Vivaldi Capital Management LLC grew its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 5.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 34,104 shares of the financial services provider’s stock after acquiring an additional 1,792 shares during the period. JPMorgan Chase & Co. comprises 1.0% of Vivaldi Capital Management LLC’s holdings, making the stock its 24th largest holding. Vivaldi Capital Management LLC’s holdings in JPMorgan Chase & Co. were worth $3,813,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Personal Wealth Partners bought a new stake in JPMorgan Chase & Co. in the second quarter worth about $28,000. MRA Associates USA LLC purchased a new position in shares of JPMorgan Chase & Co. in the second quarter valued at $30,000. Global Trust Asset Management LLC grew its holdings in shares of JPMorgan Chase & Co. by 2,027.2% in the second quarter. Global Trust Asset Management LLC now owns 5,318 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 5,068 shares in the last quarter. Titan Capital Management LLC CA purchased a new position in shares of JPMorgan Chase & Co. in the second quarter valued at $35,000. Finally, Smart Portfolios LLC grew its holdings in shares of JPMorgan Chase & Co. by 29.6% in the fourth quarter. Smart Portfolios LLC now owns 499 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 114 shares in the last quarter. 71.89% of the stock is owned by hedge funds and other institutional investors.

JPM traded up $0.34 during trading on Friday, reaching $119.72. 9,927,547 shares of the company traded hands, compared to its average volume of 10,653,990. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.97 and a current ratio of 0.97. JPMorgan Chase & Co. has a 12-month low of $91.11 and a 12-month high of $120.40. The firm has a fifty day simple moving average of $111.17 and a 200 day simple moving average of $110.13. The company has a market cap of $379.13 billion, a P/E ratio of 13.30, a PEG ratio of 1.71 and a beta of 1.19.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $2.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.50 by $0.32. The firm had revenue of $28.83 billion during the quarter, compared to the consensus estimate of $28.52 billion. JPMorgan Chase & Co. had a return on equity of 14.40% and a net margin of 24.73%. The firm’s revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.29 EPS. As a group, sell-side analysts expect that JPMorgan Chase & Co. will post 9.88 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 4th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 3.01%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $0.80. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 35.56%.

In other news, insider Lori A. Beer sold 13,341 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $114.28, for a total transaction of $1,524,609.48. Following the sale, the insider now owns 10,130 shares of the company’s stock, valued at approximately $1,157,656.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Peter Scher sold 10,816 shares of the firm’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $115.00, for a total value of $1,243,840.00. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by company insiders.

A number of equities research analysts have issued reports on the company. DZ Bank reaffirmed a “hold” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, August 21st. Morgan Stanley set a $122.00 price objective on JPMorgan Chase & Co. and gave the company a “buy” rating in a research report on Friday, August 9th. ValuEngine upgraded JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research report on Wednesday, September 4th. Buckingham Research downgraded JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and set a $122.00 price objective for the company. in a research report on Monday. They noted that the move was a valuation call. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $120.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 16th. Thirteen analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $121.94.

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 and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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

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