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JPMorgan reported strong earnings and revenue growth despite mixed institutional trading activity.
JPMorgan Chase & Co. (NYSE:JPM) saw its stock traded by several institutional investors in the fourth quarter, with mixed buy and sell activities.
Despite these transactions, the company reported strong earnings, beating estimates with $4.81 EPS for the quarter.
JPMorgan's revenue increased by 10.9% year-over-year to $42.77 billion.
The company also announced a quarterly dividend of $1.40 per share, with a yield of 2.25%.
Analysts give JPMorgan a "Moderate Buy" rating with a price target of $252.89.
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JPMorgan informó de un fuerte crecimiento de ingresos y ganancias a pesar de la actividad comercial institucional mixta.