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Ninety One UK Ltd Sells 346,852 Shares of JPMorgan Chase & Co. $JPM

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Ninety One UK Ltd decreased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 14.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,021,611 shares of the financial services provider's stock after selling 346,852 shares during the period. JPMorgan Chase & Co. comprises about 1.4% of Ninety One UK Ltd's holdings, making the stock its 20th largest holding. Ninety One UK Ltd owned about 0.07% of JPMorgan Chase & Co. worth $651,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in JPM. Danske Bank A S bought a new position in JPMorgan Chase & Co. in the 3rd quarter valued at approximately $696,885,000. Holocene Advisors LP increased its position in JPMorgan Chase & Co. by 1,033.3% in the 3rd quarter. Holocene Advisors LP now owns 2,155,120 shares of the financial services provider's stock valued at $679,790,000 after acquiring an additional 1,964,958 shares during the period. Viking Global Investors LP increased its position in JPMorgan Chase & Co. by 86.1% in the 2nd quarter. Viking Global Investors LP now owns 4,042,034 shares of the financial services provider's stock valued at $1,171,826,000 after acquiring an additional 1,870,386 shares during the period. California Public Employees Retirement System increased its position in JPMorgan Chase & Co. by 19.6% in the 3rd quarter. California Public Employees Retirement System now owns 6,615,749 shares of the financial services provider's stock valued at $2,086,806,000 after acquiring an additional 1,082,913 shares during the period. Finally, Legal & General Group Plc increased its position in JPMorgan Chase & Co. by 3.3% in the 3rd quarter. Legal & General Group Plc now owns 18,908,978 shares of the financial services provider's stock valued at $5,964,459,000 after acquiring an additional 607,025 shares during the period. Institutional investors own 71.55% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on JPM shares. Robert W. Baird set a $295.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, April 15th. Evercore upped their price target 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. Jefferies Financial Group upped their price target on shares of JPMorgan Chase & Co. from $310.00 to $320.00 and gave the company a "hold" rating in a research report on Wednesday, April 15th. CICC Research started coverage on shares of JPMorgan Chase & Co. in a research report on Wednesday, January 14th. They issued an "outperform" rating and a $355.00 price target for the company. Finally, Daiwa Securities Group decreased their price target on shares of JPMorgan Chase & Co. from $340.00 to $328.00 and set an "outperform" rating for the company in a research report on Tuesday, April 7th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat, JPMorgan Chase & Co. has a consensus rating of "Moderate Buy" and an average target price of $336.16.

View Our Latest Analysis on JPM

Insider Activity at JPMorgan Chase & Co.

In other news, COO Jennifer Piepszak sold 9,136 shares of the 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 sale, the chief operating officer directly owned 90,001 shares in the company, valued at $27,590,706.56. This represents a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 5,611 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $306.55, for a total transaction of $1,720,052.05. Following the transaction, the chief financial officer directly owned 35,460 shares in the company, valued at approximately $10,870,263. This represents a 13.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,908 shares of company stock valued at $22,065,882 over the last 90 days. 0.41% of the stock is owned by company insiders.

Key JPMorgan Chase & Co. News

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

  • Positive Sentiment: JPMorgan is part of a $6 billion financing syndicate for prospective buyers of a stake in Kuwait Petroleum Corporation’s crude pipeline network — a meaningful investment-banking/loan fee opportunity and a sign of continued corporate and sovereign deal flow in the bank’s pipeline. Exclusive: JPMorgan among banks providing financing for Kuwaiti oil pipeline stake deal
  • Positive Sentiment: JPMorgan announced a partnership with ACI Worldwide to embed its Kinexys Liink Confirm payee/account verification into ACI’s fraud solution — expands JPM’s payments product footprint and could reduce fraud losses while boosting transaction/service revenue. JPMorgan and ACI Team to Combat Real-Time Payment Fraud
  • Positive Sentiment: Recent fundamentals remain supportive: JPMorgan’s April quarter beat on EPS and revenue, with solid margins and ROE — a reminder that core earnings and fee businesses remain robust (background earnings release).
  • Neutral Sentiment: CEO Jamie Dimon will present at the Bernstein Strategic Decisions Conference on May 27 — provides management access and the chance to reinforce strategy, but not an immediate earnings driver. JPMorganChase to Present at the Bernstein Strategic Decisions Conference
  • Neutral Sentiment: JPMorgan research is urging investors to “buy the dips” amid record markets and suggests lower rate expectations later this year — a bullish market-structure view that can support trading and wealth management flows but is macro-driven. Why JPMorgan is telling investors to keep buying the dips even as market hits new highs
  • Neutral Sentiment: JPMorgan is among banks recommending energy-linked currency trades as the US‑Iran conflict reshapes oil markets — highlights the bank’s FX/markets franchise activity, but this is market-research driven rather than a direct earnings surprise. Deutsche, JPMorgan Favor Energy-Linked Currencies Amid Iran War
  • Neutral Sentiment: JPMorgan strategists note that AI-related cash flow growth is outpacing capex in the tech sector — a research datapoint that supports sector positioning and trading flows but is indirect for JPM’s own fundamentals. AI funding pressures ease as cash flow growth outpaces spending: JPMorgan
  • Negative Sentiment: Media commentary (e.g., Jim Cramer) criticized JPMorgan’s investor presentation as underwhelming compared with peers — could weigh on investor perception of messaging and near-term sentiment if echoed by other commentators. Jim Cramer Shares Why JPMorgan’s (JPM) Conference Wasn’t Great

JPMorgan Chase & Co. Trading Up 1.1%

JPM opened at $311.74 on Tuesday. JPMorgan Chase & Co. has a twelve month low of $238.43 and a twelve month high of $337.25. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 1.30. The company has a fifty day moving average of $298.97 and a 200-day moving average of $306.89. The stock has a market cap of $836.16 billion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 1.51 and a beta of 1.05.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The financial services provider reported $5.94 earnings per share for the quarter, topping the consensus estimate 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 period in the prior year, the company posted $5.07 earnings per share. JPMorgan Chase & Co.'s revenue for the quarter was up 10.0% compared to the same quarter last year. On average, sell-side analysts predict that JPMorgan Chase & Co. will post 22.34 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Monday, April 6th will be given a dividend of $1.50 per share. The ex-dividend date is Monday, April 6th. This represents a $6.00 annualized dividend and a dividend yield of 1.9%. JPMorgan Chase & Co.'s dividend payout ratio is 28.74%.

JPMorgan Chase & Co. Company Profile

(Free Report)

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.

Read More

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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