Gilman Hill Asset Management LLC increased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 15.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,712 shares of the financial services provider’s stock after acquiring an additional 625 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in JPMorgan Chase & Co. were worth $454,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. NuWave Investment Management LLC purchased a new stake in JPMorgan Chase & Co. during the second quarter worth approximately $30,000. Laidlaw Wealth Management LLC lifted its stake in JPMorgan Chase & Co. by 20,306.8% during the second quarter. Laidlaw Wealth Management LLC now owns 2,810,830 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 2,797,056 shares during the last quarter. Provident Wealth Management LLC purchased a new stake in JPMorgan Chase & Co. during the third quarter worth approximately $34,000. FAI Wealth Management lifted its stake in JPMorgan Chase & Co. by 317.0% during the second quarter. FAI Wealth Management now owns 417 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 317 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC lifted its stake in JPMorgan Chase & Co. by 18.3% during the second quarter. Bay Harbor Wealth Management LLC now owns 692 shares of the financial services provider’s stock worth $65,000 after purchasing an additional 107 shares during the last quarter. Hedge funds and other institutional investors own 69.35% of the company’s stock.

A number of equities research analysts have weighed in on JPM shares. Atlantic Securities upgraded JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating and set a $120.00 price objective for the company in a research note on Wednesday, July 22nd. Wolfe Research upgraded JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $113.00 price objective for the company in a research note on Thursday, July 9th. DA Davidson upgraded JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $102.00 to $117.00 in a research note on Thursday, July 9th. Berenberg Bank boosted their price objective on JPMorgan Chase & Co. from $77.00 to $80.00 and gave the company a “sell” rating in a research note on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and boosted their price objective for the company from $105.00 to $115.00 in a research note on Thursday, September 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. JPMorgan Chase & Co. currently has a consensus rating of “Buy” and an average price target of $111.59.

JPM stock traded down $0.21 on Friday, reaching $101.51. 13,276,397 shares of the company’s stock were exchanged, compared to its average volume of 20,525,127. The stock has a fifty day moving average of $99.36 and a 200-day moving average of $96.79. JPMorgan Chase & Co. has a twelve month low of $76.91 and a twelve month high of $141.10. The firm has a market cap of $309.36 billion, a PE ratio of 13.27, a P/E/G ratio of 3.16 and a beta of 1.15. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.35.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Monday, October 19th. The financial services provider reported $2.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.23 by $0.69. JPMorgan Chase & Co. had a return on equity of 10.75% and a net margin of 18.16%. The firm had revenue of $29.90 billion for the quarter, compared to analyst estimates of $28.20 billion. During the same quarter in the prior year, the company posted $2.68 earnings per share. JPMorgan Chase & Co.’s quarterly revenue was up 4.0% on a year-over-year basis. On average, equities research analysts predict that JPMorgan Chase & Co. will post 6.48 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date is Monday, October 5th. JPMorgan Chase & Co.’s dividend payout ratio is presently 34.35%.

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 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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