Colin Moore Purchases 8,000 Shares of JPMorgan American (LON:JAM) Stock

JPMorgan American (LON:JAM) insider Colin Moore purchased 8,000 shares of the company’s stock in a transaction on Monday, April 14th. The stock was purchased at an average cost of GBX 947 ($12.53) per share, for a total transaction of £75,760 ($100,277.96).

JPMorgan American Price Performance

JAM stock opened at GBX 929 ($12.30) on Thursday. The business has a 50-day moving average of GBX 1,020.36 and a 200-day moving average of GBX 1,074.59. JPMorgan American has a fifty-two week low of GBX 827 ($10.95) and a fifty-two week high of GBX 1,198 ($15.86). The stock has a market capitalization of £1.68 billion, a P/E ratio of 4.03 and a beta of 0.65.

JPMorgan American (LON:JAM) last posted its quarterly earnings data on Thursday, April 3rd. The company reported GBX 10.59 ($0.14) earnings per share (EPS) for the quarter. JPMorgan American had a net margin of 97.58% and a return on equity of 24.87%.

JPMorgan American Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, April 17th will be issued a dividend of GBX 8.25 ($0.11) per share. This represents a yield of 0.88%. The ex-dividend date of this dividend is Thursday, April 17th. This is a positive change from JPMorgan American’s previous dividend of $2.75. JPMorgan American’s dividend payout ratio is presently 3.47%.

About JPMorgan American

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.