JPMorgan Chase & Co. (NYSE:JPM) Stock Holdings Lifted by Searle & CO.

Searle & CO. raised its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 261,980 shares of the financial services provider’s stock after buying an additional 846 shares during the period. JPMorgan Chase & Co. comprises about 12.2% of Searle & CO.’s investment portfolio, making the stock its biggest holding. Searle & CO.’s holdings in JPMorgan Chase & Co. were worth $44,563,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JPM. RB Capital Management LLC grew its position in shares of JPMorgan Chase & Co. by 1.1% in the 4th quarter. RB Capital Management LLC now owns 23,886 shares of the financial services provider’s stock worth $4,063,000 after buying an additional 254 shares during the last quarter. Orion Capital Management LLC lifted its stake in JPMorgan Chase & Co. by 0.8% in the fourth quarter. Orion Capital Management LLC now owns 9,789 shares of the financial services provider’s stock worth $1,665,000 after acquiring an additional 75 shares during the period. Concord Wealth Partners boosted its holdings in JPMorgan Chase & Co. by 12.6% in the fourth quarter. Concord Wealth Partners now owns 21,869 shares of the financial services provider’s stock valued at $3,720,000 after acquiring an additional 2,455 shares in the last quarter. DiNuzzo Private Wealth Inc. bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter valued at approximately $49,000. Finally, Mine & Arao Wealth Creation & Management LLC. grew its position in shares of JPMorgan Chase & Co. by 0.7% in the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 20,255 shares of the financial services provider’s stock worth $3,445,000 after buying an additional 144 shares during the period. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Down 0.1 %

JPMorgan Chase & Co. stock opened at $191.80 on Wednesday. The stock has a market cap of $550.79 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 2.38 and a beta of 1.13. 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 fifty day moving average of $191.74 and a 200 day moving average of $173.16. JPMorgan Chase & Co. has a one year low of $133.13 and a one year 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 EPS for the quarter, beating the consensus estimate of $4.18 by $0.45. The firm had revenue of $41.93 billion during the quarter, compared to analyst estimates of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. As a group, sell-side analysts predict that JPMorgan Chase & Co. will post 15.98 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Jefferies Financial Group raised their price objective on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a research report on Monday, April 8th. The Goldman Sachs Group restated a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, February 1st. BMO Capital Markets dropped 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 note on Monday, April 15th. Oppenheimer reduced their price objective on shares of JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating for the company in a research note on Monday, April 15th. Finally, Evercore ISI upped their target price on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a research note on Thursday, April 4th. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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 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 sale, the chief executive officer now directly owns 32,819 shares in the company, valued at approximately $5,873,288.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Vice Chairman Peter Scher sold 1,810 shares of the business’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 transaction of $323,917.60. Following the completion of the transaction, the insider now directly owns 44,956 shares in the company, valued at approximately $8,045,325.76. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Jennifer Piepszak sold 1,648 shares of the firm’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 transaction of $294,926.08. Following the sale, 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. Insiders have sold 1,042,525 shares of company stock worth $190,961,526 in the last 90 days. 0.79% of the stock is currently owned by insiders.

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.