Great Valley Advisor Group Inc. Has $22.43 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Great Valley Advisor Group Inc. raised its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 131,867 shares of the financial services provider’s stock after acquiring an additional 3,962 shares during the period. JPMorgan Chase & Co. comprises about 0.8% of Great Valley Advisor Group Inc.’s investment portfolio, making the stock its 29th largest holding. Great Valley Advisor Group Inc.’s holdings in JPMorgan Chase & Co. were worth $22,431,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Bridgewater Advisors Inc. raised its stake in shares of JPMorgan Chase & Co. by 1.2% in the third quarter. Bridgewater Advisors Inc. now owns 36,534 shares of the financial services provider’s stock worth $5,298,000 after acquiring an additional 421 shares during the last quarter. Ledge Wealth Management Inc. raised its position in JPMorgan Chase & Co. by 10.7% in the 3rd quarter. Ledge Wealth Management Inc. now owns 17,853 shares of the financial services provider’s stock worth $2,589,000 after purchasing an additional 1,730 shares during the last quarter. Clear Creek Financial Management LLC lifted its holdings in JPMorgan Chase & Co. by 2.5% during the 3rd quarter. Clear Creek Financial Management LLC now owns 22,872 shares of the financial services provider’s stock worth $3,317,000 after buying an additional 552 shares in the last quarter. Mission Wealth Management LP boosted its position in JPMorgan Chase & Co. by 6.1% in the 3rd quarter. Mission Wealth Management LP now owns 31,956 shares of the financial services provider’s stock valued at $4,634,000 after buying an additional 1,838 shares during the last quarter. Finally, Dakota Wealth Management increased its stake in shares of JPMorgan Chase & Co. by 4.7% in the 3rd quarter. Dakota Wealth Management now owns 187,245 shares of the financial services provider’s stock valued at $27,154,000 after buying an additional 8,470 shares during the period. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Price Performance

NYSE JPM opened at $191.80 on Wednesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market cap of $550.79 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 2.38 and a beta of 1.13. The business has a 50 day simple moving average of $191.74 and a 200 day simple moving average of $173.16. JPMorgan Chase & Co. has a 52-week low of $133.13 and a 52-week high of $200.94.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.45. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. The company had revenue of $41.93 billion during the quarter, compared to analysts’ expectations of $40.90 billion. Analysts anticipate that JPMorgan Chase & Co. will post 15.98 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were paid a $1.15 dividend. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 2.40%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.78%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 6,030 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total transaction of $1,101,861.90. Following the completion of the transaction, the general counsel now directly owns 59,456 shares of the company’s stock, valued at $10,864,394.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 6,030 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $182.73, for a total value of $1,101,861.90. Following the sale, the general counsel now owns 59,456 shares in the company, valued at approximately $10,864,394.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ashley Bacon sold 3,368 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $179.00, for a total transaction of $602,872.00. Following the transaction, the insider now directly owns 202,093 shares of the company’s stock, valued at $36,174,647. The disclosure for this sale can be found here. Insiders have sold 1,042,525 shares of company stock valued at $190,961,526 in the last 90 days. 0.79% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on JPM shares. BMO Capital Markets decreased their price target on JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating on the stock in a report on Monday, April 15th. Jefferies Financial Group raised their target price on shares of JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Oppenheimer lowered their price target on shares of JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating for the company in a research report on Monday, April 15th. Wells Fargo & Company increased their price objective on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Finally, The Goldman Sachs Group reaffirmed 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 given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.05.

About JPMorgan Chase & Co.

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.