JPMorgan Chase & Co. $JPM Shares Purchased by Willow Creek Wealth Management Inc.

Willow Creek Wealth Management Inc. raised its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 2.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,475 shares of the financial services provider’s stock after acquiring an additional 71 shares during the quarter. Willow Creek Wealth Management Inc.’s holdings in JPMorgan Chase & Co. were worth $1,008,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Avior Wealth Management LLC increased its position in shares of JPMorgan Chase & Co. by 0.9% in the second quarter. Avior Wealth Management LLC now owns 38,484 shares of the financial services provider’s stock valued at $11,157,000 after buying an additional 329 shares in the last quarter. XY Planning Network Inc. purchased a new stake in JPMorgan Chase & Co. during the 2nd quarter worth about $656,000. Uncommon Cents Investing LLC increased its position in JPMorgan Chase & Co. by 1.1% during the 2nd quarter. Uncommon Cents Investing LLC now owns 26,128 shares of the financial services provider’s stock worth $7,575,000 after purchasing an additional 287 shares in the last quarter. BayBridge Capital Group LLC increased its position in JPMorgan Chase & Co. by 1.9% during the 2nd quarter. BayBridge Capital Group LLC now owns 6,332 shares of the financial services provider’s stock worth $1,836,000 after purchasing an additional 121 shares in the last quarter. Finally, Virginia Wealth Management Group Inc. increased its position in JPMorgan Chase & Co. by 1.1% during the 2nd quarter. Virginia Wealth Management Group Inc. now owns 24,023 shares of the financial services provider’s stock worth $6,964,000 after purchasing an additional 270 shares in the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on JPM shares. Keefe, Bruyette & Woods lifted their price objective on JPMorgan Chase & Co. from $327.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, July 16th. Truist Financial lifted their price objective on JPMorgan Chase & Co. from $290.00 to $319.00 and gave the company a “hold” rating in a research note on Tuesday, September 23rd. Zacks Research lowered JPMorgan Chase & Co. from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 8th. Robert W. Baird lowered JPMorgan Chase & Co. from a “neutral” rating to an “underperform” rating and set a $235.00 price objective on the stock. in a research note on Friday, June 27th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on JPMorgan Chase & Co. from $300.00 to $320.00 and gave the company a “hold” rating in a research note on Tuesday. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $303.45.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, Director Linda Bammann sold 9,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $297.94, for a total value of $2,830,430.00. Following the sale, the director owned 82,207 shares in the company, valued at $24,492,753.58. This represents a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.47% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

JPM opened at $307.65 on Friday. JPMorgan Chase & Co. has a 52-week low of $202.16 and a 52-week high of $318.01. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a 50-day moving average of $300.44 and a 200-day moving average of $273.96. The company has a market cap of $845.96 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 2.05 and a beta of 1.13.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Tuesday, July 15th. The financial services provider reported $4.96 EPS for the quarter, beating the consensus estimate of $4.48 by $0.48. JPMorgan Chase & Co. had a return on equity of 16.93% and a net margin of 20.52%.The company had revenue of $44.91 billion during the quarter, compared to analysts’ expectations of $43.76 billion. During the same period last year, the firm earned $6.12 EPS. The business’s revenue for the quarter was down 10.5% on a year-over-year basis. As a group, equities research analysts forecast that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, October 6th will be issued a dividend of $1.50 per share. The ex-dividend date is Monday, October 6th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.40. This represents a $6.00 annualized dividend and a yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio is currently 28.73%.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.