Analyst IMS Investment Management Services Ltd. Sells 3,505 Shares of JPMorgan Chase & Co. $JPM

Analyst IMS Investment Management Services Ltd. decreased its position in JPMorgan Chase & Co. (NYSE:JPM) by 47.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,841 shares of the financial services provider’s stock after selling 3,505 shares during the period. Analyst IMS Investment Management Services Ltd.’s holdings in JPMorgan Chase & Co. were worth $1,238,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. bought a new position in shares of JPMorgan Chase & Co. in the third quarter worth approximately $32,000. Family Legacy Financial Solutions LLC grew its holdings in shares of JPMorgan Chase & Co. by 92.6% in the third quarter. Family Legacy Financial Solutions LLC now owns 104 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 50 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in shares of JPMorgan Chase & Co. in the third quarter worth approximately $35,000. Miller Global Investments LLC bought a new position in shares of JPMorgan Chase & Co. in the fourth quarter worth approximately $52,000. Finally, Collier Financial bought a new position in shares of JPMorgan Chase & Co. in the third quarter worth approximately $60,000. Institutional investors own 71.55% of the company’s stock.

Key Stories Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Geo-political ceasefire eased oil and rate-hike worries, pushing global bond yields lower — a tailwind for banks’ trading and market businesses and lowering recession/rate-risk premium. Global Bonds Jump as Ceasefire Sows Doubts Over Steep Rate Hikes
• Positive Sentiment: Analysts are updating forecasts ahead of Q1 — several accurate forecasters nudged estimates higher and highlighted JPMorgan’s strong mix (wealth, payments, card partnerships) as supportive of an earnings beat. JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Positive Sentiment: Product/technology initiatives — JPM Coin pilots in Argentina and Jamie Dimon’s push to roll out blockchain/internal token infrastructure and embrace Solana point to potential efficiency gains and new institutional product revenue. Argentine banks testing JPMorgan’s JPM Coin to speed up settlements: Report
• Neutral Sentiment: Q1 earnings preview — JPMorgan reports April 14; street expectations (consensus EPS/revenue) leave scope for volatility depending on net interest income trajectory, trading revenue and credit costs. The upcoming print is the main near-term catalyst. JPMorgan Chase & Co. (JPM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Some sell-side shops are more cautious: Piper Sandler and other analysts have trimmed targets or warned on weaker near-term earnings forecasts, which can cap upside if guidance is soft. Piper Sandler Remains Cautious on JPMorgan (JPM) Amid Weaker Earnings Forecasts
• Negative Sentiment: CEO Jamie Dimon’s shareholder letter flagged risks — private-credit vulnerabilities and the potential for renewed inflation if Middle East tensions flare — reminders that upside from the ceasefire is conditional and that higher oil/inflation would be a headwind. Jamie Dimon: Iran war could reignite inflation and keep Fed rates higher for longer

JPMorgan Chase & Co. Stock Performance

Shares of JPMorgan Chase & Co. stock opened at $308.16 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $831.12 billion, a P/E ratio of 15.40, a P/E/G ratio of 1.41 and a beta of 1.05. The business has a fifty day simple moving average of $298.92 and a two-hundred day simple moving average of $306.89. JPMorgan Chase & Co. has a 12 month low of $211.00 and a 12 month high of $337.25.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Tuesday, January 13th. The financial services provider reported $5.23 EPS for the quarter, beating the consensus estimate of $4.93 by $0.30. The business had revenue of $45.80 billion during the quarter, compared to analyst estimates of $45.98 billion. JPMorgan Chase & Co. had a return on equity of 17.16% and a net margin of 20.35%.The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $4.81 earnings per share. On average, equities analysts forecast that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Monday, April 6th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Monday, April 6th. This represents a $6.00 annualized dividend and a yield of 1.9%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 29.99%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. CICC Research assumed coverage on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. They issued an “outperform” rating and a $355.00 target price on the stock. Robert W. Baird raised their target price on shares of JPMorgan Chase & Co. from $280.00 to $290.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. Wall Street Zen upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a report on Sunday, January 18th. Weiss Ratings restated a “buy (b+)” rating on shares of JPMorgan Chase & Co. in a report on Monday, December 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $330.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has a consensus rating of “Moderate Buy” and an average price target of $333.17.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, COO Jennifer Piepszak sold 8,571 shares of JPMorgan Chase & Co. stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $312.79, for a total value of $2,680,923.09. Following the completion of the transaction, the chief operating officer owned 71,027 shares of the company’s stock, valued at $22,216,535.33. The trade was a 10.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robin Leopold sold 433 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $295.06, for a total value of $127,760.98. Following the completion of the transaction, the insider directly owned 64,920 shares of the company’s stock, valued at approximately $19,155,295.20. This represents a 0.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 72,029 shares of company stock valued at $22,195,693. Company insiders own 0.47% of the company’s stock.

About JPMorgan Chase & Co.

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.