Aua Capital Management LLC Grows Stock Position in JPMorgan Chase & Co. (NYSE:JPM)

Aua Capital Management LLC grew its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 6.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,595 shares of the financial services provider’s stock after purchasing an additional 400 shares during the quarter. Aua Capital Management LLC’s holdings in JPMorgan Chase & Co. were worth $899,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JPM. Landmark Wealth Management LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 1st quarter valued at about $46,000. Evolution Advisers Inc. purchased a new stake in JPMorgan Chase & Co. in the 4th quarter worth approximately $52,000. Leverty Financial Group LLC purchased a new stake in JPMorgan Chase & Co. in the 4th quarter worth approximately $54,000. Delos Wealth Advisors LLC increased its holdings in JPMorgan Chase & Co. by 13,433.3% in the 4th quarter. Delos Wealth Advisors LLC now owns 406 shares of the financial services provider’s stock worth $64,000 after acquiring an additional 403 shares in the last quarter. Finally, Bromfield Sneider Wealth Advisors purchased a new stake in JPMorgan Chase & Co. in the 1st quarter worth approximately $76,000. Hedge funds and other institutional investors own 70.35% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on JPM shares. Wells Fargo & Company reduced their target price on shares of JPMorgan Chase & Co. from $120.00 to $118.00 and set an “equal weight” rating for the company in a report on Thursday, July 14th. Jefferies Financial Group reduced their target price on shares of JPMorgan Chase & Co. from $137.00 to $126.00 and set a “hold” rating for the company in a report on Monday, July 11th. Credit Suisse Group reduced their target price on shares of JPMorgan Chase & Co. from $160.00 to $145.00 and set an “outperform” rating for the company in a report on Friday, July 15th. Morgan Stanley dropped their price target on JPMorgan Chase & Co. from $149.00 to $127.00 and set an “underweight” rating for the company in a research note on Tuesday, July 12th. Finally, Evercore ISI dropped their price target on JPMorgan Chase & Co. from $135.00 to $125.00 in a research note on Friday, July 15th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $145.95.

JPMorgan Chase & Co. Stock Up 0.5 %

Shares of JPM opened at $115.36 on Friday. The company has a market cap of $338.82 billion, a PE ratio of 9.26, a P/E/G ratio of 2.05 and a beta of 1.15. The business has a fifty day moving average of $118.40 and a 200 day moving average of $130.84. JPMorgan Chase & Co. has a 52-week low of $106.06 and a 52-week high of $172.96. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 1.14.

JPMorgan Chase & Co. (NYSE:JPM – Get Rating) last issued its quarterly earnings results on Thursday, July 14th. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.76. The company had revenue of $30.72 billion during the quarter, compared to the consensus estimate of $31.82 billion. JPMorgan Chase & Co. had a return on equity of 15.29% and a net margin of 30.41%. JPMorgan Chase & Co.’s revenue was up .8% on a year-over-year basis. During the same period last year, the company earned $3.78 earnings per share. On average, sell-side analysts expect that JPMorgan Chase & Co. will post 11.23 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, July 31st. Investors of record on Wednesday, July 6th will be given a $1.00 dividend. The ex-dividend date is Tuesday, July 5th. This represents a $4.00 dividend on an annualized basis and a yield of 3.47%. JPMorgan Chase & Co.’s dividend payout ratio is presently 32.10%.

About JPMorgan Chase & Co.

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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 s deposit, investment and lending products, payments, 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, auto loan, and leasing services.

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