B.O.S.S. Retirement Advisors LLC Sells 26,119 Shares of JPMorgan Chase & Co. (NYSE:JPM)

B.O.S.S. Retirement Advisors LLC decreased its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 94.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,421 shares of the financial services provider's stock after selling 26,119 shares during the quarter. B.O.S.S. Retirement Advisors LLC's holdings in JPMorgan Chase & Co. were worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in JPM. Quarry LP boosted its position in shares of JPMorgan Chase & Co. by 1,062.1% during the 2nd quarter. Quarry LP now owns 337 shares of the financial services provider's stock valued at $68,000 after purchasing an additional 308 shares in the last quarter. Anchor Investment Management LLC boosted its holdings in JPMorgan Chase & Co. by 3.1% during the second quarter. Anchor Investment Management LLC now owns 39,993 shares of the financial services provider's stock worth $8,089,000 after buying an additional 1,195 shares in the last quarter. Centaurus Financial Inc. grew its position in JPMorgan Chase & Co. by 17.8% in the second quarter. Centaurus Financial Inc. now owns 38,968 shares of the financial services provider's stock worth $7,882,000 after buying an additional 5,900 shares during the last quarter. Greater Midwest Financial Group LLC increased its holdings in shares of JPMorgan Chase & Co. by 6.6% in the second quarter. Greater Midwest Financial Group LLC now owns 10,413 shares of the financial services provider's stock valued at $2,189,000 after buying an additional 641 shares in the last quarter. Finally, Ashburton Jersey Ltd acquired a new stake in shares of JPMorgan Chase & Co. during the 2nd quarter valued at $18,230,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, General Counsel Stacey Friedman sold 3,303 shares of the company's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $253.94, for a total transaction of $838,763.82. Following the completion of the sale, the general counsel now owns 47,620 shares in the company, valued at approximately $12,092,622.80. This represents a 6.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.79% of the company's stock.

JPMorgan Chase & Co. Stock Up 0.6 %

JPM opened at $268.23 on Friday. The company has a market capitalization of $755.17 billion, a PE ratio of 13.59, a price-to-earnings-growth ratio of 2.83 and a beta of 1.11. The business has a 50-day moving average of $247.08 and a 200-day moving average of $227.63. JPMorgan Chase & Co. has a fifty-two week low of $171.43 and a fifty-two week high of $270.68. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its earnings results on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.03 by $0.78. The firm had revenue of $42.77 billion during the quarter, compared to analysts' expectations of $41.90 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The company's revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company earned $3.04 earnings per share. Equities research analysts forecast that JPMorgan Chase & Co. will post 17.82 EPS for the current fiscal year.

JPMorgan Chase & Co. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 6th will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Monday, January 6th. JPMorgan Chase & Co.'s dividend payout ratio is presently 25.33%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Citigroup boosted their target price on JPMorgan Chase & Co. from $215.00 to $250.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 19th. Bank of America upped their price objective on shares of JPMorgan Chase & Co. from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Tuesday, January 7th. Oppenheimer downgraded shares of JPMorgan Chase & Co. from an "outperform" rating to a "market perform" rating in a research report on Wednesday, November 20th. Evercore ISI upped their price target on shares of JPMorgan Chase & Co. from $217.00 to $230.00 and gave the company an "outperform" rating in a research report on Monday, October 14th. Finally, Baird R W downgraded shares of JPMorgan Chase & Co. from a "hold" rating to a "strong sell" rating in a research note on Thursday, November 7th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $251.78.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.