Endurance Wealth Management Inc. reduced its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 137,308 shares of the financial services provider’s stock after selling 2,425 shares during the quarter. JPMorgan Chase & Co. accounts for 2.2% of Endurance Wealth Management Inc.’s portfolio, making the stock its 8th largest position. Endurance Wealth Management Inc.’s holdings in JPMorgan Chase & Co. were worth $13,114,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Private Vista LLC bought a new position in JPMorgan Chase & Co. during the 2nd quarter valued at $102,000. Atlantic Trust LLC bought a new position in JPMorgan Chase & Co. during the 2nd quarter valued at $136,000. Northwest Investment Counselors LLC bought a new position in JPMorgan Chase & Co. during the 2nd quarter valued at $165,000. Capital Advisors Ltd. LLC boosted its stake in JPMorgan Chase & Co. by 53.0% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,935 shares of the financial services provider’s stock valued at $177,000 after purchasing an additional 670 shares in the last quarter. Finally, Tortoise Investment Management LLC boosted its stake in JPMorgan Chase & Co. by 59.5% during the 2nd quarter. Tortoise Investment Management LLC now owns 1,959 shares of the financial services provider’s stock valued at $179,000 after purchasing an additional 731 shares in the last quarter. Hedge funds and other institutional investors own 73.75% of the company’s stock.

A number of brokerages have issued reports on JPM. Jefferies Group set a $111.00 price target on JPMorgan Chase & Co. and gave the company a “buy” rating in a research note on Friday, October 13th. Vetr raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $93.14 price target for the company in a research note on Wednesday, September 6th. BMO Capital Markets increased their price target on JPMorgan Chase & Co. from $86.00 to $91.00 and gave the company a “market perform” rating in a research note on Friday, October 13th. Buckingham Research raised JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a research note on Thursday. Finally, Robert W. Baird increased their price target on JPMorgan Chase & Co. from $88.00 to $92.00 and gave the company a “neutral” rating in a research note on Friday, October 13th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seventeen have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $92.35.

Shares of JPMorgan Chase & Co. (JPM) opened at $107.45 on Monday. The firm has a market capitalization of $372,820.00, a price-to-earnings ratio of 15.42, a PEG ratio of 2.34 and a beta of 1.22. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.03 and a current ratio of 1.03. JPMorgan Chase & Co. has a one year low of $81.64 and a one year high of $108.46.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.09. The business had revenue of $25.33 billion during the quarter, compared to analyst estimates of $24.91 billion. JPMorgan Chase & Co. had a return on equity of 11.68% and a net margin of 24.08%. The company’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the company posted $1.58 EPS. research analysts anticipate that JPMorgan Chase & Co. will post 6.93 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th will be given a $0.56 dividend. The ex-dividend date is Thursday, January 4th. This represents a $2.24 annualized dividend and a dividend yield of 2.08%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 32.14%.

In other news, General Counsel Stacey Friedman sold 2,099 shares of the firm’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $101.96, for a total value of $214,014.04. Following the completion of the sale, the general counsel now owns 15,279 shares of the company’s stock, valued at $1,557,846.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.88% of the company’s stock.

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About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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

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