Mosaic Family Wealth Partners LLC Has $1.04 Million Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Mosaic Family Wealth Partners LLC boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 9.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,108 shares of the financial services provider’s stock after buying an additional 519 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in JPMorgan Chase & Co. were worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Valicenti Advisory Services Inc. boosted its position in JPMorgan Chase & Co. by 2.9% during the third quarter. Valicenti Advisory Services Inc. now owns 79,891 shares of the financial services provider’s stock valued at $11,586,000 after purchasing an additional 2,220 shares during the last quarter. Etfidea LLC raised its stake in shares of JPMorgan Chase & Co. by 5.4% during the 4th quarter. Etfidea LLC now owns 1,937 shares of the financial services provider’s stock worth $329,000 after purchasing an additional 100 shares in the last quarter. TKG Advisors LLC lifted its holdings in shares of JPMorgan Chase & Co. by 97.6% during the 3rd quarter. TKG Advisors LLC now owns 13,205 shares of the financial services provider’s stock valued at $1,915,000 after buying an additional 6,521 shares during the last quarter. Alley Investment Management Company LLC grew its stake in shares of JPMorgan Chase & Co. by 0.4% in the 3rd quarter. Alley Investment Management Company LLC now owns 126,913 shares of the financial services provider’s stock valued at $18,405,000 after buying an additional 530 shares in the last quarter. Finally, Allen Investment Management LLC grew its stake in shares of JPMorgan Chase & Co. by 15.8% in the 3rd quarter. Allen Investment Management LLC now owns 174,738 shares of the financial services provider’s stock valued at $25,341,000 after buying an additional 23,894 shares in the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on JPM. UBS Group reduced their target price on shares of JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating for the company in a research note on Tuesday. Morgan Stanley cut their price target on shares of JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating on the stock in a report on Monday. Keefe, Bruyette & Woods upped their price objective on shares of JPMorgan Chase & Co. from $182.00 to $195.00 and gave the stock a “market perform” rating in a report on Friday, April 5th. Jefferies Financial Group increased their target price on shares of JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Finally, Deutsche Bank Aktiengesellschaft raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and boosted their price target for the stock from $140.00 to $190.00 in a research report on Tuesday, January 9th. Eight research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.05.

JPMorgan Chase & Co. Trading Up 0.6 %

Shares of JPM stock opened at $181.14 on Friday. The firm has a market capitalization of $520.25 billion, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 2.27 and a beta of 1.15. JPMorgan Chase & Co. has a 1 year low of $131.81 and a 1 year high of $200.94. The firm’s fifty day simple moving average is $188.61 and its 200 day simple moving average is $168.59. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 1.29.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th will be issued a dividend of $1.15 per share. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date is Thursday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 2.54%. JPMorgan Chase & Co.’s payout ratio is presently 27.78%.

Insider Activity

In related news, CEO Jennifer Piepszak sold 1,648 shares of JPMorgan Chase & Co. stock in a transaction dated 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 directly owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other JPMorgan Chase & Co. news, 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 value of $294,926.08. Following the completion of the sale, the chief executive officer now owns 32,819 shares in the company, valued at approximately $5,873,288.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO James Dimon sold 178,222 shares of JPMorgan Chase & Co. stock in a transaction that occurred 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 in the company, valued at approximately $48,708,426.98. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,020,696 shares of company stock valued at $186,794,151. Insiders own 0.79% of the company’s stock.

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.