Today, Taylor Cottrill Erickson & Associates Inc. invests in JPMorgan Chase & Co. (JPM) Shares

Today, Taylor Cottrill Erickson & Associates Inc. invests in JPMorgan Chase & Co. (JPM) Shares

Taylor Cottrill Erickson & Associates Inc. boosted its position in JPMorgan Chase & Co. (NYSE:JPM) by 0.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,219 shares of the financial services provider’s stock after buying an additional 100 shares during the period. Taylor Cottrill Erickson & Associates Inc.’s holdings in JPMorgan Chase & Co. were worth $1,879,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. boosted its position in JPMorgan Chase & Co. by 0.7% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,014 shares of the financial services provider’s stock worth $125,000 after buying an additional 14 shares during the period. Vigilant Capital Management LLC boosted its position in JPMorgan Chase & Co. by 22.1% in the second quarter. Vigilant Capital Management LLC now owns 2,079 shares of the financial services provider’s stock worth $129,000 after buying an additional 376 shares during the period. Perkins Coie Trust Co boosted its position in JPMorgan Chase & Co. by 10.2% in the second quarter. Perkins Coie Trust Co now owns 2,163 shares of the financial services provider’s stock worth $134,000 after buying an additional 200 shares during the period. CT Financial Advisors LLC boosted its position in JPMorgan Chase & Co. by 4.2% in the third quarter. CT Financial Advisors LLC now owns 2,187 shares of the financial services provider’s stock worth $146,000 after buying an additional 89 shares during the period. Finally, Hanson McClain Inc. boosted its position in JPMorgan Chase & Co. by 1.3% in the second quarter. Hanson McClain Inc. now owns 2,384 shares of the financial services provider’s stock worth $148,000 after buying an additional 31 shares during the period. Institutional investors and hedge funds own 72.45% of the company’s stock.

JPMorgan Chase & Co. (NYSE:JPM) traded down 0.65% during trading on Monday, hitting $78.32. The company’s stock had a trading volume of 13,007,242 shares. The firm has a 50 day moving average of $71.99 and a 200 day moving average of $66.51. JPMorgan Chase & Co. has a 12 month low of $52.50 and a 12 month high of $80.44. The firm has a market cap of $280.21 billion, a P/E ratio of 13.51 and a beta of 1.51.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Friday, October 14th. The financial services provider reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.19. The company earned $25.50 billion during the quarter. JPMorgan Chase & Co. had a net margin of 22.92% and a return on equity of 10.47%. JPMorgan Chase & Co.’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.54 earnings per share. Equities research analysts predict that JPMorgan Chase & Co. will post $5.88 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 31st. Stockholders of record on Thursday, October 6th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date was Tuesday, October 4th. JPMorgan Chase & Co.’s payout ratio is 33.10%.

JPM has been the subject of a number of recent research reports. boosted their target price on shares of JPMorgan Chase & Co. from $71.00 to $79.00 and gave the company a “buy” rating in a research report on Friday, September 23rd. Zacks Investment Research raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $75.00 target price for the company in a research report on Wednesday, October 5th. Jefferies Group boosted their target price on shares of JPMorgan Chase & Co. from $67.00 to $77.00 and gave the company a “buy” rating in a research report on Monday, October 10th. Vetr raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $70.76 target price for the company in a research report on Monday, October 17th. Finally, Credit Suisse Group AG reissued a “buy” rating and issued a $78.00 target price on shares of JPMorgan Chase & Co. in a research report on Thursday, November 3rd. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and eighteen have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $72.43.

In other news, insider Mark O’donovan sold 4,035 shares of the firm’s stock in a transaction dated Wednesday, October 26th. The shares were sold at an average price of $69.05, for a total transaction of $278,616.75. Following the completion of the transaction, the insider now directly owns 6,005 shares of the company’s stock, valued at approximately $414,645.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Stacey Friedman sold 2,099 shares of the firm’s stock in a transaction dated Wednesday, October 26th. The stock was sold at an average price of $69.03, for a total transaction of $144,893.97. Following the transaction, the general counsel now directly owns 4,752 shares of the company’s stock, valued at $328,030.56. The disclosure for this sale can be found here. Insiders own 0.85% of the company’s stock.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

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