JPMorgan Chase & Co.’s (JPM) “Neutral” Rating Reiterated at DZ Bank

JPMorgan Chase & Co. (NYSE:JPM)‘s stock had its “neutral” rating reaffirmed by research analysts at DZ Bank in a research report issued on Wednesday,MarketScreener reports.

Several other brokerages have also recently issued reports on JPM. Robert W. Baird set a $280.00 price objective on JPMorgan Chase & Co. in a research note on Wednesday. Zacks Research downgraded JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Cowen restated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, January 7th. Truist Financial set a $334.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday. Finally, KGI Securities raised their target price on JPMorgan Chase & Co. from $300.00 to $315.00 and gave the company a “hold” rating in a research report on Wednesday, October 15th. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $336.32.

JPMorgan Chase & Co. Trading Up 0.5%

Shares of JPMorgan Chase & Co. stock traded up $1.45 during trading on Wednesday, hitting $309.32. The stock had a trading volume of 14,740,119 shares, compared to its average volume of 12,761,427. JPMorgan Chase & Co. has a 12 month low of $202.16 and a 12 month high of $337.25. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.85 and a quick ratio of 0.86. The stock has a market cap of $842.05 billion, a PE ratio of 15.46, a PEG ratio of 1.52 and a beta of 1.07. The firm’s fifty day simple moving average is $315.52 and its 200-day simple moving average is $305.01.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share for the quarter, topping analysts’ consensus estimates of $4.93 by $0.30. The business had revenue of $46.77 billion for the quarter, compared to analyst estimates of $45.98 billion. JPMorgan Chase & Co. had a return on equity of 17.16% and a net margin of 20.35%.The business’s revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the firm posted $4.81 earnings per share. As a group, sell-side analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 966 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $311.92, for a total transaction of $301,314.72. Following the completion of the transaction, the insider owned 58,479 shares of the company’s stock, valued at $18,240,769.68. This trade represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.47% of the company’s stock.

Hedge Funds Weigh In On JPMorgan Chase & Co.

Hedge funds have recently bought and sold shares of the company. Harbor Asset Planning Inc. acquired a new position in JPMorgan Chase & Co. in the second quarter valued at $26,000. Mizuho Securities Co. Ltd. increased its position in JPMorgan Chase & Co. by 450.0% in the 2nd quarter. Mizuho Securities Co. Ltd. now owns 110 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 90 shares during the period. Mountain Hill Investment Partners Corp. purchased a new stake in JPMorgan Chase & Co. during the 3rd quarter valued at approximately $32,000. Family Legacy Financial Solutions LLC raised its stake in JPMorgan Chase & Co. by 92.6% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 50 shares during the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in JPMorgan Chase & Co. during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. News Roundup

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Q4 results beat consensus (EPS and revenue beats), supporting underlying earnings momentum and revenue growth. JPMorgan Chase (JPM) Stock: Wall Street Dumps Shares Despite Earnings Win
• Positive Sentiment: Wall Street banks pushed record totals in dividends and buybacks, a tailwind for JPM shareholder returns and valuation support. Wall Street Banks Pay Out Record Total in Dividends and Buybacks
• Positive Sentiment: JPMorgan is investing in algo/electronic trading by creating a new quantitative trading and research unit — a move that could boost trading margins over time. JPMorgan Forms New Quant Unit As Electronic Trading Rivalry Intensifies
• Positive Sentiment: An institutional fund (Mn Services) added to its JPM position in the latest 13F filing — a small but constructive sign of demand from a large investor. Fund Update: Mn Services Vermogensbeheer B.V. Just Disclosed New Holdings
• Neutral Sentiment: CEO Jamie Dimon said he plans to stay “at least” five more years — a leadership-stability signal, though his spokesperson called it a joke. JPMorgan CEO Jamie Dimon says he wants to stay in job at least 5 more years
• Neutral Sentiment: Some analysts reiterated Buy ratings and raised targets after the quarter, providing research support that can limit downside. Reiterating JPMorgan Buy: Solid Fundamentals…
• Negative Sentiment: Bank shares initially sold off after earnings — investors punished the sector on valuation concerns and worry that upside was already priced in. That earlier weakness remains a volatility risk. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem?
• Negative Sentiment: Political risk: proposals to cap credit-card interest rates (widely reported) are a direct overhang on JPM’s card business and were explicitly called out by bank executives as potentially damaging to margins. Under threat from Trump, Wall Street banks wager they can fend off credit card price controls

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.