JPMorgan Chase & Co. (NYSE:JPM) Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC boosted its position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 17.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 184,622 shares of the financial services provider's stock after purchasing an additional 27,503 shares during the period. Segall Bryant & Hamill LLC's holdings in JPMorgan Chase & Co. were worth $38,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in JPM. Mizuho Securities Co. Ltd. bought a new stake in JPMorgan Chase & Co. in the third quarter worth about $25,000. Catalyst Capital Advisors LLC bought a new stake in shares of JPMorgan Chase & Co. during the third quarter valued at approximately $27,000. Fairway Wealth LLC bought a new stake in shares of JPMorgan Chase & Co. during the second quarter valued at approximately $32,000. Anfield Capital Management LLC bought a new stake in shares of JPMorgan Chase & Co. during the second quarter valued at approximately $34,000. Finally, West Financial Advisors LLC bought a new stake in shares of JPMorgan Chase & Co. during the third quarter valued at approximately $37,000. Institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Stock Up 1.5 %

Shares of JPM stock traded up $3.79 during trading hours on Friday, reaching $248.55. 7,997,307 shares of the company's stock were exchanged, compared to its average volume of 9,405,694. The stock's 50 day moving average is $223.14 and its 200-day moving average is $211.90. The company has a market cap of $699.75 billion, a price-to-earnings ratio of 13.83, a P/E/G ratio of 3.55 and a beta of 1.10. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.27. JPMorgan Chase & Co. has a fifty-two week low of $152.71 and a fifty-two week high of $249.15.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings results on Friday, October 11th. The financial services provider reported $4.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.02 by $0.35. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The business had revenue of $43.32 billion for the quarter, compared to the consensus estimate of $41.43 billion. During the same period in the prior year, the firm posted $4.33 earnings per share. The business's quarterly revenue was up 6.5% on a year-over-year basis. Analysts predict that JPMorgan Chase & Co. will post 17.62 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 4th were given a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.01%. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.15. The ex-dividend date was Friday, October 4th. JPMorgan Chase & Co.'s dividend payout ratio is presently 27.82%.

Analyst Ratings Changes

Several analysts have recently weighed in on JPM shares. Robert W. Baird downgraded shares of JPMorgan Chase & Co. from a "neutral" rating to an "underperform" rating and set a $200.00 price target for the company. in a research note on Thursday, November 7th. Oppenheimer downgraded shares of JPMorgan Chase & Co. from an "outperform" rating to a "market perform" rating in a research note on Wednesday. Evercore ISI lifted their price target on shares of JPMorgan Chase & Co. from $217.00 to $230.00 and gave the company an "outperform" rating in a research note on Monday, October 14th. Baird R W lowered shares of JPMorgan Chase & Co. from a "hold" rating to a "strong sell" rating in a report on Thursday, November 7th. Finally, Barclays lifted their price objective on shares of JPMorgan Chase & Co. from $217.00 to $257.00 and gave the company an "overweight" rating in a report on Monday, October 14th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $229.31.

JPMorgan Chase & Co. Company Profile

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.