OneDigital Investment Advisors LLC Has $37.90 Million Stock Position in JPMorgan Chase & Co. $JPM

OneDigital Investment Advisors LLC boosted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 6.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,785 shares of the financial services provider's stock after buying an additional 7,278 shares during the quarter. OneDigital Investment Advisors LLC's holdings in JPMorgan Chase & Co. were worth $37,900,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Plato Investment Management Ltd raised its stake in JPMorgan Chase & Co. by 1.7% during the second quarter. Plato Investment Management Ltd now owns 62,447 shares of the financial services provider's stock worth $20,322,000 after acquiring an additional 1,036 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in shares of JPMorgan Chase & Co. by 14.0% during the 2nd quarter. Hexagon Capital Partners LLC now owns 7,528 shares of the financial services provider's stock valued at $2,464,000 after acquiring an additional 922 shares in the last quarter. Prospect Financial Group LLC grew its position in JPMorgan Chase & Co. by 5.6% during the 2nd quarter. Prospect Financial Group LLC now owns 2,725 shares of the financial services provider's stock worth $892,000 after acquiring an additional 144 shares during the last quarter. Roman Butler Fullerton & Co. increased its holdings in JPMorgan Chase & Co. by 0.4% in the 2nd quarter. Roman Butler Fullerton & Co. now owns 11,708 shares of the financial services provider's stock worth $3,917,000 after purchasing an additional 45 shares in the last quarter. Finally, Simplicity Wealth LLC boosted its stake in shares of JPMorgan Chase & Co. by 38.9% during the second quarter. Simplicity Wealth LLC now owns 49,181 shares of the financial services provider's stock valued at $16,098,000 after purchasing an additional 13,781 shares in the last quarter. Institutional investors own 71.55% of the company's stock.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the company's stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the transaction, the insider owned 71,047 shares in the company, valued at approximately $25,066,092.07. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel directly owned 40,961 shares of the company's stock, valued at approximately $13,547,031.53. This trade represents a 11.78% 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 sold a total of 10,467 shares of company stock worth $3,593,651 over the last three months. 0.41% of the stock is owned by insiders.

JPMorgan Chase & Co. Stock Performance

Shares of JPM opened at $356.77 on Friday. JPMorgan Chase & Co. has a one year low of $279.10 and a one year high of $366.50. The company has a market cap of $948.37 billion, a PE ratio of 15.29, a P/E/G ratio of 1.47 and a beta of 0.98. The stock has a 50-day moving average of $352.26 and a 200-day moving average of $322.11. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.85.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The business had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. During the same quarter in the previous year, the business earned $4.96 EPS. The company's quarterly revenue was up 27.7% on a year-over-year basis. On average, equities research analysts predict that JPMorgan Chase & Co. will post 24.3 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Keefe, Bruyette & Woods increased their price objective on JPMorgan Chase & Co. from $370.00 to $384.00 and gave the company an "outperform" rating in a report on Wednesday, July 15th. Jefferies Financial Group set a $350.00 price objective on JPMorgan Chase & Co. in a research report on Tuesday, July 14th. Evercore reiterated an "outperform" rating and issued a $360.00 target price on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Royal Bank Of Canada raised their price target on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an "outperform" rating in a report on Wednesday, July 15th. Finally, Wells Fargo & Company boosted their price target on shares of JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an "overweight" rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat, JPMorgan Chase & Co. currently has a consensus rating of "Moderate Buy" and a consensus target price of $359.96.

Key JPMorgan Chase & Co. News

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

• Positive Sentiment: JPMorgan’s profitability and capital-return capacity remain major supports. Recent coverage highlighted approximately $16.9 billion in quarterly profit, with dividends consuming only a portion of earnings, leaving room for reinvestment, buybacks and future distributions. JPMorgan earnings and dividend coverage
• Positive Sentiment: The bank is expanding its European corporate-banking operations, including a reported 25% staffing increase and a push into Greece. The strategy could create additional lending, payments, investment-banking and cross-selling revenue over time. JPMorgan Greece expansion
• Positive Sentiment: Wall Street sentiment remains constructive, with JPMorgan described as a well-capitalized bank trading at an attractive valuation relative to its earnings, scale and exposure to investment banking, asset management and higher interest rates. The average analyst rating is “Moderate Buy.” JPMorgan analyst sentiment
• Neutral Sentiment: Insider Robin Leopold sold 2,500 shares for approximately $882,000 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced her direct holdings by 3.4%, but its planned nature makes it a limited signal about management’s outlook. JPMorgan insider transaction
• Negative Sentiment: JPMorgan strategists warned that the equity risk premium has fallen to its lowest level since 2002. The unusually narrow compensation for owning stocks instead of bonds could limit broad market upside and increase sensitivity to disappointing economic or earnings news. JPMorgan equity risk premium warning
• Negative Sentiment: The bank’s decision to contest pressure from the Trump administration may protect its independence but could bring additional litigation, regulatory and political costs. JPMorgan political and legal risks

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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