JPMorgan Chase & Co. $JPM Shares Purchased by MASTERINVEST Kapitalanlage GmbH

Key Points

• MASTERINVEST Kapitalanlage GmbH increased its JPMorgan stake by 16.2% in the second quarter, purchasing 11,037 additional shares for a total of 79,362 shares valued at approximately $26.0 million.
• Other institutional investors also added to their positions, with institutional investors and hedge funds collectively owning 71.55% of JPMorgan’s shares. Insider Robin Leopold separately sold 2,500 shares under a pre-arranged Rule 10b5-1 plan.
• JPMorgan reported stronger-than-expected quarterly results, including $6.14 in EPS and $58.02 billion in revenue, and raised its quarterly dividend to $1.65 per share. Analysts maintain a “Moderate Buy” consensus with an average price target of $359.96.

MASTERINVEST Kapitalanlage GmbH boosted its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 16.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,362 shares of the financial services provider's stock after purchasing an additional 11,037 shares during the quarter. JPMorgan Chase & Co. comprises 2.2% of MASTERINVEST Kapitalanlage GmbH's holdings, making the stock its 9th biggest position. MASTERINVEST Kapitalanlage GmbH's holdings in JPMorgan Chase & Co. were worth $25,978,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Triton Financial Group Inc bought a new stake in JPMorgan Chase & Co. in the second quarter valued at about $2,030,000. Jacobs Equity LLC boosted its holdings in JPMorgan Chase & Co. by 1,052.7% during the second quarter. Jacobs Equity LLC now owns 23,273 shares of the financial services provider's stock worth $7,618,000 after buying an additional 21,254 shares during the last quarter. Strive Financial Group LLC boosted its holdings in JPMorgan Chase & Co. by 5.9% during the second quarter. Strive Financial Group LLC now owns 1,072 shares of the financial services provider's stock worth $351,000 after buying an additional 60 shares during the last quarter. Fayez Sarofim & Co grew its position in shares of JPMorgan Chase & Co. by 2.7% during the 2nd quarter. Fayez Sarofim & Co now owns 3,214,618 shares of the financial services provider's stock worth $1,052,241,000 after buying an additional 85,496 shares during the period. Finally, Redwood Investment Management LLC grew its position in shares of JPMorgan Chase & Co. by 3.6% during the 2nd quarter. Redwood Investment Management LLC now owns 9,218 shares of the financial services provider's stock worth $3,017,000 after buying an additional 321 shares during the period. 71.55% of the stock is currently owned by institutional investors and hedge funds.

More JPMorgan Chase & Co. News

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

• Positive Sentiment: New $20 billion QIA partnership supports long-term fee growth. J.P. Morgan Asset Management will oversee a $15 billion public-equities mandate and collaborate on $5 billion of private-markets investments for Qatar Investment Authority. The arrangement could expand JPMorgan’s asset-management scale and recurring fee revenue. QIA and J.P. Morgan Asset Management Announce $20 Billion Strategic Partnership
• Positive Sentiment: Payments and investment-banking commentary remains constructive. JPMorgan is expanding cross-border payments through a Thunes partnership, while executives said dealmaking is on track for a strong year. These developments could benefit payments revenue and investment-banking fees. Thunes Powers J.P. Morgan Payments’ Xpedite Remit Solution
• Neutral Sentiment: JPMorgan CEO Jamie Dimon expects AI infrastructure spending to reach $1 trillion next year. The forecast highlights potential financing and advisory opportunities, but Dimon also warned that the investment boom could add to inflation, potentially keeping interest rates higher for longer. Jamie Dimon Expects AI Hyperscalers to Spend $1 Trillion Next Year
• Negative Sentiment: Bank stocks sold off as investors questioned whether AI could disrupt traditional financial services. The market’s preference for technology and AI-related shares pressured JPMorgan and other large banks despite JPMorgan’s strong recent earnings and new QIA mandate. Bank Stocks Tumble as New AI Fears Surface
• Negative Sentiment: Credit-card delinquencies and charge-offs rose sequentially in August. Although losses remained below year-ago levels, the increase raised concerns about gradual consumer deterioration and potential future credit costs for card issuers, including JPMorgan. U.S. Card Issuers’ Delinquencies and Net Charge-Offs Rise

Insider Activity

In related news, insider Robin Leopold sold 2,500 shares of the firm's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, the insider directly owned 71,047 shares in the company, valued at $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Robert W. Baird upped their price target on JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a "neutral" rating in a research note on Wednesday, July 15th. Evercore restated an "outperform" rating and set a $360.00 price objective on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Bank of America boosted their price objective on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, July 16th. Weiss Ratings upgraded shares of JPMorgan Chase & Co. from a "buy (b)" rating to a "buy (b+)" rating in a report on Wednesday, September 2nd. Finally, Zacks Research cut shares of JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. Sixteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $359.96.

JPMorgan Chase & Co. Price Performance

Shares of JPM opened at $340.27 on Wednesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a 50 day simple moving average of $354.02 and a 200 day simple moving average of $324.69. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50. The firm has a market capitalization of $904.52 billion, a PE ratio of 14.58, a P/E/G ratio of 1.45 and a beta of 0.98.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The firm had revenue of $58.02 billion for the quarter, compared to the consensus estimate of $50.72 billion. During the same period last year, the company posted $4.96 EPS. The business's quarterly revenue was up 27.7% on a year-over-year basis. Sell-side analysts predict that JPMorgan Chase & Co. will post 24.3 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Tuesday, October 6th will be given a dividend of $1.65 per share. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. This represents a $6.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, October 6th. JPMorgan Chase & Co.'s payout ratio is currently 25.71%.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, payments, investment banking, asset management and wealth management services to consumers, businesses, institutional clients and governments.

The company operates through four primary business areas: Consumer & Community Banking; Commercial & Investment Banking; Asset & Wealth Management; and Corporate. Its offerings include deposit accounts, credit cards, mortgages, auto loans, business banking, commercial lending, treasury services, investment banking, securities trading, investment management and private banking.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across numerous international markets.

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