Roth Financial Partners LLC Increases Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Roth Financial Partners LLC boosted its position in JPMorgan Chase & Co. (NYSE:JPM) by 31.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,868 shares of the financial services provider’s stock after purchasing an additional 445 shares during the quarter. JPMorgan Chase & Co. comprises 0.2% of Roth Financial Partners LLC’s investment portfolio, making the stock its 22nd biggest position. Roth Financial Partners LLC’s holdings in JPMorgan Chase & Co. were worth $318,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JPM. Columbia Trust Co 01012016 grew its position in JPMorgan Chase & Co. by 0.6% during the third quarter. Columbia Trust Co 01012016 now owns 21,760 shares of the financial services provider’s stock valued at $3,156,000 after acquiring an additional 134 shares during the last quarter. H&H Retirement Design & Management INC bought a new stake in JPMorgan Chase & Co. in the third quarter worth $386,000. Impact Partnership Wealth LLC boosted its position in JPMorgan Chase & Co. by 79.8% during the third quarter. Impact Partnership Wealth LLC now owns 1,368 shares of the financial services provider’s stock valued at $198,000 after buying an additional 607 shares during the period. Advocate Group LLC boosted its position in JPMorgan Chase & Co. by 48.7% during the third quarter. Advocate Group LLC now owns 34,350 shares of the financial services provider’s stock valued at $4,981,000 after buying an additional 11,244 shares during the period. Finally, Rempart Asset Management Inc. grew its stake in shares of JPMorgan Chase & Co. by 0.7% during the third quarter. Rempart Asset Management Inc. now owns 132,710 shares of the financial services provider’s stock valued at $19,246,000 after buying an additional 950 shares during the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, CEO James Dimon sold 178,222 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $184.18, for a total value 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. In other JPMorgan Chase & Co. news, CEO Jennifer Piepszak sold 1,648 shares of the business’s stock in a transaction 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 sale, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, CEO James Dimon sold 178,222 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $184.18, for a total value of $32,824,927.96. Following the completion of the sale, the chief executive officer now directly owns 264,461 shares in the company, valued at $48,708,426.98. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,020,696 shares of company stock valued at $186,794,151. 0.79% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Trading Up 0.1 %

NYSE JPM opened at $193.50 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 1.29. JPMorgan Chase & Co. has a twelve month low of $131.81 and a twelve month high of $200.94. The firm has a market capitalization of $555.75 billion, a PE ratio of 11.68, a P/E/G ratio of 2.43 and a beta of 1.15. The stock’s 50 day moving average is $190.36 and its 200 day moving average is $170.57.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 5th will be given a dividend of $1.15 per share. 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. This represents a $4.60 annualized dividend and a dividend yield of 2.38%. JPMorgan Chase & Co.’s payout ratio is currently 27.78%.

Analyst Ratings Changes

JPM has been the subject of several analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $185.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, March 20th. Jefferies Financial Group raised their price target on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. BMO Capital Markets reduced their price target on 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. Evercore ISI raised their price target on JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Finally, Morgan Stanley reduced their price target on 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. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $192.05.

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.