Insider Buying: JPMorgan American (LON:JAM) Insider Purchases £75,760 in Stock

JPMorgan American (LON:JAM) insider Colin Moore acquired 8,000 shares of JPMorgan American stock in a transaction on Monday, April 14th. The shares were purchased at an average cost of GBX 947 ($12.56) per share, for a total transaction of £75,760 ($100,517.45).

JPMorgan American Stock Down 2.6 %

JAM stock opened at GBX 905 ($12.01) on Friday. JPMorgan American has a twelve month low of GBX 827 ($10.97) and a twelve month high of GBX 1,198 ($15.89). The company has a market cap of £1.64 billion, a P/E ratio of 3.92 and a beta of 0.65. The business has a fifty day moving average of GBX 1,015.14 and a 200-day moving average of GBX 1,073.43.

JPMorgan American (LON:JAM) last announced its quarterly earnings data on Thursday, April 3rd. The company reported GBX 10.59 ($0.14) EPS for the quarter. JPMorgan American had a return on equity of 24.87% and a net margin of 97.58%.

JPMorgan American Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, April 17th will be paid a dividend of GBX 8.25 ($0.11) per share. This represents a dividend yield of 0.88%. This is an increase from JPMorgan American’s previous dividend of $2.75. The ex-dividend date of this dividend is Thursday, April 17th. JPMorgan American’s payout ratio is 3.47%.

About JPMorgan American

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.