YHB Investment Advisors Inc. Buys 508 Shares of JPMorgan Chase & Co. (NYSE:JPM)

YHB Investment Advisors Inc. boosted its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,634 shares of the financial services provider’s stock after acquiring an additional 508 shares during the period. YHB Investment Advisors Inc.’s holdings in JPMorgan Chase & Co. were worth $6,402,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Macroview Investment Management LLC increased its position in shares of JPMorgan Chase & Co. by 7,833.3% during the third quarter. Macroview Investment Management LLC now owns 238 shares of the financial services provider’s stock worth $34,000 after buying an additional 235 shares during the period. Briaud Financial Planning Inc acquired a new stake in JPMorgan Chase & Co. during the 3rd quarter worth about $40,000. Morton Brown Family Wealth LLC raised its position in shares of JPMorgan Chase & Co. by 2,308.3% in the 4th quarter. Morton Brown Family Wealth LLC now owns 289 shares of the financial services provider’s stock worth $49,000 after acquiring an additional 277 shares in the last quarter. FSC Wealth Advisors LLC raised its position in shares of JPMorgan Chase & Co. by 290.9% in the 3rd quarter. FSC Wealth Advisors LLC now owns 387 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 288 shares in the last quarter. Finally, Legacy Financial Group LLC acquired a new position in shares of JPMorgan Chase & Co. in the 3rd quarter valued at about $58,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Insider Activity

In related news, Vice Chairman Peter Scher sold 1,810 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $178.96, for a total transaction of $323,917.60. Following the transaction, the insider now directly owns 44,956 shares in the company, valued at $8,045,325.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO Jennifer Piepszak sold 1,648 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $178.96, for a total value of $294,926.08. Following the completion of the transaction, the chief executive officer now directly owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Peter Scher sold 1,810 shares of JPMorgan Chase & Co. stock in a transaction on Friday, February 16th. The stock was sold at an average price of $178.96, for a total value of $323,917.60. Following the sale, the insider now owns 44,956 shares in the company, valued at $8,045,325.76. The disclosure for this sale can be found here. Insiders sold a total of 1,020,696 shares of company stock worth $186,794,151 over the last quarter. Insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on JPM shares. The Goldman Sachs Group reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, February 1st. Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and lifted their price objective for the company from $140.00 to $190.00 in a research note on Tuesday, January 9th. UBS Group cut their target price on shares of JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating on the stock in a research note on Tuesday. Piper Sandler decreased their price target on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an “overweight” rating for the company in a research note on Monday, April 15th. Finally, Bank of America upped their price objective on shares of JPMorgan Chase & Co. from $177.00 to $188.00 and gave the company a “buy” rating in a report on Thursday, January 4th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average price target of $192.05.

JPMorgan Chase & Co. Trading Up 2.5 %

Shares of JPMorgan Chase & Co. stock opened at $185.80 on Friday. The company has a market capitalization of $533.63 billion, a P/E ratio of 11.22, a price-to-earnings-growth ratio of 2.26 and a beta of 1.15. The stock has a fifty day simple moving average of $188.83 and a 200 day simple moving average of $168.88. JPMorgan Chase & Co. has a 12-month low of $131.81 and a 12-month high of $200.94. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 1.29.

JPMorgan Chase & Co. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th will be paid a $1.15 dividend. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Thursday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 2.48%. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.78%.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.