JPMorgan Chase & Co. (NYSE:JPM) Shares Purchased by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. boosted its stake in JPMorgan Chase & Co. (NYSE:JPM) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,653 shares of the financial services provider’s stock after acquiring an additional 299 shares during the period. Roman Butler Fullerton & Co.’s holdings in JPMorgan Chase & Co. were worth $2,008,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Valicenti Advisory Services Inc. raised its holdings in shares of JPMorgan Chase & Co. by 2.9% during the third quarter. Valicenti Advisory Services Inc. now owns 79,891 shares of the financial services provider’s stock worth $11,586,000 after purchasing an additional 2,220 shares during the period. Etfidea LLC raised its holdings in shares of JPMorgan Chase & Co. by 5.4% during the fourth quarter. Etfidea LLC now owns 1,937 shares of the financial services provider’s stock worth $329,000 after purchasing an additional 100 shares during the period. TKG Advisors LLC raised its holdings in shares of JPMorgan Chase & Co. by 97.6% during the third quarter. TKG Advisors LLC now owns 13,205 shares of the financial services provider’s stock worth $1,915,000 after purchasing an additional 6,521 shares during the period. Sutton Place Investors LLC raised its holdings in shares of JPMorgan Chase & Co. by 179.5% during the fourth quarter. Sutton Place Investors LLC now owns 13,099 shares of the financial services provider’s stock worth $2,228,000 after purchasing an additional 8,412 shares during the period. Finally, Alley Investment Management Company LLC raised its holdings in shares of JPMorgan Chase & Co. by 0.4% during the third quarter. Alley Investment Management Company LLC now owns 126,913 shares of the financial services provider’s stock worth $18,405,000 after purchasing an additional 530 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

JPMorgan Chase & Co. Stock Performance

Shares of JPM opened at $193.08 on Thursday. The firm has a 50-day moving average price of $189.80 and a 200 day moving average price of $170.07. The firm has a market capitalization of $554.54 billion, a PE ratio of 11.66, a P/E/G ratio of 2.38 and a beta of 1.15. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 1.29. JPMorgan Chase & Co. has a 52-week low of $131.81 and a 52-week high of $200.94.

JPMorgan Chase & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th will be given a dividend of $1.15 per share. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date is Thursday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 2.38%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.78%.

Insider Activity

In other news, Vice Chairman Peter Scher sold 1,810 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $178.96, for a total transaction of $323,917.60. Following the completion of the transaction, the insider now owns 44,956 shares in the company, valued at approximately $8,045,325.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Jennifer Piepszak sold 1,648 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $178.96, for a total transaction of $294,926.08. Following the completion of the transaction, the chief executive officer now owns 32,819 shares in the company, valued at approximately $5,873,288.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Vice Chairman Peter Scher sold 1,810 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $178.96, for a total transaction of $323,917.60. Following the transaction, the insider now owns 44,956 shares of the company’s stock, valued at approximately $8,045,325.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,020,696 shares of company stock worth $186,794,151. Corporate insiders own 0.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on JPM shares. UBS Group dropped their target price on shares of JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating on the stock in a report on Tuesday, April 16th. Evercore ISI increased their target price on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. Royal Bank of Canada restated an “outperform” rating and set a $185.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 20th. Piper Sandler lowered their price target on shares of JPMorgan Chase & Co. from $220.00 to $215.00 and set an “overweight” rating for the company in a research report on Monday, April 15th. Finally, BMO Capital Markets lowered their price target on shares of JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating for the company in a research report on Monday, April 15th. Eight equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.05.

JPMorgan Chase & Co. Company Profile

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.