Mitsubishi UFJ Trust & Banking Corp Increases Stake in JPMorgan Chase & Co. Mitsubishi UFJ Trust & Banking Corp has raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 3.9% during the fourth quarter, according to its latest 13F filing with the Securities and Exchange Commission. The fund now holds 1,385,398 shares of the financial services company, representing an additional 52,437 shares acquired in the quarter. JPMorgan Chase & Co. constitutes 1.1% of Mitsubishi UFJ Trust & Banking Corp’s portfolio, ranking as its 11th largest holding. As of the most recent filing, the fund’s stake in JPMorgan Chase & Co. is valued at $446,427,000, or approximately 0.05% of the company’s total shares. Other institutional investors also adjusted their positions in JPMorgan Chase & Co. during the third and fourth quarters. Mountain Hill Investment Partners Corp. added a new stake valued at $32,000, while Turning Point Benefit Group Inc. acquired shares worth $35,000. Miller Global Investments LLC, Collier Financial, and Nvest Wealth Strategies Inc. each purchased stakes in the fourth quarter, valued at $52,000, $60,000, and $62,000, respectively. Institutional investors and hedge funds collectively own 71.55% of JPMorgan Chase & Co.’s outstanding shares. Wall Street analysts have issued mixed but largely positive assessments of JPMorgan Chase & Co. Barclays reaffirmed a "buy" rating on the stock in a recent report, while Royal Bank of Canada reiterated its "buy" recommendation. CICC Research initiated coverage with an "outperform" rating and a $355 price target, whereas Zacks Research downgraded the stock to a "hold" from a "strong-buy" in mid-April. Argus raised its price target to $355 from $340 and maintained a "buy" rating.#jpmorgan_chase_co #mountain_hill_investment_partners_corp #turning_point_benefit_group_inc #mitsubishi_ufj_trust_banking_corp #milller_global_investments_llc
