J. Safra Sarasin Holding AG Purchases 35,271 Shares of JPMorgan Chase & Co. $JPM

J. Safra Sarasin Holding AG increased its stake in JPMorgan Chase & Co. by 43.1% during the fourth quarter, acquiring an additional 35,271 shares, bringing its total holdings to 117,082 shares valued at approximately $37.74 million. JPMorgan Chase & Co. recently reported strong quarterly earnings, beating analyst estimates with $5.23 EPS and revenue of $45.8 billion, and declared a quarterly dividend of $1.50. Despite some recent insider selling, institutional investors collectively own about 71.55% of the company’s stock, and analysts maintain a “Moderate Buy” consensus rating with a target price of $336.48.