JPMorgan Chase & Co. (NYSE:JPM) Shares Sold by Little House Capital LLC

Little House Capital LLC lowered its position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 14.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,178 shares of the financial services provider's stock after selling 5,450 shares during the period. JPMorgan Chase & Co. comprises approximately 2.0% of Little House Capital LLC's investment portfolio, making the stock its 13th biggest position. Little House Capital LLC's holdings in JPMorgan Chase & Co. were worth $6,996,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Retirement Group LLC increased its holdings in JPMorgan Chase & Co. by 227.1% in the 1st quarter. Retirement Group LLC now owns 157 shares of the financial services provider's stock worth $31,000 after acquiring an additional 109 shares in the last quarter. Fairway Wealth LLC purchased a new stake in shares of JPMorgan Chase & Co. during the second quarter worth about $32,000. Richardson Capital Management LLC acquired a new position in shares of JPMorgan Chase & Co. during the 1st quarter worth about $34,000. Anfield Capital Management LLC acquired a new position in shares of JPMorgan Chase & Co. during the 2nd quarter worth about $34,000. Finally, Davidson Capital Management Inc. purchased a new position in JPMorgan Chase & Co. in the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 71.55% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on JPM shares. Wolfe Research cut JPMorgan Chase & Co. from an "outperform" rating to a "peer perform" rating in a report on Monday, July 8th. Royal Bank of Canada increased their price objective on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the company an "outperform" rating in a research note on Monday, October 14th. StockNews.com raised shares of JPMorgan Chase & Co. from a "sell" rating to a "hold" rating in a research note on Saturday, July 13th. Oppenheimer reduced their target price on shares of JPMorgan Chase & Co. from $234.00 to $232.00 and set an "outperform" rating for the company in a research report on Monday, October 14th. Finally, Morgan Stanley downgraded shares of JPMorgan Chase & Co. from an "overweight" rating to an "equal weight" rating and raised their price target for the stock from $220.00 to $224.00 in a research note on Monday, September 30th. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $217.94.

JPMorgan Chase & Co. Trading Up 0.2 %

NYSE:JPM traded up $0.42 on Wednesday, reaching $224.54. The company's stock had a trading volume of 739,037 shares, compared to its average volume of 9,057,391. JPMorgan Chase & Co. has a 12-month low of $135.19 and a 12-month high of $225.92. The stock has a 50 day moving average price of $214.69 and a 200 day moving average price of $204.96. The firm has a market cap of $644.80 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 3.28 and a beta of 1.11. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.24.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Friday, October 11th. The financial services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.02 by $0.35. The firm had revenue of $43.32 billion for the quarter, compared to analyst estimates of $41.43 billion. JPMorgan Chase & Co. had a net margin of 20.32% and a return on equity of 17.26%. JPMorgan Chase & Co.'s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm earned $4.33 EPS. On average, equities analysts anticipate that JPMorgan Chase & Co. will post 16.75 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, October 4th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, October 4th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.23%. This is a boost from JPMorgan Chase & Co.'s previous quarterly dividend of $1.15. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 27.89%.

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.