JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC raised its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,777 shares of the financial services provider’s stock after purchasing an additional 281 shares during the period. JPMorgan Chase & Co. accounts for approximately 1.1% of Schwarz Dygos Wheeler Investment Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $4,501,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its holdings in shares of JPMorgan Chase & Co. by 3.2% during the third quarter. Principal Financial Group Inc. now owns 5,824,289 shares of the financial services provider’s stock valued at $1,228,110,000 after buying an additional 182,648 shares during the last quarter. United Bank lifted its position in JPMorgan Chase & Co. by 2.5% during the third quarter. United Bank now owns 25,354 shares of the financial services provider’s stock valued at $5,346,000 after purchasing an additional 614 shares during the period. ROI Financial Advisors LLC lifted its position in JPMorgan Chase & Co. by 10.5% during the third quarter. ROI Financial Advisors LLC now owns 6,227 shares of the financial services provider’s stock valued at $1,313,000 after purchasing an additional 591 shares during the period. BCM Advisors LLC lifted its position in JPMorgan Chase & Co. by 382.1% during the third quarter. BCM Advisors LLC now owns 6,099 shares of the financial services provider’s stock valued at $1,340,000 after purchasing an additional 4,834 shares during the period. Finally, Summit Asset Management LLC lifted its position in JPMorgan Chase & Co. by 15.5% during the third quarter. Summit Asset Management LLC now owns 8,958 shares of the financial services provider’s stock valued at $1,889,000 after purchasing an additional 1,200 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 3,303 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $253.94, for a total value of $838,763.82. Following the completion of the sale, the general counsel now directly owns 47,620 shares in the company, valued at $12,092,622.80. This represents a 6.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jennifer Piepszak sold 4,273 shares of the company’s stock in a transaction on 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 sale, the chief operating officer now owns 54,469 shares of the company’s stock, valued at approximately $14,698,459.65. The trade was a 7.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 46,326 shares of company stock worth $12,448,445 in the last three months. 0.79% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Robert W. Baird upgraded shares of JPMorgan Chase & Co. from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $215.00 to $220.00 in a research report on Friday, March 7th. Baird R W upgraded shares of JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a research report on Friday, March 7th. Bank of America boosted their target price on shares of JPMorgan Chase & Co. from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Barclays lifted their price objective on shares of JPMorgan Chase & Co. from $304.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Finally, Citigroup lifted 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 research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $252.89.

JPMorgan Chase & Co. Trading Up 0.5 %

JPM opened at $235.00 on Wednesday. The firm has a market capitalization of $657.08 billion, a price-to-earnings ratio of 11.90, a price-to-earnings-growth ratio of 2.83 and a beta of 1.10. The company’s 50 day simple moving average is $257.99 and its two-hundred day simple moving average is $239.11. JPMorgan Chase & Co. has a 1-year low of $179.20 and a 1-year 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.

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

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 4th will be issued a $1.40 dividend. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.25. This represents a $5.60 annualized dividend and a yield of 2.38%. JPMorgan Chase & Co.’s dividend payout ratio is presently 25.33%.

JPMorgan Chase & Co. Company 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.