JPMorgan Chase & Co. [NYSE: JPM] slipped around -4.01 points on Friday, while shares priced at $147.17 at the close of the session, down -2.65%. The company report on February 26, 2021 that J.P. Morgan Asset Management Launches Two Hedged Equity Funds: JHQDX and JHQTX.
J.P. Morgan Asset Management announced the launch of two Hedged Equity funds: JPMorgan Hedged Equity 2 (I-Shares: JHQDX) and JPMorgan Hedged Equity 3 (I-Shares: JHQTX) (collectively, the “funds”). Employing the scale and expertise of J.P. Morgan’s Global Equities platform, both funds seek broad S&P 500 equity exposure while hedging overall market risk relative to traditional long-only equity strategies.
Each fund’s hedged strategy is implemented on staggered start dates, resetting its hedged period1 every three months to seek a consistent investment experience. At the beginning of each hedged period, a disciplined options overlay strategy is implemented based on market conditions, and over the long-term, intends to reduce the fund’s risk by offsetting losses resulting from market volatility.
JPMorgan Chase & Co. stock is now 15.82% up from its year-to-date (YTD) trading value. JPM Stock saw the intraday high of $150.8741 and lowest of $146.51 per share. The company’s 52-week high price is 154.90, which means current price is +18.91% above from all time high which was touched on 02/25/21.
Compared to the average trading volume of 13.59M shares, JPM reached a trading volume of 19829182 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about JPMorgan Chase & Co. [JPM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JPM shares is $148.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JPM stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 07, 2021. The new note on the price target was released on January 07, 2021, representing the official price target for JPMorgan Chase & Co. stock. Previously, the target price had yet another raise to $139, while Daiwa Securities analysts kept a Outperform rating on JPM stock.
The Average True Range (ATR) for JPMorgan Chase & Co. is set at 3.12, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 7.15. The Price to Book ratio for the last quarter was 1.82, with the Price to Cash per share for the same quarter was set at 449.18.
How has JPM stock performed recently?
JPMorgan Chase & Co. [JPM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.57. With this latest performance, JPM shares gained by 15.10% in over the last four-week period, additionally plugging by 48.52% over the last 6 months – not to mention a rise of 21.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JPM stock in for the last two-week period is set at 62.33, with the RSI for the last a single of trading hit 58.51, and the three-weeks RSI is set at 63.58 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 134.66, while it was recorded at 150.33 for the last single week of trading, and 110.05 for the last 200 days.
JPMorgan Chase & Co. [JPM]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and JPMorgan Chase & Co. [JPM] shares currently have an operating margin of +28.71. JPMorgan Chase & Co.’s Net Margin is presently recorded at +22.79.
Return on Total Capital for JPM is now 4.42, given the latest momentum, and Return on Invested Capital for the company is 5.28. Return on Equity for this stock inclined to 10.72, with Return on Assets sitting at 0.95. When it comes to the capital structure of this company, JPMorgan Chase & Co. [JPM] has a Total Debt to Total Equity ratio set at 203.39. Additionally, JPM Total Debt to Total Capital is recorded at 67.04, with Total Debt to Total Assets ending up at 16.78. Long-Term Debt to Equity for the company is recorded at 112.01, with the Long-Term Debt to Total Capital now at 32.95.
Reflecting on the efficiency of the workforce at the company, JPMorgan Chase & Co. [JPM] managed to generate an average of $113,542 per employee.
Earnings analysis for JPMorgan Chase & Co. [JPM]
With the latest financial reports released by the company, JPMorgan Chase & Co. posted 0.78/share EPS, while the average EPS was predicted by analysts to be reported at 1.84/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -57.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JPM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for JPMorgan Chase & Co. go to 1.28%.
Insider trade positions for JPMorgan Chase & Co. [JPM]
There are presently around $316,536 million, or 72.90% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 243,407,749, which is approximately 0.348% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 192,569,871 shares of the stock with an approximate value of $28.34 billion in JPM stocks shares; and STATE STREET CORP, currently with $19.92 billion in JPM stock with ownership of nearly 0.165% of the company’s market capitalization.
Positions in JPMorgan Chase & Co. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 1,686 institutional holders increased their position in JPMorgan Chase & Co. [NYSE:JPM] by around 105,622,975 shares. Additionally, 1,272 investors decreased positions by around 70,600,763 shares, while 224 investors held positions by with 1,974,595,141 shares. The mentioned changes placed institutional holdings at 2,150,818,879 shares, according to the latest SEC report filing. JPM stock had 364 new institutional investments in for a total of 8,982,442 shares, while 89 institutional investors sold positions of 10,109,103 shares during the same period.