JPMorgan Chase & Co. (NYSE:JPM) is International Assets Investment Management LLC's Largest Position

International Assets Investment Management LLC lessened its holdings in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 82.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,582,078 shares of the financial services provider's stock after selling 7,372,146 shares during the quarter. JPMorgan Chase & Co. comprises approximately 17.3% of International Assets Investment Management LLC's investment portfolio, making the stock its largest holding. International Assets Investment Management LLC owned 0.06% of JPMorgan Chase & Co. worth $379,240,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Chase & Co. by 7.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,450,775 shares of the financial services provider's stock valued at $938,491,000 after purchasing an additional 319,730 shares in the last quarter. Sageworth Trust Co increased its holdings in JPMorgan Chase & Co. by 37.9% in the third quarter. Sageworth Trust Co now owns 2,860 shares of the financial services provider's stock valued at $603,000 after buying an additional 786 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of JPMorgan Chase & Co. by 2.5% in the third quarter. Kingsview Wealth Management LLC now owns 118,095 shares of the financial services provider's stock worth $24,902,000 after acquiring an additional 2,839 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of JPMorgan Chase & Co. by 16.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 692,809 shares of the financial services provider's stock worth $143,594,000 after acquiring an additional 95,461 shares in the last quarter. Finally, Zions Bancorporation N.A. grew its position in shares of JPMorgan Chase & Co. by 2.5% during the 3rd quarter. Zions Bancorporation N.A. now owns 11,157 shares of the financial services provider's stock valued at $2,353,000 after acquiring an additional 267 shares during the period. 71.55% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Trading Down 0.1 %

Shares of NYSE JPM traded down $0.14 during trading on Wednesday, hitting $243.03. 8,671,845 shares of the company were exchanged, compared to its average volume of 9,210,940. The firm has a market capitalization of $684.21 billion, a PE ratio of 13.52, a P/E/G ratio of 3.54 and a beta of 1.11. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.89 and a current ratio of 0.89. The company has a fifty day moving average price of $240.46 and a 200-day moving average price of $221.95. JPMorgan Chase & Co. has a 12-month low of $164.30 and a 12-month high of $254.31.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its earnings results on Friday, October 11th. The financial services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.02 by $0.35. The company had revenue of $43.32 billion during the quarter, compared to analysts' expectations of $41.43 billion. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The firm's quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $4.33 earnings per share. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 17.62 EPS for the current year.

JPMorgan Chase & Co. Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 6th will be issued a $1.25 dividend. The ex-dividend date is Monday, January 6th. This represents a $5.00 annualized dividend and a yield of 2.06%. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 27.82%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on JPM shares. Morgan Stanley cut JPMorgan Chase & Co. from an "overweight" rating to an "equal weight" rating and upped their price target for the stock from $220.00 to $224.00 in a report on Monday, September 30th. Daiwa Capital Markets cut their price objective on JPMorgan Chase & Co. from $240.00 to $235.00 and set an "overweight" rating for the company in a research report on Thursday, October 10th. Citigroup increased their target price on JPMorgan Chase & Co. from $215.00 to $250.00 and gave the company a "neutral" rating in a research report on Tuesday, November 19th. Wells Fargo & Company boosted their price target on shares of JPMorgan Chase & Co. from $240.00 to $270.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Finally, Royal Bank of Canada upped their price objective on shares of JPMorgan Chase & Co. from $211.00 to $230.00 and gave the stock an "outperform" rating in a research report on Monday, October 14th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $245.83.

About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.