One Capital Management LLC Sells 5,073 Shares of JPMorgan Chase & Co. (NYSE:JPM)

One Capital Management LLC decreased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 7.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 63,675 shares of the financial services provider’s stock after selling 5,073 shares during the quarter. One Capital Management LLC’s holdings in JPMorgan Chase & Co. were worth $15,264,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of JPM. Mizuho Securities Co. Ltd. bought a new position in JPMorgan Chase & Co. in the third quarter worth approximately $25,000. Midwest Capital Advisors LLC purchased a new position in JPMorgan Chase & Co. in the fourth quarter worth $43,000. Peterson Financial Group Inc. purchased a new position in JPMorgan Chase & Co. in the third quarter worth $45,000. Legacy Investment Solutions LLC purchased a new position in JPMorgan Chase & Co. in the third quarter worth $45,000. Finally, Collier Financial purchased a new position in JPMorgan Chase & Co. in the fourth quarter worth $45,000. Institutional investors own 71.55% of the company’s stock.

Insiders Place Their Bets

In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 4,273 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $269.85, for a total value of $1,153,069.05. Following the completion of the transaction, the chief operating officer now owns 54,469 shares in the company, valued at approximately $14,698,459.65. This represents a 7.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Troy L. Rohrbaugh sold 37,500 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $269.84, for a total transaction of $10,119,000.00. Following the completion of the transaction, the chief executive officer now owns 158,381 shares of the company’s stock, valued at approximately $42,737,529.04. This trade represents a 19.14 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 46,326 shares of company stock worth $12,448,445. Company insiders own 0.79% of the company’s stock.

JPMorgan Chase & Co. Price Performance

NYSE:JPM opened at $232.94 on Friday. JPMorgan Chase & Co. has a one year low of $179.20 and a one year high of $280.25. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.89 and a current ratio of 0.88. The firm has a market cap of $651.31 billion, a price-to-earnings ratio of 11.80, a PEG ratio of 2.83 and a beta of 1.10. The firm’s fifty day moving average is $258.29 and its two-hundred day moving average is $238.83.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. The business had revenue of $42.77 billion during the quarter, compared to the consensus estimate of $41.90 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.04 earnings per share. Research analysts expect that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on JPM. Bank of America lifted their price target on shares of JPMorgan Chase & Co. from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Oppenheimer lowered shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 20th. Robert W. Baird raised shares of JPMorgan Chase & Co. from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $215.00 to $220.00 in a report on Friday, March 7th. Truist Financial boosted their price objective on shares of JPMorgan Chase & Co. from $260.00 to $268.00 and gave the company a “hold” rating in a report on Thursday, January 16th. Finally, Citigroup boosted their price objective on shares of JPMorgan Chase & Co. from $215.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday, November 19th. Ten equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $252.89.

About JPMorgan Chase & Co.

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.