AJOVista LLC Buys Shares of 1,291 JPMorgan Chase & Co. (NYSE:JPM)

AJOVista LLC bought a new stake in JPMorgan Chase & Co. (NYSE:JPM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,291 shares of the financial services provider’s stock, valued at approximately $220,000.

Several other large investors have also recently bought and sold shares of JPM. International Assets Investment Management LLC acquired a new position in JPMorgan Chase & Co. during the fourth quarter worth $1,017,893,000. Wellington Management Group LLP boosted its holdings in JPMorgan Chase & Co. by 12.2% during the third quarter. Wellington Management Group LLP now owns 42,421,711 shares of the financial services provider’s stock worth $6,151,997,000 after purchasing an additional 4,603,090 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new position in JPMorgan Chase & Co. during the third quarter worth $253,076,000. Cerity Partners LLC boosted its holdings in JPMorgan Chase & Co. by 155.2% during the fourth quarter. Cerity Partners LLC now owns 2,246,582 shares of the financial services provider’s stock worth $382,144,000 after purchasing an additional 1,366,360 shares during the last quarter. Finally, Comerica Bank boosted its holdings in JPMorgan Chase & Co. by 3,025.7% during the third quarter. Comerica Bank now owns 1,267,455 shares of the financial services provider’s stock worth $183,806,000 after purchasing an additional 1,226,905 shares during the last quarter. Institutional investors own 71.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Royal Bank of Canada restated an “outperform” rating and set a $185.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, March 20th. Wells Fargo & Company increased their target price on shares of JPMorgan Chase & Co. from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, March 20th. Evercore ISI increased their price target on shares of JPMorgan Chase & Co. from $188.00 to $210.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. Oppenheimer cut their price target on shares of JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating for the company in a research note on Monday, April 15th. Finally, Jefferies Financial Group increased their price target 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, April 8th. Eight research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.05.

JPMorgan Chase & Co. Price Performance

JPM stock opened at $197.53 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.29. JPMorgan Chase & Co. has a 12 month low of $133.13 and a 12 month high of $200.94. The firm has a market cap of $567.24 billion, a P/E ratio of 11.93, a P/E/G ratio of 2.38 and a beta of 1.13. The company’s 50-day moving average price is $191.97 and its two-hundred day moving average price is $173.32.

JPMorgan Chase & Co. (NYSE:JPM) last released its earnings results on Friday, April 12th. The financial services provider reported $4.63 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $40.90 billion. On average, analysts anticipate that JPMorgan Chase & Co. will post 15.98 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th were issued a $1.15 dividend. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend was Thursday, April 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.78%.

Insider Buying and Selling at JPMorgan Chase & Co.

In related news, insider Lori A. Beer sold 3,920 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $195.36, for a total transaction of $765,811.20. Following the sale, the insider now directly owns 64,783 shares of the company’s stock, valued at approximately $12,656,006.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Lori A. Beer sold 3,920 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $195.36, for a total transaction of $765,811.20. Following the sale, the insider now directly owns 64,783 shares of the company’s stock, valued at approximately $12,656,006.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jennifer Piepszak sold 1,648 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $178.96, for a total transaction of $294,926.08. Following the sale, the chief executive officer now directly owns 32,819 shares in the company, valued at $5,873,288.24. The disclosure for this sale can be found here. Insiders have sold a total of 1,063,506 shares of company stock valued at $195,024,605 in the last ninety days. 0.79% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. 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.