Capital Group Private Client Services Inc. Has $170.10 Million Stock Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Capital Group Private Client Services Inc. decreased its position in JPMorgan Chase & Co. (NYSE:JPM) by 4.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 709,602 shares of the financial services provider's stock after selling 34,281 shares during the period. JPMorgan Chase & Co. makes up 1.6% of Capital Group Private Client Services Inc.'s portfolio, making the stock its 12th largest position. Capital Group Private Client Services Inc.'s holdings in JPMorgan Chase & Co. were worth $170,099,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in JPM. Norges Bank bought a new stake in JPMorgan Chase & Co. in the 4th quarter valued at $8,310,884,000. Proficio Capital Partners LLC increased its holdings in JPMorgan Chase & Co. by 34,259.3% during the 4th quarter. Proficio Capital Partners LLC now owns 3,499,499 shares of the financial services provider's stock worth $838,865,000 after purchasing an additional 3,489,314 shares in the last quarter. APG Asset Management N.V. raised its stake in shares of JPMorgan Chase & Co. by 457.7% in the 4th quarter. APG Asset Management N.V. now owns 2,725,473 shares of the financial services provider's stock valued at $630,925,000 after purchasing an additional 2,236,740 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of JPMorgan Chase & Co. in the fourth quarter valued at about $259,038,000. Finally, Franklin Resources Inc. boosted its position in shares of JPMorgan Chase & Co. by 7.2% during the third quarter. Franklin Resources Inc. now owns 15,073,193 shares of the financial services provider's stock worth $3,338,955,000 after buying an additional 1,016,289 shares during the period. Institutional investors own 71.55% of the company's stock.

JPMorgan Chase & Co. Stock Performance

Shares of NYSE JPM opened at $231.79 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $645.07 billion, a P/E ratio of 11.74, a P/E/G ratio of 2.83 and a beta of 1.01. JPMorgan Chase & Co. has a 12 month low of $179.97 and a 12 month high of $280.25. The stock has a 50 day moving average of $245.59 and a 200-day moving average of $242.42.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings data on Friday, April 11th. The financial services provider reported $5.07 EPS for the quarter, topping analysts' consensus estimates of $4.63 by $0.44. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The firm had revenue of $45.30 billion during the quarter, compared to analysts' expectations of $43.62 billion. During the same period in the previous year, the business posted $4.44 earnings per share. The company's revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, equities research analysts predict that JPMorgan Chase & Co. will post 18.1 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 4th will be issued a dividend of $1.40 per share. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. The ex-dividend date of this dividend is Friday, April 4th. This represents a $5.60 annualized dividend and a dividend yield of 2.42%. JPMorgan Chase & Co.'s payout ratio is presently 27.49%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, CEO Troy L. Rohrbaugh sold 25,000 shares of the business's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $247.02, for a total value of $6,175,500.00. Following the completion of the sale, the chief executive officer now owns 133,381 shares of the company's stock, valued at approximately $32,947,774.62. The trade was a 15.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Jennifer Piepszak sold 4,273 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $269.85, for a total transaction of $1,153,069.05. Following the transaction, the chief operating officer now directly owns 54,469 shares in the company, valued at approximately $14,698,459.65. This represents a 7.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 73,545 shares of company stock valued at $19,149,144 in the last three months. 0.79% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Evercore ISI dropped their target price on JPMorgan Chase & Co. from $273.00 to $265.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 1st. Keefe, Bruyette & Woods boosted their price objective on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a "market perform" rating in a research report on Thursday, January 16th. KGI Securities assumed coverage on shares of JPMorgan Chase & Co. in a report on Sunday. They set a "hold" rating for the company. Baird R W upgraded shares of JPMorgan Chase & Co. from a "strong sell" rating to a "hold" rating in a research note on Friday, March 7th. Finally, Robert W. Baird upgraded shares of JPMorgan Chase & Co. from an "underperform" rating to a "neutral" rating and increased their price objective for the stock from $215.00 to $220.00 in a research note on Friday, March 7th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $255.67.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

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