Lindenwold Advisors INC Sells 99 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Lindenwold Advisors INC lowered its stake in JPMorgan Chase & Co. (NYSE:JPMFree Report) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,308 shares of the financial services provider’s stock after selling 99 shares during the quarter. JPMorgan Chase & Co. makes up approximately 1.2% of Lindenwold Advisors INC’s investment portfolio, making the stock its 29th largest position. Lindenwold Advisors INC’s holdings in JPMorgan Chase & Co. were worth $2,094,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of JPM. Stone House Investment Management LLC increased its stake in shares of JPMorgan Chase & Co. by 132.8% during the 4th quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 89 shares during the last quarter. Bare Financial Services Inc acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth approximately $35,000. Partnership Wealth Management LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth approximately $36,000. Briaud Financial Planning Inc bought a new stake in JPMorgan Chase & Co. in the third quarter valued at approximately $40,000. Finally, Stuart Chaussee & Associates Inc. acquired a new stake in shares of JPMorgan Chase & Co. in the fourth quarter valued at approximately $40,000. Institutional investors own 71.55% of the company’s stock.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, CEO Marianne Lake sold 11,734 shares of the company’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $200.02, for a total transaction of $2,347,034.68. Following the completion of the sale, the chief executive officer now directly owns 122,740 shares in the company, valued at $24,550,454.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other JPMorgan Chase & Co. news, CEO Marianne Lake sold 11,734 shares of the company’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $200.02, for a total transaction of $2,347,034.68. Following the completion of the sale, the chief executive officer now directly owns 122,740 shares in the company, valued at $24,550,454.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James Dimon sold 821,778 shares of the 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 completion of the transaction, the chief executive officer now owns 595,316 shares of the company’s stock, valued at $108,782,092.68. The disclosure for this sale can be found here. Insiders sold 1,071,414 shares of company stock worth $196,746,504 over the last three months. Insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on JPM shares. Keefe, Bruyette & Woods increased their price target on JPMorgan Chase & Co. from $182.00 to $195.00 and gave the company a “market perform” rating in a research note on Friday, April 5th. Royal Bank of Canada restated an “outperform” rating and set a $185.00 target price on shares of JPMorgan Chase & Co. in a research note on Wednesday, March 20th. Jefferies Financial Group lifted their target price on shares of JPMorgan Chase & Co. from $202.00 to $228.00 and gave the stock a “buy” rating in a report on Monday, April 8th. Oppenheimer lowered their price target on shares of JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a report on Monday, April 15th. Finally, BMO Capital Markets reduced their price objective on JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating for the company in a report on Monday, April 15th. Eight equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, JPMorgan Chase & Co. has a consensus rating of “Moderate Buy” and an average price target of $192.05.

View Our Latest Stock Report on JPM

JPMorgan Chase & Co. Trading Up 1.1 %

Shares of JPM stock opened at $204.79 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.29. The stock has a market cap of $588.09 billion, a P/E ratio of 12.37, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13. The stock has a 50 day simple moving average of $193.84 and a 200 day simple moving average of $176.60. JPMorgan Chase & Co. has a 1 year low of $134.40 and a 1 year high of $205.05.

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

JPMorgan Chase & Co. Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were paid a dividend of $1.15 per share. The ex-dividend date was Thursday, April 4th. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a yield of 2.25%. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.78%.

JPMorgan Chase & Co. 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.

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

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