JPMorgan Chase & Co. $JPM Shares Acquired by Danske Bank A S

Danske Bank A S lifted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,293,510 shares of the financial services provider’s stock after purchasing an additional 84,193 shares during the quarter. JPMorgan Chase & Co. accounts for approximately 1.7% of Danske Bank A S’s investment portfolio, making the stock its 11th biggest holding. Danske Bank A S’s holdings in JPMorgan Chase & Co. were worth $739,015,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mountain Hill Investment Partners Corp. acquired a new stake in shares of JPMorgan Chase & Co. during the third quarter worth $32,000. Turning Point Benefit Group Inc. acquired a new position in JPMorgan Chase & Co. during the third quarter valued at $35,000. Miller Global Investments LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter valued at $52,000. Collier Financial acquired a new position in JPMorgan Chase & Co. during the third quarter valued at $60,000. Finally, Nvest Wealth Strategies Inc. acquired a new position in JPMorgan Chase & Co. during the fourth quarter valued at $62,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on JPM shares. Zacks Research downgraded shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 8th. HSBC boosted their target price on shares of JPMorgan Chase & Co. from $288.00 to $312.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of JPMorgan Chase & Co. in a research report on Tuesday, February 24th. Evercore boosted their target price on shares of JPMorgan Chase & Co. from $320.00 to $340.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. Finally, Freedom Capital upgraded shares of JPMorgan Chase & Co. to a “hold” rating in a research report on Wednesday, January 14th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $338.12.

Key JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan is pushing deeper into fintech-style banking to attract Gen Z customers, rolling out low-fee Chase accounts and an upgraded app aimed at winning 30 million new-to-banking users. Article Title
• Positive Sentiment: JPMorgan also continued to highlight opportunities in global markets, including a more constructive view on Asian tech and KOSPI exposure tied to the AI and memory-cycle boom, reinforcing the firm’s strong research franchise. Article Title
• Neutral Sentiment: JPMorgan’s analysts issued several high-profile calls on other companies, including a new hold on Oklo and a lower price target on McDonald’s, keeping the bank visible in the market but not directly changing JPM’s earnings outlook. Article Title
• Neutral Sentiment: Separately, commentary from JPMorgan strategists warned that inflation, geopolitical fragmentation, and oil-price shocks remain key market risks, which may support a cautious tone toward financial stocks. Article Title
• Negative Sentiment: A JPMorgan-led lender group reduced a credit facility for troubled FS KKR Capital and raised borrowing costs, a reminder that credit stress in private markets could be a headwind for the broader lending environment. Article Title
• Negative Sentiment: Investor speculation about whether Jamie Dimon could eventually step down also hovered over the stock, creating some governance and succession uncertainty for JPMorgan Chase & Co. Article Title

JPMorgan Chase & Co. Stock Down 0.8%

JPM opened at $299.75 on Tuesday. JPMorgan Chase & Co. has a fifty-two week low of $256.00 and a fifty-two week high of $337.25. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.86. The company has a fifty day moving average of $299.53 and a two-hundred day moving average of $307.27. The stock has a market capitalization of $803.18 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 1.47 and a beta of 1.03.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $48.30 billion. During the same quarter in the previous year, the company earned $5.07 earnings per share. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, research analysts expect that JPMorgan Chase & Co. will post 22.42 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Monday, April 6th were issued a $1.50 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $6.00 dividend on an annualized basis and a yield of 2.0%. JPMorgan Chase & Co.’s payout ratio is presently 28.74%.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, CEO Troy L. Rohrbaugh sold 50,000 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $307.11, for a total value of $15,355,500.00. Following the completion of the transaction, the chief executive officer owned 111,279 shares of the company’s stock, valued at approximately $34,174,893.69. The trade was a 31.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Jennifer Piepszak sold 9,136 shares of JPMorgan Chase & Co. stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $306.56, for a total transaction of $2,800,732.16. Following the completion of the transaction, the chief operating officer directly owned 90,001 shares of the company’s stock, valued at $27,590,706.56. The trade was a 9.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 79,849 shares of company stock valued at $24,522,956 in the last ninety days. Company insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. Company Profile

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.