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Caprock Group LLC Has $33.51 Million Position in JPMorgan Chase & Co. $JPM
Caprock Group LLC increased its stake in JPMorgan Chase & Co. by 13.9% in the fourth quarter, now holding 104,005 shares valued at $33.51 million. JPMorgan Chase itself reported strong quarterly earnings, beating expectations with $5.94 EPS and $50.54 billion in revenue, and analysts maintain a “Moderate Buy” rating with an average price target of $336.16. Despite some insider selling, the company continues its dividend payouts and share repurchases, and institutional investors collectively own 71.55% of its stock.