Anderson Hoagland & Co. decreased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 68,864 shares of the financial services provider’s stock after selling 461 shares during the quarter. JPMorgan Chase & Co. makes up 4.6% of Anderson Hoagland & Co.’s investment portfolio, making the stock its 5th largest position. Anderson Hoagland & Co.’s holdings in JPMorgan Chase & Co. were worth $7,565,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of JPM. Nuveen Asset Management LLC lifted its holdings in JPMorgan Chase & Co. by 2,432.9% during the 2nd quarter. Nuveen Asset Management LLC now owns 23,689,599 shares of the financial services provider’s stock worth $2,648,497,000 after purchasing an additional 22,754,332 shares in the last quarter. Invesco Ltd. lifted its holdings in JPMorgan Chase & Co. by 39.8% during the 2nd quarter. Invesco Ltd. now owns 23,689,706 shares of the financial services provider’s stock worth $2,648,509,000 after purchasing an additional 6,745,215 shares in the last quarter. Thoroughbred Financial Services LLC lifted its holdings in JPMorgan Chase & Co. by 11,601.0% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,973,970 shares of the financial services provider’s stock worth $497,397,000 after purchasing an additional 4,931,461 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in JPMorgan Chase & Co. during the 2nd quarter worth about $331,575,000. Finally, Amundi Pioneer Asset Management Inc. lifted its holdings in JPMorgan Chase & Co. by 43.3% during the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 7,563,083 shares of the financial services provider’s stock worth $845,552,000 after purchasing an additional 2,283,575 shares in the last quarter. Institutional investors own 71.89% of the company’s stock.

Shares of NYSE:JPM traded up $0.81 on Wednesday, hitting $112.63. The company’s stock had a trading volume of 6,324,606 shares, compared to its average volume of 12,217,213. The company has a 50-day simple moving average of $113.82 and a 200 day simple moving average of $111.30. JPMorgan Chase & Co. has a 1 year low of $91.11 and a 1 year high of $120.40. The company has a market capitalization of $366.50 billion, a PE ratio of 12.51, a PEG ratio of 1.66 and a beta of 1.20. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.97 and a quick ratio of 0.97.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.32. JPMorgan Chase & Co. had a return on equity of 14.40% and a net margin of 24.73%. The firm had revenue of $28.83 billion for the quarter, compared to analysts’ expectations of $28.52 billion. During the same quarter last year, the firm posted $2.29 EPS. The company’s revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts expect that JPMorgan Chase & Co. will post 9.86 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Friday, October 4th will be issued a $0.90 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $3.60 annualized dividend and a dividend yield of 3.20%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $0.80. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 40.00%.

A number of analysts recently issued reports on JPM shares. Buckingham Research cut JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and set a $122.00 price objective on the stock. in a report on Monday, September 16th. They noted that the move was a valuation call. Morgan Stanley set a $122.00 price objective on JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Friday, August 9th. Wells Fargo & Co set a $125.00 price objective on JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Friday, August 16th. DZ Bank reissued a “hold” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, August 21st. Finally, Goldman Sachs Group reissued a “neutral” rating and set a $117.00 price objective on shares of JPMorgan Chase & Co. in a report on Monday, July 22nd. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. JPMorgan Chase & Co. currently has an average rating of “Hold” and an average price target of $122.37.

In other news, insider Lori A. Beer sold 13,341 shares of the 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 transaction, the insider now directly owns 10,130 shares in the company, valued at approximately $1,157,656.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Peter Scher sold 10,816 shares of the stock in a transaction dated Thursday, July 18th. The shares were 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. Company insiders own 0.76% of the company’s stock.

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.

Featured Article: How to Use the New Google Finance Tool

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

Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter.