Sculptor Capital LP Has $98.36 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Sculptor Capital LP decreased its position in JPMorgan Chase & Co. (NYSE:JPM) by 9.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 486,300 shares of the financial services provider’s stock after selling 50,000 shares during the quarter. JPMorgan Chase & Co. makes up 1.9% of Sculptor Capital LP’s portfolio, making the stock its 10th biggest holding. Sculptor Capital LP’s holdings in JPMorgan Chase & Co. were worth $98,359,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JPM. Gilbert & Cook Inc. increased its stake in shares of JPMorgan Chase & Co. by 1.5% in the 4th quarter. Gilbert & Cook Inc. now owns 11,360 shares of the financial services provider’s stock worth $1,932,000 after purchasing an additional 164 shares in the last quarter. Aveo Capital Partners LLC lifted its holdings in JPMorgan Chase & Co. by 13.0% during the fourth quarter. Aveo Capital Partners LLC now owns 5,151 shares of the financial services provider’s stock valued at $876,000 after purchasing an additional 591 shares in the last quarter. Gryphon Financial Partners LLC lifted its holdings in JPMorgan Chase & Co. by 66.9% during the fourth quarter. Gryphon Financial Partners LLC now owns 25,004 shares of the financial services provider’s stock valued at $4,238,000 after purchasing an additional 10,025 shares in the last quarter. Relative Value Partners Group LLC boosted its position in shares of JPMorgan Chase & Co. by 3.2% in the fourth quarter. Relative Value Partners Group LLC now owns 10,385 shares of the financial services provider’s stock worth $1,766,000 after purchasing an additional 324 shares during the period. Finally, BlueSky Wealth Advisors LLC increased its stake in shares of JPMorgan Chase & Co. by 3.2% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 3,756 shares of the financial services provider’s stock worth $639,000 after purchasing an additional 117 shares in the last quarter. 71.55% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Chase & Co. Stock Up 0.3 %

Shares of JPM opened at $210.40 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.24. The business has a fifty day moving average of $211.47 and a 200 day moving average of $202.41. The company has a market cap of $598.62 billion, a PE ratio of 11.73, a P/E/G ratio of 2.39 and a beta of 1.12. JPMorgan Chase & Co. has a 52-week low of $135.19 and a 52-week high of $225.48.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Friday, July 12th. The financial services provider reported $6.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.19 by $1.93. The business had revenue of $50.80 billion during the quarter, compared to the consensus estimate of $42.23 billion. JPMorgan Chase & Co. had a net margin of 20.32% and a return on equity of 17.26%. During the same quarter last year, the firm earned $4.37 earnings per share. On average, sell-side analysts expect that JPMorgan Chase & Co. will post 16.72 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, October 4th will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, October 4th. This represents a $5.00 dividend on an annualized basis and a yield of 2.38%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.15. JPMorgan Chase & Co.’s payout ratio is presently 25.66%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Keefe, Bruyette & Woods upped their target price on shares of JPMorgan Chase & Co. from $209.00 to $211.00 and gave the stock a “market perform” rating in a report on Tuesday, July 9th. Morgan Stanley cut their price objective on shares of JPMorgan Chase & Co. from $226.00 to $220.00 and set an “overweight” rating for the company in a report on Thursday, September 12th. Oppenheimer lifted their price objective on shares of JPMorgan Chase & Co. from $215.00 to $221.00 and gave the company an “outperform” rating in a research report on Monday, July 15th. Citigroup upped their target price on shares of JPMorgan Chase & Co. from $205.00 to $215.00 and gave the stock a “neutral” rating in a research report on Monday, July 15th. Finally, BMO Capital Markets lifted their price target on shares of JPMorgan Chase & Co. from $195.00 to $205.00 and gave the company a “market perform” rating in a report on Thursday, July 11th. Eight equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $211.06.

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, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.