Kiley Juergens Wealth Management LLC Decreases Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Kiley Juergens Wealth Management LLC decreased its position in JPMorgan Chase & Co. (NYSE:JPM) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,167 shares of the financial services provider’s stock after selling 183 shares during the quarter. Kiley Juergens Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $2,240,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Macroview Investment Management LLC increased its position in shares of JPMorgan Chase & Co. by 7,833.3% in the third quarter. Macroview Investment Management LLC now owns 238 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 235 shares during the period. Briaud Financial Planning Inc purchased a new position in shares of JPMorgan Chase & Co. in the third quarter valued at about $40,000. Morton Brown Family Wealth LLC increased its position in shares of JPMorgan Chase & Co. by 2,308.3% in the fourth quarter. Morton Brown Family Wealth LLC now owns 289 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 277 shares during the period. Bear Mountain Capital Inc. purchased a new position in shares of JPMorgan Chase & Co. during the fourth quarter valued at about $51,000. Finally, FSC Wealth Advisors LLC increased its position in shares of JPMorgan Chase & Co. by 290.9% during the third quarter. FSC Wealth Advisors LLC now owns 387 shares of the financial services provider’s stock valued at $56,000 after buying an additional 288 shares during the period. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $185.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 20th. BMO Capital Markets reduced their price target on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a research report on Monday, April 15th. UBS Group reduced their price target on shares of JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating on the stock in a research report on Tuesday, April 16th. Morgan Stanley reduced their price target on shares of JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating on the stock in a research report on Monday, April 15th. Finally, Jefferies Financial Group boosted their price target on shares of JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a research report on Monday, April 8th. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $192.05.

Insider Transactions at JPMorgan Chase & Co.

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 shares were sold at an average price of $178.96, for a total value of $294,926.08. Following the transaction, the chief executive officer now owns 32,819 shares in the company, valued at $5,873,288.24. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Ashley Bacon sold 3,368 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $179.00, for a total transaction of $602,872.00. Following the transaction, the insider now owns 202,093 shares in the company, valued at $36,174,647. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Jennifer Piepszak sold 1,648 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $178.96, for a total transaction of $294,926.08. Following the transaction, the chief executive officer now owns 32,819 shares in the company, valued at approximately $5,873,288.24. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,020,696 shares of company stock worth $186,794,151. Corporate insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Trading Up 1.4 %

Shares of NYSE JPM opened at $192.11 on Wednesday. The firm’s 50 day moving average price is $189.46 and its 200-day moving average price is $169.90. The company has a market cap of $551.76 billion, a PE ratio of 11.60, a P/E/G ratio of 2.34 and a beta of 1.15. JPMorgan Chase & Co. has a 52-week low of $131.81 and a 52-week high of $200.94. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.91 and a current ratio of 0.92.

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 represents a $4.60 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Thursday, April 4th. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s dividend payout ratio is currently 27.78%.

JPMorgan Chase & Co. 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.