Dupont Capital Management Corp Has $52.67 Million Position in JPMorgan Chase (JPM)

Dupont Capital Management Corp lowered its position in JPMorgan Chase (NYSE:JPM) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 492,549 shares of the financial services provider’s stock after selling 25,319 shares during the quarter. JPMorgan Chase makes up about 1.2% of Dupont Capital Management Corp’s portfolio, making the stock its 7th biggest position. Dupont Capital Management Corp’s holdings in JPMorgan Chase were worth $52,673,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Janus Henderson Group PLC boosted its position in JPMorgan Chase by 517.3% during the 2nd quarter. Janus Henderson Group PLC now owns 5,553,819 shares of the financial services provider’s stock valued at $507,632,000 after acquiring an additional 4,654,113 shares in the last quarter. Stifel Financial Corp boosted its position in JPMorgan Chase by 9,301.6% during the 3rd quarter. Stifel Financial Corp now owns 4,351,736 shares of the financial services provider’s stock valued at $415,662,000 after acquiring an additional 4,305,449 shares in the last quarter. Alliancebernstein L.P. boosted its position in JPMorgan Chase by 29.2% during the 2nd quarter. Alliancebernstein L.P. now owns 17,456,699 shares of the financial services provider’s stock valued at $1,595,542,000 after acquiring an additional 3,945,948 shares in the last quarter. Vanguard Group Inc. boosted its position in JPMorgan Chase by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock valued at $22,839,729,000 after acquiring an additional 3,717,683 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its position in JPMorgan Chase by 40.8% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 9,769,017 shares of the financial services provider’s stock valued at $892,886,000 after acquiring an additional 2,828,726 shares in the last quarter. 74.53% of the stock is currently owned by institutional investors.

Several analysts have issued reports on the company. BMO Capital Markets reaffirmed a “hold” rating and set a $110.00 target price on shares of JPMorgan Chase in a research report on Friday, April 13th. Jefferies Group reaffirmed a “buy” rating and set a $122.00 target price on shares of JPMorgan Chase in a research report on Monday, April 16th. ValuEngine cut JPMorgan Chase from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Vining Sparks reaffirmed a “buy” rating and set a $130.00 target price on shares of JPMorgan Chase in a research report on Friday, April 6th. Finally, Nomura increased their target price on JPMorgan Chase from $113.00 to $117.00 and gave the company a “neutral” rating in a research report on Wednesday, February 28th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have given a buy rating to the company. JPMorgan Chase presently has an average rating of “Hold” and an average price target of $112.80.

Shares of JPM stock opened at $110.10 on Friday. The firm has a market capitalization of $378,922.59, a P/E ratio of 16.03, a PEG ratio of 1.86 and a beta of 1.24. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.19. JPMorgan Chase has a 1 year low of $81.64 and a 1 year high of $119.33.

JPMorgan Chase (NYSE:JPM) last issued its earnings results on Friday, April 13th. The financial services provider reported $2.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.28 by $0.09. The company had revenue of $27.90 billion during the quarter, compared to analyst estimates of $27.73 billion. JPMorgan Chase had a return on equity of 12.60% and a net margin of 22.53%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the business posted $1.65 EPS. analysts forecast that JPMorgan Chase will post 8.9 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Friday, April 6th will be paid a $0.56 dividend. The ex-dividend date of this dividend is Thursday, April 5th. This represents a $2.24 dividend on an annualized basis and a yield of 2.03%. JPMorgan Chase’s dividend payout ratio (DPR) is 32.61%.

In other news, Director Mellody L. Hobson bought 18,000 shares of JPMorgan Chase stock in a transaction that occurred on Monday, April 16th. The stock was bought at an average price of $111.05 per share, for a total transaction of $1,998,900.00. Following the purchase, the director now directly owns 864 shares of the company’s stock, valued at approximately $95,947.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.73% of the company’s stock.

JPMorgan Chase Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

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

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