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JPMorgan surpassed earnings estimates, raised its dividend, yet insiders sold shares amid mixed investor moves.
NFJ Investment Group LLC reduced its JPMorgan Chase & Co. (NYSE:JPM) holdings by 1.2% in the fourth quarter, while MSH Capital Advisors LLC increased its stake by purchasing $7.26 million worth of shares.
JPMorgan reported $5.07 EPS, exceeding analysts' estimates by $0.44, and announced a quarterly dividend of $1.40.
Insiders sold 76,848 shares, but the company's stock has a "Hold" rating with a target price of $254.11.
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JPMorgan superó las estimaciones de ganancias, aumentó su dividendo, sin embargo, los miembros de la empresa vendieron acciones en medio de movimientos mixtos de los inversores.