JPMorgan Chase & Co. (NYSE:JPM) Holdings Lifted by Mine & Arao Wealth Creation & Management LLC.

Mine & Arao Wealth Creation & Management LLC. increased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 0.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,255 shares of the financial services provider’s stock after purchasing an additional 144 shares during the period. JPMorgan Chase & Co. makes up about 1.9% of Mine & Arao Wealth Creation & Management LLC.’s holdings, making the stock its 9th biggest holding. Mine & Arao Wealth Creation & Management LLC.’s holdings in JPMorgan Chase & Co. were worth $3,445,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stone House Investment Management LLC increased its stake in shares of JPMorgan Chase & Co. by 132.8% in the fourth quarter. Stone House Investment Management LLC now owns 156 shares of the financial services provider’s stock worth $27,000 after buying an additional 89 shares during the period. Macroview Investment Management LLC grew its holdings in JPMorgan Chase & Co. by 7,833.3% in the 3rd quarter. Macroview Investment Management LLC now owns 238 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 235 shares during the last quarter. Briaud Financial Planning Inc purchased a new position in shares of JPMorgan Chase & Co. in the third quarter valued at about $40,000. Stuart Chaussee & Associates Inc. bought a new position in shares of JPMorgan Chase & Co. during the fourth quarter valued at about $40,000. Finally, Rakuten Securities Inc. purchased a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth about $44,000. Institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Price Performance

NYSE JPM opened at $191.80 on Wednesday. JPMorgan Chase & Co. has a one year low of $133.13 and a one year high of $200.94. The stock has a 50-day moving average of $191.74 and a 200 day moving average of $173.16. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market capitalization of $550.79 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 2.38 and a beta of 1.13.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.45. JPMorgan Chase & Co. had a net margin of 20.05% and a return on equity of 17.79%. The firm had revenue of $41.93 billion for the quarter, compared to the consensus estimate of $40.90 billion. On average, sell-side analysts forecast that JPMorgan Chase & Co. will post 15.98 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th were issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 2.40%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Thursday, April 4th. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.78%.

Analyst Ratings Changes

A number of research analysts recently issued reports on JPM shares. Morgan Stanley reduced their price target on JPMorgan Chase & Co. from $221.00 to $216.00 and set an “overweight” rating on the stock in a report on Monday, April 15th. Jefferies Financial Group upped their target price on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a report on Monday, April 8th. Wells Fargo & Company lifted their price target on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Oppenheimer decreased their price objective on shares of JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating for the company in a report on Monday, April 15th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Thursday, February 1st. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $192.05.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Elena A. Korablina sold 21,829 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $190.91, for a total transaction of $4,167,374.39. Following the completion of the sale, the insider now owns 6,484 shares in the company, valued at $1,237,860.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 6,030 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $182.73, for a total transaction of $1,101,861.90. Following the completion of the sale, the general counsel now directly owns 59,456 shares of the company’s stock, valued at $10,864,394.88. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Elena A. Korablina sold 21,829 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $190.91, for a total transaction of $4,167,374.39. Following the completion of the transaction, the insider now owns 6,484 shares in the company, valued at $1,237,860.44. The disclosure for this sale can be found here. Insiders have sold a total of 1,042,525 shares of company stock worth $190,961,526 in the last ninety days. Insiders own 0.79% of the company’s stock.

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.