V Square Quantitative Management LLC Sells 171 Shares of JPMorgan Chase & Co. (NYSE:JPM)

V Square Quantitative Management LLC reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 14.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 973 shares of the financial services provider’s stock after selling 171 shares during the quarter. V Square Quantitative Management LLC’s holdings in JPMorgan Chase & Co. were worth $233,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. CFC Planning Co LLC bought a new position in JPMorgan Chase & Co. in the 4th quarter valued at about $429,000. Squire Investment Management Company LLC increased its holdings in shares of JPMorgan Chase & Co. by 6.2% during the fourth quarter. Squire Investment Management Company LLC now owns 2,218 shares of the financial services provider’s stock worth $532,000 after purchasing an additional 129 shares during the period. Rooted Wealth Advisors Inc. increased its holdings in shares of JPMorgan Chase & Co. by 10.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,375 shares of the financial services provider’s stock worth $577,000 after purchasing an additional 216 shares during the period. Palacios Wealth Management LLC bought a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $583,000. Finally, Compagnie Lombard Odier SCmA increased its holdings in shares of JPMorgan Chase & Co. by 5.2% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 984,035 shares of the financial services provider’s stock worth $235,883,000 after purchasing an additional 48,704 shares during the period. 71.55% of the stock is owned by institutional investors.

JPMorgan Chase & Co. Stock Performance

Shares of JPMorgan Chase & Co. stock opened at $264.14 on Monday. JPMorgan Chase & Co. has a fifty-two week low of $179.20 and a fifty-two week high of $280.25. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89. The firm has a market capitalization of $738.56 billion, a P/E ratio of 13.38, a P/E/G ratio of 2.83 and a beta of 1.12. The company’s 50 day moving average price is $256.12 and its two-hundred day moving average price is $235.45.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The firm had revenue of $42.77 billion for the quarter, compared to analyst estimates of $41.90 billion. During the same quarter last year, the business posted $3.04 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. 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 business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 6th were given a $1.25 dividend. The ex-dividend date was Monday, January 6th. This represents a $5.00 dividend on an annualized basis and a yield of 1.89%. JPMorgan Chase & Co.’s dividend payout ratio is currently 25.33%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 3,303 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $253.94, for a total transaction of $838,763.82. Following the transaction, the general counsel now owns 47,620 shares in the company, valued at approximately $12,092,622.80. The trade was a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robin Leopold sold 1,250 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $270.09, for a total transaction of $337,612.50. Following the completion of the sale, the insider now directly owns 50,377 shares in the company, valued at approximately $13,606,323.93. This represents a 2.42 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 46,326 shares of company stock worth $12,448,445 over the last quarter. Corporate insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. UBS Group raised their target price on shares of JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. Piper Sandler raised their target price on shares of JPMorgan Chase & Co. from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, December 3rd. Citigroup raised their target price on shares of JPMorgan Chase & Co. from $215.00 to $250.00 and gave the stock a “neutral” rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods raised their target price on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a “market perform” rating in a report on Thursday, January 16th. Finally, Robert W. Baird cut shares of JPMorgan Chase & Co. from a “neutral” rating to an “underperform” rating and set a $200.00 target price on the stock. in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $251.78.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.