JPMorgan Chase & Co. $JPM Stock Bought by Nan Shan Life Insurance Co. Ltd.
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Nan Shan Life Insurance Co. Ltd. significantly increased its stake in JPMorgan Chase & Co. by 21% in the second quarter, bringing its total holdings to 198,905 shares valued at $65.1 million. This move comes as institutional investors collectively own a substantial portion of JPM stock, and analysts maintain a "Moderate Buy" consensus with an average price target of $360.58. JPMorgan also reported strong financial results, beating earnings expectations, and increased its quarterly dividend.
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