JPMorgan Chase & Co. $JPM is NatWest Group plc's 4th Largest Position

Key Points

• NatWest Group plc reduced its holdings in JPMorgan Chase & Co. by 19.2%, making it their 4th largest investment, valued at approximately $15.12 million.
• JPMorgan Chase reported earnings of $4.96 per share in its last quarter, exceeding analysts' expectations and showing a revenue of $44.91 billion, though down 10.5% compared to last year.
• Analyst ratings for JPMorgan Chase show a consensus of Moderate Buy with a price target of $291.67, reflecting diverse opinions from analysts regarding the stock's future performance.

NatWest Group plc lessened its stake in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 19.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,643 shares of the financial services provider's stock after selling 14,681 shares during the period. JPMorgan Chase & Co. accounts for about 4.5% of NatWest Group plc's portfolio, making the stock its 4th largest position. NatWest Group plc's holdings in JPMorgan Chase & Co. were worth $15,121,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in JPMorgan Chase & Co. in the 1st quarter valued at about $28,000. University of Illinois Foundation acquired a new stake in JPMorgan Chase & Co. in the first quarter valued at approximately $30,000. Curat Global LLC bought a new stake in shares of JPMorgan Chase & Co. during the first quarter valued at approximately $33,000. Measured Risk Portfolios Inc. acquired a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $44,000. Finally, Minot DeBlois Advisors LLC acquired a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $54,000. 71.55% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Stock Down 0.5%

JPM traded down $1.37 during midday trading on Monday, reaching $293.01. The company's stock had a trading volume of 7,894,881 shares, compared to its average volume of 9,669,399. JPMorgan Chase & Co. has a 1 year low of $200.61 and a 1 year high of $305.15. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $805.70 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 1.96 and a beta of 1.13. The stock's 50-day moving average is $293.16 and its 200-day moving average is $266.02.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its earnings results on Tuesday, July 15th. The financial services provider reported $4.96 EPS for the quarter, topping the consensus estimate of $4.48 by $0.48. JPMorgan Chase & Co. had a return on equity of 16.93% and a net margin of 20.52%.The business had revenue of $44.91 billion for the quarter, compared to the consensus estimate of $43.76 billion. During the same period in the previous year, the company posted $6.12 earnings per share. The company's revenue for the quarter was down 10.5% compared to the same quarter last year. As a group, research analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, Director Linda Bammann sold 9,500 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $297.94, for a total value of $2,830,430.00. Following the completion of the transaction, the director owned 82,207 shares in the company, valued at $24,492,753.58. The trade was a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.47% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Hsbc Global Res lowered shares of JPMorgan Chase & Co. from a "hold" rating to a "moderate sell" rating in a research note on Tuesday, July 8th. TD Securities reaffirmed a "buy" rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, June 4th. Piper Sandler reissued an "overweight" rating on shares of JPMorgan Chase & Co. in a report on Tuesday, July 15th. HSBC restated a "reduce" rating and set a $259.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 8th. Finally, Evercore ISI set a $298.00 price objective on JPMorgan Chase & Co. and gave the stock an "outperform" rating in a research report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $291.67.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.