JPMorgan Chase & Co. (NYSE:JPM) Shares Acquired by O ROURKE & COMPANY Inc

O ROURKE & COMPANY Inc boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,870 shares of the financial services provider’s stock after purchasing an additional 378 shares during the period. JPMorgan Chase & Co. makes up approximately 2.4% of O ROURKE & COMPANY Inc’s holdings, making the stock its 8th biggest position. O ROURKE & COMPANY Inc’s holdings in JPMorgan Chase & Co. were worth $3,720,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. XY Capital Ltd acquired a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $277,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 4th quarter valued at approximately $228,000. Comprehensive Financial Consultants Institutional Inc. lifted its position in shares of JPMorgan Chase & Co. by 4.6% in the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 32,350 shares of the financial services provider’s stock valued at $5,503,000 after acquiring an additional 1,420 shares in the last quarter. Breakwater Capital Group lifted its position in shares of JPMorgan Chase & Co. by 3.7% in the 4th quarter. Breakwater Capital Group now owns 8,872 shares of the financial services provider’s stock valued at $1,509,000 after acquiring an additional 314 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its position in shares of JPMorgan Chase & Co. by 1.2% in the 4th quarter. Clear Creek Financial Management LLC now owns 23,142 shares of the financial services provider’s stock valued at $3,937,000 after acquiring an additional 270 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds.

Insider Activity at JPMorgan Chase & Co.

In related news, insider Lori A. Beer sold 3,920 shares of the firm’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $195.36, for a total value of $765,811.20. Following the transaction, the insider now directly owns 64,783 shares in the company, valued at approximately $12,656,006.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other JPMorgan Chase & Co. news, 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 sale, the chief executive officer now directly owns 595,316 shares of the company’s stock, valued at approximately $108,782,092.68. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Lori A. Beer sold 3,920 shares of the business’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $195.36, for a total transaction of $765,811.20. Following the transaction, the insider now owns 64,783 shares in the company, valued at approximately $12,656,006.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 849,303 shares of company stock worth $155,107,447. 0.79% of the stock is owned by insiders.

JPMorgan Chase & Co. Stock Performance

Shares of JPM opened at $197.20 on Wednesday. JPMorgan Chase & Co. has a 12 month low of $126.22 and a 12 month high of $200.94. The company’s fifty day moving average is $187.10 and its 200-day moving average is $166.96. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.30. The firm has a market cap of $568.01 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15.

JPMorgan Chase & Co. (NYSE:JPM) last posted its earnings results on Friday, January 12th. The financial services provider reported $3.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.73 by ($0.69). JPMorgan Chase & Co. had a net margin of 20.70% and a return on equity of 17.80%. The firm had revenue of $38.57 billion during the quarter, compared to analyst estimates of $39.73 billion. During the same quarter in the previous year, the business posted $3.57 earnings per share. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. Equities analysts expect that JPMorgan Chase & Co. will post 15.8 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 5th will be paid a $1.15 dividend. The ex-dividend date of this dividend is Thursday, April 4th. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 dividend on an annualized basis and a yield of 2.33%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 28.36%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on JPM shares. Piper Sandler upped their price target on shares of JPMorgan Chase & Co. from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, January 16th. Barclays upped their price target on shares of JPMorgan Chase & Co. from $186.00 to $212.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and upped their price target for the company from $140.00 to $190.00 in a research report on Tuesday, January 9th. Jefferies Financial Group upped their price objective on shares of JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a research note on Monday. Finally, BMO Capital Markets upped their price objective on shares of JPMorgan Chase & Co. from $192.00 to $194.00 and gave the company a “market perform” rating in a research note on Tuesday, January 16th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.11.

About JPMorgan Chase & Co.

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.