Tilson Financial Group Inc. Has $292,000 Stock Position in JPMorgan Chase & Co. (NYSE:JPM)

Tilson Financial Group Inc. decreased its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 7.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,190 shares of the financial services provider’s stock after selling 97 shares during the period. Tilson Financial Group Inc.’s holdings in JPMorgan Chase & Co. were worth $292,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Redwood Park Advisors LLC acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth about $29,000. Curat Global LLC acquired a new position in JPMorgan Chase & Co. during the 1st quarter worth about $33,000. Sellwood Investment Partners LLC acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth about $34,000. Investment Counsel Co. of Nevada acquired a new position in JPMorgan Chase & Co. during the 4th quarter worth about $37,000. Finally, Prudent Man Investment Management Inc. acquired a new position in JPMorgan Chase & Co. during the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock opened at $288.14 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $800.76 billion, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 2.62 and a beta of 1.10. The company’s 50 day moving average price is $270.30 and its two-hundred day moving average price is $255.98. JPMorgan Chase & Co. has a 52 week low of $190.90 and a 52 week high of $296.40.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Friday, April 11th. The financial services provider reported $5.07 EPS for the quarter, topping the consensus estimate of $4.63 by $0.44. The firm had revenue of $45.30 billion for the quarter, compared to the consensus estimate of $43.62 billion. JPMorgan Chase & Co. had a net margin of 21.21% and a return on equity of 16.88%. The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the company posted $4.44 EPS. On average, analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 3rd will be issued a dividend of $1.40 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $5.60 annualized dividend and a yield of 1.94%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.49%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Robert W. Baird downgraded shares of JPMorgan Chase & Co. from a “neutral” rating to an “underperform” rating and set a $235.00 target price on the stock. in a research report on Friday, June 27th. KGI Securities assumed coverage on shares of JPMorgan Chase & Co. in a research report on Sunday, April 13th. They set a “hold” rating on the stock. Hsbc Global Res downgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “moderate sell” rating in a research report on Tuesday. Wall Street Zen upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research report on Wednesday, May 14th. Finally, TD Cowen assumed coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, May 15th. They set a “buy” rating and a $305.00 target price on the stock. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $280.45.

Insider Activity at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 2,821 shares of the firm’s stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $265.71, for a total transaction of $749,567.91. Following the sale, the general counsel directly owned 68,757 shares in the company, valued at approximately $18,269,422.47. This trade represents a 3.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Linda Bammann sold 9,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $250.00, for a total transaction of $2,375,000.00. Following the sale, the director owned 91,539 shares in the company, valued at $22,884,750. This trade represents a 9.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 71,200 shares of company stock valued at $18,060,015. Corporate insiders own 0.47% of the company’s stock.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.