JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 234,299 shares of the financial services provider’s stock after purchasing an additional 422 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.0% of Vanguard Personalized Indexing Management LLC’s investment portfolio, making the stock its 11th biggest position. Vanguard Personalized Indexing Management LLC’s holdings in JPMorgan Chase & Co. were worth $39,854,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its position in shares of JPMorgan Chase & Co. by 0.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,763,717 shares of the financial services provider’s stock worth $300,008,000 after purchasing an additional 12,070 shares during the period. Core Wealth Partners LLC boosted its position in shares of JPMorgan Chase & Co. by 2.0% during the fourth quarter. Core Wealth Partners LLC now owns 5,807 shares of the financial services provider’s stock worth $988,000 after buying an additional 115 shares during the period. D Orazio & Associates Inc. grew its stake in shares of JPMorgan Chase & Co. by 12.5% in the fourth quarter. D Orazio & Associates Inc. now owns 4,740 shares of the financial services provider’s stock valued at $806,000 after buying an additional 527 shares in the last quarter. Goelzer Investment Management Inc. raised its holdings in shares of JPMorgan Chase & Co. by 3.3% in the 4th quarter. Goelzer Investment Management Inc. now owns 51,317 shares of the financial services provider’s stock valued at $8,729,000 after buying an additional 1,640 shares during the period. Finally, AAF Wealth Management LLC acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth about $223,000. 71.55% of the stock is owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Trading Up 1.1 %

JPM opened at $204.79 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.92 and a current ratio of 0.92. JPMorgan Chase & Co. has a one year low of $134.40 and a one year high of $205.05. The company has a market cap of $588.09 billion, a P/E ratio of 12.37, a PEG ratio of 2.52 and a beta of 1.13. The business’s 50-day simple moving average is $193.84 and its 200-day simple moving average is $176.33.

JPMorgan Chase & Co. (NYSE:JPMGet Free Report) last announced its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.45. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. The firm had revenue of $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. As a group, equities research analysts expect that JPMorgan Chase & Co. will post 16.22 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Friday, April 5th were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.25%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date was Thursday, April 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.78%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on JPM. UBS Group dropped their target price on JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating for the company in a research report on Tuesday, April 16th. The Goldman Sachs Group restated a “buy” rating on shares of JPMorgan Chase & Co. in a report on Thursday, February 1st. Morgan Stanley reduced their target price 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, April 15th. Oppenheimer dropped 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 note on Monday, April 15th. Finally, Wells Fargo & Company increased their price objective on JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, March 20th. Eight research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.05.

Get Our Latest Stock Analysis on JPM

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Ashley Bacon sold 5,086 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $193.64, for a total value of $984,853.04. Following the completion of the transaction, the insider now owns 217,351 shares in the company, valued at $42,087,847.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO James Dimon sold 821,778 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total value of $150,163,493.94. Following the transaction, the chief executive officer now directly owns 595,316 shares of the company’s stock, valued at approximately $108,782,092.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ashley Bacon sold 5,086 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $193.64, for a total transaction of $984,853.04. Following the completion of the sale, the insider now owns 217,351 shares of the company’s stock, valued at approximately $42,087,847.64. The disclosure for this sale can be found here. Insiders have sold 1,071,414 shares of company stock worth $196,746,504 in the last ninety days. 0.79% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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