Nottingham Advisors Inc. Has $729,000 Stake in JPMorgan Chase & Co. (NYSE:JPM)

Nottingham Advisors Inc. lifted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 15.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,283 shares of the financial services provider’s stock after acquiring an additional 582 shares during the period. Nottingham Advisors Inc.’s holdings in JPMorgan Chase & Co. were worth $729,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Aire Advisors LLC grew its holdings in JPMorgan Chase & Co. by 4.7% during the fourth quarter. Aire Advisors LLC now owns 10,462 shares of the financial services provider’s stock valued at $1,781,000 after purchasing an additional 468 shares during the period. Granite Bay Wealth Management LLC grew its holdings in JPMorgan Chase & Co. by 24.7% during the fourth quarter. Granite Bay Wealth Management LLC now owns 1,324,858 shares of the financial services provider’s stock valued at $225,358,000 after purchasing an additional 262,515 shares during the period. Capital Advisors Inc. OK grew its holdings in JPMorgan Chase & Co. by 13.9% during the fourth quarter. Capital Advisors Inc. OK now owns 608,857 shares of the financial services provider’s stock valued at $103,567,000 after purchasing an additional 74,464 shares during the period. Simplicity Wealth LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter valued at approximately $369,000. Finally, Crumly & Associates Inc. grew its holdings in JPMorgan Chase & Co. by 5.8% during the fourth quarter. Crumly & Associates Inc. now owns 5,954 shares of the financial services provider’s stock valued at $1,013,000 after purchasing an additional 326 shares during the period. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock opened at $185.80 on Friday. The company’s fifty day simple moving average is $188.83 and its 200-day simple moving average is $169.06. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 1.29. The firm has a market cap of $533.63 billion, a PE ratio of 11.22, a P/E/G ratio of 2.28 and a beta of 1.15. JPMorgan Chase & Co. has a 12 month low of $131.81 and a 12 month high of $200.94.

JPMorgan Chase & Co. Increases Dividend

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

Insider Transactions at JPMorgan Chase & Co.

In other news, CEO Jennifer Piepszak sold 1,648 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $178.96, for a total value of $294,926.08. Following the sale, the chief executive officer now owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other JPMorgan Chase & Co. news, CEO James Dimon sold 178,222 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $184.18, for a total transaction of $32,824,927.96. Following the sale, the chief executive officer now directly owns 264,461 shares of the company’s stock, valued at $48,708,426.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jennifer Piepszak sold 1,648 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $178.96, for a total transaction of $294,926.08. Following the sale, the chief executive officer now directly owns 32,819 shares in the company, valued at $5,873,288.24. The disclosure for this sale can be found here. Insiders have sold a total of 1,020,696 shares of company stock valued at $186,794,151 over the last 90 days. 0.79% of the stock is owned by corporate insiders.

Analyst Ratings Changes

JPM has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and boosted their price objective for the company from $140.00 to $190.00 in a report on Tuesday, January 9th. Barclays upped their price target on shares of JPMorgan Chase & Co. from $186.00 to $212.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. Piper Sandler reduced 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 report on Monday, April 15th. Keefe, Bruyette & Woods upped their price target on shares of JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a “market perform” rating in a report on Friday, April 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, February 1st. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.05.

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.