JPMorgan Chase & Co. were worth $9,445,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of JPMorgan Chase & Co. by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 272,539,783 shares of the financial services provider’s stock worth $28,480,408,000 after acquiring an additional 2,918,554 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of JPMorgan Chase & Co. by 23.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 31,667,210 shares of the financial services provider’s stock worth $3,566,044,000 after buying an additional 5,978,393 shares during the last quarter. Legal & General Group Plc grew its stake in shares of JPMorgan Chase & Co. by 4.2% in the 2nd quarter. Legal & General Group Plc now owns 21,156,537 shares of the financial services provider’s stock worth $2,382,439,000 after buying an additional 847,094 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of JPMorgan Chase & Co. by 5.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 21,084,558 shares of the financial services provider’s stock worth $2,203,621,000 after buying an additional 1,058,790 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of JPMorgan Chase & Co. by 21.1% in the 2nd quarter. Franklin Resources Inc. now owns 19,739,048 shares of the financial services provider’s stock worth $2,222,815,000 after buying an additional 3,435,522 shares during the last quarter. Institutional investors own 67.89% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. UBS Group set a $156.00 price target on JPMorgan Chase & Co. in a research note on Friday, January 13th. Barclays upped their price target on JPMorgan Chase & Co. from $162.00 to $189.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 3rd. Royal Bank of Canada set a $130.00 price target on JPMorgan Chase & Co. in a research note on Friday, January 13th. Piper Sandler increased their target price on JPMorgan Chase & Co. from $150.00 to $157.00 in a research note on Tuesday, January 17th. Finally, Oppenheimer increased their target price on JPMorgan Chase & Co. from $177.00 to $186.00 and gave the company an “outperform” rating in a research note on Thursday, February 2nd. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $150.78.

JPMorgan Chase & Co. Price Performance

Shares of JPMorgan Chase & Co. stock opened at $125.81 on Friday. JPMorgan Chase & Co. has a one year low of $101.28 and a one year high of $144.34. The stock’s fifty day moving average is $139.06 and its 200 day moving average is $129.21. The stock has a market cap of $370.30 billion, a P/E ratio of 10.41, a P/E/G ratio of 2.09 and a beta of 1.12. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.84 and a current ratio of 0.84.

JPMorgan Chase & Co. (NYSE:JPM – Get Rating) last announced its earnings results on Friday, January 13th. The financial services provider reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.11 by $0.46. The company had revenue of $34.55 billion for the quarter, compared to analysts’ expectations of $34.23 billion. JPMorgan Chase & Co. had a return on equity of 14.68% and a net margin of 24.34%. JPMorgan Chase & Co.’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period last year, the firm earned $3.33 EPS. Sell-side analysts anticipate that JPMorgan Chase & Co. will post 12.9 earnings per share for the current year.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 23,148 shares of the firm’s stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $140.31, for a total transaction of $3,247,895.88. Following the sale, the general counsel now directly owns 48,311 shares of the company’s stock, valued at $6,778,516.41. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 23,148 shares of the firm’s stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $140.31, for a total transaction of $3,247,895.88. Following the sale, the general counsel now directly owns 48,311 shares of the company’s stock, valued at $6,778,516.41. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Vice Chairman Peter Scher sold 4,399 shares of the firm’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $140.32, for a total value of $617,267.68. Following the sale, the insider now directly owns 36,369 shares in the company, valued at $5,103,298.08. The disclosure for this sale can be found here. Insiders have sold a total of 37,887 shares of company stock valued at $5,315,762 over the last ninety days. 0.79% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. Company Profile

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JPMorgan Chase & Co is a financial holding company, which engages in providing financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.